Common use of Rights and Duties of Subscription Receipt Agent Clause in Contracts

Rights and Duties of Subscription Receipt Agent. (a) In the exercise of the rights and duties prescribed or conferred by the terms of this Agreement, the Subscription Receipt Agent shall exercise that degree of care, diligence and skill that a reasonably prudent subscription receipt agent would exercise in comparable circumstances. No provision of this Agreement shall be construed to relieve the Subscription Receipt Agent from liability for its own negligence, wilful misconduct or bad faith.

Appears in 6 contracts

Samples: Subscription Receipt Agreement (Cae Inc), Subscription Receipt Agreement (Cae Inc), Subscription Receipt Agreement

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Rights and Duties of Subscription Receipt Agent. (a) In the exercise of the rights and duties prescribed or conferred by the terms of this Agreement, the Subscription Receipt Agent shall exercise that degree of care, diligence and skill that a reasonably prudent subscription receipt agent would exercise in comparable circumstances. No provision of this Agreement shall be construed to relieve the Subscription Receipt Agent from liability for its own gross negligence, wilful misconduct or bad faithfraud.

Appears in 3 contracts

Samples: Subscription Receipt Agreement (Obsidian Energy Ltd.), sedar-filings-backup.thecse.com, www.otcmarkets.com

Rights and Duties of Subscription Receipt Agent. (a1) In the exercise of the rights and duties prescribed or conferred by the terms of this Agreement, the Subscription Receipt Agent shall exercise that degree of care, diligence and skill that a reasonably prudent subscription receipt agent would exercise in comparable circumstances. No provision of this Agreement shall be construed to relieve the Subscription Receipt Agent from liability for its own negligencegross negligent action, wilful misconduct its own gross negligent failure to act, or its own willful misconduct, fraud or bad faith.

Appears in 2 contracts

Samples: Subscription Receipt Agreement, www.sedarpush.com

Rights and Duties of Subscription Receipt Agent. (a) In the exercise of the rights and duties prescribed or conferred by the terms of this Agreement, the Subscription Receipt Agent shall exercise that degree of care, diligence and skill that a reasonably prudent subscription receipt agent would exercise in comparable circumstances. No provision of this Agreement shall be construed to relieve the Subscription Receipt Agent from liability for its own negligence, wilful willful misconduct or bad faith.

Appears in 2 contracts

Samples: Subscription Receipt Agreement (Manulife Financial Corp), Subscription Receipt Agreement (Manulife Financial Corp)

Rights and Duties of Subscription Receipt Agent. (a) In the exercise of the rights and duties prescribed or conferred by the terms of this Agreement, the Subscription Receipt Agent shall exercise that degree of care, diligence and skill that a reasonably prudent subscription receipt escrow agent would exercise in comparable circumstances. No provision of this Agreement shall be construed to relieve the Subscription Receipt Agent from liability for its own negligencegross negligent action, its own gross negligent failure to act, or its own wilful misconduct or bad faithfraud.

Appears in 2 contracts

Samples: Subscription Receipt Agreement (Gran Tierra Energy Inc.), Subscription Receipt Agreement (Gran Tierra Energy Inc.)

Rights and Duties of Subscription Receipt Agent. (a) In the exercise of the rights and duties prescribed or conferred by the terms of this Agreement, the Subscription Receipt Agent shall exercise that degree of care, diligence and skill that a reasonably prudent subscription receipt agent would exercise in comparable circumstances. No provision of this Agreement shall be construed to relieve the Subscription Receipt Agent from liability for its own negligencenegligent action, wilful its own negligent failure to act, or its own misconduct or bad faith.

Appears in 2 contracts

Samples: Subscription Receipt Agreement, Subscription Receipt Agreement (Zarlink Semiconductor Inc)

Rights and Duties of Subscription Receipt Agent. (a) In the exercise of the rights and duties prescribed or conferred by the terms of this Agreement, the Subscription Receipt Agent shall exercise that degree of care, diligence and skill that a reasonably prudent subscription receipt agent would exercise in comparable circumstances. No provision of this Agreement shall be construed to relieve the Subscription Receipt Agent from liability for its own negligence, wilful misconduct or bad faithfraud.

Appears in 1 contract

Samples: Subscription Receipt Agreement (Baytex Energy Corp.)

Rights and Duties of Subscription Receipt Agent. (a) In the exercise of the rights and duties prescribed or conferred by the terms of this Agreement, the Subscription Receipt Agent shall exercise that degree of care, diligence and skill that a reasonably prudent subscription receipt agent would exercise in comparable circumstances. No provision of this Agreement shall be construed to relieve the Subscription Receipt Agent from liability for its own negligence, negligence or wilful misconduct or bad faithmisconduct.

Appears in 1 contract

Samples: Subscription Receipt Agreement

Rights and Duties of Subscription Receipt Agent. (a) In the exercise of the rights and duties prescribed or conferred by the terms of this Agreement, the Subscription Receipt Agent shall exercise that degree of care, diligence and skill that a reasonably prudent subscription receipt agent Subscription Receipt Agent would exercise in comparable circumstances. No provision of this Agreement shall be construed to relieve the Subscription Receipt Agent from liability for its own negligence, wilful misconduct or bad faithfraud.

Appears in 1 contract

Samples: Subscription Receipt Agreement (Bellatrix Exploration Ltd.)

Rights and Duties of Subscription Receipt Agent. (a) In the exercise of the rights and duties prescribed or conferred by the terms of this Agreement, the Subscription Receipt Agent shall exercise that degree of care, diligence and skill that a reasonably prudent subscription receipt escrow agent would exercise in comparable circumstances. No provision of this Agreement shall be construed to relieve the Subscription Receipt Agent from liability for its own gross negligence, wilful misconduct or bad faithfraud.

Appears in 1 contract

Samples: Subscription Receipt Agreement (Gran Tierra Energy Inc.)

Rights and Duties of Subscription Receipt Agent. (a) In the exercise of the rights and duties prescribed or conferred by the terms of this Agreement, the Subscription Receipt Agent shall exercise that degree of care, diligence and skill that a reasonably prudent subscription receipt agent trustee would exercise in comparable circumstances. No provision of this Agreement shall be construed to relieve the Subscription Receipt Agent from liability for its own negligence, wilful misconduct or bad faith.

Appears in 1 contract

Samples: Subscription Receipt Agreement (Postmedia Network Canada Corp.)

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Rights and Duties of Subscription Receipt Agent. (a) In the exercise of the rights and duties prescribed or conferred by the terms of this Agreement, the Subscription Receipt Agent shall exercise that the degree of care, diligence and skill that a reasonably prudent subscription receipt agent would exercise in comparable circumstances. No provision of this Agreement shall be construed to relieve the Subscription Receipt Agent from liability for its own negligencenegligent action, its own negligent failure to act or its own wilful misconduct or bad faith.

Appears in 1 contract

Samples: Subscription Receipt Agreement (Pembina Pipeline Corp)

Rights and Duties of Subscription Receipt Agent. (a) In the exercise of the rights and duties prescribed or conferred by the terms of this Agreement, the Subscription Receipt Agent shall exercise that degree of care, diligence and skill that a reasonably prudent subscription receipt agent Subscription Receipt Agent would exercise in comparable circumstances. No provision of this Agreement shall be construed to relieve the Subscription Receipt Agent from liability for its own negligenceintentional or gross fault, its own gross negligence or wilful misconduct misconduct, or its own bad faith.

Appears in 1 contract

Samples: Subscription Receipt Agreement (Amaya Inc.)

Rights and Duties of Subscription Receipt Agent. (a) In the exercise of the rights and duties prescribed or conferred by the terms of this Agreement, the Subscription Receipt Agent shall exercise that degree of care, diligence and skill that a reasonably prudent subscription receipt agent would exercise in comparable circumstances. No provision of this Agreement shall be construed to relieve the Subscription Receipt Agent from liability for its own negligencenegligent action, wilful its own negligent failure to act, or its own willful misconduct or bad faith.

Appears in 1 contract

Samples: Receipt Agreement (Us Geothermal Inc)

Rights and Duties of Subscription Receipt Agent. (a) In the exercise of the rights and duties prescribed or conferred by the terms of this Agreement, the Subscription Receipt Agent shall exercise that degree of care, diligence and skill that a reasonably prudent subscription receipt agent Subscription Receipt Agent would exercise in comparable circumstances. No provision of this Agreement shall be construed to relieve the Subscription Receipt Agent from liability for its own gross negligence, wilful misconduct misconduct, bad faith or bad faithfraud.

Appears in 1 contract

Samples: Subscription Receipt Agreement (Engine Gaming & Media, Inc.)

Rights and Duties of Subscription Receipt Agent. (a) In the exercise of the rights and duties prescribed or conferred by the terms of this Agreement, the Subscription Receipt Agent shall exercise that degree of care, diligence and skill that a reasonably prudent subscription receipt agent would exercise in comparable circumstances. No provision of this Agreement shall be construed to relieve the Subscription Receipt Agent from liability for its own negligence, gross negligence or wilful misconduct or bad faithmisconduct.

Appears in 1 contract

Samples: Subscription Receipt Agreement

Rights and Duties of Subscription Receipt Agent. (a) In the exercise of the rights and duties prescribed or conferred by the terms of this Agreement, the Subscription Receipt Agent shall exercise that degree of care, diligence and skill that a reasonably prudent subscription receipt agent would exercise in comparable circumstances. No provision of this Agreement shall be construed to relieve the Subscription Receipt Agent from liability for its own negligencenegligent action, its own negligent failure to act, or its own wilful misconduct or bad faith.

Appears in 1 contract

Samples: Subscription Receipt Agreement (Transcanada Corp)

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