Common use of Performance of Covenants by Special Warrant Agent Clause in Contracts

Performance of Covenants by Special Warrant Agent. That if the Corporation shall fail to perform any of its covenants contained in this Special Warrant Indenture and the Corporation has not rectified such failure within 10 Business Days after receiving notice of such failure by the Special Warrant Agent, the Special Warrant Agent may notify the Special Warrantholders of such failure on the part of the Corporation or may itself perform any of the covenants capable of being performed by it, but shall be under no obligation to perform said covenants or to notify the Special Warrantholdersof such performance by it. No such performance, expenditure or advance by the Special Warrant Agent shall relieve the Corporation of any default hereunder or of its continuing obligations under the covenants herein contained.

Appears in 5 contracts

Samples: Special Warrant Indenture, Special Warrant Indenture, Special Warrant Indenture

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Performance of Covenants by Special Warrant Agent. That if If the Corporation shall fail to perform any of its covenants contained in this Special Warrant Indenture and the Corporation has not rectified such failure within 10 Business Days after receiving notice of such failure by the Special Warrant Agent, the Special Warrant Agent may notify the Special Warrantholders of such failure on the part of the Corporation or may itself perform any of the covenants capable of being performed by it, but shall be under no obligation to perform said covenants or to notify the Special Warrantholdersof Warrantholders of such performance by it. No such performance, expenditure or advance by the Special Warrant Agent shall relieve the Corporation of any default hereunder or of its continuing obligations under the covenants herein contained.

Appears in 3 contracts

Samples: Special Warrant Indenture (Aurora Cannabis Inc), Special Warrant Indenture (DHX Media Ltd.), Special Warrant Indenture

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Performance of Covenants by Special Warrant Agent. That if β€Œ If the Corporation Company shall fail to perform any of its covenants contained in this Special Warrant Indenture and the Corporation Company has not rectified such failure within 10 ten (10) Business Days after receiving notice of such failure by the Special Warrant Agent, the Special Warrant Agent may notify the Special Warrantholders of such failure on the part of the Corporation Company or may itself perform any of the covenants capable of being performed by itit but, but shall be under no obligation to perform said covenants or to notify the Special Warrantholdersof Warrantholders of such performance by it. No such performance, expenditure or advance by the Special Warrant Agent shall relieve the Corporation Company of any default hereunder or of its continuing obligations under the covenants herein contained.

Appears in 1 contract

Samples: Special Warrant Indenture

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