Common use of Grant and Ownership of the Exchange Right Clause in Contracts

Grant and Ownership of the Exchange Right. The Parent hereby grants to the Shareholders the right, upon the occurrence and during the continuance of an Insolvency Event, to require the Parent to purchase from each or any Shareholder all or any part of the Exchangeable Non-Voting Shares held by the Shareholder in accordance with the provisions of this Agreement (the "Insolvency Exchange Right"). The Parent hereby acknowledges receipt from the Shareholders of good and valuable consideration (and the adequacy thereof) for the issuance of the Insolvency Exchange Right to them.

Grant and Ownership of the Exchange Right. The Parent hereby grants to the Shareholders Holder the rightright (the "Exchange Right"), upon the occurrence and during the continuance of an Insolvency Event, to require the Parent to purchase from each or any Shareholder the Holder all or any part of the Exchangeable Non-Voting Shares held by the Shareholder Holder and the Automatic Exchange Rights, all in accordance with the provisions of this Agreement (the "Insolvency Exchange Right")Agreement. The Parent hereby acknowledges receipt from the Shareholders Holder of good and valuable consideration (and the adequacy sufficiency thereof) for the issuance grant of the Insolvency Exchange Right and the Automatic Exchange Right by the Parent to themthe Holder.

Grant and Ownership of the Exchange Right. The Parent hereby grants to the Shareholders the right, upon the occurrence and during the continuance of an Insolvency Event, to require the Parent to purchase from each or any Shareholder all or any part of the Exchangeable Non-Voting Shares held by the Shareholder in accordance with the provisions of this Agreement (the "“Insolvency Exchange Right"”). The Parent hereby acknowledges receipt from the Shareholders of good and valuable consideration (and the adequacy thereof) for the issuance of the Insolvency Exchange Right to them.

Grant and Ownership of the Exchange Right. The Parent hereby grants to the Shareholders the right, upon the occurrence and during the continuance of an Insolvency Event, to require the Parent to purchase from each or any Shareholder all or any part of the Exchangeable Non-Non- Voting Shares held by the Shareholder in accordance with the provisions of this Agreement (the "Insolvency Exchange Right"). The Parent hereby acknowledges receipt from the Shareholders of good and valuable consideration (and the adequacy thereof) for the issuance of the Insolvency Exchange Right to them.