Cancellation of Other Escrow Securities. (1) Any escrow securities which have not been released from escrow under this Agreement as at 4:30 p.m. (Vancouver time) or 5:30 p.m. (Calgary time) on the date which is the 10th anniversary of the date of delisting from the Exchange must immediately be cancelled. The Escrow Agent must deliver a notice to the Issuer, including any certificates possessed by the Escrow Agent which evidence the escrowed securities. The Issuer and Escrow Agent must take all actions as may be necessary to expeditiously effect cancellation.
Appears in 19 contracts
Samples: CPC Escrow Agreement (Flowr Corp), CPC Escrow Agreement (Zomedica Pharmaceuticals Corp.), CPC Escrow Agreement (Zomedica Pharmaceuticals Corp.)
Cancellation of Other Escrow Securities. (1) Any escrow securities which have not been released from escrow under this Agreement as at 4:30 p.m. (Vancouver time) or 5:30 p.m. (Calgary time) on the date which is the 10th anniversary of the date of delisting from the Exchange must immediately be cancelled. The Escrow Agent must deliver a notice to the Issuer, including any certificates possessed by the Escrow Agent which evidence the escrowed securities. The Issuer and Escrow Xxxxxx Agent must take all actions as may be necessary to expeditiously effect cancellation.
Appears in 11 contracts
Samples: CPC Escrow Agreement (KWESST Micro Systems Inc.), CPC Escrow Agreement, Agreement
Cancellation of Other Escrow Securities. (1) Any escrow securities which have not been released from escrow under this Agreement as at 4:30 p.m. (Vancouver time) or 5:30 p.m. (Calgary time) on the date which is the 10th anniversary of the date of delisting of the Issuer from the Exchange must immediately be cancelled. The Escrow Agent must deliver a notice to the Issuer, including any certificates possessed by the Escrow Agent which evidence the escrowed escrowedescrow securities. The Issuer and Escrow Xxxxxx Agent must take all actions as may be necessary to expeditiously effect cancellation.
Appears in 1 contract
Samples: CPC Escrow Agreement
Cancellation of Other Escrow Securities. (1) Any escrow securities which have not been released from escrow under this Agreement as at 4:30 p.m. (Vancouver time) or 5:30 p.m. (Calgary time) on the date which is the 10th anniversary of the date of delisting of the Issuer from the Exchange must immediately be cancelled. The Escrow Agent must deliver a notice to the Issuer, including any certificates possessed by the Escrow Agent which evidence the escrowed escrow securities. The Issuer and Escrow Agent must take all actions as may be necessary to expeditiously effect cancellation.
Appears in 1 contract
Samples: CPC Escrow Agreement
Cancellation of Other Escrow Securities. (1) Any escrow securities which have not been released from escrow under this Agreement as at 4:30 p.m. (Vancouver time) or 5:30 p.m. (Calgary time) on the date which is the 10th anniversary of the date of delisting of the Issuer from the Exchange must immediately be cancelled. The Escrow Agent must deliver a notice to the Issuer, including any certificates possessed by the Escrow Agent which evidence the escrowed escrow securities. The Issuer and Escrow Xxxxxx Agent must take all actions as may be necessary to expeditiously effect cancellation.
Appears in 1 contract
Samples: CPC Escrow Agreement