Common use of Holding Proceeds of Rights Offering Clause in Contracts

Holding Proceeds of Rights Offering. A. All proceeds received by Computershare from Shareholders in respect of the exercise of Rights shall be held by Computershare, on behalf of the Company, in a segregated account (the “Account”). No interest shall accrue to the Company or shareholders on funds held in the Account pending disbursement in the manner described in Section 4(E) above. B. Computershare shall deliver all proceeds received in respect of the exercise of Rights to the Company as promptly as practicable, but in no event later than ten business days after the Confirmation Date. Proceeds will be provided via wire transfer in accordance with the Company’s instructions unless the Company requests other delivery. For avoidance of doubt, the Company will receive gross proceeds less any funds returned to Shareholders in connection with their exercise of the Over-Subscription Privilege. C. The Company acknowledges that the bank accounts maintained by Computershare in connection with the services provided under this Agreement will be in Computershare’s name and that Computershare may receive investment earnings in connection with the investment at Computershare’s risk and for its benefit of funds held in those accounts from time to time.

Holding Proceeds of Rights Offering. A. All proceeds received by Computershare from Shareholders in respect of the exercise of Rights shall be held by Computershare, on behalf of the CompanyFund, in a segregated account (the “Account”). No interest shall accrue to the Company Fund or shareholders on funds held in the Account pending disbursement in the manner described in Section 4(E) above. B. Computershare shall deliver all proceeds received in respect of the exercise of Rights to the Company Fund as promptly as practicable, but in no event later than ten three business days after the Confirmation Date. Proceeds will be provided via wire transfer in accordance with the CompanyFund’s instructions unless the Company Fund requests other delivery. For avoidance of doubt, the Company Fund will receive gross proceeds less any funds returned to Shareholders in connection with their exercise of the Over-Subscription Privilege. C. The Company Fund acknowledges that the bank accounts maintained by Computershare in connection with the services provided under this Agreement will be in Computershare’s name and that Computershare may receive investment earnings in connection with the investment at Computershare’s risk and for its benefit of funds held in those accounts from time to time.

Holding Proceeds of Rights Offering. A. All proceeds received by Computershare from Shareholders in respect of the exercise of Rights shall be held by Computershare, on behalf of the Company, in a segregated account (the “"Account”"). No interest shall accrue to the Company Fund or shareholders on funds held in the Account pending disbursement in the manner described in Section 4(E) above. B. Computershare shall deliver all proceeds received in respect of the exercise of Rights to the Company Fund as promptly as practicable, but in no event later than ten business days after the Confirmation Date. Proceeds will be provided via wire transfer in accordance with the Company’s instructions unless the Company Fund requests other delivery. For avoidance of doubt, the Company Fund will receive gross proceeds less any funds returned to Shareholders in connection with their exercise of the Over-Subscription Privilege. C. The Company Fund acknowledges that the bank accounts maintained by Computershare in connection with the services provided under this Agreement will be in Computershare’s name and that Computershare may receive investment earnings in connection with the investment at Computershare’s risk and for its benefit of funds held in those accounts from time to time.

Holding Proceeds of Rights Offering. A. All proceeds received by Computershare from Shareholders in respect of the exercise of Rights shall be held by Computershare, on behalf of the CompanyFund, in a segregated account (the “Account”). No interest shall accrue to the Company Fund or shareholders on funds held in the Account pending disbursement in the manner described in Section 4(E) above. B. Computershare shall deliver all proceeds received in respect of the exercise of Rights to the Company Fund as promptly as practicable, but in no event later than ten business days after the Confirmation Date. Proceeds will be provided via wire transfer in accordance with the CompanyFund’s instructions unless the Company Fund requests other delivery. For avoidance of doubt, the Company Fund will receive gross proceeds less any funds returned to Shareholders in connection with their exercise of the Over-Subscription Privilege. C. The Company Fund acknowledges that the bank accounts maintained by Computershare in connection with the services provided under this Agreement will be in Computershare’s name and that Computershare may receive investment earnings in connection with the investment at Computershare’s risk and for its benefit of funds held in those accounts from time to time.