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

Performance of Covenants by Warrant Agent. If the Corporation shall fail to perform any of its covenants contained in this Indenture, the Warrant Agent may notify the 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, subject to Article 9, shall be under no obligation to perform said covenants or to notify the Warrantholders of such performance by it.

Appears in 1 contract

Samples: Warrant Indenture

AutoNDA by SimpleDocs

Performance of Covenants by Warrant Agent. If the Corporation Company shall fail to perform any of its covenants contained in this Indenture, the Warrant Agent may notify the 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 butit, subject to Article 9, but shall be under no obligation to perform said covenants do so. All sums expended or advanced by the Warrant Agent in so doing shall be repayable as provided in Section 4.3. No performance, expenditure or advance by the Warrant Agent shall be deemed to notify relieve the Warrantholders Company of such performance by itany default hereunder.

Appears in 1 contract

Samples: Share Purchase Warrant Indenture (Infowave Software Inc)

Performance of Covenants by Warrant Agent. β€Œ If the Corporation shall fail to perform any of its covenants contained in this Warrant Indenture, the Warrant Agent may shall notify the 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, subject to Article 9Section 9.2, shall be under no obligation to perform said such covenants or to notify the Warrantholders of such performance by it.. All sums expended or advanced by the Warrant Agent in so doing shall be repayable as provided in Section

Appears in 1 contract

Samples: Warrant Indenture

Performance of Covenants by Warrant Agent. If the Corporation shall fail to perform any of its covenants contained in this Indenture, the Warrant Agent may notify the 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 butit, subject to Article 9, but shall be under no obligation to perform said covenants do so or to notify the Warrantholders Warrantholders. All sums expended or advanced by the Warrant Agent in so doing shall be repayable as provided in Section 4.3. No performance, expenditure or advance by the Warrant Agent shall be deemed to relieve the Corporation of such performance by itany default hereunder.

Appears in 1 contract

Samples: Share Purchase Warrant Indenture (Novagold Resources Inc)

AutoNDA by SimpleDocs

Performance of Covenants by Warrant Agent. If the Corporation shall fail to perform any of its covenants contained in this Indenture, the Warrant Agent may notify the Warrantholders of such failure on the part of the Corporation or and may itself perform any of the covenants capable of being performed by it but, subject to Article 9, shall be under no obligation to perform said covenants or to notify the Warrantholders of such performance by it.to

Appears in 1 contract

Samples: Warrant Indenture

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!