Remuneration of Escrow Agent. The Issuer will pay the Escrow Agent reasonable remuneration for its services under this Agreement, which fees are subject to revision from time to time on 30 days' written notice. The Issuer will reimburse the Escrow Agent for its expenses and disbursements. Any amount due under this section and unpaid 30 days after request for such payment, will bear interest from the expiration of such period at a rate per annum equal to the then current rate charged by the Escrow Agent, payable on demand.
Remuneration of Escrow Agent. The Issuer will pay the Escrow Agent reasonable remuneration for its services under this Agreement, which fees are subject to revision from time to time on 30 days' written notice. The Issuer will reimburse the Escrow Agent for its expenses and disbursements. Any amount due under this section and unpaid 30 days after request for such payment, will bear interest from the expiration of such period at a rate per annum equal to the then current rate charged by the Escrow Agent, payable on demand. In the event the Issuer or the Securityholders fail to pay the Escrow Agent any amounts owing to the Escrow Agent hereunder, the Escrow Agent shall have the right not to act (including the right not to release any additional securities from escrow) and will not be liable for refusing to act until it has been fully paid all amounts owing to it hereunder. Further, in the event the Issuer fails to pay the Escrow Agent its reasonable remuneration for its services hereunder, the Escrow Agent shall be entitled to charge the Securityholders for any further release of escrowed securities and shall have the right not to act (including the right not to release any additional securities from escrow) until the Securityholders have paid such amounts to the Escrow Agent. In the event the Issuer or the Securityholders have failed to pay the amounts owing the Escrow Agent hereunder, the Escrow Agent shall not be liable for any loss caused by a delay in the release of the escrowed securities.
Remuneration of Escrow Agent. PART 9 NOTICES 9.1
Remuneration of Escrow Agent. The Issuer agrees to pay the Escrow Agent’s fees in advance as may be agreed from time to time with the Issuer, together with the Escrow Agent’s expenses and disbursements. Notwithstanding any provision contained in this Agreement, the Issuer and the Securityholders agree that if any of the Escrow Agent’s fees, expenses and disbursements are in arrears then the Escrow Agent reserves the right to withhold the release of any Securities until such fees, expenses and disbursements are paid in full.
Remuneration of Escrow Agent. PART 9 NOTICES 9.1 Notice to Escrow Agent 9.2 Notice to Issuer 9.3 Deliveries to Securityholders 9.4 Change of Address 9.5 Postal Interruption
Remuneration of Escrow Agent. 29.1 The Issuer shall pay the Escrow Agent reasonable remuneration for services provided by the Escrow Agent under this Agreement.
29.2 The Issuer shall reimburse the Escrow Agent for reasonable disbursements incurred by the Escrow Agent in providing services under this Agreement. THE PARTIES HAVE EXECUTED AND DELIVERED this Agreement as of the date set out above.
Remuneration of Escrow Agent. Forthwith upon receipt of an invoice therefor, the Company agrees to pay the Escrow Agent’s accounts for time, disbursements and applicable taxes relating to the performance by the Escrow Agent of its duties or rights hereunder or other work incidental to or contemplated pursuant to the terms of this Agreement. Any amount due under this section and unpaid 30 days after request for such payment, will bear interest from the expiration of such period at a rate per annum equal to the then current rate charged by the Escrow Agent, payable on demand. Notwithstanding anything to the contrary herein, the Company and the Director shall be jointly and severally liable to the Escrow Agent for unpaid accounts (including interest thereon) incurred in respect of this Agreement and which are unpaid 45 days after request for such payment.
Remuneration of Escrow Agent. The Issuer will pay the Escrow Agent reasonable remuneration for its services under this Agreement. The Issuer will reimburse the Escrow Agent for its expenses and disbursements.
Remuneration of Escrow Agent. 29.1 The Issuer shall pay the Escrow Agent reasonable remuneration for services provided by the Escrow Agent under this Agreement.
29.2 The Issuer shall reimburse the Escrow Agent for reasonable disbursements incurred by the Escrow Agent in providing services under this Agreement. THE PARTIES HAVE EXECUTED AND DELIVERED this Agreement as of the date set out above. The Corporate/Common Seal of [Escrow Agent] was affixed in the presence of ) Escrow Agent ) ) ) ) ) ) The Corporate/Common Seal of [Issuer] was affixed in the presence of ) Issuer: ) ) )
Remuneration of Escrow Agent. 29.1 The Issuer shall pay the Escrow Agent reasonable remuneration for services provided by the Escrow Agent under this Agreement.
29.2 The Issuer shall reimburse the Escrow Agent for reasonable disbursements incurred by the Escrow Agent in providing services under this Agreement. THE PARTIES HAVE EXECUTED AND DELIVERED this Agreement as of the date set out above. THE COMMON SEAL OF ) COMPUTERSHARE TRUST COMPANY ) OF CANADA was hereunto affixed in the ) presence of ) ) C/S ) ) Authorized Signatory ) ) ) ) Authorized Signatory ) THE COMMON SEAL OF CANOIL ) EXPLORATION CORPORATION was ) hereunto affixed in the presence of ) ) C/S ) ) Authorized Signatory ) ) ) ) Authorized Signatory ) SIGNED, SEALED AND DELIVERED by ) XXXX XXXX in the presence of ) ) ) ) Signature ) ) ) ) Address ) XXXX XXXX ) ) ) Occupation ) THE COMPANY SEAL OF RKGCM ) HOLDINGS LTD. was hereunto affixed in the ) presence of ) ) C/S ) ) Authorized Signatory ) ) ) ) Authorized Signatory ) Name: RKGCM Holdings Ltd. Signature:/s/ Xxxx Xxxx Address for Notice: 0000 - 000xx Xxxxxx, Surplus Securities 15,000,000 Name: Xxxx Xxxx Signature:/s/ Xxxx Xxxx Address for Notice: 0000 - 000xx Xxxxxx, Surplus Securities 15,000,000 On date of Exchange Notice 10% 3,000,000 Date 6 months following the Exchange Notice 15% 4,500,000 Date 12 months following the Exchange Notice 15% 4,500,000 Date 18 months following the Exchange Notice 15% 4,500,000 Date 24 months following the Exchange Notice 15% 4,500,000 Date 30 months following the Exchange Notice 15% 4,500,000 Date 36 months following the Exchange Notice 15% 4,500,000 (NOTE: SEE SCHEDULE B(4) FOR CONDITIONS TO BE SATISFIED BEFORE THIS SCHEDULE B(4) BECOMES APPLICABLE). On date of Exchange Notice 0% Nil Date 6 months following the Exchange Notice 5% 1,500,000 Date 12 months following the Exchange Notice 5% 1,500,000 Date 18 months following the Exchange Notice 5% 1,500,000 Date 24 months following the Exchange Notice 5% 1,500,000 Date 30 months following the Exchange Notice 10% 3,000,000 Date 36 months following the Exchange Notice 10% 3,000,000 Date 42 months following the Exchange Notice 10% 3,000,000 Date 48 months following the Exchange Notice 10% 3,000,000 Date 54 months following the Exchange Notice 10% 3,000,000 Date 60 months following the Exchange Notice 10% 3,000,000 Date 66 months following the Exchange Notice 10% 3,000,000 Date 72 months following the Exchange Notice 10% 3,000,000 Early Release R Graduation to Tier 1 If the Issuer reasonably beli...
