Common use of Conversion of Sub Common Shares Clause in Contracts

Conversion of Sub Common Shares. Each issued and outstanding common share, without par value, of Sub ("Sub Common Shares"), shall be converted into and become one fully paid and non-assessable common share, without par value, of the Surviving Corporation ("Surviving Corporation Common Shares"). Each certificate representing outstanding Sub Common Shares shall at the Effective Time represent an equal number of Surviving Corporation Common Shares.

Conversion of Sub Common Shares. Each issued and outstanding common share, without par value, of Sub ("“Sub Common Shares"), ”) shall be converted into and become one fully paid and non-assessable common share, without par value, of the Surviving Corporation ("“Surviving Corporation Common Shares"”). Each certificate representing outstanding Sub Common Shares shall at the Effective Time be deemed for all purposes to evidence the ownership of, and to represent an equal number of Surviving Corporation Common Shares.

Conversion of Sub Common Shares. Each issued and outstanding common share, without par value, of Sub ("Sub Common Shares"), ) shall be converted into and become one fully paid and non-assessable common share, without par value, of the Surviving Corporation ("Surviving Corporation Common Shares"). Each certificate representing outstanding Sub Common Shares shall at as the Effective Time represent an equal number of Surviving Corporation Common Shares.