Common use of Arrangement Agreement Clause in Contracts

Arrangement Agreement. 2.1 This Plan of Arrangement is made pursuant and subject to the provisions of the Arrangement Agreement. 2.2 This Plan of Arrangement, upon the filing of the Arrangement Filings in accordance with the CBCA and the Final Order, will, subject to Section 4.1, become effective on, and be binding on and after the Effective Time on: the REIT; Extendicare Trust; Holding GP; Extendicare Holding Partnership; Extendicare; the Shareholders; Newco; and ULC. 2.3 The filing of the Arrangement Filings shall be conclusive evidence that the Arrangement has become effective and that each of the provisions of Article 3 has become effective in the sequence set out therein.

Arrangement Agreement. 2.1 This Plan of Arrangement is made pursuant and subject to the provisions of the Arrangement Agreement. 2.2 This Plan of Arrangement, upon the filing of the Articles of Arrangement Filings in accordance with the CBCA and the Final Orderissue of the Certificates, will, subject to Section 4.1, will become effective on, and be binding on and after after, the Effective Time on: on the REIT; Extendicare Trust; Holding GP; Extendicare Holding Partnership; Extendicare; the QAT Shareholders; Newco; , QAT, Purchaser, Newco and ULCAmalco. 2.3 The filing Articles of the Arrangement Filings and Certificates shall be filed and issued, respectively, with respect to this Arrangement in its entirety. The Certificates shall be conclusive evidence that the Arrangement has become effective and that each of the provisions of Article 3 has become effective in the sequence and at the times set out therein.

Arrangement Agreement. 2.1 This Plan of Arrangement is made pursuant and subject to the provisions of the Arrangement Agreement. 2.2 This Plan of Arrangement, upon the filing of the Arrangement Filings in accordance with the CBCA and the Final Order, will, subject to Section section 4.1, become effective on, and be binding on and after the Effective Time on: the REIT; Extendicare Fund, the Trust; , the Holding GP; Extendicare , the Holding Partnership; Extendicare; , Cinram, the Shareholders; , the Optionholders, Newco; , the ULC and ULCthe LLC. 2.3 The filing of the Arrangement Filings shall be conclusive evidence that the Arrangement has become effective and that each of the provisions of Article 3 has become effective in the sequence and at the times set out therein.