Subscription Receipt Agent Clause Samples
The Subscription Receipt Agent clause designates a third-party agent responsible for managing and administering subscription receipts in a transaction. Typically, this agent holds the funds received from investors until certain conditions, such as regulatory approvals or closing of a deal, are met. The agent ensures that funds are only released to the issuer or returned to investors based on the fulfillment or failure of these conditions. This clause is essential for safeguarding investor funds and providing assurance that the transaction will proceed only if all agreed-upon requirements are satisfied.
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Subscription Receipt Agent. The Corporation will ensure that on or prior to the Closing Date, the Subscription Receipt Agent has been duly appointed to act as subscription receipt agent in respect of the Subscription Receipts.
Subscription Receipt Agent. The Subscription Receipt Agent at its principal office in Vancouver, British Columbia has been duly appointed as the subscription receipt agent in respect of the Subscription Receipts.
Subscription Receipt Agent. The Subscription Receipt Agent at its principal office in Calgary, Alberta has been duly appointed as the subscription receipt agent in respect of the Subscription Receipts.
Subscription Receipt Agent. Prior to Closing, Computershare Trust Company of Canada at its offices in Toronto, Ontario will be duly appointed as the subscription receipt agent and registrar for the Subscription Receipts;
Subscription Receipt Agent. Computershare Trust Company of Canada at its offices in Vancouver, British Columbia has been duly appointed as the subscription receipt agent and registrar for the Subscription Receipts;