Subscription Receipt definition

Subscription Receipt means a subscription receipt of the Corporation entitling the holder thereof to receive, upon the occurrence of the release event set forth in the Subscription Receipt Underwriting Agreement, and without payment of any additional consideration, on the exchange thereof, one Common Share as more fully described in the Subscription Receipt Underwriting Agreement;

Subscription Receipt has the meaning ascribed thereto in Section 2.1 hereof;

Subscription Receipt means any money received by the Company as consideration for the allotment and issue to any person of shares in the share capital of the Company;

Examples of Subscription Receipt in a sentence

• No trust is intended to be or will be created hereby and the Subscription Receipt Agent shall owe no duties hereunder as a trustee.

• Any such notice shall in no way limit any discretion herein given to the Subscription Receipt Agent to determine whether or not the Subscription Receipt Agent shall take action with respect to any default.

• In addition, the Subscription Receipt Agent may act and rely and shall be protected in acting and relying upon any resolution, certificate, direction, instruction, statement, instrument, opinion, report, notice, request, consent, order, letter, telegram, cablegram or other paper or document believed by it to be genuine and to have been signed, sent or presented by or on behalf of the proper party or parties.

• The Subscription Receipt Agent may, nevertheless, in its discretion require further proof in cases where it deems further proof desirable or may accept such other proof as it shall consider proper.

• Any amount owing hereunder and remaining unpaid after 30 days from the invoice date will bear interest at the then current rate charged by the Subscription Receipt Agent against unpaid invoices and shall be payable upon demand.

More Definitions of Subscription Receipt

Subscription Receipt means those subscription receipts described in the final prospectus for the Subscription Receipt Offering dated October 24, 2013;

Subscription Receipt means a subscription receipt of the Predecessor Company issued pursuant to the Financing, each Subscription Receipt being convertible into one Common Share in the capital of the Predecessor Company (on a post-consolidation basis) pursuant to the Qualifying Transaction.

Subscription Receipt means a subscription receipt of Renewables, each Subscription Receipt being convertible into one Unit.

Subscription Receipt means the subscription receipts of the Company issued and certified pursuant to the Subscription Receipt Agreement, each Subscription Receipt entitling the holder to receive, immediately upon receiving conditional acceptance of the CSE for the Listing, on or before February 14, 2020, without any further action by the holder, one Common Share and one Warrant at an exercise price of $0.23 and expiring 24 months from the date of issuance. XTM obtained conditional acceptance of the CSE on February 14, 2020, at which time the release conditions of the Subscription Receipts were satisfied. As of the date of this Prospectus, there are no outstanding Subscription Receipts.

Subscription Receipt has the meaning ascribed thereto in the first paragraph of this Agreement;

Subscription Receipt means a subscription receipt issued by the Company entitling the holder to acquire, without any further payment, one Subscription Receipt Share for each Subscription Receipt held upon satisfaction of the Escrow Release Conditions.

Subscription Receipt means a subscription receipt that entitles the holder thereof to receive upon satisfaction of certain release conditions, and for no additional consideration, Units, Debt Securities or Warrants.