Common use of Assumption by Transferee Clause in Contracts

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

Appears in 3 contracts

Samples: Warrant Indenture (World Heart Corp), Warrant Indenture (World Heart Corp), Warrant Indenture (Crystallex International Corp)

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

Appears in 3 contracts

Samples: Warrant Agreement (Kinross Gold Corp), Warrant Agreement (Kinross Gold Corp), Warrant Agreement (Kinross Gold Corp)

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

Appears in 2 contracts

Samples: Warrant Indenture (Kinross Gold Corp), Warrant Indenture (Kinross Gold Corp)

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

Appears in 1 contract

Samples: Warrant Indenture

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

Appears in 1 contract

Samples: Warrant Indenture (Crystallex International Corp)

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Assumption by Transferee. Upon becoming a Special Warrantholder in accordance with the provisions of this Indenture, the transferee thereof shall be deemed to have acknowledged and agreed to be bound by this Indenture. Upon the registration by the Warrant Agent Trustee of such transferee as the holder of a Special Warrant, the transferor thereof shall cease to have any further rights under this 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.

Appears in 1 contract

Samples: Special Warrant Indenture and Escrow Agreement (SMTC Corp)

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

Appears in 1 contract

Samples: Warrant Indenture (Crystallex International Corp)

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

Appears in 1 contract

Samples: Share Purchase Warrant Indenture (SMTC Corp)

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