Common use of Date on Which Exercise is Effective Clause in Contracts

Date on Which Exercise is Effective. Each Person in whose name any certificate for Common Shares or other securities, if applicable, is issued upon the exercise of Rights shall for all purposes be deemed to have become the holder of record of the Common Shares, or other securities, if applicable, represented thereby on, and such certificate shall be dated, the date upon which the Rights Certificate evidencing such Rights was duly surrendered in accordance with subsection 3.1(d) (together with a duly completed Election to Exercise) and payment of the relevant Exercise Price for such Rights (and any applicable transfer taxes and other governmental charges payable by the exercising holder hereunder) was made; provided, however, that if the date of such surrender and payment is a date upon which the transfer books of the Common Shares are closed, such Person shall be deemed to have become the holder of record of such Common Shares on, and such certificate shall be dated, the next succeeding Business Day on which the transfer books of the Common Shares are open.

Appears in 7 contracts

Samples: Shareholder Rights Plan Agreement, Shareholder Rights Plan Agreement (Quaterra Resources Inc), Shareholder Rights Plan Agreement

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Date on Which Exercise is Effective. Each Person in whose name any certificate a registration in Book Entry Form for Common Shares or other securities, if applicable, is issued made upon the exercise of Rights shall for all purposes be deemed to have become the holder of record of the Common Shares, Shares or other securities, if applicable, represented thereby onthereon, and such certificate registration shall be dated, dated the date upon which the Rights Certificate evidencing such Rights was duly surrendered in accordance with subsection 3.1(dSection 2.2(d) (together with a duly completed Election to Exercise) and payment of the relevant Exercise Price for such Rights (and any applicable transfer taxes and other governmental charges payable by the exercising holder hereunder) was made; provided, however, that if the date of such surrender and payment is a date upon which the Common Share transfer books of the Common Shares Xxxx Xxxxxx are closed, such Person shall be deemed to have become the record holder of record of such Common Shares shares on, and such certificate shall be dated, the next succeeding Business Day on which the Common Share transfer books of the Common Shares Xxxx Xxxxxx are open.

Appears in 4 contracts

Samples: Shareholder Rights Plan Agreement (West Fraser Timber Co., LTD), Successor Rights Plan Agreement (West Fraser Timber Co., LTD), Shareholder Rights Plan Agreement (Norbord Inc.)

Date on Which Exercise is Effective. Each Person in whose name any certificate for Common Voting Shares, Variable Voting Shares or other securities, if applicable, is issued upon the exercise of Rights shall for all purposes be deemed to have become the holder of record of the Common Voting Shares, Variable Voting Shares or other securities, if applicable, represented thereby on, and such certificate shall be dated, dated the date upon which the Rights Certificate evidencing such Rights was duly surrendered in accordance with subsection 3.1(d) (together with a duly completed Election to Exercise) and payment of the relevant Exercise Price for such Rights (and any applicable transfer taxes and other governmental charges payable by the exercising holder hereunder) was made; provided, however, that if the date of such surrender and payment is a date upon which the share transfer books of the Common Shares Corporation are closed, such Person shall be deemed to have become the record holder of record of such Common Shares securities on, and such certificate shall be dated, the next succeeding Business Day on which the share transfer books of the Common Shares Corporation are open.

Appears in 3 contracts

Samples: Shareholder Rights Plan Agreement, Shareholder Rights Plan Agreement (Postmedia Network Canada Corp.), Shareholder Rights Plan Agreement

Date on Which Exercise is Effective. Each Person in whose name any certificate for Common Shares or other securities, if applicable, is issued upon the exercise of Rights shall for all purposes be deemed to have become the holder of record of the Common Shares, Shares or other securities, if applicable, represented thereby onthereon, and such certificate shall be dated, dated the date upon which the Rights Certificate evidencing such Rights was duly surrendered in accordance with subsection 3.1(dSubsection 2.2(d) (together with a duly completed Election to Exercise) and payment of the relevant Exercise Price for such Rights (and any applicable transfer taxes and other governmental charges payable by the exercising holder hereunder) was made; provided, however, that if the date of such surrender and payment is a date upon which the transfer books of the Common Shares of the Company are closed, such Person shall be deemed to have become the holder of record of such Common Shares on, and such certificate shall be dated, the next succeeding Business Day on which the transfer books of the Common Shares are open.

Appears in 3 contracts

Samples: Shareholder Rights Plan Agreement (Coral Gold Resources, Ltd.), Shareholder Rights Plan Agreement (Avino Silver & Gold Mines LTD), Shareholder Protection Rights Plan Agreement (Western Wind Energy Corp)

Date on Which Exercise is Effective. Each Person in whose name any certificate for Common Shares or other securities, if applicable, is issued upon the exercise of Rights shall for all purposes be deemed to have become the holder of record of the Common Shares, Shares or other securities, if applicable, represented thereby on, and such certificate shall be dated, the date upon which the Rights Certificate evidencing such Rights was duly surrendered in accordance with subsection 3.1(dSubsection 2.2(d) (together with a duly completed Election to Exercise) and payment of the relevant Exercise Price for such Rights (and any applicable transfer taxes and other governmental charges payable by the exercising holder hereunder) was made; provided, however, that if the date of such surrender and payment is a date upon which the Common Share transfer books of the Common Shares Company are closed, such Person shall be deemed to have become the holder of record of such Common Shares on, and such certificate shall be dated, the next succeeding Business Day on which the Common Share transfer books of the Common Shares Company are open.

Appears in 2 contracts

Samples: Shareholder Agreement (Cott Corp /Cn/), Shareholder Rights Plan Agreement (Cott Corp /Cn/)

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Date on Which Exercise is Effective. Each Person in whose name any certificate for Common Shares New Units or other securities, property or assets, if applicable, is issued upon the exercise of Rights shall for all purposes be deemed to have become the holder of record of the Common Shares, New Units or other securities, property or assets, if applicable, represented thereby on, and such certificate shall be dated, the date upon which the Rights Certificate evidencing such Rights was duly surrendered in accordance with subsection 3.1(d) (together with a duly completed Election to ExerciseExercise was duly delivered to the Trust (together with any Rights Certificate evidencing such Rights) and payment of the relevant Exercise Price for such Rights (and any applicable transfer taxes and other governmental charges payable by the exercising holder hereunder) was made; provided, however, that if the date of such surrender and payment is a date upon which the Unit transfer books of the Common Shares Trust are closed, such Person shall be deemed to have become the record holder of record of such Common Shares Units on, and such certificate shall be dated, the next succeeding Business Day on which the Unit transfer books of the Common Shares Trust are open.

Appears in 1 contract

Samples: Unitholder Rights Agreement

Date on Which Exercise is Effective. Each Person in whose name any certificate a registration in Book Entry Form for Common Shares or other securities, if applicable, is issued made upon the exercise of Rights shall for all purposes be deemed to have become the holder of record of the Common Shares, Shares or other securities, if applicable, represented thereby onthereon, and such certificate registration shall be dated, dated the date upon which the Rights Certificate evidencing such Rights was duly surrendered in accordance with subsection 3.1(dSection 2.2(d) (together with a duly completed Election to Exercise) and payment of the relevant Exercise Price for such Rights (and any applicable transfer taxes and other governmental charges payable by the exercising holder hereunder) was made; provided, however, that if the date of such surrender and payment is a date upon which the Common Share transfer books of the Common Shares TELUS are closed, such Person shall be deemed to have become the record holder of record of such Common Shares shares on, and such certificate shall be dated, the next succeeding Business Day on which the Common Share transfer books of the Common Shares TELUS are open.

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement (Telus Corp)

Date on Which Exercise is Effective. Each Person in whose name any certificate for Common Shares or other securities, if applicable, is issued upon the exercise of Rights shall for all purposes be deemed to have become the absolute holder of record of the Common Shares, Shares or other securities, if applicable, represented thereby onthereon, and such certificate shall be dated, dated the date upon which the Rights Certificate evidencing such Rights was duly surrendered in accordance with subsection 3.1(d2.2(d) (together with a duly duly-completed Election to Exercise) and payment of the relevant Exercise Price for such Rights (and any applicable transfer taxes and other governmental charges payable by the exercising holder hereunder) was made; provided, however, that if the date of such surrender and payment is a date upon which the Common Share transfer books of the Common Shares Corporation are closed, such Person shall be deemed to have become the record holder of record of such Common Shares shares on, and such certificate shall be dated, the next succeeding Business Day on which the Common Share transfer books of the Common Shares Corporation are open.

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement

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