Common use of Suits by Receiptholders Clause in Contracts

Suits by Receiptholders. All or any of the rights conferred upon any Receiptholder by any of the terms of the Subscription Receipt Certificates or of this Agreement, or of both, may be enforced by the Receiptholder by appropriate proceedings but without prejudice to the right which is hereby conferred upon the Escrow Agent to proceed in its own name to enforce each and all of the provisions contained herein for the benefit of the Receiptholders.

Appears in 5 contracts

Samples: Spark, Subscription Receipt Agreement, Subscription Receipt Agreement (Canetic Resources Trust)

AutoNDA by SimpleDocs

Suits by Receiptholders. All or any of the rights conferred upon any Receiptholder by any of the terms of the Subscription Receipt Certificates or of this Agreement, or of both, may be enforced by the Receiptholder by appropriate proceedings but without prejudice to the right which is hereby conferred upon on the Escrow Subscription Receipt Agent to proceed in its own name to enforce each and all of the provisions contained herein for the benefit as agent on behalf of the Receiptholders.

Appears in 3 contracts

Samples: Subscription Receipt Agreement (Cae Inc), Subscription Receipt Agreement (Cae Inc), Subscription Receipt Agreement (Transcanada Corp)

Suits by Receiptholders. All or any of the rights conferred upon any Receiptholder by any of the terms of the Subscription Receipt Certificates or of this Agreement, or of both, may be enforced by the Receiptholder by appropriate proceedings but without prejudice to the right which is hereby conferred upon on the Escrow Subscription Receipt Agent to proceed in its own name to enforce each and all or any of the provisions contained herein for the benefit as agent on behalf of the Receiptholders.

Appears in 1 contract

Samples: Subscription Receipt Agreement (Pembina Pipeline Corp)

Suits by Receiptholders. All or any of the rights conferred upon any Receiptholder by any of the terms of the Subscription Receipt Certificates or term of this Agreement, or of both, Agreement may be enforced by the Receiptholder by appropriate proceedings but without prejudice to the right which is hereby conferred upon the Escrow Agent to proceed in its own name to enforce each and all of the provisions contained herein for the benefit of the ReceiptholdersReceiptholder.

Appears in 1 contract

Samples: Subscription Receipt Agreement (Bce Inc)

AutoNDA by SimpleDocs

Suits by Receiptholders. All or any of the rights conferred upon any Receiptholder by any of the terms of the Subscription Receipt Certificates or of this Agreement, or of both, may be enforced by the Receiptholder by appropriate proceedings but without prejudice to the right which is hereby conferred upon on the Escrow Agent to proceed in its own name to enforce each and all of the provisions contained herein for the benefit of the Receiptholders.

Appears in 1 contract

Samples: Subscription Receipt Agreement (Transcanada Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!