Common use of Partial Acceptance or Rejection of Subscription Clause in Contracts

Partial Acceptance or Rejection of Subscription. The Corporation may, in its absolute discretion, accept or reject the Subscriber's subscription for Units as set forth in this Subscription Agreement, in whole or in part, and the Corporation reserves the right to allot to the Subscriber less than the amount of Units subscribed for under this Subscription Agreement. Notwithstanding the foregoing, the Subscriber acknowledges and agrees that the acceptance of this Subscription Agreement will be conditional upon among other things, the sale of the Units to the Subscriber being exempt from any prospectus and offering memorandum requirements of applicable securities laws. The Corporation will be deemed to have accepted this Subscription Agreement upon the delivery at Closing of the certificates representing the Underlying Securities to the Subscriber or upon the direction of the Subscriber in accordance with the provisions hereof. If this Subscription Agreement is rejected in whole, any certified cheque(s) or bank draft(s) delivered by the Subscriber on account of the Aggregate Subscription Amount for the Units subscribed for will be promptly returned to the Subscriber without interest. If this Subscription Agreement is accepted only in part, a cheque representing the amount by which the payment delivered by the Subscriber exceeds the subscription price of the number of Units sold to the Subscriber pursuant to a partial acceptance of this Subscription Agreement will be promptly delivered to the Subscriber without interest.

Partial Acceptance or Rejection of Subscription. The Corporation may, in its absolute discretion, accept or reject the Subscriber's ’s subscription for Units Common Shares as set forth in this Subscription Agreement, in whole or in part, and the Corporation reserves the right to allot to the Subscriber less than the amount of Units Common Shares subscribed for under this Subscription Agreement. Notwithstanding the foregoing, the The Subscriber acknowledges and agrees that the acceptance of this Subscription Agreement will be conditional upon upon, among other things, the sale of the Units Common Shares to the Subscriber being exempt from any prospectus and requirement or requirement to deliver an offering memorandum requirements pursuant to Securities Laws and the equivalent provisions of securities laws of any other applicable securities laws. The Corporation will be deemed to have accepted this Subscription Agreement upon the delivery at Closing of the certificates representing the Underlying Securities jurisdiction and, to the Subscriber or upon the direction of extent possible, the Subscriber in accordance agrees to furnish the Corporation with the provisions hereofall information that is reasonably necessary to confirm same. If this Subscription Agreement is rejected in whole, any certified cheque(s) cheque, money order, bank draft or bank draft(s) other form of payment delivered by the Subscriber to the Corporation on account of the Aggregate Subscription Amount Price for the Units Common Shares subscribed for will be promptly returned to the Subscriber without interestany interest paid on such amount. If this Subscription Agreement is accepted only in part, a cheque payment representing the amount by which the payment delivered by the Subscriber exceeds the subscription price of the number of Units Common Shares sold to the Subscriber pursuant to a partial acceptance of this Subscription Agreement will be promptly delivered to the Subscriber without interestany interest paid on such amount.

Partial Acceptance or Rejection of Subscription. The Corporation may, in its absolute discretion, accept or reject the Subscriber's ’s subscription for Units Notes as set forth in this Subscription Agreement, in whole or in part, and the Corporation reserves the right to allot to the Subscriber less than the amount of Units Notes subscribed for under this Subscription Agreement. Notwithstanding the foregoing, the Subscriber acknowledges and agrees that the acceptance of this Subscription Agreement will be conditional upon among other things, the sale of the Units Notes to the Subscriber being exempt from any prospectus and offering memorandum requirements of applicable securities laws. The Corporation will be deemed to have accepted this Subscription Agreement upon the delivery at Closing of the certificates representing the Underlying Securities Notes to the Subscriber or upon the direction of the Subscriber in accordance with the provisions hereof. If this Subscription Agreement is rejected in whole, any certified cheque(s) or bank draft(s) delivered by the Subscriber to the Corporation on account of the Aggregate Subscription Amount for the Units Notes subscribed for will be promptly returned to the Subscriber without interestinterest or deduction. If this Subscription Agreement is accepted only in part, a cheque representing the amount by which the payment delivered by the Subscriber to the Corporation exceeds the subscription price of the number of Units Notes sold to the Subscriber pursuant to a partial acceptance of this Subscription Agreement Agreement, will be promptly delivered to the Subscriber without interestinterest or deduction.

Partial Acceptance or Rejection of Subscription. The Corporation may, in its absolute discretion, accept or reject the Subscriber's ’s subscription for Units Preferred Shares as set forth in this Subscription Agreement, in whole or in part, and the Corporation reserves the right to allot to the Subscriber less than the amount of Units Preferred Shares subscribed for under this Subscription Agreement. Notwithstanding the foregoing, the Subscriber acknowledges and agrees that the acceptance of this Subscription Agreement will be conditional upon among other things, the sale of the Units Preferred Shares to the Subscriber being exempt from any prospectus and offering memorandum requirements of applicable securities laws. The Corporation will be deemed to have accepted this Subscription Agreement upon the delivery at Closing of the certificates representing the Underlying Securities Preferred Shares to the Subscriber or upon the direction of the Subscriber in accordance with the provisions hereof. If this Subscription Agreement is rejected in whole, any certified cheque(s) or bank draft(s) delivered by the Subscriber on account of the Aggregate Subscription Amount for the Units Preferred Shares subscribed for will be promptly returned to the Subscriber without interest. If this Subscription Agreement is accepted only in part, a cheque representing the amount by which the payment delivered by the Subscriber exceeds the subscription price of the number of Units Preferred Shares sold to the Subscriber pursuant to a partial acceptance of this Subscription Agreement will be promptly delivered to the Subscriber without interest.

Partial Acceptance or Rejection of Subscription. The Corporation may, in its absolute discretion, accept or reject the Subscriber's subscription for Units Subscription Receipts as set forth in this Subscription Agreement, in whole or in part, and the Corporation reserves the right to direct the Underwriters to allot to the Subscriber less than the amount of Units Subscription Receipts subscribed for under this Subscription Agreement. Notwithstanding the foregoing, the The Subscriber acknowledges and agrees that the acceptance of this Subscription Agreement will be conditional upon upon, among other things, the sale of the Units Subscription Receipts to the Subscriber being exempt from any prospectus and offering memorandum requirements of applicable securities laws. The Corporation will be deemed to have accepted this Subscription Agreement upon the delivery at Closing of the certificates representing the Underlying Securities Laws and, to the Subscriber or upon the direction of extent possible, the Subscriber in accordance agrees to furnish the Corporation with the provisions hereofall information that is reasonably necessary to confirm same. If this Subscription Agreement is rejected in whole, any certified cheque(s) cheque, money order, bank draft or bank draft(s) other form of payment delivered by the Subscriber to CIBC on account of the Aggregate Subscription Amount Price for the Units Subscription Receipts subscribed for will be promptly returned to the Subscriber without interestany interest paid or penalty on such amount. If this Subscription Agreement is accepted only in part, a cheque payment representing the amount by which the payment delivered by the Subscriber to CIBC exceeds the subscription price of the number of Units Subscription Receipts sold to the Subscriber pursuant to a partial acceptance of this Subscription Agreement will be promptly delivered to the Subscriber without interestany interest paid or penalty on such amount.