Common use of Deemed Exercise of Special Warrants Clause in Contracts

Deemed Exercise of Special Warrants. All Special Warrants will be deemed to have been exercised immediately prior to the Deemed Exercise Time and surrendered by the Special Warrantholders without any further action on the part of the Special Warrantholders. Upon the occurrence of that event, the Special Warrant Agent shall, (i) in respect of the CDS Global Special Warrants, as soon as possible deliver in uncertificated form to the Depository through the book entry registration system, the Underlying Securities that comprise the Units issued upon deemed exercise of the Special Warrants and the Corporation will direct the Depository to receive the Underlying Securities through the book entry registration system; and (ii) in respect of the Special Warrant Certificates, mail within three Business Days, one or more certificates representing the Underlying Securities issued upon deemed exercise of the Special Warrants, registered in the name of the Special Warrantholders, to the addresses of the Special Warrantholders as specified in the register for the Special Warrants or to such address as the Corporation may specify in writing to the Special Warrant Agent prior to the Deemed Exercise Time.

Appears in 5 contracts

Samples: sec.report, sec.report, sec.report

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Deemed Exercise of Special Warrants. All Special Warrants will be deemed to have been exercised immediately prior to the Deemed Exercise Time and surrendered by the Special Warrantholders without any further action on the part of the Special Warrantholders. Upon the occurrence of In that event, the Special Warrant Agent shall, (i) in respect of the CDS Global Special Warrants, as soon as possible immediately deliver in uncertificated form to the Depository through the book entry registration system, the Underlying Securities that comprise the Units Convertible Debentures issued upon the deemed exercise of the Special Warrants and the Corporation will direct the Depository to receive the Underlying Securities Convertible Debentures through the book entry registration only system; and (ii) in respect of the Special Warrant Certificates, mail within three Business Days, one or more certificates representing the Underlying Securities Convertible Debentures issued upon the deemed exercise of the Special Warrants, registered in the name of the Special Warrantholders, to the addresses of the Special Warrantholders as specified in the register for the Special Warrants or to such address as the Corporation or Special Warrantholder may specify in writing to the Special Warrant Agent prior to the Deemed Exercise Time.

Appears in 1 contract

Samples: Special Warrant (DHX Media Ltd.)

Deemed Exercise of Special Warrants. All Special Warrants will be deemed to have been exercised immediately prior to the Deemed Exercise Time and surrendered by the Special Warrantholders without any further action on the part of the Special Warrantholders. Upon the occurrence of In that event, the Special Warrant Agent shall, (i) in respect of the CDS Global Special Warrants, as soon as possible immediately deliver in uncertificated form to the Depository through the book entry registration system, the Underlying Securities that comprise the Units Convertible Debentures issued upon the deemed exercise of the Special Warrants and the Corporation will direct the Depository to receive the Underlying Securities Convertible Debentures through the book entry registration only system; and (ii) in respect of the Special Warrant Certificates, mail within three Business DaysDays of the date on which the Special Warrant is deemed to be exercised, one or more certificates representing the Underlying Securities Convertible Debentures issued upon the deemed exercise of the Special Warrants, registered in the name of the Special Warrantholders, to the addresses of the Special Warrantholders as specified in the register for the Special Warrants or to such address as the Corporation or Special Warrantholder may specify in writing to the Special Warrant Agent prior to the Deemed Exercise Time.

Appears in 1 contract

Samples: Special Warrant Indenture (Aurora Cannabis Inc)

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Deemed Exercise of Special Warrants. All Special Warrants will be deemed to have been exercised immediately prior to the Deemed Exercise Time and surrendered by the Special Warrantholders without any further action on the part of the Special Warrantholders. Upon the occurrence of In that event, the Special Warrant Agent shall, (i) in respect of the CDS Global Special Warrants, as soon as possible immediately deliver in uncertificated form to the Depository through the book entry registration system, the Underlying Securities that comprise the Units issued upon the deemed exercise of the Special Warrants and the Corporation will direct the Depository to receive the Underlying Securities through the book entry registration only system; and (ii) in respect of the Special Warrant Certificates, mail within three Business DaysDays of the date on which the Special Warrant is deemed to be exercised, one or more certificates representing the Underlying Securities issued upon the deemed exercise of the Special Warrants, registered in the name of the Special Warrantholders, to the addresses of the Special Warrantholders as specified in the register for the Special Warrants or to such address as the Corporation or Special Warrantholder may specify in writing to the Special Warrant Agent prior to the Deemed Exercise Time.

Appears in 1 contract

Samples: sedar-filings-backup.thecse.com

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