Additional Payments by the Corporation. The Corporation shall, no later than one Business Day before the date on which a payment is required to be made pursuant to either Section 3.3 or Section 3.4, pay to the Subscription Receipt Agent, as agent and bailee on behalf of the Receiptholders, such amount, if any, as will be sufficient, when combined with the portion of the Escrowed Funds available for such payment, to allow the Subscription Receipt Agent to pay in full the amounts required to be paid pursuant to either Section 3.3 or Section 3.4.
Appears in 3 contracts
Samples: Subscription Receipt Agreement, Subscription Receipt Agreement, Subscription Receipt Agreement
Additional Payments by the Corporation. The Corporation shall, no later than one (1) Business Day before the date on which a payment is required to be made pursuant to either Section 3.3 or Section 3.43.3, pay to the Subscription Receipt Agent, as agent and bailee on behalf of the Receiptholders, such amount, if any, as will be sufficient, when combined with the portion of the Escrowed Funds available for such payment, to allow the Subscription Receipt Agent to pay in full the amounts required to be paid pursuant to either Section 3.3 or Section 3.43.3.
Appears in 2 contracts
Samples: Subscription Receipt Agreement (Cae Inc), Subscription Receipt Agreement (Cae Inc)
Additional Payments by the Corporation. The Corporation shall, no later than one Business Day before the date on which a the payment is required to be made pursuant to either Section 3.3 or Section 3.43.3, pay to the Subscription Receipt Agent, as agent and bailee on behalf of the Receiptholders, such amount, if any, as will be sufficient, when combined with the portion of the Escrowed Funds available for such payment, to allow the Subscription Receipt Agent to pay in full the amounts required to be paid pursuant to either Section 3.3 or Section 3.43.3.
Appears in 1 contract
Additional Payments by the Corporation. The Corporation shall, no later than one (1) Business Day before the date on which a the payment is required to be made pursuant to either Section 3.3 or Section 3.43.3, pay to the Subscription Receipt Agent, as agent and bailee on behalf of the Receiptholders, such amount, if any, as will be sufficient, when combined with the portion of the Escrowed Funds available for such payment, to allow the Subscription Receipt Agent to pay in full the amounts required to be paid pursuant to either Section 3.3 or Section 3.43.3.
Appears in 1 contract
Samples: Subscription Receipt Agreement (Pembina Pipeline Corp)
Additional Payments by the Corporation. The Corporation shall, no later than one Business Day before the date on upon which a payment any amount due hereunder from the Corporation, if any, is required to be made paid pursuant to either Section 3.3 or Section 3.4Article 3 of this Agreement, pay to the Subscription Receipt Agent, as agent and bailee on behalf of the Receiptholders, Agent such amount, if any, in immediately available funds as will be sufficient, when combined with the portion of the Escrowed Funds available for such payment, sufficient to allow the Subscription Receipt Agent to pay in full the amounts required to be paid pursuant to either Section 3.3 or Section 3.4under this Article 3. The Corporation shall notify in writing the Subscription Receipt Agent of such payments when made.
Appears in 1 contract
Samples: Subscription Receipt Agreement