Warrant Agent Not Required to Give Notice of Default. The Warrant Agent shall not be bound to give any notice or do or take any act, action or proceeding by virtue of the powers conferred on it hereby unless and until it shall have been required so to do under the terms hereof; nor shall the Warrant Agent be required to take notice of any default hereunder, unless and until notified in writing of such default, which notice shall distinctly specify the default desired to be brought to the attention of the Warrant Agent and in the absence of any such notice the Warrant Agent may for all purposes of this Indenture conclusively assume that no default has been made in the observance or performance of any of the representations, warranties, covenants, agreements or conditions contained herein. Any such notice shall in no way limit any discretion herein given to the Warrant Agent to determine whether or not the Warrant Agent shall take action with respect to any default.
Warrant Agent Not Required to Give Notice of Default. The Warrant Agent shall not be bound to give any notice or do or take any act, action or proceeding by virtue of the powers conferred on it hereby unless and until it shall have been required so to do under the terms hereof; nor shall the Warrant Agent be required to take notice of any default hereunder, unless and until notified in writing of such default, which notice shall distinctly specify the default desired to be brought to the attention of the Warrant Agent and in the absence of any such notice the Warrant Agent may for all purposes of this Indenture conclusively assume that no default has been made in the observance or performance of any of the representations, warranties, covenants, agreements or conditions contained herein. Any such notice shall in no way limit any discretion herein given to the Warrant Agent to determine whether or not the Warrant Agent shall take action with respect to any default. Proof of execution of any document or instrument in writing by a holder may be made by the certificate of a notary public, or other officer with similar powers, that the person signing such instrument acknowledged to him the execution thereof, or by an affidavit of a witness to such execution, or in any other manner the Warrant Agent considers adequate. The Warrant Agent shall not be bound to give notice to any person of execution hereof.
Warrant Agent Not Required to Give Notice of Default. 48 9.13 Anti-Money Laundering. 48 9.14 Compliance with Privacy Code. 48 Article 10 GENERAL 49
Warrant Agent Not Required to Give Notice of Default. 34 9.12 Anti-Money Laundering 34
Warrant Agent Not Required to Give Notice of Default. 17 SECTION 3.25 Anti-Money Laundering 18 SECTION 3.26 Compliance with Privacy Code 18 SECTION 3.27 Securities Exchange Commission Certification 19 ARTICLE IV MISCELLANEOUS 19 SECTION 4.1 Notices 19 SECTION 4.2 Supplements and Amendments 19 SECTION 4.3 Successors 20 SECTION 4.4 Governing Law; Jurisdiction 20 SECTION 4.5 Benefits of this Agreement 20 SECTION 4.6 Counterparts 20 SECTION 4.7 Table of Contents; Headings 20 SECTION 4.8 Severability 21 SECTION 4.9 Availability of Agreement 21 SECTION 4.10 Saturdays, Sundays, Holidays, etc. 21 SECTION 4.11 Damages 21 SECTION 4.12 Confidentiality 21 SECTION 4.13 Termination 21 SECTION 4.14 Force Majeure 21 SECTION 4.15 Definitions 22 Exhibit A-1 — Form of Warrant Certificate - DOJ/SEC Matter Exhibit A-2 — Form of Warrant Certificate - Class Action Lawsuit Exhibit B-1 — Form of Notice of Exercise — DOJ/ SEC Matter Exhibit B-2 — Form of Notice of Exercise — Class Action Lawsuit WARRANT AGREEMENT (this “Agreement”), dated as of [·], 2016, among QLT Inc., a corporation incorporated under the laws of British Columbia (the “Company”), and Computershare Trust Company of Canada, a trust company licensed to carry on business in all Provinces in Canada (the “Warrant Agent”).
