Common use of Effect of Exercise of Warrants Clause in Contracts

Effect of Exercise of Warrants. (1) Upon the exercise of Warrants pursuant to and in compliance with Section 3.2 and subject to Section 3.3 and Section 3.4, the Common Shares to be issued pursuant to the Warrants exercised 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 such Common Shares as of the Exercise Date, unless the registers shall be closed on such date, in which case the Common Shares subscribed for shall be deemed to have been issued and such person or persons deemed to have become the holder or holders of record of such Common Shares, on the date on which such registers are reopened.

Appears in 5 contracts

Samples: Warrant Indenture (CLS Holdings USA, Inc.), sedar-filings-backup.thecse.com, webfiles.thecse.com

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Effect of Exercise of Warrants. (1a) Upon compliance by the exercise holder of Warrants pursuant to and in compliance any Warrant Certificate with the provisions of Section 3.2 3.1, and subject to Section 3.3 and Section 3.43.3, the Common Shares to be issued pursuant to the Warrants exercised subscribed for shall be deemed to have been issued as fully paid and non-assessable 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 as on the Exercise Date unless the transfer registers of the Exercise Date, unless the registers Corporation shall be closed on such date, in which case the Common Shares subscribed for shall be deemed to have been issued and such person or persons deemed to have become the holder or holders of record of such Common Shares, on the date on which such transfer registers are reopened.

Appears in 5 contracts

Samples: Warrant Indenture (Oilsands Quest Inc), Warrant Indenture (Oilsands Quest Inc), Warrant Indenture (Transatlantic Petroleum Corp.)

Effect of Exercise of Warrants. (1) Upon the exercise of Warrants pursuant to and in compliance with Section 3.2 and subject to Section 3.3 and Section 3.43.3, the Common Shares to be issued pursuant to the Warrants exercised 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 such Common Shares as of on the Exercise Date, Date unless the registers Register shall be closed on such date, in which case the Common Shares subscribed for shall be deemed to have been issued issued, and such person or persons deemed to have become the holder or holders of record of such Common Shares, on the date on which such registers are Register is reopened.

Appears in 2 contracts

Samples: Warrant Indenture (Osisko Development Corp.), Osisko Development Corp.

Effect of Exercise of Warrants. (1) Upon If the exercise of Warrants pursuant to and are duly exercised in compliance accordance with Section 3.2 3.1(1) and Section 3.2, and subject to Section 3.3 and Section 3.4, the Common 3.1(2),the Shares to be issued pursuant to the Warrants exercised subscribed for shall be deemed to have been issued and the person Person or persons 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 as of on the Exercise Date, Date unless the transfer registers for the Shares shall be closed on such date, in which case the Common Shares subscribed for shall be deemed to have been issued and such person Person or persons Persons shall be deemed to have become the holder or holders of record of such Common Shares, the same on the date on which such transfer registers are reopenedre-opened.

Appears in 2 contracts

Samples: Warrant Agency Agreement, Warrant Agency Agreement (Alignvest Acquisition Corp)

Effect of Exercise of Warrants. (1) Upon the exercise of Warrants pursuant to and in compliance with Section 3.2 and subject to Section 3.3 and Section 3.40, the Common Shares to be issued pursuant to the Warrants exercised 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 such Common Shares as of the Exercise Date, unless the registers shall be closed on such date, in which case the Common Shares subscribed for shall be deemed to have been issued and such person or persons deemed to have become the holder or holders of record of such Common Shares, on the date on which such registers are reopened.

Appears in 2 contracts

Samples: Warrant Indenture (CLS Holdings USA, Inc.), sedar-filings-backup.thecse.com

Effect of Exercise of Warrants. (1a) Upon compliance by the exercise holder of Warrants pursuant to and in compliance any Warrant Certificate with Section 3.2 the provisions of section 3.1, and subject to Section 3.3 and Section 3.4section 3.3, the Common Shares to be issued pursuant to the Warrants exercised subscribed for shall be deemed to have been issued and the person Person or persons 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 as of on the Exercise Date, unless the transfer registers of the Corporation shall be closed on such date, in which case the Common Shares subscribed for shall be deemed to have been issued issued, and such person Person or persons Persons shall be deemed to have become the holder or holders of record of such Common Shares, on the date on which such transfer registers are reopened.

Appears in 1 contract

Samples: Warrant Indenture

Effect of Exercise of Warrants. (1) Upon the exercise of Warrants pursuant to and in compliance with Section 3.2 and subject to Section 3.3 and Section 3.4, the Common Shares to be issued pursuant to the Warrants exercised 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 such Common Shares as of the Exercise Date, unless the registers shall be closed on such date, in which case the Common Shares subscribed for shall be deemed to have been issued and such person or persons deemed to have become the holder or holders of record of such Common Shares, on the date on which such registers are reopened.reopened.β€Œ

Appears in 1 contract

Samples: webfiles.thecse.com

Effect of Exercise of Warrants. (1) Upon the exercise of Warrants pursuant to and in compliance with Section 3.2 and subject to Section 3.3 and Section 3.4, 3.4 the Common Shares to be issued pursuant to the Warrants exercised 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 such Common Shares as of the Exercise Date, unless the registers shall be closed on such date, in which case the Common Shares subscribed for shall be deemed to have been issued and such person or persons deemed to have become the holder or holders of record of such Common Shares, on the date on which such registers are reopened.

Appears in 1 contract

Samples: webfiles.thecse.com

Effect of Exercise of Warrants. (1a) Upon compliance by the exercise holder of Warrants pursuant to and in compliance any Warrant Certificate with the provisions of Section 3.2 3.1, and subject to Section 3.3 and Section 3.43.3, the Common Shares to be issued pursuant to upon the exercise of any Warrants exercised 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 as of on the Exercise Date, unless the registers transfer register of the Corporation shall be closed on such date, in which case the Common Shares subscribed for to be issued upon the exercise of any Warrants shall be deemed to have been issued and such person or persons deemed to have become the holder or holders of record of such Common Shares, Shares on the date on which such transfer registers are reopened.

Appears in 1 contract

Samples: Warrant Indenture (Champion Communication Services Inc)

Effect of Exercise of Warrants. (1) Upon the exercise of Warrants pursuant to and in compliance with Section 3.2 and subject to Section 3.3 and Section 3.43.3, the Common Shares to be issued pursuant to the Warrants exercised 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 such Common Shares as of the Exercise Date, unless the registers shall be closed on such date, in which case the Common Shares subscribed for shall be deemed to have been issued and such person or persons deemed to have become the holder or holders of record of such Common Shares, on the date on which such registers are reopened.

Appears in 1 contract

Samples: sedar-filings.thecse.com

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Effect of Exercise of Warrants. (1a) Upon the exercise of Warrants pursuant to and in compliance with Section 3.2 3.3 and subject to Section 3.3 and Section 3.43.5, the Common Shares to be issued pursuant to the Warrants exercised 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 as on the Exercise Date unless the transfer registers of the Exercise Date, unless the registers Transfer Agent shall be closed on such date, in which case the Common Shares subscribed for shall be deemed to have been issued and such person or persons deemed to have become the holder or holders of record of such Common Shares, on the date on which such transfer registers are reopened.

Appears in 1 contract

Samples: Warrant Indenture (Red Mile Entertainment Inc)

Effect of Exercise of Warrants. (1a) Upon compliance by the exercise holder of Warrants pursuant to and in compliance any Warrant Certificate with the provisions of Section 3.2 3.2, and subject to Section 3.3 and Section 3.4, the Common Shares to be issued pursuant to the Warrants exercised subscribed for 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 as on the Exercise Date unless the transfer registers of the Exercise Date, unless the registers Company shall be closed on such date, in which case the Common Shares subscribed for shall be deemed to have been issued issued, and such person or persons deemed to have become the holder or holders of record of such Common Shares, on the date on which such transfer registers are reopened.

Appears in 1 contract

Samples: Warrant Indenture (Spectrum Signal Processing Inc)

Effect of Exercise of Warrants. (1a) Upon the exercise of Warrants pursuant to and in compliance with Section 3.2 3.1 and subject to Section 3.3 and Section 3.43.5, the Common Shares to be issued pursuant to the Warrants exercised 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 as on the Exercise Date unless the transfer registers of the Exercise Date, unless the registers Corporation shall be closed on such date, in which case the Common Shares subscribed for issued upon the exercise of any Warrants shall be deemed to have been issued and such person or persons deemed to have become the holder or holders of record of such Common Shares, on the date on which such transfer registers are reopened.

Appears in 1 contract

Samples: Warrant Indenture (Oncolytics Biotech Inc)

Effect of Exercise of Warrants. (1) a. Upon the exercise of Warrants pursuant to and in compliance with Section 3.2 3.1 and subject to Section 3.3 and Section 3.43.3, the Common Shares to be issued pursuant to the Warrants exercised 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 as on the Exercise Date unless the transfer registers of the Exercise Date, unless the registers Corporation shall be closed on such date, in which case the Common Shares subscribed for shall be deemed to have been issued and such person or persons deemed to have become the holder or holders of record of such Common Shares, on the date on which such transfer registers are reopened.

Appears in 1 contract

Samples: Challenger Energy Corp

Effect of Exercise of Warrants. (1a) Upon compliance by the exercise holder of Warrants pursuant to and in compliance any Warrant Certificate with Section 3.2 the provisions of section 3.1, and subject to Section 3.3 and Section section 3.4, the Common Shares to be issued pursuant to the Warrants exercised subscribed for 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 as on the Exercise Date unless the transfer registers of the Exercise Date, unless the registers Corporation shall be closed on such date, in which case the Common Shares subscribed for shall be deemed to have been issued issued, and such person or persons deemed to have become the holder or holders of record of such Common Shares, on the date on which such transfer registers are reopenedre-opened.

Appears in 1 contract

Samples: Warrant Indenture (NiMin Energy Corp.)

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