Common use of Shares subscribed for Clause in Contracts

Shares subscribed for. In the event of any exercise of the right represented by this Warrant, certificates for the Common Shares so purchased shall be delivered to the holder hereof within a reasonable time, not exceeding three business days after the rights represented by this Warrant shall have been so exercised, and, unless this Warrant has expired, a new Warrant representing the number of Common Shares, if any, with respect to which this Warrant shall not then have been exercised shall also be issued to the holder hereof within such time. The Corporation covenants and agrees that all Common Shares which may be issued upon the exercise of the right represented by this Warrant will, upon issuance, be fully paid and non-assessable and free of all liens, charges and encumbrances. The Corporation further covenants and agrees that during the period within which the rights represented by this Warrant may be exercised, the Corporation will at all times have authorized and reserved, a sufficient number of Common Shares to provide for the exercise of the rights represented by this Warrant.

Shares subscribed for. In the event of any an exercise of the right rights represented by this Warrant, certificates for the Common Shares so purchased shall be delivered to the holder hereof Holder within a reasonable time, not exceeding three business ten (10) days after the rights represented by this Warrant shall have been so exercised, exercised and, unless this Warrant has expired, a new Warrant representing the number of Common Shares, if any, with respect to which this Warrant shall not then have been exercised shall also be issued to the holder hereof Holder within such time. The Corporation Company covenants and agrees that all Common Shares which may be issued upon the exercise of the right rights represented by this Warrant will, upon issuance, be fully paid and non-assessable and free of all liens, charges and encumbrancesassessable. The Corporation Company further covenants and agrees that during the period within which the rights represented by this Warrant may be exercised, the Corporation Company will at all times have authorized and reserved, reserved a sufficient number of Common Shares to provide for the exercise of the rights represented by this Warrant.. This Warrant is issued on the following terms and conditions:

Shares subscribed for. In the event of any an exercise of the right rights represented by this Warrant, certificates for the Common Shares so purchased shall be delivered to the holder hereof Holder within a reasonable time, not exceeding three business ten (10) days after the rights represented by this Warrant shall have been so exercised, exercised and, unless this Warrant has expired, a new Warrant representing the number of Common Shares, if any, with respect to which this Warrant shall not then have been exercised shall also be issued to the holder hereof Holder within such time. The Corporation Company covenants and agrees that all Common Shares which may be issued upon the exercise of the right rights represented by this Warrant will, upon issuance, be fully paid and non-assessable and free of all liens, charges and encumbrancesassessable. The Corporation Company further covenants and agrees that during the period within which the rights represented by this Warrant may be exercised, the Corporation Company will at all times have authorized and reserved, reserved a sufficient number of Common Shares to provide for the exercise of the rights represented by this Warrant.. The following are the terms and conditions referred to in this Warrant: