Performance of Subscription Agreement. The Corporation shall perform and carry out all of the acts and things to be completed by it as provided in this Subscription Agreement, including, without limitation, making all requisite filings required to be made by it under applicable Canadian securities legislation and applicable stock exchange rules, if any, to report the issuance of the Securities and the issuance of the Common Shares upon the conversion of the Debentures or the exercise of the Warrants.
Performance of Subscription Agreement. Pursuant to the Subscription Agreement: (a) Parent shall contribute the Transferred Assets to the capital of Subsidiary, by taking or causing to be taken all actions necessary to cause the transfer, assignment, delivery and conveyance to Subsidiary of Parent’s right, title and interest in the Transferred Assets and any other Subsidiary Assets held by Parent; and (b) in consideration of the Parent’s obligation to make that capital contribution, Subsidiary has issued the Subsidiary Common Stock to Parent and assumed the Assumed Liabilities.
