Common use of Performance of Covenants by Trustee Clause in Contracts

Performance of Covenants by Trustee. If the Corporation shall fail to perform any of its covenants contained in this Indenture, the Trustee may notify the Debentureholders 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 do so or to notify the Debentureholders. All sums so expended or advanced by the Trustee shall be repayable as provided in Section 7.2. No such performance, expenditure or advance by the Trustee shall be deemed to relieve the Corporation of any default hereunder.

Appears in 18 contracts

Samples: Indenture (Vision Marine Technologies Inc.), Convertible Debenture Indenture, Indenture (Organigram Holdings Inc.)

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Performance of Covenants by Trustee. If the Corporation shall fail to perform any of its covenants contained in this Indenture, the Trustee may notify the Debentureholders 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 do so or to notify the Debentureholders. Debentureholders All sums so expended or advanced by the Trustee shall be repayable as provided in Section 7.2. No such performance, expenditure or advance by the Trustee shall be deemed to relieve the Corporation of any default hereunder.

Appears in 6 contracts

Samples: Convertible Debenture Indenture (Siyata Mobile Inc.), Indenture (Aurora Cannabis Inc), Indenture

Performance of Covenants by Trustee. If the Corporation shall fail to perform any of its covenants contained in this Indenture, the Trustee may notify the Debentureholders 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 do so or to notify the Debentureholders. All sums so expended or advanced by the Trustee shall be repayable as provided in Section 7.26.2. No such performance, expenditure or advance by the Trustee shall be deemed to relieve the Corporation of any default hereunder.

Appears in 4 contracts

Samples: Debenture Indenture, Indenture (HEXO Corp.), Indenture

Performance of Covenants by Trustee. If the Corporation shall fail fails to perform any of its covenants and obligations contained in this Indenture, the Trustee may notify the Debentureholders Warrantholders of such the 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 do so or to notify the DebentureholdersWarrantholders. All sums so expended or advanced by the Trustee in so doing shall be repayable as provided in Section 7.2section 6.3. No such performance, expenditure or advance by the Trustee shall be deemed to relieve the Corporation of any default or of its continuing obligations hereunder.. ARTICLE SEVEN

Appears in 3 contracts

Samples: Warrant Indenture (Vista Gold Corp), Warrant Indenture (Vista Gold Corp), Vista Gold Corp

Performance of Covenants by Trustee. If the Corporation Company shall fail to perform any of its covenants contained in this Indenture, the Trustee may notify the Debentureholders of such failure on the part of the Corporation Company or may itself perform any of the covenants capable of being performed by it, but shall be under no obligation to do so or to notify the Debentureholders. Debentureholders All sums so expended or advanced by the Trustee shall be repayable as provided in Section 7.20. No such performance, expenditure or advance by the Trustee shall be deemed to relieve the Corporation Company of any default hereunder.

Appears in 3 contracts

Samples: webfiles.thecse.com, webfiles.thecse.com, webfiles.thecse.com

Performance of Covenants by Trustee. If the Corporation shall fail Company fails to perform any of its covenants contained in this IndentureAgreement, the Trustee may notify the Debentureholders Special Warrantholders of such the 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 will be under no obligation to do so or to notify the DebentureholdersSpecial Warrantholders. All sums so expended or advanced by the Trustee shall in so doing will be repayable as provided in Section 7.2section 9.2. No such performance, expenditure or advance by the Trustee shall will be deemed to relieve the Corporation Company of any default hereunderunder this Agreement.

Appears in 2 contracts

Samples: Special Warrant Agreement (Urbana Ca Inc), Special Warrant Agreement (Urbana Ca Inc)

Performance of Covenants by Trustee. If the Corporation shall fail to perform any of its covenants contained in this Indenture, the Trustee may notify the Debentureholders 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 do so or to notify the Debentureholders. All sums so expended or advanced by the Trustee shall be repayable as provided in Section 7.28.2. No such performance, expenditure or advance by the Trustee shall be deemed to relieve the Corporation of any default hereunder.

Appears in 2 contracts

Samples: Convertible Debenture Indenture, Convertible Debenture Indenture

Performance of Covenants by Trustee. If the Corporation Company shall fail to perform any of its covenants contained in this Indenture, the Trustee may notify the Debentureholders of such failure on the part of the Corporation Company or may itself perform any of the covenants capable of being performed by it, but shall be under no obligation to do so or to notify the Debentureholders. All sums so expended or advanced by the Trustee shall be repayable as provided in Section 7.2. No such performance, expenditure or advance by the Trustee shall be deemed to relieve the Corporation Company of any default hereunder.

Appears in 2 contracts

Samples: Convertible Debenture Indenture, Convertible Debenture Indenture

Performance of Covenants by Trustee. If the Corporation shall fail to perform any of its covenants contained in this Indenture, the Trustee may notify the Debentureholders Debt Security holders 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 do so or to notify the DebentureholdersDebt Security holders. All sums so expended or advanced by the Trustee shall be repayable as provided in Section 7.211.7. No such performance, expenditure or advance by the Trustee shall be deemed to relieve the Corporation of any default hereunder.

Appears in 2 contracts

Samples: Cnooc LTD, Nexen Inc

Performance of Covenants by Trustee. If the Corporation shall fail to perform any of its covenants contained in this Indenture, the Trustee may notify the Debentureholders of such failure on the part of the Corporation or may itself perform any of the covenants capable of being performed by it, but the Trustee shall be under no obligation to do so or to notify the Debentureholders. All sums so expended or advanced by the Trustee shall be repayable as provided in Section 7.210.2. No such performance, expenditure or advance by the Trustee shall be deemed to relieve the Corporation of any default hereunder.

Appears in 2 contracts

Samples: Subordination Agreement (Mogo Inc.), Subordination Agreement (Mogo Finance Technology Inc.)

Performance of Covenants by Trustee. If the Corporation shall fail to perform any of its covenants contained in this Indenture, the Trustee may notify the Debentureholders of such failure on the part of the Corporation or may itself perform any of the covenants capable of being performed by it, but (subject to Section 8.2 and Section 15.3) shall be under no obligation to do so or to notify the Debentureholders. All sums so expended or advanced by the Trustee shall be repayable as provided in Section 7.26.2. No such performance, expenditure or advance by the Trustee shall be deemed to relieve the Corporation of any default hereunder.

Appears in 1 contract

Samples: Convertible Debenture Indenture

Performance of Covenants by Trustee. If the Corporation shall fail to perform any of its covenants contained in this Indenture, the Trustee may notify the Debentureholders of such failure on the part of the Corporation or may itself perform any of the covenants capable of being performed by it, but the Trustee shall be under no obligation to do so or to notify the Debentureholders. All sums so expended or advanced by the Trustee shall be repayable as provided in Section 7.26.3. No such performance, expenditure or advance by the Trustee shall be deemed to relieve the Corporation of any default hereunder.

Appears in 1 contract

Samples: Convertible Debenture Indenture

Performance of Covenants by Trustee. If the Corporation shall fail to perform any of its covenants contained in this Indenture, the Trustee may shall notify the Debentureholders Warrantholders of such failure on the part of the Corporation in accordance with Section 6.4 or may itself perform any of the covenants capable of being performed by itit but, but subject to Section 9.2, shall be under no obligation to do so or to notify the Debentureholdersperform said covenants. All sums so expended or advanced by the Trustee in so doing shall be repayable as provided in Section 7.25.2. No such performance, expenditure or advance by the Trustee shall be deemed to relieve the Corporation of any default hereunderhereunder or of its continuing obligations under the covenants herein contained.

Appears in 1 contract

Samples: Warrant Indenture (North American Palladium LTD)

Performance of Covenants by Trustee. If the Corporation shall fail to perform any of its covenants contained in this Indenture, the Trustee may notify the Debentureholders 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 do so or to notify the Debentureholders. Debentureholders All sums so expended or advanced by the Trustee shall be repayable as provided in Section 7.26.2. No such performance, expenditure or advance by the Trustee shall be deemed to relieve the Corporation of any default hereunder.

Appears in 1 contract

Samples: Indenture

Performance of Covenants by Trustee. If the Corporation shall fail fails to perform any of its covenants and obligations contained in this Indenture, the Trustee may notify the Debentureholders Warrantholders of such the 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 do so or to notify the DebentureholdersWarrantholders. All sums so expended or advanced by the Trustee in so doing shall be repayable as provided in Section 7.2section 6.3. No such performance, expenditure or advance by the Trustee shall be deemed to relieve the Corporation of any default or of its continuing obligations hereunder.

Appears in 1 contract

Samples: Warrant Indenture (Vista Gold Corp)

Performance of Covenants by Trustee. If the Corporation shall fail to perform any of its covenants contained in this Indenture, Indenture the Trustee may notify the Debentureholders Debenture holders 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 do so or to notify the DebentureholdersDebenture holders. All sums so expended or advanced by the Trustee shall be repayable as provided in Section 7.211.7. No such performance, expenditure or advance by the Trustee shall be deemed to relieve the Corporation of any default hereunder.

Appears in 1 contract

Samples: Trust Indenture (Talisman Energy Inc)

Performance of Covenants by Trustee. If the Corporation Company shall fail to perform any of its covenants contained in this Indenture, the Trustee may notify the Debentureholders of such failure on the part of the Corporation Company or may itself perform any of the covenants capable of being performed by it, but shall be under no obligation to do so or to notify the Debentureholders. Debentureholders All sums so expended or advanced by the Trustee shall be repayable as provided in Section 7.2. No such performance, expenditure or advance by the Trustee shall be deemed to relieve the Corporation Company of any default hereunder.

Appears in 1 contract

Samples: Indenture

Performance of Covenants by Trustee. β€Œ If the Corporation shall fail to perform any of its covenants contained in this Indenture, the Trustee may notify the Debentureholders 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 do so or to notify the Debentureholders. All sums so expended or advanced by the Trustee shall be repayable as provided in Section 7.2. No such performance, expenditure or advance by the Trustee shall be deemed to relieve the Corporation of any default hereunder.

Appears in 1 contract

Samples: Convertible Debenture Indenture

Performance of Covenants by Trustee. If the Corporation shall fail to perform any of its covenants contained in this Indenture, the Trustee may notify the Debentureholders 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 do so or to notify the Debentureholders. All sums so expended or advanced by the Trustee shall be repayable by the Corporation as provided in Section 7.2. No such performance, expenditure or advance by the Trustee shall be deemed to relieve the Corporation of any default hereunder.

Appears in 1 contract

Samples: Indenture (Modern Mining Technology Corp.)

Performance of Covenants by Trustee. If the Corporation shall fail to perform any of its covenants contained in this Indenture, Indenture the Trustee may notify the Debentureholders Debt Security holders 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 do so or to notify the DebentureholdersDebt Security holders. All sums so expended or advanced by the Trustee shall be repayable as provided in Section 7.211.7. No such performance, expenditure or advance by the Trustee shall be deemed to relieve the Corporation of any default hereunder.

Appears in 1 contract

Samples: Trust Indenture

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Performance of Covenants by Trustee. If the Corporation shall fail Company fails to perform any of its covenants contained in this IndentureAgreement, the Trustee may notify the Debentureholders Warrantholders of such the 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 will be under no obligation to do so or to notify the DebentureholdersWarrantholders. All sums so expended or advanced by the Trustee shall in so doing will be repayable as provided in Section 7.2section 8.2. No such performance, expenditure or advance by the Trustee shall will be deemed to relieve the Corporation Company of any default hereunderunder this Agreement.

Appears in 1 contract

Samples: Share Purchase Warrant Agreement (Urbana Ca Inc)

Performance of Covenants by Trustee. If the Corporation shall fail to perform any of its covenants contained in this Indenture, the Trustee may notify the Debentureholders 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 do so or to notify the Debentureholders. All sums so expended or advanced by the Trustee shall be repayable as provided in Section 7.27.1(a). No such performance, expenditure or advance by the Trustee shall be deemed to relieve the Corporation of any default hereunder.

Appears in 1 contract

Samples: Debenture Indenture

Performance of Covenants by Trustee. If the Corporation Trust shall fail to perform any of its covenants contained in this Indenture, the Trustee may notify the Debentureholders of such failure on the part of the Corporation Trust or may itself perform any of the covenants capable of being performed by it, but shall be under no obligation to do so or to notify the Debentureholders. All sums so expended or advanced by the Trustee shall be repayable as provided in Section 7.2. No such performance, expenditure or advance by the Trustee shall be deemed to relieve the Corporation Trust of any default hereunder.

Appears in 1 contract

Samples: Paramount Energy Trust (Perpetual Energy Inc.)

Performance of Covenants by Trustee. If the Corporation shall fail to perform any of its covenants contained in this Indentureany Note Document, the Trustee may notify the Debentureholders Noteholders of such failure on the part of the Corporation or may itself perform any of the covenants capable of being performed by it, but the Trustee shall be under no obligation to do so or to notify the DebentureholdersNoteholders. All sums so expended or advanced by the Trustee shall be promptly repayable as provided in Section 7.2by the Noteholders. No such performance, expenditure or advance by the Trustee shall be deemed to relieve the Corporation of any default hereunderunder any Note Document.

Appears in 1 contract

Samples: Real Property Mortgage Agreement (Joway Health Industries Group Inc)

Performance of Covenants by Trustee. If the Corporation Company shall fail to perform any of its covenants contained in this Indenture, the Trustee may notify the Debentureholders Warrantholders of such the 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 do so or to notify the DebentureholdersWarrantholders. All sums so expended or advanced by the Trustee in so doing shall be repayable as provided in Section 7.2. section i. No such performance, expenditure or advance by the Trustee shall be deemed to relieve the Corporation Company of any default hereunder.

Appears in 1 contract

Samples: Golden Queen Mining Co LTD

Performance of Covenants by Trustee. If the Corporation shall fail to perform any of its covenants contained in this Indenture, the Trustee may notify the Debentureholders Noteholders 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 do so or to notify the DebentureholdersNoteholders. All sums so expended or advanced by the Trustee shall be repayable as provided in Section 7.26.2. No such performance, expenditure or advance by the Trustee shall be deemed to relieve the Corporation of any default hereunder.

Appears in 1 contract

Samples: Indenture (Sundial Growers Inc.)

Performance of Covenants by Trustee. If the Corporation shall fail to perform any of its covenants contained in this IndentureIndenture or any other Indenture Document, the Trustee may notify the Debentureholders 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 do so or to notify the Debentureholders. All sums so expended or advanced by the Trustee shall be repayable as provided in Section 7.26.2. No such performance, expenditure or advance by the Trustee shall be deemed to relieve the Corporation of any default hereunder.

Appears in 1 contract

Samples: Secured Trust Indenture

Performance of Covenants by Trustee. If the Corporation shall fail to perform any of its covenants contained in this Indenture, the Trustee may notify the Debentureholders 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 do so or to notify the Debentureholdersso. All sums so expended or advanced by the Trustee shall be repayable as provided in Section 7.2. No such performance, expenditure or advance by the Trustee shall be deemed to relieve the Corporation of any default hereunder.

Appears in 1 contract

Samples: Indenture

Performance of Covenants by Trustee. If the Corporation shall fail to perform any of its covenants contained in this Warrant Indenture, the Trustee may notify the Debentureholders Warrantholders 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 do so perform said covenants or to notify the DebentureholdersWarrantholders of such performance by it. All sums so expended or advanced by the Trustee in so doing shall be repayable as provided in Section 7.25.2. No such performance, expenditure or advance by the Trustee shall be deemed to relieve the Corporation of any default hereunderhereunder or of its continuing obligations under the covenants herein contained.

Appears in 1 contract

Samples: Westlink Resources LTD

Performance of Covenants by Trustee. If the Corporation shall fail to perform any of its covenants contained in this Indenture, the Trustee may notify the Debentureholders Noteholders of such failure on the part of the Corporation or may itself perform any of the covenants capable of being performed by it, but (subject to Sections 7.2 and 14.3) shall be under no obligation to do so or to notify the DebentureholdersNoteholders. All sums so expended or advanced by the Trustee shall be repayable as provided in Section 7.26.2. No such performance, expenditure or advance by the Trustee shall be deemed to relieve the Corporation of any default hereunder.

Appears in 1 contract

Samples: Indenture (Terrace Energy Corp)

Performance of Covenants by Trustee. If the Corporation shall fail to perform any of its covenants contained in this Indenture, the Trustee may notify the Debentureholders of such failure on the part of the Corporation or may itself perform any of the covenants capable of being performed by it, but (subject to Sections 8.2 and 14.3) shall be under no obligation to do so or to notify the Debentureholders. All sums so expended or advanced by the Trustee shall be repayable as provided in Section 7.2. No such performance, expenditure or advance by the Trustee shall be deemed to relieve the Corporation of any default hereunder.

Appears in 1 contract

Samples: Convertible Debenture Indenture

Performance of Covenants by Trustee. If the Corporation shall fail to perform any of its covenants contained in this Indenture, the Trustee may notify the Debentureholders of such failure on the part of the Corporation or may itself perform any of the covenants capable of being performed by it, but (subject to Sections 8.2 and 15.3) shall be under no obligation to do so or to notify the Debentureholders. All sums so expended or advanced by the Trustee shall be repayable as provided in Section 7.2. No such performance, expenditure or advance by the Trustee shall be deemed to relieve the Corporation of any default hereunder.

Appears in 1 contract

Samples: Convertible Debenture Indenture (Brigus Gold Corp.)

Performance of Covenants by Trustee. If the Corporation shall fail to perform any of its covenants contained in this Warrant Indenture, the Trustee may notify the Debentureholders Warrantholders 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 do so or to notify the DebentureholdersWarrantholders. All sums so expended or advanced by the Trustee in so doing shall be repayable as provided in Section 7.25.02. No such performance, expenditure or advance by the Trustee shall be deemed to relieve the Corporation of any default hereunder.

Appears in 1 contract

Samples: Special Warrant Indenture (Brocker Technology Group LTD)

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