Common use of Limitation and Proscription Clause in Contracts

Limitation and Proscription. To the extent that a Former CRH Shareholder shall not have complied with the provisions of Section 5.1 or Section 5.2 hereof on or before the date that is six (6) years after the Effective Date (the “Final Proscription Date”), then the Share Consideration that such Former CRH Shareholder was entitled to receive shall be automatically cancelled without any repayment of capital in respect thereof and the Share Consideration to which such Former CRH Shareholder was entitled shall be delivered to the Purchaser by the Depositary.

Appears in 4 contracts

Samples: Second Amending Agreement (CRH Medical Corp), Amending Agreement (CRH Medical Corp), Arrangement Agreement (CRH Medical Corp)

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