Common use of Cancellation of Surrendered Warrants Clause in Contracts

Cancellation of Surrendered Warrants. All Warrant Certificates surrendered to the Trustee pursuant to Sections 2.7, 2.8, 2.9, 3.1, 3.3, and 5.1 shall be cancelled by the Trustee and, after the expiry of any period of retention prescribed by law, destroyed by the Trustee and, upon written request by the Corporation, the Trustee shall furnish to the Corporation a destruction certificate identifying the Warrant Certificates so destroyed, the number of Warrants evidenced thereby and the number of Common Shares which could have been purchased pursuant thereto.

Appears in 3 contracts

Samples: Warrant Indenture (Oilsands Quest Inc), Warrant Indenture (Oilsands Quest Inc), Warrant Indenture (Oilsands Quest Inc)

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Cancellation of Surrendered Warrants. All Warrant Certificates surrendered to the Trustee pursuant to Sections 2.7, 2.8, 2.9, 3.1, 3.3, 3.3 and 5.1 shall be cancelled by the Trustee and, after the expiry of any period of retention prescribed by law, destroyed by the Trustee and, upon written request by the Corporation, the Trustee shall furnish to the Corporation a destruction certificate identifying the Warrant Certificates so destroyed, the number of Warrants evidenced thereby and the number of Common Shares which could have been purchased pursuant thereto.

Appears in 3 contracts

Samples: Warrant Indenture (Transatlantic Petroleum Corp.), Warrant Indenture (Transatlantic Petroleum Corp.), Warrant Indenture (Transatlantic Petroleum Corp.)

Cancellation of Surrendered Warrants. All Warrant Certificates Special Warrants surrendered to the Trustee pursuant to Sections 2.7Section 2.04, 2.8, 2.9, 3.1, 3.3, and 5.1 3.01 or 4.01 shall be cancelled by the Trustee and, after the expiry of any period of retention prescribed by law, and destroyed by the Trustee and, upon written request if required by the Corporation, the Trustee shall furnish to the Corporation with a destruction certificate identifying the Warrant Certificates Special Warrants so destroyed, the number of Warrants evidenced thereby destroyed and the number of Common Shares which could have been purchased pursuant theretoto each.

Appears in 1 contract

Samples: Special Warrant Indenture (Brocker Technology Group LTD)

Cancellation of Surrendered Warrants. All Warrant Certificates surrendered to the Trustee at the Warrant Agency pursuant to Sections s 2.7, 2.8, 2.9, 3.1, 3.3, 3.4 and 5.1 shall be cancelled by the Trustee and, after the expiry of any period of retention prescribed by law, destroyed by the Trustee and, upon written request by the Corporation, and the Trustee shall furnish to the Corporation Company with a destruction certificate identifying the Warrant Certificates so destroyed, destroyed and the number of Warrants evidenced thereby and the number of Common Shares which could have been purchased acquired pursuant theretoto each destroyed Warrant Certificate.

Appears in 1 contract

Samples: Warrant Indenture (Spectrum Signal Processing Inc)

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Cancellation of Surrendered Warrants. All Warrant Certificates surrendered pursuant to Section 2.8, Section 2.9, Section 2.10, Section 2.11, Section 3.1, Section 3.6 or Section 5.4 shall be returned to the Trustee pursuant to Sections 2.7, 2.8, 2.9, 3.1, 3.3, and 5.1 shall be cancelled by the Trustee for cancellation and, after the expiry of any period of retention prescribed by law, destroyed by the Trustee and, upon written Trustee. Upon request by the Corporation, the Trustee shall furnish to the Corporation a destruction certificate identifying the Warrant Certificates so destroyed, the number of Warrants evidenced thereby and the number of Common Shares which could have been purchased Shares, if any, issued pursuant theretoto such Warrants.

Appears in 1 contract

Samples: Warrant Indenture (North American Palladium LTD)

Cancellation of Surrendered Warrants. All Warrant Certificates surrendered to the Trustee pursuant to Sections 2.7, 2.8, 2.9, 2.10, 3.1, 3.3, and 5.1 3.5 or 5.4 shall be cancelled by returned to the Trustee for cancellation and, after the expiry of any period of retention prescribed by law, destroyed by the Trustee and, upon written Trustee. Upon request by the Corporation, the Trustee shall furnish to the Corporation a destruction certificate identifying the Warrant Certificates so destroyed, the number of Warrants evidenced thereby and the number of Common Shares which could have been purchased Shares, if any, issued pursuant theretoto such Warrants.

Appears in 1 contract

Samples: Warrant Indenture (Oncolytics Biotech Inc)

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