Common use of Performance of Covenants by Subscription Receipt Agent Clause in Contracts

Performance of Covenants by Subscription Receipt Agent. If the Corporation shall fail to perform any of its covenants contained in this Agreement, the Subscription Receipt Agent may notify the Receiptholders of such failure on the part of the Corporation or may itself perform any of the said covenants capable of being performed by it, but shall be under no obligation to perform said covenants or to notify the Receiptholders of such performance by it. All sums expended or advanced by the Subscription Receipt Agent in so doing shall be repayable as provided in Section 5.3. No such performance, expenditure or advance by the Subscription Receipt Agent shall relieve the Corporation of any default hereunder or of its continuing obligations under the covenants contained herein.

Appears in 4 contracts

Samples: Subscription Receipt Agreement, Subscription Receipt Agreement (Gran Tierra Energy Inc.), Subscription Receipt Agreement

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Performance of Covenants by Subscription Receipt Agent. If the Corporation shall fail to perform any of its covenants contained in this Agreement, the Subscription Receipt Agent may notify the Receiptholders of such failure on the part of the Corporation or may itself perform any of the said covenants capable of being performed by it, but shall be under no obligation to perform said covenants or to notify the Receiptholders of such performance by it. All sums expended or advanced by the Subscription Receipt Agent in so doing shall be repayable as provided in Section 5.36.3. No such performance, expenditure or advance by the Subscription Receipt Agent shall relieve the Corporation of any default hereunder or of its continuing obligations under the covenants contained herein.

Appears in 4 contracts

Samples: Subscription Receipt Agreement (Cae Inc), Subscription Receipt Agreement (Cae Inc), sedar-filings-backup.thecse.com

Performance of Covenants by Subscription Receipt Agent. If the Corporation shall fail to perform any of its covenants contained in this Agreement, the Subscription Receipt Agent may notify the Receiptholders and the Lead Underwriter, on behalf of the Underwriters, of such failure on the part of the Corporation or may itself perform any of the said covenants capable of being performed by it, but shall be under no obligation to perform said covenants or to notify the Receiptholders of such performance by it. All sums expended or advanced by the Subscription Receipt Agent in so doing shall be repayable as provided in Section 5.3. No such performance, expenditure or advance by the Subscription Receipt Agent shall relieve the Corporation of any default hereunder or of its continuing obligations under the covenants contained herein.

Appears in 2 contracts

Samples: Subscription Receipt Agreement (Bellatrix Exploration Ltd.), Subscription Receipt Agreement (Manulife Financial Corp)

Performance of Covenants by Subscription Receipt Agent. If the Corporation shall fail to perform any of its covenants contained in this Agreement, the Subscription Receipt Agent may notify the Receiptholders and the Lead Underwriter, on behalf of the Underwriters, of such failure on the part of the Corporation or may itself perform any of the said covenants capable of being performed by it, but shall be under no obligation to perform said covenants or to notify the Receiptholders and the Lead Underwriter on behalf of the Underwriters of such performance by it. All sums expended or advanced by the Subscription Receipt Agent in so doing shall be repayable as provided in Section 5.3. No such performance, expenditure or advance by the Subscription Receipt Agent shall relieve the Corporation of any default hereunder or of its continuing obligations under the covenants contained herein.

Appears in 2 contracts

Samples: Subscription Receipt Agreement (Gran Tierra Energy Inc.), Subscription Receipt Agreement (Gran Tierra Energy Inc.)

Performance of Covenants by Subscription Receipt Agent. If the Corporation Company shall fail to perform any of its respective covenants contained in this Agreement, the Subscription Receipt Agent may notify the Receiptholders holders of such failure on the part of the Corporation Company or may itself perform any of the said covenants capable of being performed by it, it but shall be under no obligation to perform said covenants or to notify the Receiptholders holders of such performance or non-performance by it. All sums expended or advanced by the Subscription Receipt Agent in so doing shall be repayable as provided in Section 5.3. No such performance, expenditure or advance by the Subscription Receipt Agent shall relieve the Corporation Company of any default hereunder or of its continuing obligations under the covenants contained hereinherein contained.

Appears in 2 contracts

Samples: Receipt Agreement (Adira Energy Ltd.), Subscription Receipt Agreement

Performance of Covenants by Subscription Receipt Agent. If the Corporation shall fail to perform any of its covenants contained in this Agreement, the Subscription Receipt Agent may notify the Receiptholders of such failure on the part of the Corporation or may itself perform any of the said covenants capable of being performed by it, but shall be under no obligation to perform said covenants or to notify the Receiptholders of such performance by it. All sums expended or advanced by the Subscription Receipt Agent in so doing shall be repayable as provided in Section 5.36.2 hereof. No such performance, expenditure or advance by the Subscription Receipt Agent shall relieve the Corporation of any default hereunder or of its continuing obligations under the covenants contained herein.

Appears in 1 contract

Samples: Receipt Agreement

Performance of Covenants by Subscription Receipt Agent. If the Corporation shall fail fails to perform any of its covenants contained in the obligations thereof under this Agreement, the Subscription Receipt Agent may notify the Subscription Receiptholders of such failure on the part of the Corporation or may itself perform any of the said covenants such obligations capable of being performed by itthe Subscription Receipt Agent, but shall be under the Subscription Receipt Agent will have no obligation to perform said covenants or to notify the Subscription Receiptholders of such performance by itthat it is so doing. All sums amounts expended or advanced by the Subscription Receipt Agent in so doing shall will be repayable as provided in Section 5.35.2 hereof. No such performance, expenditure or advance by the Subscription Receipt Agent shall will relieve the Corporation of any default hereunder or of its continuing obligations under the covenants contained hereinhereunder.

Appears in 1 contract

Samples: Subscription Receipt Agreement

Performance of Covenants by Subscription Receipt Agent. If the Corporation shall fail to perform any of its covenants contained in this Agreement, the Subscription Receipt Agent may notify the Receiptholders and the Agents of such failure on the part of the Corporation or may itself perform any of the said covenants capable of being performed by it, but shall be under no obligation to perform said covenants or to notify the Receiptholders of such performance by it. All sums expended or advanced by the Subscription Receipt Agent in so doing shall be repayable as provided in Section 5.3. No such performance, expenditure or advance by the Subscription Receipt Agent shall relieve the Corporation of any default hereunder or of its continuing obligations under the covenants contained herein.

Appears in 1 contract

Samples: Subscription Receipt Agreement (Obsidian Energy Ltd.)

Performance of Covenants by Subscription Receipt Agent. If the Corporation shall fail to perform any of its covenants contained in this Agreement, the Subscription Receipt Agent may notify the Receiptholders and the Agent of such failure on the part of the Corporation or may itself perform any of the said covenants capable of being performed by it, but shall be under no obligation to perform said covenants or to notify the Receiptholders of such performance by it. All sums expended or advanced by the Subscription Receipt Agent in so doing shall be repayable as provided in Section 5.37.2. No such performance, expenditure or advance by the Subscription Receipt Agent shall relieve the Corporation of any default hereunder or of its continuing obligations under the covenants contained herein.

Appears in 1 contract

Samples: Receipt Agreement

Performance of Covenants by Subscription Receipt Agent. If the Corporation shall fail to perform any of its covenants contained in this Agreement, the Subscription Receipt Agent may notify the Receiptholders and the Agent of such failure on the part of the Corporation or may itself perform any of the said covenants capable of being performed by it, but shall be under no obligation to perform said covenants or to notify the Receiptholders of such performance by it. All sums expended or advanced by the Subscription Receipt Agent in so doing shall be repayable as provided in Section 5.3. No such performance, expenditure or advance by the Subscription Receipt Agent shall relieve the Corporation of any default hereunder or of its continuing obligations under the covenants contained herein.

Appears in 1 contract

Samples: Subscription Receipt Agreement (Engine Gaming & Media, Inc.)

Performance of Covenants by Subscription Receipt Agent. If the Corporation shall fail to perform any of its covenants contained in this Agreement, the Subscription Receipt Agent may notify the Receiptholders and the Lead Agent of such failure on the part of the Corporation or may itself perform any of the said covenants capable of being performed by it, but shall be under no obligation to perform said covenants or to notify the Receiptholders of such performance by it. All sums expended or advanced by the Subscription Receipt Agent in so doing shall be repayable as provided in Section 5.37.2 of this Agreement. No such performance, expenditure or advance by the Subscription Receipt Agent shall relieve the Corporation of any default hereunder or of its continuing obligations under the covenants contained herein.

Appears in 1 contract

Samples: Subscription Receipt Agreement

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Performance of Covenants by Subscription Receipt Agent. If the Corporation Company shall fail to perform any of its covenants contained in this Agreement, the Subscription Receipt Agent may notify the Receiptholders and the Agents of such failure on the part of the Corporation Company or may itself perform any of the said covenants capable of being performed by it, but shall be under no obligation to perform said covenants or to notify the Receiptholders of such performance by it. All sums expended or advanced by the Subscription Receipt Agent in so doing shall be repayable as provided in Section 5.34.2. No such performance, expenditure or advance by the Subscription Receipt Agent shall relieve the Corporation Company of any default hereunder or of its continuing obligations under the covenants contained herein.

Appears in 1 contract

Samples: Receipt Agreement (Us Geothermal Inc)

Performance of Covenants by Subscription Receipt Agent. If the Corporation shall fail to perform any of its covenants contained in this Agreement, the Subscription Receipt Agent may notify the Receiptholders and Canaccord Genuity of such failure on the part of the Corporation or may itself perform any of the said covenants capable of being performed by it, but shall be under no obligation to perform said covenants or to notify the Receiptholders of such performance by it. All sums expended or advanced by the Subscription Receipt Agent in so doing shall be repayable as provided in Section 5.37.3. No such performance, expenditure or advance by the Subscription Receipt Agent shall relieve the Corporation of any default hereunder or of its continuing obligations under the covenants contained herein.

Appears in 1 contract

Samples: Subscription Receipt Agreement (Amaya Inc.)

Performance of Covenants by Subscription Receipt Agent. If the Corporation shall fail fails to perform any of its covenants contained in the obligations thereof under this Agreement, the Subscription Receipt Agent may notify the Subscription Receiptholders of such failure on the part of the Corporation or may itself perform any of the said covenants such obligations capable of being performed by itthe Subscription Receipt Agent, but shall be under the Subscription Receipt Agent will have no obligation to perform said covenants or to notify the Subscription Receiptholders of such performance by itthat it is so doing. All sums amounts expended or advanced by the Subscription Receipt Agent in so doing shall will be repayable as provided in Section 5.35.3 hereof. No such performance, expenditure or advance by the Subscription Receipt Agent shall will relieve the Corporation of any default hereunder or of its continuing obligations under the covenants contained hereinhereunder.

Appears in 1 contract

Samples: Subscription Receipt Agreement

Performance of Covenants by Subscription Receipt Agent. If the Corporation shall fail fails to perform any of its covenants contained in obligations under this Agreement, the Subscription Receipt Agent may notify the Subscription Receiptholders of such failure on the part of the Corporation or may itself perform any of the said covenants such obligations capable of being performed by itthe Subscription Receipt Agent, but shall be under the Subscription Receipt Agent will have no obligation to perform said covenants or to notify the Subscription Receiptholders of such performance by itthat it is so doing. All sums amounts expended or advanced by the Subscription Receipt Agent in so doing shall will be repayable as provided in Section 5.35.4 hereof. No such performance, expenditure or advance by the Subscription Receipt Agent shall will relieve the Corporation of any default hereunder or of its continuing obligations under the covenants contained hereinhereunder.

Appears in 1 contract

Samples: Subscription Receipt Agreement (Fire & Flower Holdings Corp.)

Performance of Covenants by Subscription Receipt Agent. If either the Corporation shall fail fails to perform any of its covenants contained in the obligations thereof under this Agreement, the Subscription Receipt Agent may notify the Subscription Receiptholders of such failure on the part of the Corporation or may itself perform any of the said covenants such obligations capable of being performed by itthe Subscription Receipt Agent, but shall be under the Subscription Receipt Agent will have no obligation to perform said covenants or to notify the Subscription Receiptholders of such performance by itthat it is so doing. All sums amounts expended or advanced by the Subscription Receipt Agent in so doing shall will be repayable as provided in Section 5.35.4 hereof. No such performance, expenditure or advance by the Subscription Receipt Agent shall will relieve the Corporation of any default hereunder or of its continuing obligations under the covenants contained hereinhereunder.

Appears in 1 contract

Samples: Subscription Receipt Agreement

Performance of Covenants by Subscription Receipt Agent. If the Corporation shall fail to perform any of its covenants contained in this Agreement, the Subscription Receipt Agent may notify the Receiptholders and the Agent of such failure on the part of the Corporation or may itself perform any of the said covenants capable of being performed by it, but shall be under no obligation to perform said covenants or to notify the Receiptholders of such performance by it. All sums expended or advanced by the Subscription Receipt Agent in so doing shall be repayable as provided in Section 5.37.2. No such performance, expenditure or advance by the Subscription Receipt Agent shall relieve the Corporation of any default hereunder or of its continuing obligations under the covenants contained herein.

Appears in 1 contract

Samples: Subscription Receipt Agreement

Performance of Covenants by Subscription Receipt Agent. If the Corporation shall fail to perform any of its covenants contained in this Agreement, the Subscription Receipt Agent may notify the Receiptholders and the Joint Bookrunners of such failure on the part of the Corporation or may itself perform any of the said covenants capable of being performed by it, but shall be under no obligation to perform said covenants or to notify the Receiptholders of such performance by it. All sums expended or advanced by the Subscription Receipt Agent in so doing shall be repayable as provided in Section 5.37.2 of this Agreement. No such performance, expenditure or advance by the Subscription Receipt Agent shall relieve the Corporation of any default hereunder or of its continuing obligations under the covenants contained herein.

Appears in 1 contract

Samples: Subscription Receipt Agreement

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