Achievement Certificate Sample Clauses
Achievement Certificate. (a) Upon the satisfaction of any Milestone in accordance with Section 2.1 prior to the Expiry Time, the Company will, as soon as practicable (and in any event not later than five Business Days after the date that the Milestone has been satisfied), deliver to the Holder: (i) a notice in writing (the “Achievement Certificate”) signed on behalf of the Company by one or more officers (without personal liability) certifying that the Milestone has been satisfied; and (ii) a new Certificate for the balance of the Contingent Rights and the remaining Milestones, which new Certificate will supersede and replace this one.
(b) Within five (5) Business Days of the Expiry Time, the Company will deliver to the Holder a notice in writing (the “General Non-Achievement certificate”) signed on behalf of the Company by one or more officers (without personal liability) certifying that each applicable Milestone has not been satisfied by the Expiry Time, and that the Company has complied in all material respects with its obligations under this Agreement.
Achievement Certificate. (a) If the Payment Condition is met prior to the Termination Date, Pan American will, as soon as practicable (and in any event not later than three Business Days after the date that the Payment Condition has been satisfied), deliver to the Holder Committee and the Rights Agent a notice in writing (the “Achievement Certificate”) signed on behalf of Pan American by one or more officers (without personal liability) certifying that the Payment Condition has been satisfied. The Rights Agent will promptly (and in any event, within one Business Day after receipt) deliver a copy of such Achievement Certificate to the Holders.
(b) If the Payment Condition is not met prior to the Termination Date, Pan American will, as soon as practicable (and in any event not later than three Business Days after the Termination Date), deliver to the Holder Committee and the Rights Agent a notice in writing (the “Non-Achievement Certificate”) signed on behalf of Pan American by one or more officers (without personal liability) certifying that the Payment Condition has not been satisfied by the Termination Date and that Pan American has complied in all material respects with its obligations under the this Indenture. The Rights Agent will promptly (and in any event, within one Business Day after receipt) deliver a copy of such Non-Achievement Certificate to the Holders.
Achievement Certificate. (a) If a Payment Condition is met prior to the Termination Date, Aura will, as soon as practicable (and in any event not later than five Business Days after the date that such Payment Condition has been satisfied), deliver to the Trustees a notice in writing (the "Achievement Certificate") signed on behalf of Aura by one or more officers (without personal liability) certifying that such Payment Condition has been satisfied. The Canadian Trustee will promptly (and in any event, within three Business Days after receipt) deliver a copy of such Achievement Certificate to the Holders.
(b) If any Payment Condition is not met prior to the Termination Date, Aura will, as soon as practicable (and in any event not later than five Business Days after the Termination Date), deliver to the Trustees a notice in writing (the "Non-Achievement Certificate") signed on behalf of Aura by one or more officers (without personal liability) certifying that such Payment Condition has not been satisfied by the Termination Date and that Aura has complied in all material respects with its obligations under the this Indenture. The Canadian Trustee will promptly (and in any event, within three Business Days after receipt) deliver a copy of such Non-Achievement Certificate to the Holders.