Replacement of Share Lenders. A Share Lender may withdraw from this Agreement subject to notifying the Company and the Investor of its intention thereof and subject to a notice period of not less than 90 days. The Investor shall thereafter not have any obligations under this Agreement until one or more persons has executed a deed of adherence in which they confirm that they have become a party to this Agreement in the capacity of a Share Lender and agree to be bound by all applicable terms of this Agreement.
Appears in 3 contracts
Samples: Share Subscription Agreement (Western Magnesium Corp.), Direct Placement Agreement (Chemesis International Inc.), Direct Placement Agreement
Replacement of Share Lenders. A Share Lender may withdraw from this Agreement subject to notifying the Resulting Company and the Investor of its intention thereof and subject to a notice period of not less than 90 days. The Investor shall thereafter not have any obligations under this Agreement until one or more persons has executed a deed of adherence in which they confirm that they have become a party to this Agreement in the capacity of a Share Lender and agree to be bound by all applicable terms of this Agreement.
Appears in 2 contracts
Samples: Share Subscription Agreement (Global Crossing Airlines Group Inc.), Share Subscription Agreement
