Effect of Exercise of Special Warrants. (a) Subject to subsection (b), upon deemed exercise of a Special Warrant, the Corporation shall cause to be issued to (i) in respect of Special Warrants that are not CDS Global Special Warrants, the person or persons in whose name or names the Underlying Securities so subscribed for are to be issued as specified in the Special Warrant register, or (ii) in respect of CDS Global Special Warrants, the Depository, the number of Underlying Securities to be issued to such person or persons and such person or persons shall become a holder or holders of the Underlying Securities with effect from the date on which the Special Warrant is deemed exercised and shall be entitled to delivery of certificates evidencing the Underlying Securities. The Corporation shall cause the certificates, or in the case of Underlying Securities issued under the book entry registration system, any other appropriate evidence of the issuance of Underlying Securities to be mailed by insured mail or delivered as specified to such person or persons (or, if applicable, the trustee under the registered retirement savings plan or other similar plans which holds the Underlying Securities) at the address or addresses specified in the Special Warrants register, within three Business Days of the date on which the Special Warrant is deemed to be exercised.
Effect of Exercise of Special Warrants. Upon valid exercise or deemed exercise of the Special Warrants as provided in Section 5.1 hereof, the Common Shares in respect of which the Special Warrants are validly or deemed exercised shall be deemed to have been issued, and such person or persons as are specified pursuant to Section 5.1 hereof shall be deemed to have become the holder or holders of record of such securities on the date of such valid exercise (herein called the "Exercise Date") unless the stock transfer books of the Company shall be closed by law on the said date of such valid exercise, in which case such securities shall be deemed to have been issued, such person or persons shall be deemed to have become the holder or holders of record of such securities and the Exercise Date shall be deemed to be on the date on which such stock transfer books are next re-opened. Upon valid exercise of the Special Warrants as aforesaid, the Trustee shall forthwith give written notice thereof to the Company. In the case of a Special Warrant which is exercised by a holder in accordance with the provisions of Section 5.1, within five Business Days after the Exercise Date of such Special Warrant, the Company shall:
Effect of Exercise of Special Warrants. (a) Upon compliance by the holder of any Special Warrant Certificate or Uncertificated Special Warrant with the provisions of Section 3.1 or upon the deemed exercise pursuant to Section 3.7, and subject to Section 3.3, the Units to be issued upon the exercise of the Special Warrants will be deemed to have been issued and the person or persons to whom such Units are to be issued will be deemed to have become the holder or holders of record of such Units on the Exercise Date, unless the registers of the Company will be closed on such date, in which case the Units to be issued upon the exercise of the Special Warrants will be deemed to have been issued and such person or persons deemed to have become the holder or holders of record of such Units on the date on which such transfer registers are reopened. It is hereby understood that in order for persons to whom Units are to be issued, to become holders of Units on record on the Exercise Date, Beneficial Owners must commence the exercise process sufficiently in advance so that the Special Warrant Agent is in receipt of all items of exercise at least one Business Day prior to such Exercise Date.
Effect of Exercise of Special Warrants. (a) The Subject Securities in respect of which the Special Warrants are exercised shall be deemed to have been issued on the Exercise Date at which time each Special Warrantholder shall be deemed to have become the holder of record of the Subject Securities issued in respect of the Special Warrants held by such Special Warrantholder unless the transfer books of the Corporation shall be closed by law on the said date of such exercise, in which case such Subject Securities shall be deemed to have been issued and such Special Warrantholder shall be deemed to have become the holder of record of such Subject Securities on the date on which such transfer books are next re-opened.
Effect of Exercise of Special Warrants. (a) Upon compliance by the holder of any Special Warrant Certificate with the provisions of Section 3.1 or upon deemed exercise pursuant to Section 3.7, and subject to Section 3.3, the Unit Shares and Warrants to be issued upon the exercise of the Special Warrants will be deemed to have been issued and the person or persons to whom such Unit Shares and Warrants are to be issued will be deemed to have become the holder or holders of record of such Unit Shares and Warrants on the Exercise Date, unless the transfer registers of the Corporation will be closed on such date, in which case the Unit Shares and Warrants to be issued upon the exercise of the Special Warrants will be deemed to have been issued and such person or persons deemed to have become the holder or holders of record of such Unit Shares and Warrants on the date on which such transfer registers are reopened.
Effect of Exercise of Special Warrants. Upon exercise or deemed exercise of the Special Warrants and compliance by the Special Warrantholder with sections 6.4 to 6.7, subject to sections 6.10, 6.11 and 7.9, the holder of the Special Warrants will be entitled to receive, without further payment therefor, one Unit for each Special Warrant exercised, and the Trustee will cause the holder thereof to be entered forthwith on its register of shareholders as the holder of the Unit Shares as of the Exercise Date.
Effect of Exercise of Special Warrants. 17. 3.3 Postponement of Delivery of Certificates....................................... 17. 3.4
Effect of Exercise of Special Warrants. 13 Subscription for less than Entitlement...............................................................13 Warrant Certificates for Fractions of Common Shares..................................................14
Effect of Exercise of Special Warrants. (1) Upon compliance by the holder of any Warrant Certificate with the provisions of Section 4.01 and Section 4.02, and subject to the provisions of Subsection 4.04(2), the number of Common Shares subscribed for and thereby issuable shall be deemed to have been issued and the person or persons to whom such Common Shares are to be issued shall be deemed to have become the holder or holders of record of such Common Shares on the Exercise Date unless the transfer books of the Company shall be closed on such date, in which case the Common Shares subscribed for and thereby issuable shall be deemed to have been issued, and such person or persons shall be deemed to have become the holder or holders of record of such Common Shares, on the date on which such transfer books were reopened. Upon the exercise of Special Warrants, that portion of the Escrowed Funds relating to such Special Warrants shall be released to the Company in accordance with Article Twelve hereof.
Effect of Exercise of Special Warrants. (a) Upon compliance by the holder of Special Warrants with the provisions of Section 2.9 or, in accordance with Section 2.8(a) and Section 2.8(d), immediately prior to the Expiry Time, the number of Underlying Securities subscribed for or which a holder is entitled to shall be deemed to have been issued and the Person or Persons to whom such Underlying Securities are to be issued shall be deemed to have become the holder or holders of record of such Underlying Securities on the Exercise Date. If the transfer books of the Issuer are closed on the Exercise Date, the Underlying Securities subscribed for shall be deemed to have been issued, and such Person or Persons shall be deemed to have become the holder or holders of record of such Underlying Securities, on the date on which such transfer books were reopened.
