Common use of Postponement of Subscription Clause in Contracts

Postponement of Subscription. In any case where the application of Section 2.13 results in an increase in the number of Common Shares that are issuable upon exercise of the Warrants taking effect immediately after the record date for a specific event, if any Warrant is exercised after that record date and prior to completion of such specific event, the Company may postpone the issuance to the Warrantholder of the Warrant Shares to which he is entitled by reason of such adjustment, but such Warrant Shares shall be so issued and delivered to that holder upon completion of that event, with the number of such Warrant Shares calculated on the basis of the number of Warrant Shares on the date that the Warrant was exercised, adjusted for completion of that event and the Company shall deliver to the person or persons in whose name or names the Warrant Shares are to be issued an appropriate instrument evidencing the right of such person or persons to receive such Warrant Shares and the right to receive any dividends or other distributions which, but for the provisions of this Section 2.15, such person or persons would have been entitled to receive in respect of such Warrant Shares from and after the date that the Warrant was exercised in respect thereof.

Postponement of Subscription. In any case where the application of Section 2.13 section 2.12 results in an increase in the number of Common Shares that Subject Securities which are issuable upon exercise of the Warrants taking effect immediately after the record date for a specific event, if any Warrant is exercised after that record date and prior to completion of such specific the event, the Company may postpone the issuance to the Warrantholder holder of the Warrant Shares of the Subject Securities to which he is entitled by reason of such adjustment, adjustment but such Warrant Shares Subject Securities shall be so issued and delivered to that holder upon completion of that event, with the number of such Warrant Shares Subject Securities calculated on the basis of the number of Warrant Shares Subject Securities on the date that the Warrant was exercised, exercised adjusted for completion of that event and the Company shall deliver to the person or persons in whose name or names the Warrant Shares Subject Securities are to be issued an appropriate instrument evidencing the right of such person or persons to receive such Warrant Shares Subject Securities and the right to receive any dividends or other distributions which, but for the provisions of this Section 2.15section, such person or persons would have been entitled to receive in respect of such Warrant Shares Subject Securities from and after the date that the Warrant was exercised in respect thereof.

Postponement of Subscription. In any case where the application of Section 2.13 section 3.13 results in an increase in the number of Common Shares that are issuable upon exercise of the Warrants taking effect immediately after the record date for a specific event, if any Warrant is exercised after that record date and prior to completion of such specific event, the Company may postpone the issuance to the Warrantholder of the Warrant Shares to which he is entitled by reason of such adjustment, but such Warrant Shares shall be so issued and delivered to that holder upon completion of that event, with the number of such Warrant Shares calculated on the basis of the number of Warrant Shares on the date that the Warrant was exercised, adjusted for completion of that event and the Company shall deliver to the person or persons in whose name or names the Warrant Shares are to be issued an appropriate instrument evidencing the right of such person or persons to receive such Warrant Shares and the right to receive any dividends or other distributions which, but for the provisions of this Section 2.15section 3.15, such person or persons would have been entitled to receive in respect of such Warrant Shares from and after the date that the Warrant was exercised in respect thereof.

Postponement of Subscription. In any case where the application of Section section 2.13 results in an increase in the number of Common Shares that are issuable upon exercise of the Warrants taking effect immediately after the record date for a specific event, if any Warrant is exercised after that record date and prior to completion of such specific event, the Company may postpone the issuance to the Warrantholder of the Warrant Shares to which he is entitled by reason of such adjustment, but such Warrant Shares shall be so issued and delivered to that holder upon completion of that event, with the number of such Warrant Shares calculated on the basis of the number of Warrant Shares on the date that the Warrant was exercised, adjusted for completion of that event and the Company shall deliver to the person or persons in whose name or names the Warrant Shares are to be issued an appropriate instrument evidencing the right of such person or persons to receive such Warrant Shares and the right to receive any dividends or other distributions which, but for the provisions of this Section section 2.15, such person or persons would have been entitled to receive in respect of such Warrant Shares from and after the date that the Warrant was exercised in respect thereof.

Postponement of Subscription. In any case where the application of Section 2.13 section 2.12 results in an increase in the number of Common Shares that Subject Securities which are issuable upon exercise of the Warrants taking effect immediately after the record date for a specific event, if any Warrant is exercised after that record date and prior to completion of such specific the event, the Company may postpone the issuance to the Warrantholder holder of the Warrant Shares only those Subject Securities to which he is entitled by reason of such adjustment, adjustment but such Warrant Shares Subject Securities shall be so issued and delivered to that holder upon completion of that event, with the number of such Warrant Shares Subject Securities calculated on the basis of the number of Warrant Shares Subject Securities on the date that the Warrant was exercised, exercised adjusted for completion of that event and the Company shall deliver to the person or persons in whose name or names the Warrant Shares Subject Securities are to be issued an appropriate instrument evidencing the right of such person or persons to receive such Warrant Shares Subject Securities and the right to receive any dividends or other distributions which, but for the provisions of this Section 2.15section, such person or persons would have been entitled to receive in respect of such Warrant Shares Subject Securities from and after the date that the Warrant was exercised in respect thereof.

Postponement of Subscription. In any case where the application of Section 2.13 section 2.12 results in an increase in the number of Common Shares that Subject Securities which are issuable upon the exercise of the Warrants taking effect immediately after the record date for a specific event, if any Warrant is exercised after that record date and prior to completion of such specific the event, the Company may postpone the issuance to the Warrantholder holder of the Warrant Shares of the Subject Securities to which he is entitled by reason of such adjustment, adjustment but such Warrant Shares shall Subject Securities will be so issued and delivered to that holder upon completion of that event, with the number of such Warrant Shares Subject Securities calculated on the basis of the number of Warrant Shares Subject Securities on the date that the Warrant was exercised, exercised adjusted for completion of that event and the Company shall will deliver to the person or persons in whose name or names the Warrant Shares Subject Securities are to be issued an appropriate instrument evidencing the right of such person or persons to receive such Warrant Shares Subject Securities and the right to receive any dividends or other distributions which, but for the provisions of this Section 2.15section 2.14, such person or persons would have been entitled to receive in respect of such Warrant Shares Subject Securities from and after the date that the Warrant was exercised in respect thereof.

Postponement of Subscription. In any case where the application of Section 2.13 section 2.12 results in an increase in the number of Common Shares Subject Securities that are issuable upon exercise of the Warrants taking effect immediately after the record date for a specific event, if any Warrant is exercised after that record date and prior to completion of such specific event, the Company may postpone the issuance to the Warrantholder of the Warrant Shares Subject Securities to which he is entitled by reason of such adjustment, but such Warrant Shares Subject Securities shall be so issued and delivered to that holder upon completion of that event, with the number of such Warrant Shares Subject Securities calculated on the basis of the number of Warrant Shares Subject Securities on the date that the Warrant was exercised, adjusted for completion of that event and the Company shall deliver to the person or persons in whose name or names the Warrant Shares Subject Securities are to be issued an appropriate instrument evidencing the right of such person or persons to receive such Warrant Shares Subject Securities and the right to receive any dividends or other distributions which, but for the provisions of this Section 2.15section, such person or persons would have been entitled to receive in respect of such Warrant Shares Subject Securities from and after the date that the Warrant was exercised in respect thereof.

Postponement of Subscription. In any case where the application of Section 2.13 results in an increase in the number of Common Subordinate Voting Shares that are issuable upon exercise of the Warrants taking effect immediately after the record date for a specific event, if any Warrant is exercised after that record date and prior to completion of such specific event, the Company may postpone the issuance to the Warrantholder of the Warrant Shares to which he is entitled by reason of such adjustment, but such Warrant Shares shall be so issued and delivered to that holder upon completion of that event, with the number of such Warrant Shares calculated on the basis of the number of Warrant Shares on the date that the Warrant was exercised, adjusted for completion of that event and the Company shall deliver to the person or persons in whose name or names the Warrant Shares are to be issued an appropriate instrument evidencing the right of such person or persons to receive such Warrant Shares and the right to receive any dividends or other distributions which, but for the provisions of this Section 2.15, such person or persons would have been entitled to receive in respect of such Warrant Shares from and after the date that the Warrant was exercised in respect thereof.

Postponement of Subscription. In any case where the application of Section section 2.13 results in an increase in the number of Common Shares Subject Securities that are issuable upon exercise of the Warrants taking effect immediately after the record date for a specific event, if any Warrant is exercised after that record date and prior to completion of such specific event, the Company may postpone the issuance to the Warrantholder of the Warrant Shares Subject Securities to which he is entitled by reason of such adjustment, but such Warrant Shares Subject Securities shall be so issued and delivered to that holder upon completion of that event, with the number of such Warrant Shares Subject Securities calculated on the basis of the number of Warrant Shares Subject Securities on the date that the Warrant was exercised, adjusted for completion of that event and the Company shall deliver to the person or persons in whose name or names the Warrant Shares Subject Securities are to be issued an appropriate instrument evidencing the right of such person or persons to receive such Warrant Shares Subject Securities and the right to receive any dividends or other distributions which, but for the provisions of this Section 2.15section, such person or persons would have been entitled to receive in respect of such Warrant Shares Subject Securities from and after the date that the Warrant was exercised in respect thereof.

Postponement of Subscription. In any case where the application of Section 2.13 5.1 results in an increase in the number of Common Warrant Shares that are issuable upon exercise of the Warrants taking effect immediately after the record date for a specific event, if any Warrant is exercised after that record date and prior to completion of such specific eventevent for which a calculation is required to be made, the Company Corporation may postpone the issuance to the Warrantholder of the Warrant Shares to which he the holder is entitled by reason of such adjustment, adjustment but such Warrant Shares shall be so issued and delivered to that holder upon completion of that event, with the number of such Warrant Shares calculated on the basis of the number of Warrant Common Shares on the date that the Warrant was exercised, exercised adjusted for completion of that event and the Company Corporation shall deliver to the person or persons in whose name or names the Warrant Shares are to be issued an appropriate instrument evidencing the right of such person or persons to receive such Warrant Shares and the right to receive any dividends or other distributions which, but for the provisions of this Section 2.15section, such person or persons would have been entitled to receive in respect of such Warrant Shares from and after the date that the Warrant was exercised in respect thereof.

Postponement of Subscription. In any case where the application of Section 2.13 section 2.12 results in an increase in the number of Common Shares Subject Securities that are issuable upon exercise of the Warrants taking effect immediately after the record date for a specific event, if any Warrant is exercised after that record date and prior to completion of such specific the event, the Company may postpone the issuance to the Warrantholder holder of the Warrant Shares of the Subject Securities to which he is entitled by reason of such adjustment, adjustment but such Warrant Shares Subject Securities shall be so issued and delivered to that holder upon completion of that event, with the number of such Warrant Shares Subject Securities calculated on the basis of the number of Warrant Shares Subject Securities on the date that the Warrant was exercised, exercised adjusted for completion of that event and the Company shall deliver to the person or persons in whose name or names the Warrant Shares Subject Securities are to be issued an appropriate instrument evidencing the right of such person or persons to receive such Warrant Shares Subject Securities and the right to receive any dividends or other distributions which, but for the provisions of this Section 2.15section, such person or persons would have been entitled to receive in respect of such Warrant Shares Subject Securities from and after the date that the Warrant was exercised in respect thereof.

Postponement of Subscription. In any case where the application of Section 2.13 3.13 results in an increase in the number of Common Shares that are issuable upon exercise of the Warrants taking effect immediately after the record date for a specific event, if any Warrant is exercised after that record date and prior to completion of such specific event, the Company Corporation may postpone the issuance to the Warrantholder of the Warrant Shares to which he is entitled by reason of such adjustment, but such Warrant Shares shall be so issued and delivered to that holder upon completion of that event, with the number of such Warrant Shares calculated on the basis of the number of Warrant Shares on the date that the Warrant was exercised, adjusted for completion of that event and the Company Corporation shall deliver to the person or persons in whose name or names the Warrant Shares are to be issued an appropriate instrument evidencing the right of such person or persons to receive such Warrant Shares and the right to receive any dividends or other distributions which, but for the provisions of this Section 2.153.15, such person or persons would have been entitled to receive in respect of such Warrant Shares from and after the date that the Warrant was exercised in respect thereof.

Postponement of Subscription. ‌ In any case where the application of Section 2.13 results in an increase in the number of Common Shares that are issuable upon exercise of the Warrants taking effect immediately after the record date for a specific event, if any Warrant is exercised after that record date and prior to completion of such specific event, the Company may postpone the issuance to the Warrantholder of the Warrant Shares to which he is entitled by reason of such adjustment, but such Warrant Shares shall be so issued and delivered to that holder upon completion of that event, with the number of such Warrant Shares calculated on the basis of the number of Warrant Shares on the date that the Warrant was exercised, adjusted for completion of that event and the Company shall deliver to the person or persons in whose name or names the Warrant Shares are to be issued an appropriate instrument evidencing the right of such person or persons to receive such Warrant Shares and the right to receive any dividends or other distributions which, but for the provisions of this Section 2.15, such person or persons would have been entitled to receive in respect of such Warrant Shares from and after the date that the Warrant was exercised in respect thereof.

Postponement of Subscription. In any case where the application of Section 2.13 results in an increase in the number of Common Shares Subject Securities that are issuable upon exercise of the Warrants taking effect immediately after the record date for a specific event, if any Warrant is exercised after that record date and prior to completion of such specific event, the Company may postpone the issuance to the Warrantholder of the Warrant Shares Subject Securities to which he is entitled by reason of such adjustment, but such Warrant Shares Subject Securities shall be so issued and delivered to that holder upon completion of that event, with the number of such Warrant Shares Subject Securities calculated on the basis of the number of Warrant Shares Subject Securities on the date that the Warrant was exercised, adjusted for completion of that event and the Company shall deliver to the person or persons in whose name or names the Warrant Shares Subject Securities are to be issued an appropriate instrument evidencing the right of such person or persons to receive such Warrant Shares Subject Securities and the right to receive any dividends or other distributions which, but for the provisions of this Section 2.15section, such person or persons would have been entitled to receive in respect of such Warrant Shares Subject Securities from and after the date that the Warrant was exercised in respect thereof.

Postponement of Subscription. In any case where the application of Section 2.13 2.16 results in an increase in the number of Common Shares that are issuable upon exercise of the Warrants taking effect immediately after the record date for a specific event, if any Warrant is exercised after that record date and prior to completion of such specific event, the Company may postpone the issuance to the Warrantholder of the Warrant Shares to which he is they are entitled by reason of such adjustment, but such Warrant Shares shall be so issued and delivered to that holder upon completion of that event, with the number of such Warrant Shares calculated on the basis of the number of Warrant Shares on the date that the Warrant was exercised, adjusted for completion of that event and the Company shall deliver to the person or persons in whose name or names the Warrant Shares are to be issued an appropriate instrument evidencing the right of such person or persons to receive such Warrant Shares and the right to receive any dividends or other distributions which, but for the provisions of this Section 2.152.18, such person or persons would have been entitled to receive in respect of such Warrant Shares from and after the date that the Warrant was exercised in respect thereof.

Postponement of Subscription. In any case where the application of Section 2.13 section 2.12 results in an increase in the number of Common Shares that Subject Securities which are issuable upon exercise of the New Warrants taking effect immediately after the record date for a specific event, if any New Warrant is exercised after that record date and prior to completion of such specific the event, the Company may postpone the issuance to the Warrantholder holder of the New Warrant Shares of the Subject Securities to which he such Warrantholder is entitled by reason of such adjustment, adjustment but such Warrant Shares Subject Securities shall be so issued and delivered to that holder upon completion of that event, with the number of such Warrant Shares Subject Securities calculated on the basis of the number of Warrant Shares Subject Securities on the date that the New Warrant was exercised, exercised adjusted for completion of that event and the Company shall deliver to the person or persons in whose name or names the Warrant Shares Subject Securities are to be issued an appropriate instrument evidencing the right of such person or persons to receive such Warrant Shares Subject Securities and the right to receive any dividends or other distributions which, but for the provisions of this Section 2.15section 2.14, such person or persons would have been entitled to receive in respect of such Warrant Shares Subject Securities from and after the date that the New Warrant was exercised in respect thereof.

Postponement of Subscription. ‌ In any case where the application of Section section 2.13 results in an increase in the number of Common Shares that are issuable upon exercise of the Warrants taking effect immediately after the record date for a specific event, if any Warrant is exercised after that record date and prior to completion of such specific event, the Company may postpone the issuance to the Warrantholder of the Warrant Shares to which he is entitled by reason of such adjustment, but such Warrant Shares shall be so issued and delivered to that holder upon completion of that event, with the number of such Warrant Shares calculated on the basis of the number of Warrant Shares on the date that the Warrant was exercised, adjusted for completion of that event and the Company shall deliver to the person or persons in whose name or names the Warrant Shares are to be issued an appropriate instrument evidencing the right of such person or persons to receive such Warrant Shares and the right to receive any dividends or other distributions which, but for the provisions of this Section section 2.15, such person or persons would have been entitled to receive in respect of such Warrant Shares from and after the date that the Warrant was exercised in respect thereof.

Postponement of Subscription. In any case where the application of Section 2.13 section 3.15 results in an increase in the number of Common Shares that are issuable upon exercise of the Warrants taking effect immediately after the record date for a specific event, if any Warrant is exercised after that record date and prior to completion of such specific event, the Company may postpone the issuance to the Warrantholder of the Warrant Shares to which he is entitled by reason of such adjustment, but such Warrant Shares shall be so issued and delivered to that holder upon completion of that event, with the number of such Warrant Shares calculated on the basis of the number of Warrant Shares on the date that the Warrant was exercised, adjusted for completion of that event and the Company shall deliver to the person or persons in whose name or names the Warrant Shares are to be issued an appropriate instrument evidencing the right of such person or persons to receive such Warrant Shares and the right to receive any dividends or other distributions which, but for the provisions of this Section 2.15section 3.17, such person or persons would have been entitled to receive in respect of such Warrant Shares from and after the date that the Warrant was exercised in respect thereof.