Common use of Exercise Instructions Clause in Contracts

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCo. To cause the exercise of the Exchange Right by Trustee, the Beneficiary shall deliver to Trustee, in person or by certified or registered mail, at its principal corporate trust office in Vancouver, British Columbia or at such other places in Canada as Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which such Beneficiary desires Parent to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws and the constating documents of ExchangeCo and such additional documents and instruments as Trustee, Parent or ExchangeCo may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs Trustee to exercise the Exchange Right so as to require Parent to purchase from the Beneficiary the number of Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing Parent Common Shares issuable in connection with the exercise of the Exchange Right are to be issued, and (iv) the names and addresses of the Persons to whom such new certificates should be delivered; and (b) payment (or evidence satisfactory to Trustee, ExchangeCo and Parent of payment) of the taxes (if any) payable as contemplated by Section 5.8 of this Agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to Trustee are to be purchased by Parent under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCo.

Appears in 6 contracts

Samples: Trust Agreement, Voting and Exchange Trust Agreement (Future Energy Corp.), Voting Agreement (Future Energy Corp.)

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Exercise Instructions. Subject to the terms and conditions herein set forthforth herein, a Beneficiary Shareholder shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct Trustee to exercise the Insolvency Exchange Right with respect to all or any part of the Exchangeable Non-Voting Shares registered in the name of such Beneficiary Shareholder on the books of ExchangeCothe Purchaser. To cause the exercise of the Insolvency Exchange Right by TrusteeRight, the Beneficiary Shareholder shall deliver to Trusteethe Parent, in person or by certified or registered mail, at its principal corporate trust office in Vancouver, British Columbia or at such other places in Canada as Trustee may from time to time designate by written notice to the Beneficiaries, mail the certificates representing the Exchangeable Non-Voting Shares which such Beneficiary Shareholder desires the Parent to purchase, duly endorsed in blank for transferblank, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Non-Voting Shares under applicable laws the Company Act (British Columbia), and the constating documents articles of ExchangeCo the Purchaser and such additional documents and instruments as Trustee, the Parent or ExchangeCo may reasonably require together with (a) a duly completed form of notice of exercise of the Insolvency Exchange Right, contained on the reverse of or attached to the Exchangeable Non-Voting Share certificates, stating (i) that the Beneficiary thereby instructs Trustee Shareholder elects to exercise the Insolvency Exchange Right so as to require the Parent to purchase from the Beneficiary Shareholder the number of Exchangeable Non-Voting Shares specified therein, (ii) that such Beneficiary Shareholder has good title to and owns all such Exchangeable Non-Voting Shares to be acquired by Parent free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names name in which the certificates representing Parent Common Shares issuable deliverable in connection with the exercise of the Insolvency Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; , and (b) payment (or evidence satisfactory to Trustee, ExchangeCo the Purchaser and the Parent of payment) of the taxes (if any) payable as contemplated by Section 5.8 4.7 of this Agreement. If only a part of the Exchangeable Non-Voting Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by the Parent under the Insolvency Exchange Right, a new certificate for the balance of such Exchangeable Non-Voting Shares shall be issued to the holder Shareholder at the expense of ExchangeCothe Purchaser.

Appears in 5 contracts

Samples: Share Exchange and Share Purchase Agreement (Actionview International Inc), Exchange and Voting Agreement (Speechlink Communications Corp), Share Exchange and Share Purchase Agreement (Sierra Gigante Resources Inc)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCoExchangeco. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office office(s) in VancouverToronto, British Columbia Ontario or Calgary, Alberta or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which such Beneficiary desires Parent US Gold or Callco to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable the ABCA, the by-laws and the constating documents of ExchangeCo Exchangeco and such additional documents and instruments as Trustee, Parent the Trustee or ExchangeCo Exchangeco may reasonably require together with with: (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent US Gold or Callco to purchase from the Beneficiary the number of Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent US Gold or Callco free and clear of all liens, claims, security interests, adverse claims interests and encumbrances, (iii) the names in which the certificates representing Parent shares of US Gold Common Shares Stock issuable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo Exchangeco and Parent US Gold of payment) of the taxes Taxes (if any) payable as contemplated by Section 5.8 of this Agreement. If only a part portion of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent US Gold or Callco under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCoExchangeco.

Appears in 4 contracts

Samples: Voting and Exchange Trust Agreement (U S Gold Corp), Voting and Exchange Trust Agreement (U S Gold Corp), Arrangement Agreement (U S Gold Corp)

Exercise Instructions. Subject to the terms and conditions herein set forthforth herein, a Beneficiary Shareholder shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Insolvency Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary Shareholder on the books of ExchangeCoExchangeco. To cause the exercise of the Insolvency Exchange Right by the Trustee, the Beneficiary Shareholder shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in Vancouver, British Columbia or at such other places in Canada as Trustee may from time to time designate by written notice to the Beneficiaries, mail the certificates representing the Exchangeable Shares which such Beneficiary Shareholder desires Parent Patch to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under the laws applicable laws to Exchangeco and the constating documents articles and by-laws of ExchangeCo Exchangeco and such additional documents and instruments as Trustee, Parent or ExchangeCo the Trustee may reasonably require together with with: (a) a duly completed form of notice of exercise of the Insolvency Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating stating: (i) that the Beneficiary Shareholder thereby instructs the Trustee to exercise the Insolvency Exchange Right so as to require Parent Patch to purchase from the Beneficiary Shareholder the number of Exchangeable Shares specified therein, ; (ii) that such Beneficiary Shareholder has good title to and owns all such Exchangeable Shares to be acquired by Parent Patch free and clear of all liens, claims, security interests, adverse claims and encumbrances, ; (iii) the names name in which the certificates representing Parent Common Patch Shares issuable to be issued in connection with the exercise of the Insolvency Exchange Right are to be issued, ; and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; , and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo Exchangeco and Parent Patch of payment) of the taxes (if any) payable as contemplated by Section 5.8 section 4.7 of this Agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent Patch under the Insolvency Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder Shareholder at the expense of ExchangeCoExchangeco.

Appears in 4 contracts

Samples: Share Exchange Agreement (Patch International Inc/Cn), Exchange and Voting Trust Agreement (Patch International Inc/Cn), Exchange and Voting Trust Agreement (Patch International Inc/Cn)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary Holder shall be entitled, upon the occurrence and during the continuance of an Exchangeco Insolvency Event, to instruct Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary Holder on the books of ExchangeCoExchangeco. To cause the exercise of the Exchange Right by TrusteeRight, the Beneficiary Holder shall deliver to TrusteeMEC, in person or by certified or registered mail, [at its principal corporate trust office in VancouverToronto, British Columbia Ontario] or at such other place or places in Canada or the United States as Trustee MEC may from time to time designate by written notice to the BeneficiariesHolders, the certificates representing the Exchangeable Shares which such Beneficiary Holder desires Parent MEC to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the OBCA and the constating documents by-laws of ExchangeCo Exchangeco and such additional documents and instruments as Trustee, Parent MEC or ExchangeCo Exchangeco may reasonably require together with with: (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating stating: (i) that the Beneficiary Holder thereby instructs Trustee to exercise exercises the Exchange Right so as to require Parent MEC to purchase from the Beneficiary Holder the number of Exchangeable Shares specified therein, ; (ii) that such Beneficiary Holder has good title to and owns all such Exchangeable Shares to be acquired by Parent MEC free and clear of all liens, claims, security interests, adverse claims and encumbrances, ; (iii) the names in which the certificates representing Parent Common MEC Class A Shares issuable in connection with the exercise of the Exchange Right are to be issued, ; and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; and (b) payment (or evidence satisfactory to Trustee, ExchangeCo Exchangeco and Parent MEC of payment) of the taxes (if any) payable as contemplated by Section 5.8 section 3.7 of this Agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to Trustee Magna are to be purchased by Parent MEC under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCoExchangeco.

Appears in 3 contracts

Samples: Voting and Exchange Agreement (Magna Entertainment Corp), Voting and Exchange Agreement (Magna Entertainment Corp), Voting and Exchange Agreement (Magna Entertainment Corp)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitledentitled , upon the occurrence and during the continuance of an Insolvency Event, to instruct Trustee the Agent to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCoExchangeco. To cause the exercise of the Exchange Right by Trusteethe Agent, the Beneficiary shall deliver to Trusteethe Agent, in person or by certified or registered mail, at its principal corporate trust office in VancouverToronto, British Columbia Ontario or at such other places in Canada as Trustee the Agent may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which such Beneficiary desires Parent to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable the Business Corporations Act (Ontario)and the articles and by-laws and the constating documents of ExchangeCo Exchangeco and such additional documents and instruments as Trustee, Parent or ExchangeCo the Agent may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs Trustee the Agent to exercise the Exchange Right so as to require Parent to purchase from the Beneficiary the number of Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing Parent Common Shares issuable in connection with the exercise of the Exchange Right are to be issued, and (iv) the names and addresses of the Persons persons to whom such new Parent Common Share certificates should be delivered; , and (bv) payment (or evidence satisfactory to Trusteethe Agent, ExchangeCo Exchangeco and Parent of payment) of the taxes (if any) payable as contemplated by Section section 5.8 of this Agreement. If only a part portion of the Exchangeable Shares represented by any certificate or certificates delivered to Trustee the Agent are to be purchased by Parent under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCoExchangeco.

Appears in 3 contracts

Samples: Voting and Exchange Agency Agreement (Ideal Accents Inc), Voting and Exchange Agency Agreement (Ideal Accents Inc), Voting and Exchange Agency Agreement (Medinex Systems Inc)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary Non-Affiliated Holder shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary holder on the books of ExchangeCoAmalco. To cause the exercise of the Exchange Right by TrusteeRight, the Beneficiary Non-Affiliated Holder shall deliver to TrusteeAmalco, in person or by certified or registered mail, at its principal corporate trust office in Vancouverregistered office, British Columbia or at such other places in Canada as Trustee Amalco may from time to time designate by written notice to the BeneficiariesNon-Affiliated Holders, the certificates representing the Exchangeable Shares which such Beneficiary the holder desires Parent Callco to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the Act and the constating documents articles and by-laws of ExchangeCo Amalco and such additional documents and instruments as Trustee, Parent or ExchangeCo Amalco may reasonably require together with with: (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary holder thereby instructs Trustee to exercise exercises the Exchange Right so as to require Parent Callco to purchase from the Beneficiary holder the number of Exchangeable Shares specified therein, (ii) that such Beneficiary holder has good title to and owns all such Exchangeable Shares to be acquired by Parent Callco free and clear of all liens, claims, security interests, adverse claims interests and encumbrances, (iii) the names in which the certificates representing Parent Paid US Common Shares Stock and Paid US Preferred Stock issuable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; and (b) payment (or evidence satisfactory to TrusteeAmalco, ExchangeCo Callco and Parent Paid of payment) of the taxes Taxes (if any) payable as contemplated by Section 5.8 2.8 of this Agreement. If only a part portion of the Exchangeable Shares represented by any certificate or certificates delivered to Trustee Amalco are to be purchased by Parent Callco under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCoAmalco. In the event of any failure or refusal of Callco to do so, for any reason, the holder may exercise such rights by delivering a notice of exercise to like affect to Paid.

Appears in 2 contracts

Samples: Amalgamation Agreement (Paid Inc), Exchange and Call Rights Agreement (Paid Inc)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books register of ExchangeCoholders of Exchangeable Shares maintained by the registrar and transfer agent. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in VancouverToronto, British Columbia Ontario or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which such Beneficiary desires Parent WSI to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the OBCA and the constating documents articles and by-laws of ExchangeCo CERI and such additional documents and instruments as the Trustee, Parent or ExchangeCo CERI and WSI may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent WSI to purchase from the Beneficiary the number of Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent WSI free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing Parent WSI Common Shares issuable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; delivered and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo CERI and Parent WSI of payment) of the taxes (if any) payable as contemplated by Section 5.8 of this Agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent WSI under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCoCERI.

Appears in 2 contracts

Samples: Voting and Exchange Trust Agreement (Capital Environmental Resource Inc), Voting and Exchange Trust Agreement (Waste Services, Inc.)

Exercise Instructions. Subject to the terms and conditions herein set forthforth herein, a Beneficiary Shareholder shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Insolvency Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary Shareholder on the books of ExchangeCothe Purchaser. To cause the exercise of the Insolvency Exchange Right by the Trustee, the Beneficiary Shareholder shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in Vancouver, British Columbia or at such other places in Canada as Trustee may from time to time designate by written notice to the Beneficiaries, mail the certificates representing the Exchangeable Shares which such Beneficiary Shareholder desires the Parent to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under the laws applicable laws to the Purchaser and the constating documents articles and by-laws of ExchangeCo the Purchaser and such additional documents and instruments as Trustee, Parent or ExchangeCo the Trustee may reasonably require together with with: (a) a duly completed form of notice of exercise of the Insolvency Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating stating: (i) that the Beneficiary Shareholder thereby instructs the Trustee to exercise the Insolvency Exchange Right so as to require the Parent to purchase from the Beneficiary Shareholder the number of Exchangeable Shares specified therein, ; (ii) that such Beneficiary Shareholder has good title to and owns all such Exchangeable Shares to be acquired by Parent free and clear of all liens, claims, security interests, adverse claims and encumbrances, ; (iii) the names name in which the certificates representing Parent Common Shares issuable to be issued or transferred in connection with the exercise of the Insolvency Exchange Right are to be issued, ; and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; , and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo the Purchaser and the Parent of payment) of the taxes (if any) payable as contemplated by Section 5.8 section 4.7 of this Agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by the Parent under the Insolvency Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder Shareholder at the expense of ExchangeCothe Purchaser.

Appears in 2 contracts

Samples: Share Exchange Agreement (Big Flash Corp), Share Exchange Agreement (Big Flash Corp)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCoNewco Canada Exchangeco. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in Vancouver, British Columbia Montreal or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates certificates, if any, representing the Exchangeable Shares which such Beneficiary desires Parent Newco Canada to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws and the constating documents of ExchangeCo and such additional documents and instruments as the Trustee, Parent Newco Canada Exchangeco, Spinco or ExchangeCo Newco Canada may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached Right in form and substance satisfactory to the Exchangeable Share certificatesTrustee, Spinco, Newco Canada and Newco Canada Exchangeco, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent Newco Canada to purchase from the Beneficiary the number of Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent Newco Canada, free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing Parent shares of Spinco Common Shares Stock issuable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates shares of Spinco Common Stock should be delivered; delivered and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo Newco Canada Exchangeco, Newco Canada and Parent Spinco of payment) of the taxes (if any) payable as contemplated by Section section 5.8 of this Agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to Trustee are to be purchased by Parent Newco Canada under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCoNewco Canada Exchangeco either by a new certificate or through the direct registration system.

Appears in 2 contracts

Samples: Transaction Agreement (Domtar CORP), Transaction Agreement (Weyerhaeuser Co)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an a Company Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCoSMTC Canada. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in VancouverToronto, British Columbia Ontario, or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which such Beneficiary desires Parent SMTC to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the Business Corporations Act (Ontario) and the constating documents articles and bylaws of ExchangeCo SMTC Canada and such additional documents and instruments as the Trustee, Parent SMTC or ExchangeCo SMTC Canada may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent SMTC to purchase from the Beneficiary the number of Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent SMTC free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the name or names in which the certificates representing Parent shares of SMTC Common Shares Stock issuable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo SMTC Canada and Parent SMTC of payment) of the taxes (if any) payable as contemplated by Section 5.8 of this Agreement5.8. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent SMTC under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCoSMTC Canada.

Appears in 2 contracts

Samples: Voting and Exchange Trust Agreement (SMTC Corp), SMTC Corp

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCothe Corporation. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in VancouverCalgary, British Columbia Alberta or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which such Beneficiary desires Parent Acquiror to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the ABCA and the constating documents by-laws of ExchangeCo the Corporation and such additional documents and instruments as the Trustee, Parent or ExchangeCo the Corporation and Acquiror may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent Acquiror to purchase from the Beneficiary the number of Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent Acquiror free and clear of all liens, claims, security interests, adverse claims interests and encumbrances, (iii) the names in which the certificates representing Parent Common Acquiror Shares issuable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; , and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo the Corporation and Parent Acquiror of payment) of the taxes (if any) payable as contemplated by Section 5.8 of this Agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent Acquiror under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCothe Corporation.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Surge Global Energy, Inc.), Voting and Exchange Trust Agreement (Surge Global Energy, Inc.)

Exercise Instructions. Subject to the terms and conditions herein set forthforth herein, a Beneficiary shall be entitled, entitled upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCoCanco. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in Vancouver, British Columbia or at such other places in Canada place as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which such Beneficiary desires Parent RG to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws and the constating documents of ExchangeCo and such additional documents and instruments as Trustee, Parent or ExchangeCo RG and Canco may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent RG to purchase from the Beneficiary the number of Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent RG free and clear of all liens, claims, security interests, adverse claims interests and encumbrances, (iii) the names in which the certificates representing Parent Common RG Shares issuable in connection with the exercise of the Exchange Right are to be issued, and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; , and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo RG and Parent Canco of payment) of the taxes (if any) payable as contemplated by Section 5.8 5.7 of this Agreementagreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent RG under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCoCanco.

Appears in 2 contracts

Samples: Arrangement Agreement (Royal Gold Inc), Arrangement Agreement (International Royalty Corp)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCoCanadian Sub. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in VancouverToronto, British Columbia Ontario, or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which such Beneficiary desires Parent to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the OBCA and the constating documents by-laws of ExchangeCo Canadian Sub and such additional documents and instruments as the Trustee, Canadian Sub and Parent or ExchangeCo may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent to purchase from the Beneficiary the number of Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent free and clear of all liens, claims, security interests, adverse claims and encumbrances, security interests or adverse claims, except as contemplated by the Shareholder Agreements, (iii) the names in which the certificates representing shares of Parent Common Shares Stock issuable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; delivered and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo Canadian Sub and Parent of payment) of the taxes (if any) payable as contemplated by Section 5.8 of this Agreement5.8. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCoCanadian Sub.

Appears in 2 contracts

Samples: Voting and Exchange Trust Agreement (Stifel Financial Corp), Voting and Exchange Trust Agreement (Thomas Weisel Partners Group, Inc.)

Exercise Instructions. Subject to the terms and conditions herein set forthforth herein, a Beneficiary shall be entitled, entitled upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCothe Corporation. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in Vancouver, British Columbia Toronto or at such other places in Canada place as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which such Beneficiary desires Parent Bionik US to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the Trustee, Bionik US and the constating documents of ExchangeCo and such additional documents and instruments as Trustee, Parent or ExchangeCo Corporation may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent Bionik US to purchase from the Beneficiary the number of Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent Bionik US free and clear of all liens, claims, security interests, adverse claims and encumbrancesLiens, (iii) the names in which the certificates representing Parent Common Bionik US Shares issuable in connection with the exercise of the Exchange Right are to be issued, and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; , and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo Bionik US and Parent the Corporation of payment) of the taxes (if any) payable as contemplated by Section 5.8 5.7 of this Agreementagreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent Bionik US under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCothe Corporation. For avoidance of doubt, no Beneficiary shall have any right to have Bionik US purchase less than one whole Exchangeable Share under the Exchange Right.

Appears in 2 contracts

Samples: Voting and Exchange Trust Agreement, Voting and Exchange Trust Agreement (Bionik Laboratories Corp.)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCo. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in Vancouver, British Columbia or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which such Beneficiary desires Parent to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the CBCA and the constating documents by-laws of ExchangeCo and such additional documents and instruments as the Trustee, Parent or ExchangeCo may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent to purchase from the Beneficiary the number of Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing Parent Common Shares issuable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons to whom such new certificates should be delivered; delivered and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo and Parent of payment) of the taxes (if any) payable as contemplated by Section 5.8 of this Agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCo.

Appears in 2 contracts

Samples: Form of Voting and Exchange Trust Agreement (Counterpath Solutions, Inc.), Arrangement Agreement (Counterpath Solutions, Inc.)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCo. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in VancouverCalgary, British Columbia Alberta or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which such Beneficiary desires Parent Acquiror to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the ABCA and the constating documents by-laws of ExchangeCo and such additional documents and instruments as the Trustee, Parent or ExchangeCo and Acquiror may reasonably require together with with: (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating stating: (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent Acquiror to purchase from the Beneficiary the number of Exchangeable Shares specified therein, : (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent Acquiror free and clear of all liens, claims, security interests, adverse claims interests and encumbrances, ; (iii) the names in which the certificates representing Parent Acquiror Common Shares issuable in connection with the exercise of the Exchange Right are to be issued, ; and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo and Parent Acquiror of payment) of the taxes (if any) payable as contemplated by Section 5.8 of this Agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent Acquiror under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCo.

Appears in 2 contracts

Samples: Arrangement Agreement (Gran Tierra Energy, Inc.), Voting and Exchange Trust Agreement (Gran Tierra Energy, Inc.)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCoExchangeco. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in VancouverToronto, British Columbia Ontario or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which such Beneficiary desires Parent Fenix to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the Act and the constating documents by-laws of ExchangeCo Exchangeco and such additional documents and instruments as the Trustee, Parent or ExchangeCo Exchangeco and Fenix may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent Fenix to purchase from the Beneficiary the number of Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent Fenix free and clear of all liens, hypothecs, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing Parent Common Shares shares of Fenix Stock issuable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; delivered and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo Exchangeco and Parent Fenix of payment) of the taxes (if any) payable as contemplated by Section section 5.8 of this Agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent Fenix under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCoExchangeco.

Appears in 2 contracts

Samples: Combination Agreement (Fenix Parts, Inc.), Combination Agreement (Fenix Parts, Inc.)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCo. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in VancouverCalgary, British Columbia Alberta or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which such Beneficiary desires Parent Acquiror to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the ABCA and the constating documents by-laws of ExchangeCo and such additional documents and instruments as the Trustee, Parent or ExchangeCo and Acquiror may reasonably require together with with: (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating stating: (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent Acquiror to purchase from the Beneficiary the number of Exchangeable Shares specified therein, ; (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent Acquiror free and clear of all liens, claims, security interests, adverse claims interests and encumbrances, ; (iii) the names in which the certificates representing Parent Common Acquiror Shares issuable in connection with the exercise of the Exchange Right are to be issued, ; and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo and Parent Acquiror of payment) of the taxes (if any) payable as contemplated by Section 5.8 of this Agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent Acquiror under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCo.

Appears in 2 contracts

Samples: Voting and Exchange Trust Agreement (Magnum Hunter Resources Corp), Arrangement Agreement (Magnum Hunter Resources Corp)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCoExchangeco. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in Vancouver, British Columbia [Montreal] or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which such Beneficiary desires Parent Coors to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the Act and the constating documents by-laws of ExchangeCo Exchangeco and such additional documents and instruments as the Trustee, Parent or ExchangeCo Exchangeco and Coors may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent Coors to purchase from the Beneficiary the number of Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent Coors free and clear of all liens, claimshypothecs, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing Parent Shares of Coors Common Shares Stock issuable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; delivered and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo Exchangeco and Parent Coors of payment) of the taxes (if any) payable as contemplated by Section section 5.8 of this Agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent Coors under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCoExchangeco.

Appears in 2 contracts

Samples: Combination Agreement (Coors Adolph Co), Combination Agreement (Coors Adolph Co)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary the Holder shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary the Holder on the books of ExchangeCothe Corporation. To cause the exercise of the Exchange Right by TrusteeRight, the Beneficiary Holder shall deliver to Trusteethe Corporation, in person or by certified or registered mail, at its principal corporate trust office in Vancouver, British Columbia or at such other places in Canada as Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which such Beneficiary the Holder desires the Parent to purchase, duly endorsed in blank for transferblank, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the Business Corporations Act (Ontario) and the constating documents by-laws of ExchangeCo the Corporation and such additional documents and instruments as Trustee, the Parent or ExchangeCo may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs Trustee to exercise Holder requires the Exchange Right so as to require Parent to purchase from the Beneficiary Holder the number of Exchangeable Shares specified therein, (ii) that such Beneficiary the Holder has good title to and owns all such Exchangeable Shares to be acquired by the Parent free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing the Parent Common Shares issuable deliverable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; delivered and (b) payment (or evidence satisfactory to Trustee, ExchangeCo the the Corporation and the Parent of payment) of the taxes (if any) payable as contemplated by Section 5.8 section 4.7 of this Agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to Trustee are the Corporation is to be purchased by the Parent under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCothe Corporation.

Appears in 2 contracts

Samples: Voting and Exchange Agreement (Caldera Corp /Fl/), Voting and Exchange Agreement (Caldera Corp /Fl/)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCoExchangeco. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in Vancouver, British Columbia Calgary or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates certificates, if any, representing the Exchangeable Shares which such Beneficiary desires Parent Lululemon to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws and the constating documents of ExchangeCo and such additional documents and instruments as the Trustee, Parent Exchangeco or ExchangeCo Lululemon may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached Right in form and substance satisfactory to the Exchangeable Share certificatesTrustee, Lululemon and Exchangeco, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent Lululemon to purchase from the Beneficiary the number of Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent Lululemon, free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing Parent Lululemon Common Shares issuable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates Lululemon Common Shares should be delivered; delivered and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo Exchangeco, and Parent Lululemon of payment) of the taxes (if any) payable as contemplated by Section 5.8 3.8 of this Agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to Trustee are to be purchased by Parent Lululemon under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCoExchangeco either by a new certificate or through the direct registration system.

Appears in 2 contracts

Samples: Exchange Trust Agreement (Lululemon Athletica Inc.), Exchange Trust Agreement (Lululemon Athletica Inc.)

Exercise Instructions. Subject to the terms and conditions herein set forthforth herein, a Beneficiary shall be entitled, entitled upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCoCanco. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in Vancouver, British Columbia Calgary or at such other places in Canada place as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which such Beneficiary desires Parent RG to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws and the constating documents of ExchangeCo and such additional documents and instruments as Trustee, Parent or ExchangeCo RG and Canco may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent RG to purchase from the Beneficiary the number of Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent RG free and clear of all liens, claims, security interests, adverse claims interests and encumbrances, (iii) the names in which the certificates representing Parent Common RG Shares issuable in connection with the exercise of the Exchange Right are to be issued, and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; , and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo RG and Parent Canco of payment) of the taxes (if any) payable as contemplated by Section 5.8 5.7 of this Agreementagreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent RG under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCoCanco.

Appears in 2 contracts

Samples: Voting and Exchange Trust Agreement (Royal Gold Inc), Arrangement Agreement (Royal Gold Inc)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Spectra Energy Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Spectra Energy Exchange Right with respect to all or any part of the Spectra Energy Exchangeable Shares registered in the name of such Spectra Energy Beneficiary on the books of ExchangeCoExchangeco. To cause the exercise of the Spectra Energy Exchange Right by the Trustee, the Spectra Energy Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in VancouverGolden, British Columbia Colorado or at such other places in Canada as the Trustee may from time to time designate by written notice to the Spectra Energy Beneficiaries, the certificates representing the Spectra Energy Exchangeable Shares which such Spectra Energy Beneficiary desires Parent Spectra Energy to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Spectra Energy Exchangeable Shares under applicable laws the CBCA and the constating documents by-laws of ExchangeCo Exchangeco and such additional documents and instruments as the Trustee, Parent or ExchangeCo Exchangeco and Spectra Energy may reasonably require together with (a) a duly completed form of notice of exercise of the Spectra Energy Exchange Right, contained on the reverse of or attached to the Spectra Energy Exchangeable Share certificates, stating (i) that the Spectra Energy Beneficiary thereby instructs the Trustee to exercise the Spectra Energy Exchange Right so as to require Parent Spectra Energy to purchase from the Spectra Energy Beneficiary the number of Spectra Energy Exchangeable Shares specified therein, (ii) that such Spectra Energy Beneficiary has good title to and owns all such Spectra Energy Exchangeable Shares to be acquired by Parent Spectra Energy free and clear of all liens, claims, security interests, adverse claims interests and encumbrances, (iii) the names in which the certificates representing Parent Spectra Energy Common Shares issuable in connection with the exercise of the Spectra Energy Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; , and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo Exchangeco and Parent Spectra Energy of payment) of the taxes (if any) payable as contemplated by Section 5.8 of this Agreement. If only a part of the Spectra Energy Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent Spectra Energy under the Spectra Energy Exchange Right, a new certificate for the balance of such Spectra Energy Exchangeable Shares shall be issued to the holder at the expense of ExchangeCoExchangeco.

Appears in 1 contract

Samples: Spectra Energy Voting and Exchange Trust Agreement (Spectra Energy Corp.)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary the Exchangeable Shareholder shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary Exchangeable Shareholder on the books of ExchangeCothe Corporation. To cause the exercise of the Exchange Right by TrusteeRight, the Beneficiary Exchangeable Shareholder shall deliver to TrusteeParent, in person or by certified or registered mail, at its principal corporate trust office in VancouverWoodland Hills, British Columbia California or at such other places in Canada as Trustee Parent may from time to time designate by written notice to the BeneficiariesExchangeable Shareholder, the certificates representing the Exchangeable Shares which such Beneficiary Exchangeable Shareholder desires Parent to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required necessary or advisable to effect a transfer of Exchangeable Shares under applicable laws and the constating documents of ExchangeCo and such additional documents and instruments as Trustee, Parent or ExchangeCo may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs Trustee to exercise Exchangeable Shareholder hereby exercises the Exchange Right so as to require Parent to purchase from the Beneficiary Exchangeable Shareholder the number of Exchangeable Shares specified therein, (ii) that such Beneficiary the Exchangeable Shareholder has good title to and owns all such Exchangeable Shares to be acquired by Parent free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing Parent Common Shares issuable in connection with the exercise of the Exchange Right are to be issued, and (iv) the names and addresses of the Persons to whom such new certificates should be delivered; delivered and (b) payment (or evidence satisfactory to Trustee, ExchangeCo the Corporation and Parent of payment) of the taxes (if any) payable as contemplated by Section 5.8 section 3.7 of this Agreementexchange agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to Trustee Parent are to be purchased by Parent under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCothe Corporation.

Appears in 1 contract

Samples: Exchange Agreement (Nexsan Corp)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCoVivendi Universal Exchangeco. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in Vancouver, British Columbia Toronto or at such other places in 7 Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which that such Beneficiary desires Parent Vivendi to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the governing statute and the constating documents by-laws of ExchangeCo Vivendi Universal Exchangeco and such additional documents and instruments as the Trustee, Parent or ExchangeCo Vivendi Universal Exchangeco and Vivendi may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent Vivendi to purchase from the Beneficiary the number of Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent Vivendi free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing Parent Common Shares issuable Vivendi ADSs transferable in connection with the exercise of the Exchange Right are to be issued, registered and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; delivered (and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo Vivendi Universal Exchangeco and Parent Vivendi of payment) of the taxes (if any) payable as contemplated by Section 5.8 of this Agreementsection 4.8.). If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent Vivendi under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCoVivendi Universal Exchangeco.

Appears in 1 contract

Samples: Exchange Trust Agreement (Vivendi)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary Non-Affiliated Holder shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary Non-Affiliated Holder on the books of ExchangeCothe Company. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary Non-Affiliated Holder shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in Vancouver, British Columbia or at such other places in Canada as the Trustee may from time to time designate by written notice to the BeneficiariesNon-Affiliated Holders, the certificates representing the Exchangeable Shares which such Beneficiary Non-Affiliated Holder desires the Parent to purchase, duly endorsed in blank for transferblank, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws and the constating documents of ExchangeCo Company Act, a No Transfer Declaration and such additional documents and instruments as Trustee, Parent the Trustee or ExchangeCo the Company may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary Non-Affiliated Holder thereby instructs the Trustee to exercise the Exchange Right so as to require the Parent or Holdco to purchase from the Beneficiary Non-Affiliated Holder the number of Exchangeable Shares specified therein, (ii) that such Beneficiary Non-Affiliated Holder has good title to and owns all such Exchangeable Shares to be acquired by the Parent or Holdco free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing Parent Common Shares issuable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; delivered and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo the Company and the Parent of payment) of the taxes (if any) payable as contemplated by Section 5.8 of this Trust Agreement. If only a part portion of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by the Parent or Holdco under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCothe Company.

Appears in 1 contract

Samples: Exchange Trust Agreement (Cr Resorts Capital S De R L De C V)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCoExchangeco. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in Vancouver, British Columbia or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which such Beneficiary desires Parent Redback to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the Company Act and the constating documents articles of ExchangeCo Exchangeco and such additional documents and instruments as the Trustee, Parent Redback or ExchangeCo Exchangeco may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent Redback to purchase from the Beneficiary the number of Exchangeable Shares specified therein, (ii) that such the Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent Redback free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing Parent Redback Common Shares issuable in connection with the exercise of the Exchange Right are to be issued, and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; delivered and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo Exchangeco and Parent Redback of payment) of the taxes (if any) payable as contemplated by Section 5.8 3.8 of this Agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent Redback under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCoExchangeco.

Appears in 1 contract

Samples: Arrangement Agreement (Redback Networks Inc)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCoVivendi Universal Exchangeco. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in Vancouver, British Columbia Toronto or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which that such Beneficiary desires Parent Vivendi to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the governing statute and the constating documents by-laws of ExchangeCo Vivendi Universal Exchangeco and such additional documents and instruments as the Trustee, Parent or ExchangeCo Vivendi Universal Exchangeco and Vivendi may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent Vivendi to purchase from the Beneficiary the number of Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent Vivendi free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing Parent Common Shares issuable Vivendi ADSs transferable in connection with the exercise of the Exchange Right are to be issued, and (iv) the names and addresses of the Persons to whom such new certificates should be delivered; and (b) payment (or evidence satisfactory to Trustee, ExchangeCo and Parent of payment) of the taxes (if any) payable as contemplated by Section 5.8 of this Agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to Trustee are to be purchased by Parent under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCo.5 6

Appears in 1 contract

Samples: Agreement (Vivendi Universal)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCoCableshare. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in VancouverToronto, British Columbia Ontario or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which such Beneficiary desires Parent Source to purchase, duly endorsed in blank for transferblank, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the Business Corporations Act (Ontario) and the constating documents by-laws of ExchangeCo Cableshare and such additional documents and instruments as Trustee, Parent or ExchangeCo the Trustee may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent Source to purchase from the Beneficiary the number of Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent Source free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing Parent Source Common Shares issuable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; delivered and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo Cableshare and Parent Source of payment) of the taxes (if any) payable as contemplated by Section section 5.8 of this Agreementtrust agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent Source under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCo.Cableshare. 5.6

Appears in 1 contract

Samples: Trust Agreement (Source Media Inc)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCoPurchaser. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in VancouverCalgary, British Columbia Alberta or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which such Beneficiary desires Parent to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the Act and the constating documents by laws of ExchangeCo Purchaser and such additional documents and instruments as the Trustee, Purchaser and Parent or ExchangeCo may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent to purchase from the Beneficiary the number of Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent free and clear of all liens, claims, security interests, adverse claims interests and encumbrances, (iii) the names in which the certificates representing Parent Common Shares issuable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; , and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo Purchaser and Parent of payment) of the taxes (if any) payable as contemplated by Section 5.8 of this Agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCoPurchaser.

Appears in 1 contract

Samples: Voting Agreement (Ad.Venture Partners, Inc.)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCoVivendi Exchangeco. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in Vancouver, British Columbia Toronto or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which that such Beneficiary desires Parent Vivendi to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the governing statute and the constating documents by-laws of ExchangeCo Vivendi Exchangeco and such additional documents and instruments as the Trustee, Parent or ExchangeCo Vivendi Exchangeco and Vivendi may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent Vivendi to purchase from the Beneficiary the number of Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent Vivendi free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing Parent Common Shares issuable Vivendi ADSs transferable in connection with the exercise of the Exchange Right are to be issued, registered and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; delivered (and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo Vivendi Exchangeco and Parent Vivendi Holdings of payment) of the taxes (if any) payable as contemplated by Section 5.8 of this Agreementsection 4.8.). If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent Vivendi under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCoVivendi Exchangeco.

Appears in 1 contract

Samples: Trust Agreement (Seagram Co LTD)

Exercise Instructions. Subject to the terms and conditions herein set forthforth herein, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCoCanco. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in VancouverXxxxxxx, British Columbia Xxxxxxx, Xxxxxx or at such other places in Canada place as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which such Beneficiary desires Parent United Royale to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws and the constating documents of ExchangeCo and such additional documents and instruments as Trustee, Parent or ExchangeCo United Royale and Canco may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent United Royale to purchase from the Beneficiary the number of Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent United Royale free and clear of all liens, claims, security interests, adverse claims interests and encumbrances, (iii) the names in which the certificates representing Parent Common United Royale Shares issuable in connection with the exercise of the Exchange Right are to be issued, and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; , and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo United Royale and Parent Canco of payment) of the taxes (payable, if any) payable , as contemplated by Section 5.8 5.7 of this Agreementagreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent United Royale under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCoCanco.

Appears in 1 contract

Samples: Voting and Exchange Trust Agreement (United Royale Holdings Corp.)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct Trustee the Agent to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCoExchangeco. To cause the exercise of the Exchange Right by Trusteethe Agent, the Beneficiary shall deliver to Trusteethe Agent, in person or by certified or registered mail, at its principal corporate trust office in VancouverToronto, British Columbia Ontario or at such other places in Canada as Trustee the Agent may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which such Beneficiary desires Parent Apta to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the Business Corporations Act (New Brunswick) and the constating documents articles and by- laws of ExchangeCo Exchangeco and such additional documents and instruments as Trustee, Parent or ExchangeCo the Agent may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs Trustee the Agent to exercise the Exchange Right so as to require Parent Apta to purchase from the Beneficiary the number of Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent Apta free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing Parent Apta Common Shares issuable in connection with the exercise of the Exchange Right are to be issued, and (iv) the names and addresses of the Persons persons to whom such new Apta Common Share certificates should be delivered; , and (bv) payment (or evidence satisfactory to Trusteethe Agent, ExchangeCo Exchangeco and Parent Apta of payment) of the taxes (if any) payable as contemplated by Section section 5.8 of this Agreement. If only a part portion of the Exchangeable Shares represented by any certificate or certificates delivered to Trustee the Agent are to be purchased by Parent Apta under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCoExchangeco.

Appears in 1 contract

Samples: Voting and Exchange Agency Agreement (Apta Holdings Inc)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary Non-Affiliated Holder shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary Non-Affiliated Holder on the books of ExchangeCothe Corporation. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary Non-Affiliated Holder shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in VancouverMontreal, British Columbia Quebec or at such other places in Canada as the Trustee may from time to time designate by written notice to the BeneficiariesNon-Affiliated Holders, the certificates representing the Exchangeable Shares which such Beneficiary Non-Affiliated Holder desires Parent IBM (or, at the election of IBM, Holdco) to purchase, duly endorsed in blank for transferblank, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the CANADA BUSINESS CORPORATIONS ACT and the constating documents by-laws of ExchangeCo the Corporation and such additional documents and instruments as TrusteeIBM, Parent or ExchangeCo Holdco, the Trustee and the Corporation may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary Non-Affiliated Holder thereby instructs the Trustee to exercise the Exchange Right so as to require Parent IBM (or, at the election of IBM, Holdco) to purchase from the Beneficiary Non-Affiliated Holder the number of Exchangeable Shares specified therein, (ii) that such Beneficiary Non-Affiliated Holder has good title to and owns all such Exchangeable Shares to be acquired by Parent IBM or Holdco free and clear of all liens, claims, encumbrances, security interests, interests and adverse claims and encumbrancesclaims, (iii) the names in which the certificates representing Parent IBM Common Shares Stock issuable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; delivered and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo the Corporation, IBM and Parent Holdco of payment) of the taxes (if any) payable as contemplated by Section 5.8 4.8 of this Agreementtrust agreement. If only a part portion of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent IBM or Holdco under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCothe Corporation.

Appears in 1 contract

Samples: Exchange Trust Agreement (International Business Machines Corp)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCo. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in Vancouver, British Columbia __________ or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which such Beneficiary desires Parent FCE to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the ABCA and the constating documents by-laws of ExchangeCo and such additional documents and instruments as the Trustee, Parent or ExchangeCo and FCE may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent FCE to purchase from the Beneficiary the number of Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent FCE free and clear of all liens, claims, security interests, adverse claims interests and encumbrances, (iii) the names in which the certificates representing Parent shares of FCE Common Shares Stock issuable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; , and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo and Parent FCE of payment) of the taxes (if any) payable as contemplated by Section 5.8 of this Agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent FCE under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCo.

Appears in 1 contract

Samples: Combination Agreement (Fuelcell Energy Inc)

Exercise Instructions. Subject to the terms and conditions herein set forthforth herein, a Beneficiary Shareholder shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct Trustee to exercise the Insolvency Exchange Right with respect to all or any part of the Exchangeable Non-Voting Shares registered in the name of such Beneficiary Shareholder on the books of ExchangeCothe Purchaser. To cause the exercise of the Insolvency Exchange Right by TrusteeRight, the Beneficiary Shareholder shall deliver to Trusteethe Parent, in person or by certified or registered mail, at its principal corporate trust office in Vancouver, British Columbia or at such other places in Canada as Trustee may from time to time designate by written notice to the Beneficiaries, mail the certificates representing the Exchangeable Non-Voting Shares which such Beneficiary Shareholder desires the Parent to purchase, duly endorsed in blank for transferblank, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Non-Voting Shares under applicable laws the Company Act (Nova Scotia), and the constating documents articles of ExchangeCo the Purchaser and such additional documents and instruments as Trustee, the Parent or ExchangeCo may reasonably require together with (a) a duly completed form of notice of exercise of the Insolvency Exchange Right, contained on the reverse of or attached to the Exchangeable Non-Voting Share certificates, stating (i) that the Beneficiary thereby instructs Trustee Shareholder elects to exercise the Insolvency Exchange Right so as to require the Parent to purchase from the Beneficiary Shareholder the number of Exchangeable Non-Voting Shares specified therein, (ii) that such Beneficiary Shareholder has good title to and owns all such Exchangeable Non-Voting Shares to be acquired by Parent free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names name in which the certificates representing Parent Common Shares issuable deliverable in connection with the exercise of the Insolvency Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; , and (b) payment (or evidence satisfactory to Trustee, ExchangeCo the Purchaser and the Parent of payment) of the taxes (if any) payable as contemplated by Section 5.8 4.7 of this Agreement. If only a part of the Exchangeable Non-Voting Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by the Parent under the Insolvency Exchange Right, a new certificate for the balance of such Exchangeable Non-Voting Shares shall be issued to the holder Shareholder at the expense of ExchangeCothe Purchaser.

Appears in 1 contract

Samples: Exchange and Voting Agreement (Thinweb Com Corp)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCoExchangeco. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in Vancouver, British Columbia Vancouver or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates certificates, if any, representing the Exchangeable Shares which such Beneficiary desires Parent Lululemon to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws and the constating documents of ExchangeCo and such additional documents and instruments as the Trustee, Parent Exchangeco or ExchangeCo Lululemon may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached Right in form and substance satisfactory to the Exchangeable Share certificatesTrustee, Lululemon and Exchangeco, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent Lululemon to purchase from the Beneficiary the number of Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent Lululemon, free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing Parent Lululemon Common Shares issuable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates Lululemon Common Shares should be delivered; delivered and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo Exchangeco, and Parent Lululemon of payment) of the taxes (if any) payable as contemplated by Section 5.8 3.8 of this Agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to Trustee are to be purchased by Parent Lululemon under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCoExchangeco either by a new certificate or through the direct registration system.

Appears in 1 contract

Samples: Exchange Trust Agreement (Lululemon Corp.)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the CN Exchangeable Shares represented by CN Stapled Units registered in the name of such Beneficiary on the books of ExchangeCoCN. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in VancouverMontreal, British Columbia Quebec or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the CN Stapled Unit certificates representing the CN Exchangeable Shares which such Beneficiary desires Parent Newco to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of CN Exchangeable Shares under applicable laws the Canada Business Corporations Act and the constating documents by-laws of ExchangeCo CN and such additional documents and instruments as Trustee, Parent or ExchangeCo the Trustee may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share CN Stapled Unit certificates, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent Newco to purchase from the Beneficiary the number of CN Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such CN Exchangeable Shares to be acquired by Parent Newco free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing Parent Newco Stapled Units representing the Newco Common Shares issuable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; delivered and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo CN and Parent Newco of payment) of the taxes (if any) payable as contemplated by Section section 5.8 of this Agreementtrust agreement. If only a part of the CN Exchangeable Shares represented by any CN Stapled Unit certificate or certificates delivered to the Trustee are to be purchased by Parent Newco under the Exchange Right, a new certificate for the balance of such Exchangeable Shares CN Stapled Units shall be issued to the holder at the expense of ExchangeCoCN.

Appears in 1 contract

Samples: Rights Agreement (Burlington Northern Santa Fe Corp)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall Shareholder will be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary Shareholder on the books of ExchangeCo. To cause the exercise of the Exchange Right by TrusteeRight, the Beneficiary shall Shareholder will deliver to TrusteeParent, in person or by certified or registered mail, at its principal corporate trust office in Vancouver, British Columbia or at such other places in Canada as Trustee may from time to time designate by written notice to the Beneficiariesregistered office, the certificates representing the Exchangeable Shares which such Beneficiary Shareholder desires Parent to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the BCA and the constating documents articles of ExchangeCo and such additional documents and instruments as Trustee, Parent or ExchangeCo may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary Shareholder thereby instructs Trustee to exercise exercises the Exchange Right so as to require Parent to purchase from the Beneficiary Shareholder the number of Exchangeable Shares specified therein, (ii) that such Beneficiary Shareholder has good title to and owns all such Exchangeable Shares to be acquired by Parent free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing Parent Common Shares issuable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons to whom such new certificates should be delivered; delivered and (b) payment (or evidence satisfactory to Trustee, ExchangeCo and Parent of payment) of the taxes (if any) payable as contemplated by Section 5.8 3.7 of this Agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to Trustee Parent are to be purchased by Parent under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall will be issued to the holder at the expense of ExchangeCo.

Appears in 1 contract

Samples: Arrangement Agreement (Schmitt Industries Inc)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares Securities registered in the name of such Beneficiary on the books of ExchangeCoEELP. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in VancouverCalgary, British Columbia Alberta or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares Securities which such Beneficiary desires Parent Enerplus to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares Securities under applicable laws and the constating documents of ExchangeCo Limited Partnership Agreement and such additional documents and instruments as the Trustee, Parent or ExchangeCo EELP and Enerplus may reasonably require together with with: (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share Securities certificates, stating stating: (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent Enerplus to purchase from the Beneficiary the number of Exchangeable Shares Securities specified therein, ; (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares Securities to be acquired by Parent Enerplus free and clear of all liens, claims, security interests, adverse claims interests and encumbrances, ; (iii) the names in which the certificates representing Parent Common Shares Enerplus Units issuable in connection with the exercise of the Exchange Right are to be issued, ; and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo EELP and Parent Enerplus of payment) of the taxes (if any) payable as contemplated by Section 5.8 of this Agreement5.8. If only a part of the Exchangeable Shares Securities represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent Enerplus under the Exchange Right, a new certificate for the balance of such Exchangeable Shares Securities shall be issued to the holder at the expense of ExchangeCoEELP.

Appears in 1 contract

Samples: Voting and Exchange Trust Agreement (Enerplus Resources Fund)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCoExchangeco. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in Vancouver, British Columbia Toronto or Montreal or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which such Beneficiary desires Parent to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the CBCA and the constating documents by-laws of ExchangeCo Exchangeco and such additional documents and instruments as the Trustee, Parent or ExchangeCo and Exchangeco may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent to purchase from the Beneficiary the number of Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing Parent Common Shares issuable transferable in connection with the exercise of the Exchange Right are to be issued, registered and (iv) the names and addresses of the Persons to whom such new certificates should be delivered; delivered and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo Exchangeco and Parent of payment) of the taxes (if any) payable as contemplated by Section 5.8 of this Agreementsection 5.8. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCoExchangeco.

Appears in 1 contract

Samples: Voting and Exchange Trust Agreement (Solectron Corp)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary Holder shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary Holder on the books of ExchangeCothe Acquisition Sub. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary Holder shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in Vancouver, British Columbia Corporate Trust Office or at such other places in Canada place as the Trustee may from time to time designate by written notice to the BeneficiariesHolders, the certificates representing the Exchangeable Shares which that such Beneficiary Holder desires Parent to purchase, duly endorsed in blank for transferblank, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the BC Company Act and the constating documents articles of ExchangeCo the Acquisition Sub and such additional documents and instruments as Trustee, Parent the Trustee or ExchangeCo the Transfer Agent may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary Holder thereby instructs the Trustee to exercise the Exchange Right so as to require Parent to purchase from the Beneficiary Holder the number of Exchangeable Shares specified therein, (ii) that such Beneficiary Holder has good title to and owns all such Exchangeable Shares to be acquired by Parent free and clear of all liens, claims, security interests, adverse claims and encumbrancesLiens, (iii) the names in which the certificates representing shares of Parent Common Shares Stock issuable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; , (b) a duly completed and executed copy of the certificate attached as SCHEDULE B to the Exchangeable Share Provisions and (bc) payment (or evidence satisfactory to the Trustee, ExchangeCo Acquisition Sub and Parent of payment) of the taxes (if any) payable as contemplated by Section section 5.8 of this Agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder Holder at the expense of ExchangeCoAcquisition Sub. Upon written request from the Trustee, Acquisition Sub shall provide the Trustee notice of the documents and instruments required to effect a transfer of Exchangeable Shares under the BC Company Act.

Appears in 1 contract

Samples: Voting and Exchange Trust Agreement (Cubist Pharmaceuticals Inc)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary Holder shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary Holder on the books of ExchangeCoUS Co Sub. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary Holder shall deliver to the Trustee, in person or by certified or registered mail, at 79 its principal corporate trust office offices in VancouverCalgary, British Columbia Alberta or Toronto, Ontario or at such other places in Canada as the Trustee may from time to time designate by written notice to the BeneficiariesHolders, the certificates representing the Exchangeable Shares which such Beneficiary Holder desires Parent US Co to purchase, duly endorsed in blank for transferblank, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws law and the constating documents by-laws of ExchangeCo US Co Sub and such additional documents and instruments as Trustee, Parent or ExchangeCo the Trustee may reasonably require together with (ai) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (iA) that the Beneficiary Holder thereby instructs the Trustee to exercise the Exchange Right so as to require Parent US Co to purchase from the Beneficiary Holder the number of Exchangeable Shares specified therein, (iiB) that such Beneficiary Holder has good title to and owns all such Exchangeable Shares to be acquired by Parent US Co free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iiiC) the names in which the certificates representing Parent US Co Common Shares Stock issuable in connection with the exercise of the Exchange Right are to be issued, issued and (ivD) the names and addresses of the Persons persons to whom such new certificates the Exchangeable Share Consideration should be delivered; delivered and (bii) payment (or evidence satisfactory to the Trustee, ExchangeCo US Co Sub and Parent US Co of payment) of the taxes (if any) payable as contemplated by Section 5.8 5(h) of this Agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent US Co under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder Holder at the expense of ExchangeCoUS Co Sub.

Appears in 1 contract

Samples: Combination Agreement (Pioneer Natural Resources Co)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCo. Canadian Exchange Co. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office office(s) in VancouverToronto, British Columbia Ontario or Calgary, Alberta or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which such Beneficiary desires Parent US Gold or Alberta ULC to purchase, duly endorsed in blank for transferblank, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under the Business Corporations Act (Alberta), other applicable laws laws, if any, and the constating documents by-laws of ExchangeCo Canadian Exchange Co. and such additional documents and instruments as Trustee, Parent the Trustee or ExchangeCo Canadian Exchange Co. may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent US Gold or Alberta ULC to purchase from the Beneficiary the number of Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent US Gold or Alberta ULC free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing Parent US Gold Common Shares Stock issuable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; delivered and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo Canadian Exchange Co. and Parent US Gold of payment) of the taxes (if any) payable as contemplated by Section 5.8 of this Agreementagreement. If only a part portion of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent US Gold or Alberta ULC under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCo.Canadian Exchange Co.

Appears in 1 contract

Samples: Voting and Exchange Trust Agreement (U S Gold Corp)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the CN Exchangeable Shares represented by CN Stapled Units registered in the name of such Beneficiary on the books of ExchangeCoCN. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in VancouverMontreal, British Columbia Quebec or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the CN Stapled Unit certificates representing the CN Exchangeable Shares which such Beneficiary desires Parent Newco to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of CN Exchangeable Shares under applicable laws the Canada Business Corporations Act and the constating documents by- laws of ExchangeCo CN and such additional documents and instruments as Trustee, Parent or ExchangeCo the Trustee may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share CN Stapled Unit certificates, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent Newco to purchase from the Beneficiary the number of CN Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such CN Exchangeable Shares to be acquired by Parent Newco free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing Parent Newco Stapled Units representing the Newco Common Shares issuable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; delivered and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo CN and Parent Newco of payment) of the taxes (if any) payable as contemplated by Section section 5.8 of this Agreementtrust agreement. If only a part of the CN Exchangeable Shares represented by any CN Stapled Unit certificate or certificates delivered to the Trustee are to be purchased by Parent Newco under the Exchange Right, a new certificate for the balance of such Exchangeable Shares CN Stapled Units shall be issued to the holder at the expense of ExchangeCoCN.

Appears in 1 contract

Samples: Combination Agreement (Burlington Northern Santa Fe Corp)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary Holder shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCoHolder. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary Holder shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office offices in VancouverCalgary, British Columbia Alberta or at such other places in Canada as the Trustee may from time to time designate by written notice to the BeneficiariesHolders, the certificates representing the Exchangeable Shares which such Beneficiary Holder desires Parent Pubco to purchase, duly endorsed in blank for transferblank, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws law and the constating documents by-laws of ExchangeCo Westcor and such additional documents and instruments as Trustee, Parent or ExchangeCo the Trustee may reasonably require together with (ai) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (iA) that the Beneficiary Holder thereby instructs the Trustee to exercise the Exchange Right so as to require Parent Pubco to purchase from the Beneficiary Holder the number of Exchangeable Shares specified therein, (iiB) that such Beneficiary Holder has good title to and owns all such Exchangeable Exchangea-ble Shares to be acquired by Parent Pubco free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iiiC) the names in which the certificates representing Parent Pubco Common Shares Stock issuable in connection with the exercise of the Exchange Right are to be issued, issued and (ivD) the names and addresses of the Persons persons to whom such new certificates the Exchangeable Share Consideration should be delivered; delivered and (bii) payment (or evidence satisfactory to the Trustee, ExchangeCo Westcor and Parent Pubco of payment) of the taxes (if any) payable as contemplated by Section 5.8 5(h) of this Agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent Pubco under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder Holder at the expense of ExchangeCoWestcor.

Appears in 1 contract

Samples: Voting Trust and Exchange Agreement (E Financial Depot Com)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary Non-Affiliated Holder shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary Non-Affiliated Holder on the books of ExchangeCothe Corporation. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary Non-Affiliated Holder shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in VancouverToronto, British Columbia Ontario or at such other places in Canada as the Trustee may from time to time designate by written notice to the BeneficiariesNon-Affiliated Holders, the certificates representing the Exchangeable Shares which such Beneficiary Non-Affiliated Holder desires the Parent to purchase, duly endorsed in blank for transferblank, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the Business Corporations Act (Ontario) and the constating documents by-laws of ExchangeCo the Corporation and such additional documents and instruments as Trustee, Parent the Trustee or ExchangeCo the Corporation may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary Non-Affiliated Holder thereby instructs the Trustee to exercise the Exchange Right so as to require the Parent to purchase from the Beneficiary Non-Affiliated Holder the number of Exchangeable Shares specified therein, (ii) that such Beneficiary Non-Affiliated Holder has good title to and owns all such Exchangeable Shares to be acquired by the Parent free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing Parent Common Shares Stock issuable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; delivered and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo the Corporation and the Parent of payment) of the taxes (if any) payable as contemplated by Section section 5.8 of this Agreementhereof. If only a part portion of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by the Parent under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCothe Corporation.

Appears in 1 contract

Samples: Combination Agreement (Electronic Retailing Systems International Inc)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCoCanco. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in VancouverCalgary, British Columbia Alberta or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which such Beneficiary desires Parent Acquirer to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the Act and the constating documents by-laws of ExchangeCo Canco and such additional documents and instruments as the Trustee, Parent or ExchangeCo Canco and Acquirer may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent Acquirer to purchase from the Beneficiary the number of Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent Acquirer free and clear of all liens, claims, security interests, adverse claims interests and encumbrances, (iii) the names in which the certificates representing Parent Common Acquirer Shares issuable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; , and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo Canco and Parent Acquirer of payment) of the taxes (if any) payable as contemplated by Section 5.8 of this Agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent Acquirer under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCoCanco.

Appears in 1 contract

Samples: Voting and Exchange Trust Agreement (Canwest Petroleum Corp)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary Holder shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCoHolder. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary Holder shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office offices in VancouverCalgary, British Columbia Alberta or at such other places in Canada as the Trustee may from time to time designate by written notice to the BeneficiariesHolders, the certificates representing the Exchangeable Shares which such Beneficiary Holder desires Parent Shannon to purchase, duly endorsed in blank for transferblank, and accompanied accxxxxxxxd by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under 13 applicable laws law and the constating documents bylaws of ExchangeCo SIL and such additional documents and instruments as Trustee, Parent or ExchangeCo the Trustee may reasonably require together with (ai) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (iA) that the Beneficiary Holder thereby instructs the Trustee to exercise the Exchange Right so as to require Parent Shannon to purchase from the Beneficiary Holder the number of Exchangeable Exxxxxxxxble Shares specified therein, (iiB) that such Beneficiary Holder has good title to and owns all such Exchangeable Shares to be acquired by Parent Shannon free and clear of all liens, claims, security interests, adverse claims and encumbrancesencuxxxxxxxs, (iiiC) the names in which the certificates representing Parent Shannon Common Shares Stock issuable in connection with the exercise xxxxxxse of the Exchange Right are to be issued, issued and (ivD) the names and addresses of the Persons persons to whom such new certificates the Exchangeable Share Consideration should be delivered; delivered and (bii) payment (or evidence satisfactory to the Trustee, ExchangeCo SIL and Parent Shannon of payment) of the taxes (if any) payable as contemplated xxxxxxplated by Section 5.8 5(h) of this Agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent Shannon under the Exchange Right, a new certificate for the xxx xxx balance of such Exchangeable Shares shall be issued to the holder Holder at the expense of ExchangeCoSIL.

Appears in 1 contract

Samples: Memorandum of Agreement (Shannon International Resources Inc)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary Non-Affiliated Holder shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary Non-Affiliated Holder on the books of ExchangeCothe Corporation. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary Non-Affiliated Holder shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in VancouverToronto, British Columbia Ontario or at such other places in Canada as the Trustee may from time to time designate by written notice to the BeneficiariesNon-Affiliated Holders, the certificates representing the Exchangeable Shares which such Beneficiary Non-Affiliated Holder desires the Parent to purchase, duly endorsed in blank for transferblank, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws and the constating documents of ExchangeCo Business Corporations Act (Ontario) and such additional documents and instruments as the Trustee, the Parent or ExchangeCo the Corporation may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary Non-Affiliated Holder thereby instructs the Trustee to exercise the Exchange Right so as to require the Parent or Smithfield Sub to purchase from the Beneficiary Non-Affiliated Holder the number of Exchangeable Shares specified therein, (ii) that such Beneficiary Non-Affiliated Holder has good title to and owns all such Exchangeable Shares to be acquired by the Parent or Smithfield Sub free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing Parent Common Shares Stock issuable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; delivered and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo the Corporation and the Parent of payment) of the taxes (if any) payable as contemplated by Section section 5.8 of this Agreementtrust agreement. If only a part portion of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by the Parent or Smithfield Sub under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCothe Corporation.

Appears in 1 contract

Samples: Trust Agreement (Smithfield Foods Inc)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCothe Corporation. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in VancouverToronto, British Columbia Ontario or Montreal, Quebec or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which such Beneficiary desires Parent Dutchco to purchase, duly endorsed in blank for transferblank, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the Companies Act (Quebec) and the constating documents by-laws of ExchangeCo the Corporation and such additional documents and instruments as Trustee, Parent the Trustee or ExchangeCo Dutchco may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent Dutchco to purchase from the Beneficiary the number of Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent Dutchco free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing the Parent Common Shares issuable deliverable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; delivered and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo the Corporation and Parent Dutchco of payment) of the taxes (if any) payable as contemplated by Section section 5.8 of this Agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent Dutchco under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCothe Corporation.

Appears in 1 contract

Samples: Voting and Exchange Trust Agreement (Discreet Logic Inc)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCo. NPS - Allelix Inc.. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at as its principal corporate trust office in Vancouver, British Columbia Toronto or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which such Beneficiary desires Parent NPS to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the OBCA and the constating documents articles and by-laws of ExchangeCo NPS - Allelix Inc. and such additional documents and instruments as the Trustee, Parent or ExchangeCo NPS - Allelix Inc. and NPS may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent NPS to purchase from the Beneficiary the number of Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent NPS free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing Parent NPS Common Shares issuable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; delivered and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo NPS - Allelix Inc. and Parent NPS of payment) of the taxes (if any) payable as contemplated by Section section 5.8 of this Agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent NPS under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCo.NPS - Allelix Inc..

Appears in 1 contract

Samples: Arrangement Agreement (NPS Pharmaceuticals Inc)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCoInfospace Canada. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in VancouverToronto, British Columbia Ontario or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which such Beneficiary desires Parent Infospace to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the Business Corporations Act (Ontario) and the constating documents by- laws of ExchangeCo Infospace Canada and such additional documents and instruments as Trustee, Parent or ExchangeCo the Trustee may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent Infospace to purchase from the Beneficiary the number of Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent Infospace free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing Parent Infospace Common Shares issuable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; delivered and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo Infospace Canada and Parent Infospace of payment) of the taxes (if any) payable as contemplated by Section section 5.8 of this Agreementtrust agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent Infospace under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCoInfospace Canada.

Appears in 1 contract

Samples: Voting and Exchange Trust Agreement (Infospace Com Inc)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Locus Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCoLocus Holdings. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in VancouverToronto, British Columbia Ontario or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Locus Exchangeable Shares which such Beneficiary desires Parent InfoSpace to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Locus Exchangeable Shares under applicable laws the Canada Business Corporations Act and the constating documents articles and by-laws of ExchangeCo Locus Holdings and such additional documents and instruments as Trustee, Parent or ExchangeCo the Trustee may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Locus Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent InfoSpace to purchase from the Beneficiary the number of Locus Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Locus Exchangeable Shares to be acquired by Parent InfoSpace free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing Parent InfoSpace Common Shares issuable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new InfoSpace Common Share certificates should be delivered; delivered and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo Locus Holdings and Parent InfoSpace of payment) of the taxes (if any) payable as contemplated by Section section 5.8 of this Agreementtrust agreement. If only a part portion of the Locus Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent InfoSpace under the Exchange Right, a new certificate for the balance of such Locus Exchangeable Shares shall be issued to the holder at the expense of ExchangeCoLocus Holdings.

Appears in 1 contract

Samples: Voting and Exchange Trust Agreement (Infospace Inc)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCoCanco. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in VancouverCalgary, British Columbia Alberta or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which such Beneficiary desires Parent Acquiror to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the Act and the constating documents by-laws of ExchangeCo Canco and such additional documents and instruments as the Trustee, Parent or ExchangeCo Canco and Acquiror may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent Acquiror to purchase from the Beneficiary the number of Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent Acquiror free and clear of all liens, claims, security interests, adverse claims interests and encumbrances, (iii) the names in which the certificates representing Parent Common Acquiror Shares issuable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; , and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo Canco and Parent Acquiror of payment) of the taxes (if any) payable as contemplated by Section 5.8 of this Agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent Acquiror under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCoCanco.

Appears in 1 contract

Samples: Acquisition Agreement (Nabors Industries Inc)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCoLoJack Exchangeco. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in Vancouver, British Columbia Montreal or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which such Beneficiary desires Parent LoJack to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the Act and the constating documents by-laws of ExchangeCo LoJack Exchangeco and such additional documents and instruments as the Trustee, Parent or ExchangeCo LoJack Exchangeco and LoJack may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent LoJack to purchase from the Beneficiary the number of Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent LoJack free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing Parent LoJack Common Shares issuable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; delivered and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo LoJack Exchangeco and Parent LoJack of payment) of the taxes (if any) payable as contemplated by Section section 5.8 of this Agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent LoJack under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCoLoJack Exchangeco.

Appears in 1 contract

Samples: Voting and Exchange Trust Agreement (Lojack Corp)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCoWeysub. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at as its principal corporate trust office in Vancouver, British Columbia Vancouver or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which such Beneficiary desires Parent Weyerhaeuser to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the Act and the constating documents by-laws of ExchangeCo Weysub and such additional documents and instruments as Trustee, Parent or ExchangeCo the Trustee may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent Weyerhaeuser to purchase from the Beneficiary the number of Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent Weyerhaeuser free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing Parent Weyerhaeuser Common Shares issuable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; delivered and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo Weysub and Parent Weyerhaeuser of payment) of the taxes (if any) payable as contemplated by Section section 5.8 of this Agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent Weyerhaeuser under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCoWeysub.

Appears in 1 contract

Samples: Voting and Exchange Trust Agreement (Weyerhaeuser Co)

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Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary Non-Affiliated Holder shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Preferred Shares registered in the name of such Beneficiary Non-Affiliated Holder on the books of ExchangeCothe Corporation. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary Non-Affiliated Holder shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office address set out in Vancouver, British Columbia section 14.3 or at such other places in Canada place as the Trustee may from time to time designate by written notice to the BeneficiariesNon-Affiliated Holders, the certificates representing the Exchangeable Preferred Shares which such Beneficiary Non-Affiliated Holder desires the Parent to purchase, duly endorsed in blank for transferblank, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Preferred Shares under applicable laws the Canada Business Corporations Act and the constating documents by-laws of ExchangeCo the Corporation and such additional documents and instruments as the Trustee, the Parent or ExchangeCo the Corporation may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Preferred Share certificates, stating (i) that the Beneficiary Non-Affiliated Holder thereby instructs the Trustee to exercise the Exchange Right so as to require the Parent or VM Sub to purchase from the Beneficiary Non-Affiliated Holder the number of Exchangeable Preferred Shares specified therein, (ii) that such Beneficiary Non-Affiliated Holder has good title to and owns all such Exchangeable Preferred Shares to be acquired by the Parent or VM Sub free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing Parent Common Shares Stock issuable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; delivered and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo the Corporation and the Parent of payment) of the taxes (if any) payable as contemplated by Section section 5.8 of this Agreementagreement. If only a part portion of the Exchangeable Preferred Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by the Parent or VM Sub under the Exchange Right, a new certificate for the balance of such Exchangeable Preferred Shares shall be issued to the holder at the expense of ExchangeCothe Corporation.

Appears in 1 contract

Samples: Voting, Support and Exchange Trust Agreement (Voice Mobility International Inc)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Voting Trust Beneficiary shall be entitled, upon the occurrence and during the continuance of an any Insolvency Event, to instruct the Voting Trustee to exercise the Insolvency Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Voting Trust Beneficiary on the books of ExchangeCoExchangeco. To cause the exercise of the Insolvency Exchange Right by the Voting Trustee, the Voting Trust Beneficiary shall deliver to the Voting Trustee, in person or by certified or registered mail, at its principal corporate trust office in VancouverToronto, British Columbia Ontario or at such other places in Canada as the Voting Trustee may from time to time designate by written notice to the Voting Trust Beneficiaries, the certificates representing the Exchangeable Shares which such Voting Trust Beneficiary desires the Parent to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the Business Corporations Act (Alberta) and the constating documents by-laws of ExchangeCo Exchangeco and such additional documents and instruments instrument as Trustee, Parent or ExchangeCo the Voting Trustee may reasonably require together with (a) a duly completed form of notice of exercise of the Insolvency Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Voting Trust Beneficiary thereby instructs the Voting Trustee to exercise the Insolvency Exchange Right so as to require the Parent to purchase from the Voting Trust Beneficiary the number of Exchangeable Shares specified therein, (ii) that such Voting Trust Beneficiary has good title to to, and owns all all, such Exchangeable Shares to be acquired by the Parent free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing Parent Common Shares issuable in connection with the exercise of the Insolvency Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; delivered and (b) payment (or evidence satisfactory to the Voting Trustee, ExchangeCo Exchangeco and the Parent of payment) of the taxes (if any) payable as contemplated by Section section 5.8 of this Agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Voting Trustee are to be purchased by the Parent under the Insolvency Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCoExchangeco.

Appears in 1 contract

Samples: Exchange and Voting Trust Agreement (Peress Sass)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCoExchangeco. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in Vancouver, British Columbia _________ or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which such Beneficiary desires Parent Duke Energy to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable the CBCA and -13- VOTING AND EXCHANGE TRUST AGREEMENT 151 the by-laws and the constating documents of ExchangeCo Exchangeco and such additional documents and instruments as the Trustee, Parent or ExchangeCo Exchangeco and Duke Energy may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent Duke Energy to purchase from the Beneficiary the number of Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent Duke Energy free and clear of all liens, claims, security interests, adverse claims interests and encumbrances, (iii) the names in which the certificates representing Parent Duke Energy Common Shares issuable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; , and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo Exchangeco and Parent Duke Energy of payment) of the taxes (if any) payable as contemplated by Section 5.8 of this Agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent Duke Energy under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCoExchangeco.

Appears in 1 contract

Samples: Combination Agreement (Duke Energy Corp)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Company Special Shares registered in the name of such Beneficiary on the books of ExchangeCothe Company. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at as its principal corporate trust office in Vancouver, British Columbia Vancouver or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Company Special Shares which such Beneficiary desires Parent Abgenix to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Company Special Shares under applicable laws the Act and the constating documents memorandum and articles of ExchangeCo association of the Company and such additional documents and instruments as the Trustee, Parent or ExchangeCo the Company and Abgenix may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Company Special Share certificates, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent Abgenix to purchase from the Beneficiary the number of Exchangeable Company Special Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Company Special Shares to be acquired by Parent Abgenix free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing Parent Abgenix Common Shares issuable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; delivered and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo the Company and Parent Abgenix of payment) of the taxes (if any) payable as contemplated by Section 5.8 5.10 of this Agreement. If only a part of the Exchangeable Company Special Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent Abgenix under the Exchange Right, a new certificate for the balance of such Exchangeable Company Special Shares shall be issued to the holder at the expense of ExchangeCoAbgenix.

Appears in 1 contract

Samples: Trust Agreement (Abgenix Inc)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary Holder shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary Holder on the books of ExchangeCoUS Co Sub. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary Holder shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office offices in VancouverCalgary, British Columbia Alberta or Toronto, Ontario or at such other places in Canada as the Trustee may from time to time designate by written notice to the BeneficiariesHolders, the certificates representing the Exchangeable Shares which such Beneficiary Holder desires Parent US Co to purchase, duly endorsed in blank for transferblank, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws law and the constating documents by-laws of ExchangeCo US Co Sub and such additional documents and instruments as Trustee, Parent or ExchangeCo the Trustee may reasonably require together with (ai) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (iA) that the Beneficiary Holder thereby instructs the Trustee to exercise the Exchange Right so as to require Parent US Co to purchase from the Beneficiary Holder the number of Exchangeable Shares specified therein, (iiB) that such Beneficiary Holder has good title to and owns all such Exchangeable Shares to be acquired by Parent US Co free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iiiC) the names in which the certificates representing Parent US Co Common Shares Stock issuable in connection with the exercise of the Exchange Right are to be issued, issued and (ivD) the names and addresses of the Persons persons to whom such new certificates the Exchangeable Share Consideration should be delivered; delivered and (bii) payment (or evidence satisfactory to the Trustee, ExchangeCo US Co Sub and Parent US Co of payment) of the taxes (if any) payable as contemplated by Section 5.8 5(h) of this Agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent US Co under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder Holder at the expense of ExchangeCoUS Co Sub.

Appears in 1 contract

Samples: Voting and Exchange Trust Agreement (Pioneer Natural Resources Co)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary Holder shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary Holder on the books of ExchangeCothe Acquisition Sub. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary Holder shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in Vancouver, British Columbia or at such other places in Canada place as the Trustee may from time to time designate by written notice to the BeneficiariesHolders, the certificates representing the Exchangeable Shares which that such Beneficiary Holder desires Parent CDN2 to purchase, duly endorsed in blank for transferblank, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the BC Company Act and the constating documents articles of ExchangeCo the Acquisition Sub and such additional documents and instruments as Trustee, Parent or ExchangeCo the Trustee may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary Holder thereby instructs the Trustee to exercise the Exchange Right so as to require Parent CDN2 to purchase from the Beneficiary Holder the number of Exchangeable Shares specified therein, (ii) that such Beneficiary Holder has good title to and owns all such Exchangeable Shares to be acquired by Parent CDN2 free and clear of all liens, claims, security interests, adverse claims and encumbrancesLiens, (iii) the names in which the certificates representing Parent Common Shares issuable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; delivered and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo Acquisition Sub and Parent CDN2 of payment) of the taxes (if any) payable as contemplated by Section section 5.8 of this Agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent CDN2 under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCoAcquisition Sub. Upon written request from the Trustee, Acquisition Sub shall provide the Trustee notice of the documents and instruments required to effect a transfer of Exchangeable Shares under the BC Company Act.

Appears in 1 contract

Samples: Voting and Exchange Trust Agreement (Broadcom Corp)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCoBowater Canada. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in VancouverToronto, British Columbia Ontario or Montreal, Québec or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which such Beneficiary desires Parent Bowater to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the Canada Business Corporations Act and the constating documents by-laws of ExchangeCo Bowater Canada and such additional documents and instruments as Trustee, Parent or ExchangeCo the Trustee may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent Bowater to purchase from the Beneficiary the number of Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent Bowater free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing Parent Bowater Common Shares issuable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates should D-8 be delivered; delivered and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo Bowater Canada and Parent Bowater of payment) of the taxes (if any) payable as contemplated by Section 5.8 of this Agreementsection 5.8. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent Bowater under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCoBowater Canada.

Appears in 1 contract

Samples: Memorandum of Agreement (Bowater Inc)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCoAcquisitionco. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in VancouverToronto, British Columbia Ontario or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which such Beneficiary desires Parent Coeur to purchase, duly endorsed in blank for transferblank, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws and the constating documents of ExchangeCo NBBCA and such additional documents and instruments as Trustee, Parent the Trustee or ExchangeCo Acquisitionco may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent Coeur or Coeur ULC to purchase from the Beneficiary the number of Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent Coeur or Coeur ULC free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing Parent Coeur Common Shares Stock issuable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; delivered and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo Acquisitionco and Parent Coeur of payment) of the taxes (if any) payable as contemplated by Section 5.8 of this Agreementagreement. If only a part portion of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent Coeur or Coeur ULC under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCoAcquisitionco.

Appears in 1 contract

Samples: Trust Agreement (Coeur D Alene Mines Holdings Co)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCoLoJack Exchangeco. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in Vancouver, British Columbia [•] or at such other places in Canada [•] as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which such Beneficiary desires Parent LoJack to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the Act and the constating documents by-laws of ExchangeCo LoJack Exchangeco and such additional documents and instruments as the Trustee, Parent or ExchangeCo LoJack Exchangeco and LoJack may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent LoJack to purchase from the Beneficiary the number of Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent LoJack free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing Parent LoJack Common Shares issuable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; delivered and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo LoJack Exchangeco and Parent LoJack of payment) of the taxes (if any) payable as contemplated by Section section 5.8 of this Agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent LoJack under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCoLoJack Exchangeco.

Appears in 1 contract

Samples: Combination Agreement (Lojack Corp)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCoMatsub. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in Vancouver, British Columbia Toronto or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which such Beneficiary desires Parent Merge to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the OBCA and the constating documents by-laws of ExchangeCo Matsub and such additional documents and instruments as the Trustee, Parent or ExchangeCo Matsub and Merge may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent Merge to purchase from the Beneficiary the number of Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent Merge free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing Parent Merge Common Shares issuable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; delivered and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo Matsub and Parent Merge of payment) of the taxes (if any) payable as contemplated by Section section 5.8 of this Agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent Merge under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCoMatsub.

Appears in 1 contract

Samples: Voting and Exchange Trust Agreement Memorandum of Agreement (Merge Technologies Inc)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCoCompany. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in Vancouver, British Columbia Toronto or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which such Beneficiary desires Parent to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the OBCA and the constating documents by-laws of ExchangeCo Company and such additional documents and instruments as the Trustee, Parent or ExchangeCo and Company may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent to purchase from the Beneficiary the number of Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing Parent Common Shares issuable transferable in connection with the exercise of the Exchange Right are to be issuedregistered, and (iv) the names and addresses of the Persons to whom such new certificates should be delivered; , and (v) whether the Beneficiary is a resident of Canada within the meaning of the ITA, and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo Company and Parent of payment) of the taxes (if any) payable as contemplated by Section 5.8 of this Agreementsection 5.8. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCoCompany.

Appears in 1 contract

Samples: Voting and Exchange Trust Agreement (Divine Inc)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary each of the Parent, Exchangeco and/or each Vendor, as the case may be, shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, entitled to instruct Trustee the Agent to exercise the Exchange Right any and all Ancillary Rights with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary Vendor on the books of ExchangeCoExchangeco. To cause the exercise of such Ancillary Rights by the Exchange Right by TrusteeAgent, the Beneficiary respective party shall deliver to Trusteethe Agent, in person or by certified or registered mail, at its principal corporate trust business office in VancouverOttawa, British Columbia Ontario or at such other places in Canada as Trustee the Agent may from time to time designate by written notice, such notice of the action to be taken and specification of the provision of authority in the respective Share Exchange Agreement, Support Agreement, or this Agreement, under which such action is requested. In the case of the Vendors, each Vendor shall when initiating a request for such action or when receiving notice of action on the part of Parent to purchase or otherwise acquire the Exchangeable Shares, shall deliver to the Beneficiaries, Agent the certificates representing the Exchangeable Shares which such Beneficiary Vendor desires Parent to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable the Business Corporations Act (Ontario)and the articles and by-laws and the constating documents of ExchangeCo Exchangeco and such additional documents and instruments as Trustee, Parent or ExchangeCo the Agent may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange such Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary Vendor thereby instructs Trustee the Agent to exercise the Exchange Right respective right of Vendor so as to require Parent to purchase from the Beneficiary Vendor the number of Exchangeable Shares specified therein, (ii) that such Beneficiary Vendor has good title to and owns all such Exchangeable Shares to be acquired by Parent free and clear of all liens, claims, security interests, adverse claims and Voting And Exchange Agency Agreement encumbrances, (iii) the names in which the certificates representing Parent Common Shares issuable in connection with the an exercise of rights provided under the Exchange Right are to be issuedExchangeable Shares, and (iv) the names and addresses of the Persons persons to whom such new Parent Common Share certificates should be delivered; , and (bv) payment (or evidence satisfactory to Trusteethe Agent, ExchangeCo Exchangeco and Parent of payment) of the taxes (if any) payable as contemplated by Section section 5.8 of this Agreement. If only a part portion of the Exchangeable Shares represented by any certificate or certificates delivered to Trustee the Agent are to be purchased by Parent under the Exchange respective Ancillary Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCoExchangeco.

Appears in 1 contract

Samples: Voting and Exchange Agency Agreement (Wireless Age Communications Inc)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCothe Corporation. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in VancouverToronto, British Columbia Ontario or Montreal, Quebec or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which such Beneficiary desires Parent Dutchco to purchase, duly endorsed in blank for transferblank, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the Companies Act (Quebec) and the constating documents by-laws of ExchangeCo the Corporation and such additional documents and instruments as Trustee, Parent the Trustee or ExchangeCo Dutchco may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent Dutchco to purchase from the Beneficiary the number of Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent Dutchco free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing the Parent Common Shares issuable deliverable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; delivered and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo the Corporation and Parent Dutchco of payment) of the taxes (if any) payable as contemplated by Section section 5.8 of this Agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent Dutchco under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCo.the Corporation. 5.6

Appears in 1 contract

Samples: Voting and Exchange Trust Agreement Agreement (Autodesk Inc)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall Holder will be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary Holder on the books of ExchangeCoApple. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall Holder will deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in VancouverHouston, British Columbia Texas or at such other places in Canada as the Trustee may from time to time designate by written notice to the BeneficiariesHolders, the certificates representing the Exchangeable Shares which such Beneficiary Holder desires Parent AOI to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws and the constating documents of ExchangeCo and such additional documents and instruments as Trustee, Parent or ExchangeCo the Trustee may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary Holder thereby instructs the Trustee to exercise the Exchange Right so as to require Parent AOI to purchase from the Beneficiary Holder the number of Exchangeable Shares specified therein, (ii) that such Beneficiary Holder has good title to and owns all such Exchangeable Shares to be acquired by Parent AOI free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing Parent AOI Common Shares Stock issuable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; delivered and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo Apple and Parent AOI of payment) of the taxes (if any) payable as contemplated by Section section 5.8 of this Agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent AOI under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall will be issued to the holder Holder at the expense of ExchangeCoApple.

Appears in 1 contract

Samples: Voting and Exchange Agreement (Apple Orthodontix Inc)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Exchange Rights Trigger Event, to instruct the Trustee to exercise the Exchange Right Rights with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCoAcquisitionCo. To cause the exercise of the Exchange Right Rights by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in Vancouver, British Columbia Calgary or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which such Beneficiary desires Parent the Trust or Trust Subsidiary to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the Act and the constating documents by-laws of ExchangeCo AcquisitionCo and such additional documents and instruments as the Trustee, Parent or ExchangeCo AcquisitionCo, the Trust and Trust Subsidiary may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange RightRights, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right Rights so as to require Parent the Trust or Trust Subsidiary to purchase from the Beneficiary the number of Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent the Trust or Trust Subsidiary, as applicable free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing Parent Common Shares Trust Units issuable in connection with the exercise of the Exchange Right Rights are to be issued, and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; delivered and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo the Trust, Trust Subsidiary and Parent AcquisitionCo of payment) of the taxes (if any) payable as contemplated by Section 5.8 of this Agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent the Trust or Trust Subsidiary under the Exchange RightRights, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCoAcquisitionCo.

Appears in 1 contract

Samples: Voting and Exchange Trust Agreement (Enterra Energy Trust)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary Holder shall be entitled, upon the occurrence and during the continuance of an Insolvency Event or a Default Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary Holder on the books of ExchangeCoACTsub. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary Holder shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in Vancouver, British Columbia Toronto or at such other places in Canada place as the Trustee may from time to time designate by written notice to the BeneficiariesHolders, the certificates representing the Exchangeable Shares which that such Beneficiary Holder desires Parent ACT to purchase, duly endorsed in blank for transferblank, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the OBCA and the constating documents by-laws of ExchangeCo ACTsub and such additional documents and instruments as Trustee, Parent or ExchangeCo the Trustee may reasonably require together with (a) a duly completed form Form of notice Notice of exercise of the Exchange Right, contained on in the reverse of form attached hereto as Schedule "A" or attached to the Exchangeable Share certificates, Certificate stating (ia) that the Beneficiary Holder thereby instructs the Trustee to exercise the Exchange Right so as to require Parent ACT to purchase from the Beneficiary Holder the number of Exchangeable Shares specified therein, (iib) that such Beneficiary Holder has good title to and owns all such Exchangeable Shares to be acquired by Parent ACT free and clear of all liens, claims, security interests, adverse claims and encumbrancesLiens, (iiic) the names in which the certificates representing Parent ACT Common Shares Stock issuable in connection with the exercise of the Exchange Right are to be issued, and (ivd) the names and addresses of the Persons persons to whom such new certificates should be delivered; , and (be) payment (or evidence satisfactory to Trustee, ExchangeCo ACTsub and Parent ACT of payment) of the taxes (if any) payable as contemplated by Section 5.8 of this Agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent ACT under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder Holder at the expense of ExchangeCoACTsub.

Appears in 1 contract

Samples: Voting and Exchange Trust Agreement (Applied Cellular Technology Inc)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCoExchangeco. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in VancouverCalgary, British Columbia Alberta or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which such Beneficiary desires Parent Acquiror to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the ABCA and the constating documents by-laws of ExchangeCo Exchangeco and such additional documents and instruments as the Trustee, Parent or ExchangeCo Exchangeco and Acquiror may reasonably require together with with: (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating stating: (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent Acquiror to purchase from the Beneficiary the number of Exchangeable Shares specified therein, ; (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent Acquiror free and clear of all liens, claims, security interests, adverse claims interests and encumbrances, ; (iii) the names in which the certificates representing Parent Common Acquiror Shares issuable in connection with the exercise of the Exchange Right are to be issued, ; and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo Exchangeco and Parent Acquiror of payment) of the taxes (if any) payable as contemplated by Section 5.8 of this Agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent Acquiror under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCoExchangeco.

Appears in 1 contract

Samples: Voting and Exchange Trust Agreement (Magnum Hunter Resources Corp)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary Non-Affiliated Holder shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary Non-Affiliated Holder on the books of ExchangeCothe Corporation. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary Non-Affiliated Holder shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office address set forth in Vancouver, British Columbia or at such other places in Canada as Trustee may from time to time designate by written notice to the BeneficiariesSection 14.3 hereof, the certificates representing the Exchangeable Shares which such Beneficiary Non-Affiliated Holder desires the Parent to purchase, duly endorsed in blank for transferblank, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws and the constating documents of ExchangeCo CBCA and such additional documents and instruments as Trustee, Parent the Trustee or ExchangeCo the Corporation may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary Non-Affiliated Holder thereby instructs the Trustee to exercise the Exchange Right so as to require the Parent to purchase from the Beneficiary Non-Affiliated Holder the number of Exchangeable Shares specified therein, (ii) that such Beneficiary Non-Affiliated Holder has good title to and owns all such Exchangeable Shares to be acquired by the Parent free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing Parent Common Shares Stock issuable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; delivered and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo the Corporation and the Parent of payment) of the taxes (if any) payable as contemplated by Section 5.8 of this Agreementhereof. If only a part portion of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by the Parent under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCothe Corporation.

Appears in 1 contract

Samples: Voting, Support and Exchange Trust Agreement (Planet411 Com Inc)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCothe Corporation. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in VancouverToronto, British Columbia Ontario or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which such Beneficiary desires the Parent to purchase, duly endorsed in blank for transferblank, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the Business Corporations Act (Ontario) and the constating documents by-laws of ExchangeCo the Corporation and such additional documents and instruments as Trustee, Parent or ExchangeCo the Trustee may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require the Parent to purchase from the Beneficiary the number of Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by the Parent free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing the Parent Common Shares issuable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; delivered and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo the Corporation and the Parent of payment) of the taxes (if any) payable as contemplated by Section section 5.8 of this Agreementtrust agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by the Parent under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCothe Corporation.

Appears in 1 contract

Samples: Voting and Exchange Trust Agreement (Learning Co Inc)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Class A Exchangeable Shares or Class B Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCoNew Polar. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in VancouverToronto, British Columbia Ontario or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Class A Exchangeable Shares or Class B Exchangeable Shares, as the case may be, which such Beneficiary desires Parent Polar to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Class A Exchangeable Shares or Class B Exchangeable Shares under the laws applicable laws to New Polar and the constating documents by-laws of ExchangeCo New Polar and such additional documents and instruments as Trustee, Parent or ExchangeCo the Trustee may reasonably require together with with: (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Class A Exchangeable Share certificatesor Class B Exchangeable Share certificate(s), stating stating: (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent Polar to purchase from the Beneficiary the number of Class A Exchangeable Shares or Class B Exchangeable Shares specified therein, ; (ii) that such Beneficiary has good title to and owns all such Class A Exchangeable Shares or Class B Exchangeable Shares to be acquired by Parent Polar free and clear of all liens, claims, security interests, adverse claims and encumbrances, ; (iii) the names in which the certificates representing Parent Common Polar Shares or Polar Preferred Shares issuable in connection with the exercise of the Exchange Right are to be issued, ; and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo Polar and Parent New Polar of payment) of the taxes (if any) payable as contemplated by Section 5.8 of this Agreement3.7. If only a part of the Class A Exchangeable Shares or Class B Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent Polar under the Exchange Right, a new certificate for the balance of such Class A Exchangeable Shares or Class B Exchangeable Shares, as applicable, shall be issued to the holder at the expense of ExchangeCoNew Polar.

Appears in 1 contract

Samples: Exchange Trust Agreement (Polar Wireless Corp.)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary Holder shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary Holder on the books of ExchangeCothe Corporation. To cause the exercise of the Exchange Right by Trusteethe Holder, the Beneficiary Holder shall deliver to TrusteeWCL, in person or by certified or registered mail, at its principal corporate trust office in VancouverNisku, British Columbia or at such other places in Canada as Trustee may from time to time designate by written notice to the BeneficiariesAlberta, the certificates representing the Exchangeable Shares which such Beneficiary Holder desires Parent WCL to purchase, duly endorsed in blank for transferblank, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under the Business Corporations Act (Alberta), other applicable laws laws, if any, and the constating documents by-laws of ExchangeCo the Corporation and such additional documents and instruments as Trustee, Parent or ExchangeCo the Corporation may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary Holder thereby instructs Trustee to exercise exercises the Exchange Right so as to require Parent WCL to purchase from the Beneficiary Holder the number of Exchangeable Shares specified therein, (ii) that such Beneficiary Holder has good title to and owns all such Exchangeable Shares to be acquired by Parent WCL free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing Parent WII Common Shares Stock issuable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates the Exchangeable Share Consideration should be delivered; delivered and (b) payment (or evidence satisfactory to Trustee, ExchangeCo the Corporation and Parent WCL of payment) of the taxes (if any) payable as contemplated by Section 5.8 of this Agreement11.10 hereof. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to Trustee are to be purchased by Parent WCL under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder Holder at the expense of ExchangeCothe Corporation.

Appears in 1 contract

Samples: Exchange Rights Agreement (Weatherford International Inc /New/)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary Holder shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary Holder on the books of ExchangeCothe Corporation. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary Holder shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in Vancouver, British Columbia or at such other places in Canada place as the Trustee may from time to time designate by written notice to the BeneficiariesHolders, the certificates representing the Exchangeable Shares which that such Beneficiary Holder desires Parent Orbital to purchase, duly endorsed in blank for transferblank, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the CBCA and the constating documents by-laws of ExchangeCo the Corporation and such additional documents and instruments as Trustee, Parent or ExchangeCo the Trustee may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary Holder thereby instructs the Trustee to exercise the Exchange Right so as to require Parent Orbital to purchase from the Beneficiary Holder the number of Exchangeable Shares specified therein, (ii) that such Beneficiary Holder has good title to and owns all such Exchangeable Shares to be acquired by Parent Orbital free and clear of all liens, claims, security interests, adverse claims and encumbrancesLiens, (iii) the names in which the certificates representing Parent Orbital Common Shares issuable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; delivered and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo the Corporation and Parent Orbital of payment) of the taxes (if any) payable as contemplated by Section section 5.8 of this Agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent Orbital under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCothe Corporation.

Appears in 1 contract

Samples: Voting and Exchange Trust Agreement (Orbital Sciences Corp /De/)

Exercise Instructions. Subject to the terms and conditions herein set forthforth herein, a Beneficiary Shareholder shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct Trustee to exercise the Insolvency Exchange Right with respect to all or any part of the Exchangeable Non-Voting Shares registered in the name of such Beneficiary Shareholder on the books of ExchangeCoMergeco. To cause the exercise of the Insolvency Exchange Right by TrusteeRight, the Beneficiary Shareholder shall deliver to Trusteethe Parent, in person or by certified or registered mail, at its principal corporate trust office in Vancouver, British Columbia or at such other places in Canada as Trustee may from time to time designate by written notice to the Beneficiaries, mail the certificates representing the Exchangeable Non-Voting Shares which such Beneficiary Shareholder desires the Parent to purchase, duly endorsed in blank for transferblank, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Non-Voting Shares under applicable laws the Company Act (Quebec), and the constating documents articles of ExchangeCo Mergeco and such additional documents and instruments as Trustee, the Parent or ExchangeCo may reasonably require together with (a) a duly completed form of notice of exercise of the Insolvency Exchange Right, contained on the reverse of or attached to the Exchangeable Non-Voting Share certificates, stating (i) that the Beneficiary thereby instructs Trustee Shareholder elects to exercise the Insolvency Exchange Right so as to require the Parent to purchase from the Beneficiary Shareholder the number of Exchangeable Non-Voting Shares specified therein, (ii) that such Beneficiary Shareholder has good title to and owns all such Exchangeable Non-Voting Shares to be acquired by Parent free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names name in which the certificates representing Parent Common Shares issuable deliverable in connection with the exercise of the Insolvency Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; , and (b) payment (or evidence satisfactory to Trustee, ExchangeCo Mergeco and the Parent of payment) of the taxes (if any) payable as contemplated by Section 5.8 4.7 of this Agreement. If only a part of the Exchangeable Non-Voting Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by the Parent under the Insolvency Exchange Right, a new certificate for the balance of such Exchangeable Non-Voting Shares shall be issued to the holder Shareholder at the expense of ExchangeCoMergeco.

Appears in 1 contract

Samples: Exchange and Voting Agreement (Dream Team International Inc)

Exercise Instructions. Subject to the terms and conditions herein set forthforth herein, a Beneficiary Holder shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary Holder on the books of ExchangeCothe Company. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary Holder shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in VancouverToronto, British Columbia Ontario or at such other places in Canada as the Trustee may from time to time designate by written notice to the BeneficiariesHolders, the certificates representing the Exchangeable Shares which such Beneficiary Holder desires Parent Subco to purchase, duly endorsed in blank for transferblank, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the CBCA and the constating documents by-laws of ExchangeCo the Company and such additional documents and instruments as Trustee, Parent or ExchangeCo the Trustee may reasonably require require, together with with: (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating stating: (i) that the Beneficiary Holder thereby instructs the Trustee to exercise the Exchange Right so as to require Parent Subco to purchase from the Beneficiary Holder the number of Exchangeable Shares specified therein, (ii) that such Beneficiary Holder has good title to and owns all such Exchangeable Shares to be acquired by Parent Subco free and clear of all liens, claims, encumbrances, security interests, interests and adverse claims and encumbrancesor interests, (iii) the names in which the certificates representing Parent Common Shares Stock issuable in connection with the exercise of the Exchange Right are to be issued, and (iv) the names and addresses of the Persons persons to whom such new certificates the Exchangeable Share Consideration should be delivered; and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo the Company and Parent Subco of payment) of the taxes (if any) payable as contemplated by Section 5.8 5.9 of this Agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent Subco under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder Holder at the expense of ExchangeCo.the Company. 5.7

Appears in 1 contract

Samples: Voting and Exchange Trust Agreement (Pri Automation Inc)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary Holder shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, entitled to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary Holder on the books of ExchangeCoAlbertaco. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary Holder shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office offices in VancouverCalgary, British Columbia Alberta or Toronto, Ontario or at such other places in Canada as the Trustee may from time to time designate by written notice to the BeneficiariesHolders, the certificates representing the Exchangeable Shares which such Beneficiary Holder desires Parent USX to purchase, duly endorsed in blank for transferblank, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws law and the constating documents by-laws of ExchangeCo Albertaco and such additional documents and instruments as Trustee, Parent or ExchangeCo the Trustee may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary Holder thereby instructs the Trustee to exercise the Exchange Right so as to require Parent USX to purchase from the Beneficiary Holder the number of Exchangeable Shares specified therein, (ii) that such Beneficiary Holder has good title to and owns all such Exchangeable Shares to be acquired by Parent USX free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing Parent USX-Marathon Common Shares Stock issuable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates the Exchangeable Share Consideration should be delivered; delivered and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo Albertaco and Parent USX of payment) of the taxes (if any) payable as contemplated by Section 5.8 3.8 of this Agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent USX under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder Holder at the expense of ExchangeCoAlbertaco.

Appears in 1 contract

Samples: Arrangement Agreement (Usx Corp)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right Rights with respect to all or any part of the Exchangeable Shares of either class registered in the name of such Beneficiary on the books of ExchangeCoServiceSoft Canada. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in VancouverToronto, British Columbia Ontario or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares of the relevant class or classes which such Beneficiary desires Parent ServiceSoft to purchase, duly endorsed in blank for transferblank, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the Business Corporations Act (Ontario) and the constating documents by-laws of ExchangeCo ServiceSoft Canada and such additional documents and instruments as the Trustee, Parent or ExchangeCo ServiceSoft and ServiceSoft Canada may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange RightRight (in the form attached as Schedule "A" to this Agreement), contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent ServiceSoft to purchase from the Beneficiary the number and class of Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent ServiceSoft free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing Parent Common ServiceSoft Shares issuable of the relevant class deliverable in connection with the exercise of the Exchange Right and cheques for the balance of the purchase price, if any, are to be issued, and (iv) the names and addresses of the Persons persons to whom such new certificates and cheques for the balance of the purchase price, if any, should be delivered; delivered and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo ServiceSoft Canada and Parent ServiceSoft of payment) of the taxes (if any) payable as contemplated by Section section 5.8 of this Agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent ServiceSoft under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued by ServiceSoft Canada to the holder at the expense of ExchangeCoServiceSoft Canada.

Appears in 1 contract

Samples: Voting and Exchange Trust Agreement (Servicesoft Technologies Inc)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCothe Corporation. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in VancouverToronto, British Columbia Ontario or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which such Beneficiary desires Parent BackWeb to purchase, duly endorsed in blank for transferblank, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the Business Corporations Act (Ontario) and the constating documents by-laws of ExchangeCo the Corporation and such additional documents and instruments as Trustee, Parent or ExchangeCo the Trustee may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange RightRight (in the form attached as Schedule "A" to this Agreement), contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent BackWeb to purchase from the Beneficiary the number of Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent BackWeb free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing Parent Common BackWeb Ordinary Shares issuable deliverable in connection with the exercise of the Exchange Right and cheques for the balance of the purchase price, if any, are to be issued, and (iv) the names and addresses of the Persons persons to whom such new certificates and cheques for the balance of the purchase price, if any, should be delivered; delivered and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo the Corporation and Parent BackWeb of payment) of the taxes (if any) payable as contemplated by Section section 5.8 of this Agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent BackWeb under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued by the Corporation to the holder at the expense of ExchangeCothe Corporation.

Appears in 1 contract

Samples: Voting and Exchange Trust Agreement (Backweb Technologies LTD)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall will be entitled, upon the occurrence and during the continuance of an a Corporation Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCothe Corporation. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall will deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in VancouverToronto, British Columbia Ontario, or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which such Beneficiary desires Parent Pixelworks to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the Business Corporations Act (Ontario) and the constating documents articles and by-laws of ExchangeCo and such additional documents and instruments as Trustee, Parent or ExchangeCo the Corporation may reasonably require together with (a) a duly completed form from of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent Pixelworks to purchase from the Beneficiary the number of Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent free Pixelworks fee and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the name or names in which the certificates representing Parent shares of Pixelworks Common Shares Stock issuable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo the Corporation and Parent Pixelworks of payment) of the taxes (if any) payable as contemplated by Section 5.8 of this Agreementsection 5.8. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent Pixelworks under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall will be issued to the holder at the expense of ExchangeCothe Corporation.

Appears in 1 contract

Samples: Exchange Trust Agreement (Pixelworks Inc)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCo. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in VancouverMontreal, British Columbia Québec or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which such Beneficiary desires Parent Shire to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the CBCA and the constating documents by-laws of ExchangeCo and such additional documents and instruments as the Trustee, Parent Shire or ExchangeCo may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent Shire to purchase from the Beneficiary the number of Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent Shire free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing Parent Common Shire Ordinary Shares and/or Shire ADSs, as the case may be, issuable in connection with the exercise of the Exchange Right are to be issued, issued (or the necessary CREST or other electronic transfers effected) and (iv) the names and addresses of the Persons to whom such new certificates certificates, if any, should be delivered; delivered and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo and Parent Shire of payment) of the taxes (if any) payable as contemplated by Section 5.8 5.9 of this Agreementtrust agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent Shire under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCo.

Appears in 1 contract

Samples: Voting and Exchange Trust Agreement (Shire PLC)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCo. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in VancouverMontreal, British Columbia Quebec or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which such Beneficiary desires Parent Shire to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the CANADA BUSINESS CORPORATIONS ACT and the constating documents by-laws of ExchangeCo and such additional documents and instruments as the Trustee, Parent Shire or ExchangeCo may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent Shire to purchase from the Beneficiary the number of Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent Shire free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing Parent Common Shire Ordinary Shares and/or Shire ADSs, as the case may be, issuable in connection with the exercise of the Exchange Right are to be issued, issued (or the necessary CREST or other electronic transfers effected) and (iv) the names and addresses of the Persons to whom such new certificates certificates, if any, should be delivered; delivered and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo and Parent Shire of payment) of the taxes (if any) payable as contemplated by Section 5.8 5.9 of this Agreementtrust agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent Shire under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCo.

Appears in 1 contract

Samples: Merger Agreement (Shire Pharmaceuticals Group PLC)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCothe Corporation. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in VancouverToronto, British Columbia Ontario or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which such Beneficiary desires Parent Swissco to purchase, duly endorsed in blank for transferblank, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws and the constating documents of ExchangeCo OBCA and such additional documents and instruments as Trustee, Parent or ExchangeCo the Trustee may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent Swissco to purchase from the Beneficiary the number of Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent Swissco free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names and addresses in which the certificates representing the Parent Common Shares issuable deliverable in connection with the exercise of the Exchange Right and cheques for the balance of the purchase price, if any, are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates and cheques for the balance of the purchase price, if any, should be delivered; delivered and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo the Corporation and Parent Swissco of payment) of the taxes (if any) payable as contemplated by Section section 5.8 of this Agreementtrust agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent Swissco under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCothe Corporation.

Appears in 1 contract

Samples: Voting and Exchange Trust Agreement (Silicon Graphics Inc /Ca/)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCoAbitibiBowater Canada. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in VancouverToronto, British Columbia Ontario or Montreal, Québec or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which such Beneficiary desires Parent AbitibiBowater to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the Canada Business Corporations Act and the constating documents by-laws of ExchangeCo AbitibiBowater Canada and such additional documents and instruments as Trustee, Parent or ExchangeCo the Trustee may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent AbitibiBowater to purchase from the Beneficiary the number of Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent AbitibiBowater free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing Parent AbitibiBowater Common Shares issuable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; delivered and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo AbitibiBowater Canada and Parent AbitibiBowater of payment) of the taxes (if any) payable as contemplated by Section 5.8 of this Agreementsection 5.8. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent AbitibiBowater under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCoAbitibiBowater Canada.

Appears in 1 contract

Samples: Voting and Exchange Trust Agreement (AbitibiBowater Inc.)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary an Exchangeable Shareholder shall be entitled, upon the occurrence and during the continuance of an Insolvency Eventevent as provided by Subsection 2.1(i)(A) or (B), to instruct Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary Exchangeable Shareholder on the books of ExchangeCoSciax. To cause the exercise of the Exchange Right by TrusteeRight, the Beneficiary Exchangeable Shareholder shall deliver to TrusteeUgomedia, in person or by certified or registered mail, at its principal corporate trust office in Vancouver, British Columbia or at such other places in Canada place as Trustee Ugomedia may from time to time designate by written notice to the BeneficiariesExchangeable Shareholders, the certificates representing the Exchangeable Shares which such Beneficiary Exchangeable Shareholder desires Parent Ugomedia to purchase, duly endorsed in blank for transferblank, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws law and the constating documents by-laws of ExchangeCo Sciax and such additional documents and instruments as Trustee, Parent or ExchangeCo Ugomedia may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating Right stating: (i) that the Beneficiary Exchangeable Shareholder thereby instructs Trustee to exercise exercises the Exchange Right so as to require Parent Ugomedia to purchase from the Beneficiary such Exchangeable Shareholder the number of Exchangeable Shares specified therein, ; (ii) that such Beneficiary Exchangeable Shareholder has good title to and owns all such Exchangeable Shares to be acquired by Parent Ugomedia free and clear of all liens, claims, security interests, adverse claims and encumbrances, ; (iii) the names in which the certificates representing Parent Ugomedia Common Shares Stock issuable in connection with the exercise of the Exchange Right are to be issued, ; and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; , and (b) payment (or evidence of payment satisfactory to Trustee, ExchangeCo Sciax and Parent of paymentUgomedia) of the taxes (taxes, if any) , payable as contemplated by Section 5.8 of this Agreement2.8. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to Trustee Ugomedia are to be purchased by Parent Ugomedia under the Exchange Right, then a new certificate for the balance of such Exchangeable Shares shall be issued to the holder such Exchangeable Shareholder at the expense of ExchangeCoSciax and Ugomedia.

Appears in 1 contract

Samples: Exchange Right Agreement (Ugomedia Interactive Corp)

Exercise Instructions. Subject to the terms and conditions herein set forthforth herein, a Beneficiary shall be entitled, entitled upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary on the books of ExchangeCoCanco. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in Vancouver, British Columbia <@> or at such other places in Canada place as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares which such Beneficiary desires Parent RTO Acquiror to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws and the constating documents of ExchangeCo and such additional documents and instruments as Trustee, Parent or ExchangeCo RTO Acquiror and Canco may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent RTO Acquiror to purchase from the Beneficiary the number of Exchangeable Shares specified therein, (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares to be acquired by Parent RTO Acquiror free and clear of all liens, claims, security interests, adverse claims interests and encumbrances, (iii) the names in which the certificates representing Parent Common RTO Acquiror Shares issuable in connection with the exercise of the Exchange Right are to be issued, and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; , and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo RTO Acquiror and Parent Canco of payment) of the taxes (payable, if any) payable , as contemplated by Section 5.8 5.7 of this Agreementagreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent RTO Acquiror under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCoCanco.

Appears in 1 contract

Samples: Arrangement Agreement (Torchlight Energy Resources Inc)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary Holder shall be entitled, upon the occurrence and during the continuance of an Insolvency Event or a Default Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary Holder on the books of ExchangeCothe Corporation or the transfer agent, as applicable. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary Holder shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in VancouverToronto, British Columbia Ontario or at such other places in Canada place as the Trustee may from time to time designate by written notice to the BeneficiariesHolders, the certificates representing the Exchangeable Shares which that such Beneficiary Holder desires Parent Applied to purchase, duly endorsed in blank for transferblank, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the OBCA and the constating documents by-laws of ExchangeCo the Corporation and such additional documents and instruments as Trustee, Parent or ExchangeCo the Trustee may reasonably require together with (a) a duly completed form of notice of exercise of the Exchange Right, contained on in the reverse of form attached hereto as Schedule A, or attached to the Exchangeable Share certificates, stating (i) that the Beneficiary Holder thereby instructs the Trustee to exercise the Exchange Right so as to require Parent Applied to purchase from the Beneficiary Holder the number of Exchangeable Shares specified therein, (ii) that such Beneficiary Holder has good title to and owns all such Exchangeable Shares to be acquired by Parent Applied free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names in which the certificates representing Parent Applied Common Shares Stock issuable in connection with the exercise of the Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; delivered and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo the Corporation and Parent Applied of payment) of the taxes (if any) payable as contemplated by Section section 5.8 of this Agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent Applied under the Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder at the expense of ExchangeCothe Corporation.

Appears in 1 contract

Samples: Voting and Exchange Trust Agreement (Applied Cellular Technology Inc)

Exercise Instructions. Subject to the terms and conditions herein set forth, a Beneficiary shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct the Trustee to exercise the Exchange Right with respect to all or any part of the Exchangeable Shares Securities registered in the name of such Beneficiary on the books of ExchangeCoFLP. To cause the exercise of the Exchange Right by the Trustee, the Beneficiary shall deliver to the Trustee, in person or by certified or registered mail, at its principal corporate trust office in VancouverCalgary, British Columbia Alberta or at such other places in Canada as the Trustee may from time to time designate by written notice to the Beneficiaries, the certificates representing the Exchangeable Shares Securities which such Beneficiary desires Parent Enerplus to purchase, duly endorsed in blank for transfer, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares Securities under applicable laws and the constating documents of ExchangeCo Limited Partnership Agreement and such additional documents and instruments as the Trustee, Parent or ExchangeCo FLP and Enerplus may reasonably require together with with: (a) a duly completed form of notice of exercise of the Exchange Right, contained on the reverse of or attached to the Exchangeable Share Securities certificates, stating stating: (i) that the Beneficiary thereby instructs the Trustee to exercise the Exchange Right so as to require Parent Enerplus to purchase from the Beneficiary the number of Exchangeable Shares Securities specified therein, ; (ii) that such Beneficiary has good title to and owns all such Exchangeable Shares Securities to be acquired by Parent Enerplus free and clear of all liens, claims, security interests, adverse claims interests and encumbrances, ; (iii) the names in which the certificates representing Parent Common Shares Enerplus Units issuable in connection with the exercise of the Exchange Right are to be issued, ; and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; and (b) payment (or evidence satisfactory to the Trustee, ExchangeCo FLP and Parent Enerplus of payment) of the taxes (if any) payable as contemplated by Section 5.8 of this Agreement5.8. If only a part of the Exchangeable Shares Securities represented by any certificate or certificates delivered to the Trustee are to be purchased by Parent Enerplus under the Exchange Right, a new certificate for the balance of such Exchangeable Shares Securities shall be issued to the holder at the expense of ExchangeCoFLP.

Appears in 1 contract

Samples: Voting and Exchange Trust Agreement (Enerplus Resources Fund)

Exercise Instructions. Subject to the terms and conditions herein set forthforth herein, a Beneficiary Shareholder shall be entitled, upon the occurrence and during the continuance of an Insolvency Event, to instruct Trustee to exercise the Insolvency Exchange Right with respect to all or any part of the Exchangeable Shares registered in the name of such Beneficiary Shareholder on the books of ExchangeCoPurchaser. To cause the exercise of the Insolvency Exchange Right by TrusteeRight, the Beneficiary Shareholder shall deliver to Trusteethe Parent, in person or by certified or registered mail, at its principal corporate trust office in Vancouver, British Columbia or at such other places in Canada as Trustee may from time to time designate by written notice to the Beneficiaries, mail the certificates representing the Exchangeable Shares which such Beneficiary Shareholder desires the Parent to purchase, duly endorsed in blank for transferblank, and accompanied by such other documents and instruments as may be required to effect a transfer of Exchangeable Shares under applicable laws the Act, and the constating documents articles of ExchangeCo Purchaser and such additional documents and instruments as Trustee, the Parent or ExchangeCo may reasonably require together with (a) a duly completed form of notice of exercise of the Insolvency Exchange Right, contained on the reverse of or attached to the Exchangeable Non-Voting Share certificates, stating (i) that the Beneficiary thereby instructs Trustee Shareholder elects to exercise the Insolvency Exchange Right so as to require the Parent to purchase from the Beneficiary Shareholder the number of Exchangeable Shares specified therein, (ii) that such Beneficiary Shareholder has good title to and owns all such Exchangeable Shares to be acquired by Parent free and clear of all liens, claims, security interests, adverse claims and encumbrances, (iii) the names name in which the certificates representing Parent Common Shares issuable deliverable in connection with the exercise of the Insolvency Exchange Right are to be issued, issued and (iv) the names and addresses of the Persons persons to whom such new certificates should be delivered; , and (b) payment (or evidence satisfactory to Trustee, ExchangeCo Purchaser and the Parent of payment) of the taxes (if any) payable as contemplated by Section 5.8 4.7 of this Agreement. If only a part of the Exchangeable Shares represented by any certificate or certificates delivered to the Trustee are to be purchased by the Parent under the Insolvency Exchange Right, a new certificate for the balance of such Exchangeable Shares shall be issued to the holder Shareholder at the expense of ExchangeCoPurchaser.

Appears in 1 contract

Samples: Exchange and Voting Agreement (Internet Food Co Inc)

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