Rights on Conversion. The holder of any Subscription Receipt converted pursuant to Section 4.1(a) hereof shall have no rights hereunder except to be issued Special Warrants upon the conversion of the Subscription Receipts.
Rights on Conversion. The holder of any Subscription Receipt converted pursuant to Section 4.1(a) hereof shall have no rights hereunder except to be issued Common Shares upon the conversion of the Subscription Receipts. Upon issuance of the Common Shares upon conversion of the Subscription Receipts pursuant to Section 4.1(a) hereof, the Subscription Receipt Certificates will be cancelled and Uncertificated Subscription Receipts will be deemed cancelled, without further action on the part of the Subscription Receiptholders, the Subscription Receipt Agent, or the Corporation.
Rights on Conversion. The holder of any Underlying Securities deemed to be issued pursuant to Section 4.1(3) hereof shall have no rights hereunder except to be issued the Units pursuant to the Subscription Receipts and upon issuance of the Underlying Securities pursuant to Section 4.1(3) hereof, the Subscription Receipt Certificates will represent only the right of the holders thereof to be issued the Units pursuant to the Subscription Receipts.
Rights on Conversion. If, pursuant to any amendment or supersession of the mining laws, Owner is granted the right to convert its interest in the unpatented mining claims comprising the Property to a permit, license, lease, or other right or interest, Owner may, in Owner's discretion, elect to exercise such right of conversion in Owner's name. Miranda shall bear the cost of the application for such conversion, and Miranda shall during the term of this Agreement pay to the United States all periodic payments required to preserve or maintain such converted interests, including, without limitation, permit, license, lease, production royalties, holding fees, or other periodic payments. All converted interests or rights shall be deemed to be part of the Property subject to this Agreement. Upon the grant or issuance of such converted interests or rights, the parties shall execute and deliver an addendum to this Agreement, in recordable form, by which such converted interests or rights are made subject to this Agreement.
Rights on Conversion. The holder of any FT Subscription Receipt converted pursuant to Section 4.1(a) hereof shall have no rights thereunder except to be issued FT Shares upon the conversion of the FT Subscription Receipts.
Rights on Conversion. The holder of any Flow-Through Unit Subscription Receipt converted pursuant to Section 4.1(a) hereof shall have no rights hereunder except to be issued FT Unit Shares and Warrants upon the conversion of the Flow-Through Unit Subscription Receipts.
