Events on Termination. If a Termination Event occurs: (a) the Corporation shall forthwith notify the Subscription Receipt Agent thereof in writing; (b) each Subscription Receipt shall be automatically terminated and cancelled and the Investor shall be entitled from and after the date falling three (3) Business Days after the Termination Date to payment of the Escrowed Funds; and (c) the Subscription Receipt Agent shall make the payment contemplated by Section 5.4 hereof.
Appears in 5 contracts
Samples: Master Purchase Agreement (1397468 B.C. Ltd.), Master Purchase Agreement (1397468 B.C. Ltd.), Master Purchase Agreement (1397468 B.C. Ltd.)
