Common use of Accounting and Recording Clause in Contracts

Accounting and Recording. (a) The Warrant Agent shall promptly account to the Corporation with respect to Warrants exercised, and shall promptly forward to the Corporation (or into an account or accounts of the Corporation with the bank or trust company designated by the Corporation for that purpose), all monies received by the Warrant Agent on the subscription of Common Shares through the exercise of Warrants. All such monies and any securities or other instruments, from time to time received by the Warrant Agent, shall be received as agent for, and shall be segregated and kept apart by the Warrant Agent, the Warrantholders and the Corporation as their interests may appear. (b) The Warrant Agent shall record the particulars of Warrants exercised, which particulars shall include the names and addresses of the persons who become holders of Common Shares on exercise and the Exercise Date, in respect thereof. The Warrant Agent shall provide such particulars in writing to the Corporation and to its registrar and transfer agent for its Common Shares within five Business Days of any request by the Corporation therefor.

Appears in 13 contracts

Samples: Warrant Indenture (Columbia Care Inc.), Warrant Indenture (Columbia Care Inc.), Warrant Indenture (Columbia Care Inc.)

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Accounting and Recording. (a) The Warrant Agent shall promptly account to the Corporation with respect to Warrants exercised, and shall promptly forward to the Corporation (or into an account or accounts of the Corporation with the bank or trust company designated by the Corporation for that purpose), all monies received by the Warrant Agent on the subscription of Common Subordinate Voting Shares through the exercise of Warrants. All such monies and any securities or other instruments, from time to time received by the Warrant Agent, shall be received as agent for, and shall be segregated and kept apart by the Warrant Agent, the Warrantholders and the Corporation as their interests may appear. (b) The Warrant Agent shall record the particulars of Warrants exercised, which particulars shall include the names and addresses of the persons who become holders of Common Subordinate Voting Shares on exercise and the Exercise Date, in respect thereof. The Warrant Agent shall provide such particulars in writing to the Corporation and to its registrar and transfer agent for its Common Subordinate Voting Shares within five Business Days of any request by the Corporation therefor.

Appears in 4 contracts

Samples: Warrant Indenture (Trulieve Cannabis Corp.), Warrant Indenture (Harvest Health & Recreation Inc.), Warrant Indenture (Harvest Health & Recreation Inc.)

Accounting and Recording. (a) The Warrant Agent shall promptly account to the Corporation with respect to Warrants exercised, and shall promptly forward to the Corporation (or into an account or accounts of the Corporation with the bank or trust company designated by the Corporation for that purpose), all monies received by the Warrant Agent on the subscription of Common Shares through the exercise of Warrants. All such monies and any securities or other instruments, from time to time received by the Warrant Agent, shall be received as agent in trust for, and shall be segregated and kept apart by the Warrant Agent, the Warrantholders and the Corporation as their interests may appearappear in the register maintained by the Warrant Agent. (b) The Warrant Agent shall record the particulars of Warrants exercised, which particulars shall include the names and addresses of the persons who become holders of Common Shares on exercise and the Exercise Date, in respect thereof. The Warrant Agent shall provide such particulars in writing to the Corporation and to its registrar and transfer agent for its Common Shares within five Business Days of any request by the Corporation therefor.

Appears in 2 contracts

Samples: Warrant Indenture (Cohbar, Inc.), Warrant Indenture (Cohbar, Inc.)

Accounting and Recording. (a) The Warrant Agent shall promptly account to the Corporation with respect to Warrants exercised, and shall promptly forward to the Corporation (or into an account or accounts of the Corporation with the bank or trust company designated by the Corporation for that purpose), all monies received by the Warrant Agent on the subscription of Common Shares through the exercise of Warrants. All such monies and any securities or other instruments, from time to time received by the Warrant Agent, shall be received as agent in trust for, and shall be segregated and kept apart by the Warrant Agent, Agent on behalf of the Warrantholders and the Corporation as their interests may appear. (b) The Warrant Agent shall record the particulars of Warrants exercised, which particulars shall include the names and addresses of the persons who become holders of Common Shares on exercise and the Exercise Date, in respect thereof. The Warrant Agent shall provide such particulars in writing to the Corporation and to its registrar and transfer agent for its Common Shares within five Business Days of any request by the Corporation therefor.

Appears in 2 contracts

Samples: Warrant Indenture (Bunker Hill Mining Corp.), Warrant Indenture (Bunker Hill Mining Corp.)

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Accounting and Recording. (a) The Warrant Agent shall promptly account to the Corporation with respect to Warrants exercised, and shall promptly forward forward, as soon as practicable, to the Corporation (or into an account or accounts of the Corporation with the bank or trust company designated by the Corporation for that purpose), all monies received by the Warrant Agent on the subscription of Common Shares through the exercise of Warrants. All such monies and any securities or other instruments, from time to time received by the Warrant Agent, Agent shall be received as agent forfor the benefit of, and shall be segregated and kept apart by the Warrant Agent, Agent for the Warrantholders and the Corporation as their interests may appear. (b) The Warrant Agent shall record the particulars of Warrants exercised, which particulars shall include the names and addresses of the persons who become holders of Common Shares on exercise and the Exercise Date, in respect thereof. The Warrant Agent shall provide such particulars in writing to the Corporation and to its registrar and transfer agent for its Common Shares within five Business Days of any request by the Corporation therefortherefore.

Appears in 1 contract

Samples: Warrant Indenture (Organigram Holdings Inc.)

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