Common use of If Share Transfer Books Closed Clause in Contracts

If Share Transfer Books Closed. The Corporation shall not be required to deliver certificates for Warrant Shares while the share transfer books of the Corporation are properly closed, including prior to any meeting of shareholders or for the payment of dividends or for any other purpose and in the event of the surrender of any Warrant in accordance with the provisions hereof, and the making of any subscription and payment for the Warrant Shares called for thereby during any such period delivery of certificates for Warrant Shares may be postponed for a period of three (3) Business Days after the date of the re-opening of said share transfer books.

If Share Transfer Books Closed. The Corporation shall not be required to deliver certificates for Warrant or other evidence of Class B Common Shares while the share transfer books of the Corporation are properly closed, including prior to any meeting of shareholders or for the payment of dividends or for any other purpose purpose, and in the event of the surrender of any Warrant in accordance with the provisions hereof, hereof and the making of any subscription and payment for the Warrant Class B Common Shares called for thereby during any such period period, delivery of certificates for Warrant or other evidence of Class B Common Shares may be postponed for a period of three not exceeding five (35) Business Days after the date of the re-opening of said share transfer books.