Common use of Accounting and Recording Clause in Contracts

Accounting and Recording. (1) 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 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 for the Warrantholders and the Corporation as their interests may appear. (2) 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 within five Business Days of any request by the Corporation therefor.

Appears in 4 contracts

Samples: Warrant Indenture (CLS Holdings USA, Inc.), Warrant Indenture (CLS Holdings USA, Inc.), Warrant Indenture

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Accounting and Recording. (1) 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 and any Warrants. 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 for for, the Warrantholders and the Corporation as their interests may appear. (2) 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 within five Business Days of any request by the Corporation therefor.

Appears in 2 contracts

Samples: Warrant Indenture, Warrant Indenture

Accounting and Recording. (1) The Warrant Agent shall promptly account to the Corporation Company with respect to Warrants exercised, exercised and shall promptly forward to the Corporation Company (or into an account or accounts of the Corporation Company with the bank or trust company designated by the Corporation Company for that purpose), all monies received by the Warrant Agent on the subscription of Common for Shares through the exercise of Warrants 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 for Agent, the Warrantholders and the Corporation Company as their interests may appear. (2) . 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 Company within five Business Days business days of any request by the Corporation Company therefor.

Appears in 1 contract

Samples: Common Share Purchase Warrant Indenture (Primero Mining Corp)

Accounting and Recording. (1) 3.5.1 The Warrant Agent shall promptly account to the Corporation with respect to Warrants exercised, exercised and shall promptly forward to the Corporation (or into an account or accounts of the Corporation with the bank or trust company Corporation designated by the Corporation for that purpose), all monies received by the Warrant Agent on the subscription of for Common Shares through the exercise of Warrants 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 for Agent, the Warrantholders and the Corporation as their interests may appear. (2) 3.5.2 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 within five (5) Business Days of any request by the Corporation therefor.

Appears in 1 contract

Samples: Warrant Indenture

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Accounting and Recording. (1) 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 and any securities or other instruments, from time to time received by the Warrant Agent shall be received as agent forfor the benefit of, and shall be segregated and kept apart by the Warrant Agent for for, the Warrantholders and the Corporation as their interests may appear. (2) 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 within five Business Days of any request by the Corporation therefor.

Appears in 1 contract

Samples: Warrant Indenture (Flora Growth Corp.)

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