Common use of Accounting and Recording Clause in Contracts

Accounting and Recording. (a) The Trustee shall as soon as reasonably practicable account to the Corporation with respect to Warrants exercised. Any monies, securities or other instruments, from time to time received by the Trustee shall be received in trust for and shall be segregated and kept apart by the Trustee in trust for the Corporation. (b) The Trustee shall record the particulars of Warrants exercised which shall include the names and addresses of the persons who become holders of Common Shares on exercise and the Exercise Date. Within five Business Days of each Exercise Date, the Trustee shall provide such particulars in writing to the Corporation.

Accounting and Recording. (a) a. The Trustee shall as soon as reasonably practicable promptly account to the Corporation with respect to Special Warrants exercised. Any monies, securities or other instruments, instruments from time to time received by the Trustee shall be received in trust for for, and shall be segregated and kept apart by the Trustee in trust for for, the Corporation. (b) b. The Trustee shall record the particulars of Special Warrants exercised which shall include the names and addresses of the persons who become holders of Common Shares and Purchase Warrants on exercise and the Exercise Date. Within five Business Days of each Exercise Date, the Trustee shall provide such particulars in writing to the Corporation.

Accounting and Recording. (a) The Trustee shall as soon as reasonably practicable promptly account to the Corporation with respect to Class B Warrants exercised. Any monies, securities or other instruments, from time to time received by the Trustee shall be received in trust for for, and shall be segregated and kept apart by the Trustee in trust for for, the Corporation. (b) The Trustee shall record the particulars of Class B Warrants exercised which shall include the names and addresses of the persons who become holders of Common Shares on exercise and the Exercise Date. Within five Business Days of each Exercise Date, the Trustee shall provide such particulars in writing to the Corporation.