Common use of Assumption by Transferee Clause in Contracts

Assumption by Transferee. Upon becoming a Warrantholder in accordance with the provisions of this Agreement, the transferee thereof will be deemed to have acknowledged and agreed to be bound by this Agreement. Upon the registration by the Agent of such transferee as the holder of a Warrant, the transferor thereof will cease to have any further rights under this Agreement with respect to such Warrant or any Common Shares to be issued on exercise.

Assumption by Transferee. Upon becoming a Warrantholder in accordance with the provisions of this AgreementIndenture, the transferee thereof of any Warrant will be deemed to have acknowledged and agreed to be bound by this AgreementIndenture. Upon the registration by the Warrant Agent of such transferee as the holder of a Warrant, the transferor thereof will cease to have any further rights under this Agreement Indenture with respect to such Warrant or any Common Shares to be issued on exerciseupon exercise of the Warrants.

Assumption by Transferee. Upon becoming a Warrantholder in accordance with the provisions of this AgreementIndenture, the transferee thereof will shall be deemed to have acknowledged and agreed to be bound by this AgreementIndenture. Upon the registration by the Agent Trustee of such transferee as the holder of a Share Purchase Warrant, the transferor thereof will shall cease to have any further rights under this Agreement Indenture with respect to such Share Purchase Warrant or any Common Exchangeable Shares to be issued on exercise.

Assumption by Transferee. Upon becoming a Warrantholder in accordance with the provisions of this AgreementIndenture, the transferee thereof will shall be deemed to have acknowledged and agreed to be bound by this AgreementIndenture. Upon the registration by the Warrant Agent of such transferee as the holder of a WarrantWarrant or Warrants, the transferor thereof will shall cease to have any further rights under this Agreement Indenture with respect to such Warrant or Warrants or any Common Shares to be issued on exercise.exercise thereof. Back to Contents

Assumption by Transferee. Upon becoming a Special Warrantholder in accordance with the provisions of this AgreementIndenture, the transferee thereof will shall be deemed to have acknowledged and agreed to be bound by this AgreementIndenture. Upon the registration by the Agent Trustee of such transferee as the holder of a Special Warrant, the transferor thereof will shall cease to have any further rights under this Agreement Indenture with respect to such Special Warrant or any Common the Exchangeable Shares and Share Purchase Warrants to be issued on exerciseexercise or deemed exercise thereof.