Common use of Accounting and Recording Clause in Contracts

Accounting and Recording. The Agent shall forthwith account and remit to the Company with respect to Warrants exercised and immediately forward to the Company (or into an account or accounts of the Company with the bank or trust company designated by the Company for that purpose) all monies received by the Agent on the purchase of [Notes/Debentures] through the exercise of Warrants. All such monies, and any [Notes/Debentures] or other instruments, from time to time received by the Agent shall be received in trust for, and shall be segregated and kept apart by the Agent in trust for, the Company. The Agent shall record the particulars of the Warrants exercised which shall include the names and addresses of the persons who become Registered Owners of [Notes/Debentures] on exercise, the Exercise Date, the Exercise Price and the number of [Notes/Debentures] reserved for that purpose by the Company. The Agent shall provide such particulars in writing to the Company.

Accounting and Recording. The Agent shall forthwith account and remit to the Company with respect to Warrants exercised and immediately forward to the Company (or into an account or accounts of the Company with the bank or trust company designated by the Company for that purpose) all monies received by the Agent on the purchase of [Notes/Debentures] through the exercise of Warrants. All such monies, and any [Notes/Debentures] or other instruments, from time to time received by the Agent shall be received in trust for, and shall be segregated and kept apart by the Agent in trust for, the Company. The Agent shall record the particulars of the Warrants exercised which shall include the names and addresses of the persons who become Registered Owners of [Notes/Debentures] on exercise, the Exercise Date, the Exercise Price and the number of [Notes/Debentures] delivered from the [Notes/Debentures] reserved for that purpose by the Company. The Agent shall provide such particulars in writing to the Company.

Accounting and Recording. The Agent shall forthwith account and remit to the Company with respect to Warrants exercised and immediately forward to the Company (or into an account or accounts of the Company with the bank or trust company designated by the Company for that purpose) all monies received by the Agent on the purchase of [{Notes/Debentures] } through the exercise of Warrants. All such monies, and any [{Notes/Debentures] } or other instruments, from time to time received by the Agent shall be received in trust for, and shall be segregated and kept apart by the Agent in trust for, the Company. The Agent shall record the particulars of the Warrants exercised which shall include the names and addresses of the persons who become Registered Owners of [{Notes/Debentures] } on exercise, the Exercise Date, the Exercise Price and the number of [{Notes/Debentures] } reserved for that purpose by the Company. The Agent shall provide such particulars in writing to the Company.