Determining the Number of Outstanding Warrants. Every Warrant or any fraction thereof represented by a Warrant Certificate certified and delivered by the Warrant Agent hereunder shall be deemed to be outstanding until it shall be cancelled or delivered to the Warrant Agent for cancellation or until the Time of Expiry; provided that where a new Warrant Certificate has been issued pursuant to Section 2.7 hereof to replace one which is lost, mutilated, stolen or destroyed, the Warrants represented by only one of such Warrant Certificates shall be counted for the purpose of determining the aggregate number of Warrants outstanding.
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Determining the Number of Outstanding Warrants. Every Warrant or any fraction thereof represented by a Warrant Certificate certified and delivered by the Warrant Agent hereunder shall will be deemed to be outstanding until it shall be is cancelled or delivered to the Warrant Agent for cancellation or until the Time of Expiry; provided that where a new Warrant Certificate has been issued pursuant to Section 2.7 section 2.6 hereof to replace one which is lost, mutilated, stolen or destroyed, the Warrants represented by only one of such Warrant Certificates shall will be counted for the purpose of determining the aggregate number of Warrants outstanding.
Appears in 1 contract
Determining the Number of Outstanding Warrants. Every Warrant or any fraction thereof represented by a Warrant Certificate certified and delivered by the Warrant Agent Trustee hereunder shall be deemed to be outstanding until it shall be cancelled or delivered to the Warrant Agent Trustee for cancellation or until the Time of Expiry; provided that where a new Warrant Certificate has been issued pursuant to Section 2.7 2.06 hereof to replace one which is lost, mutilated, stolen or destroyed, the Warrants represented by only one of such Warrant Certificates shall be counted for the purpose of determining the aggregate number of Warrants outstanding.
Appears in 1 contract
Samples: Echo Bay Mines LTD
Determining the Number of Outstanding Warrants. Every Warrant or any fraction thereof represented by a Warrant Certificate certified and delivered by the Warrant Agent Trustee hereunder shall will be deemed to be outstanding until it shall be is cancelled or delivered to the Warrant Agent Trustee for cancellation or until the Time of Expiry; provided that where a new Warrant Certificate has been issued pursuant to Section 2.7 section 2.6 hereof to replace one which is lost, mutilated, stolen or destroyed, the Warrants represented by only one of such Warrant Certificates shall will be counted for the purpose of determining the aggregate number of Warrants outstanding.
Appears in 1 contract
Samples: Novagold Resources Inc