Common use of Manner of Exercise of Right to Convert Clause in Contracts

Manner of Exercise of Right to Convert. (a) The holder of a Debenture desiring to convert such Debenture in whole or in part into Shares shall surrender such Debenture to the Trustee at its principal office in Vancouver, British Columbia, together with the conversion notice in the form attached as Schedule II on the back of such Debenture or any other written notice in a form satisfactory to the Trustee and the Corporation, in either case duly executed by the holder or its executors or administrators or other legal representatives or its or their attorney duly appointed by an instrument in writing in form and executed in a manner satisfactory to the Trustee, exercising its right to convert such Debenture in accordance with the provisions of this Article 5. Thereupon such Debentureholder or, subject to payment of all applicable stamp or security transfer taxes or other governmental charges and compliance with all reasonable requirements of the Trustee, its nominee(s) or assignee(s), shall be entitled to be entered in the books of the Corporation as at the Date of Conversion (or such later date as is specified Section 5.3(b)) as the holder of the number of Shares into which such Debenture is convertible in accordance with the provisions of this Article 5 and, as soon as practicable thereafter, the Corporation shall deliver to such Debentureholder or, subject as aforesaid, its nominee(s) or assignee(s), a certificate or other evidence of such Shares.

Appears in 2 contracts

Samples: NexGen Energy Ltd., NexGen Energy Ltd.

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Manner of Exercise of Right to Convert. (a) The holder of a Debenture desiring to convert such Debenture in whole or in part into Shares shall surrender such Debenture to the Trustee at its principal office in Vancouver, British Columbia, together with the conversion notice in the form attached as Schedule II on the back of such Debenture or any other written notice in a form satisfactory to the Trustee and the Corporation, in either case duly executed by the holder or its executors or administrators or other legal representatives or its or their attorney duly appointed by an instrument in writing in form and executed in a manner satisfactory to the Trustee, exercising its right to convert such Debenture in accordance with the provisions of this Article 5Article. Thereupon such Debentureholder or, subject to payment of all applicable stamp or security transfer taxes or other governmental charges and compliance with all reasonable requirements of the Trustee, its nominee(s) or assignee(s), shall be entitled to be entered in the books of the Corporation as at the Date of Conversion (or such later date as is specified Section 5.3(b)) as the holder of the number of Shares into which such Debenture is convertible in accordance with the provisions of this Article 5 and, as soon as practicable thereafter, the Corporation shall deliver to such Debentureholder or, subject as aforesaid, its nominee(s) or assignee(s), a certificate or other evidence of such Shares.

Appears in 2 contracts

Samples: Trust Indenture (NexGen Energy Ltd.), www.otcmarkets.com

Manner of Exercise of Right to Convert. (a1) The holder Holder of a Debenture desiring Note wishing to convert such Debenture Note in whole or in part into Common Shares shall surrender such Debenture Note prior to the Time of Expiry or, if by facsimile transmission, deliver such facsimile transmission prior to the Time of Expiry and surrender such original Note within three Business Days thereafter, to the Trustee at its principal office offices in the City of Vancouver, British Columbia, together with the conversion notice in the form attached as Schedule II on the back of such Debenture Note or any other written notice in a form and substance satisfactory to the Trustee and the CorporationTrustee, in either case duly executed by the holder Holder or its the Holder's executors or administrators or other legal representatives or its or their attorney duly appointed by an instrument in writing and in form and executed in a manner substance satisfactory to the Trustee, exercising its the Holder's right to convert such Debenture Note in accordance with the provisions of this Article 54 and further together with documentation to satisfy the restrictive legend on the Note Certificate. Notice shall also be provided to the Corporation by delivering to it a copy of such documentation. Thereupon such Debentureholder Noteholder or, subject to payment of all applicable stamp or taxes, security transfer taxes or other governmental charges and compliance with all reasonable requirements of the Trustee, its nominee(s) such Noteholder's nominee or assignee(s), assignee shall be entitled to be entered in the books of the Corporation as at the Date of Conversion (or such later date as is specified Section 5.3(b)) as the holder of the number of Shares into which such Debenture is convertible defined in accordance with the provisions of this Article 5 and, as soon as practicable thereafter, the Corporation shall deliver to such Debentureholder or, subject as aforesaid, its nominee(s) or assignee(s), a certificate or other evidence of such Shares.subsection

Appears in 1 contract

Samples: Crystallex International Corp

Manner of Exercise of Right to Convert. (a) The holder of a Debenture desiring to convert such Debenture the Conversion Amount thereof in whole or in part into Common Shares shall surrender such Debenture to the Trustee at its principal office offices in Vancouverthe City of Toronto, British Columbia, Ontario together with the conversion notice in attached hereto as the form attached as “Conversion Notice” at Schedule II on the back of such Debenture A or any other written notice in a form satisfactory to the Trustee and the CorporationTrustee, in either case duly executed by the holder or its his executors or administrators or other legal representatives or its his or their attorney duly appointed by an instrument in writing in form and executed in a manner satisfactory to the Trustee, exercising its his right to convert such Debenture Conversion Amount in accordance with the provisions of this Article 5Article; provided that with respect to a Global Debenture, the obligation to surrender a Debenture to the Trustee shall be satisfied if the Trustee makes notation on the Global Debenture of the Conversion Amount so converted and the Trustee is provided with all other documentation which it may request. Thereupon such Debentureholder or, subject to payment of all applicable stamp or security transfer taxes or other governmental charges and compliance with all reasonable requirements of the Trustee, its his nominee(s) or assignee(s), ) shall be entitled to be entered in the books of the Corporation as at the Date of Conversion (or such later date as is specified in Section 5.3(b6.2(b)) as the holder of the number of Common Shares into which such Debenture is convertible in accordance with the provisions of this Article 5 and, as soon as practicable thereafter, the Corporation shall deliver to such Debentureholder or, subject as aforesaid, its his nominee(s) or assignee(s), a certificate or other evidence of certificates for such Common Shares.

Appears in 1 contract

Samples: Debenture Indenture

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Manner of Exercise of Right to Convert. (a) The holder of a Debenture desiring to convert such Debenture in whole or in part into Common Shares shall surrender such Debenture to the Indenture Trustee at its principal office in Vancouver, British Columbia, the City of Halifax together with the conversion notice in the form attached as Schedule II on the back of such Debenture or any other written notice in a form satisfactory to the Trustee and the CorporationIndenture Trustee, in either case duly executed by the holder or its his executors or administrators or other legal representatives or its his or their attorney duly appointed by an instrument in writing in form and executed in a manner satisfactory to the Indenture Trustee, exercising its his right to convert such Debenture in accordance with the provisions of this Article 5Article. Thereupon such Debentureholder or, subject to payment of all applicable stamp or security transfer taxes or other governmental charges and compliance with all reasonable requirements of the Indenture Trustee, its his nominee(s) or assignee(s), shall be entitled to be entered in the books of the Corporation as at the Date of Conversion (or such later date as is specified in Section 5.3(b6.4(b)) as the holder of the number of Common Shares into which such Debenture is convertible in accordance with the provisions of this Article 5 and, as soon as practicable thereafter, the Corporation shall deliver to such Debentureholder or, subject as aforesaid, its his nominee(s) or assignee(s), a certificate or other evidence of certificates for such Shares.Common Shares.‌‌

Appears in 1 contract

Samples: Trust Indenture

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