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

Performance of Covenants by Subscription Receipt Agent. If the Corporation fails to perform any of the obligations thereof under this Agreement, the Subscription Receipt Agent may notify the Subscription Receiptholders of such failure or may itself perform any of such obligations capable of being performed by the Subscription Receipt Agent, and the Subscription Receipt Agent will notify the Subscription Receiptholders that it is so doing. All amounts expended or advanced by the Subscription Receipt Agent in so doing will be repayable as provided in Section 5.2 hereof. No such performance, expenditure or advance by the Subscription Receipt Agent will relieve the Corporation of any default or of its continuing obligations hereunder.

Appears in 10 contracts

Samples: Subscription Receipt Agreement, Subscription Receipt Agreement, Subscription Receipt Agreement (DHX Media Ltd.)

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Performance of Covenants by Subscription Receipt Agent. If the Corporation Company fails to perform any of the its obligations thereof under this AgreementIndenture, the Subscription Receipt Agent may notify the Subscription Receiptholders of such failure or may itself perform any of such obligations capable of being performed by the Subscription Receipt Agent, and the Subscription Receipt Agent but will not be bound to do so or to notify the Subscription Receiptholders that it is so doing. All amounts expended or advanced by the Subscription Receipt Agent in so doing will be repayable as provided in Section 5.2 hereof5.02. No such performance, expenditure or advance by the Subscription Receipt Agent will relieve the Corporation Company of any default or of its continuing obligations hereunder.

Appears in 2 contracts

Samples: Indenture (Postmedia Network Canada Corp.), Indenture (Postmedia Network Canada Corp.)

Performance of Covenants by Subscription Receipt Agent. If the Corporation fails to perform any of the obligations thereof under this AgreementIndenture, the Subscription Receipt Agent may notify the Subscription Receiptholders of such failure or may itself perform any of such obligations capable of being performed by the Subscription Receipt Agent, and the Subscription Receipt Agent will notify the Subscription Receiptholders that it is so doing. All amounts expended or advanced by the Subscription Receipt Agent in so doing will be repayable as provided in Section 5.2 section 5.02 hereof. No such performance, expenditure or advance by the Subscription Receipt Agent will relieve the Corporation of any default or of its continuing obligations hereunder.

Appears in 1 contract

Samples: Mala Noche Resources (Primero Mining Corp)

Performance of Covenants by Subscription Receipt Agent. If the Corporation Company fails to perform any of the obligations thereof under this Agreement, the Subscription Receipt Agent may notify the Subscription Receiptholders of such failure or may itself perform any of such obligations capable of being performed by the Subscription Receipt Agent, and the Subscription Receipt Agent but will not be bound to do so or to notify the Subscription Receiptholders that it is so doing. All amounts expended or advanced by the Subscription Receipt Agent in so doing will be repayable as provided in Section 5.2 hereof5.02. No such performance, expenditure or advance by the Subscription Receipt Agent will relieve the Corporation Company of any default or of its continuing obligations hereunder.

Appears in 1 contract

Samples: Subscription Receipt Agreement

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Performance of Covenants by Subscription Receipt Agent. If the Corporation Company fails to perform any of the obligations thereof under this AgreementIndenture, the Subscription Receipt Agent may notify the Subscription Receiptholders of such failure or may itself perform any of such obligations capable of being performed by the Subscription Receipt Agent, and the Subscription Receipt Agent but will not be bound to do so or to notify the Subscription Receiptholders that it is so doing. All amounts expended or advanced by the Subscription Receipt Agent in so doing will be repayable as provided in Section 5.2 hereof5.02. No such performance, expenditure or advance by the Subscription Receipt Agent will relieve the Corporation Company of any default or of its continuing obligations hereunder.

Appears in 1 contract

Samples: www.otcmarkets.com

Performance of Covenants by Subscription Receipt Agent. If the Corporation fails to perform any of the obligations thereof under this Agreement, the Subscription Receipt Agent may will notify the Subscription Receiptholders Receiptholder of such failure or and may itself perform any of such obligations capable of being performed by the Subscription Receipt Agent, and the Subscription Receipt Agent will notify the Subscription Receiptholders Receiptholder that it is so doing. All amounts expended or advanced by the Subscription Receipt Agent in so doing will be repayable as provided in Section 5.2 hereof. No such performance, expenditure or advance by the Subscription Receipt Agent will relieve the Corporation of any default or of its continuing obligations hereunder.

Appears in 1 contract

Samples: Subscription Receipt Agreement

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