Common use of Change in Closing Date Clause in Contracts

Change in Closing Date. If a material change occurs after the date of filing of the Final Prospectus with the Canadian Securities Commissions and prior to the Standby Closing Date, then, subject to Article 9, the Standby Closing Date shall be, unless ITP and the Standby Purchaser otherwise agrees in writing, the later of the previously-scheduled Standby Closing Date and the sixth Business Day following the date on which all applicable filings or other requirements of the Securities Laws with respect to such material change have been complied with in all Qualifying Jurisdictions and any appropriate MRRS decision documents obtained for such filings and notice of such filings from ITP or ITP’s counsel have been received by the Standby Purchaser; provided, however, that in no event shall the Standby Closing Date be later than September 30, 2007.

Change in Closing Date. If a material change occurs after the date of filing of the Final Prospectus with the Canadian Securities Commissions and prior to the Standby Closing Date, then, subject to Article 9, ARTICLE 8 the Standby Closing Date shall be, unless ITP and the Standby Purchaser Purchasers otherwise agrees agree in writing, the later of the previously-scheduled Standby Closing Date and the sixth Business Day following the date on which all applicable filings or other requirements of the Securities Laws with respect to such material change have been complied with in all Qualifying Jurisdictions and any appropriate MRRS decision documents obtained for such filings and notice of such filings from ITP or ITP’s counsel have been received by the Standby PurchaserPurchasers; provided, however, that in no event shall the Standby Closing Date be later than September 30, 2007.