Common use of SURRENDER FOR CANCELLATION Clause in Contracts

SURRENDER FOR CANCELLATION. The Shareholder shall surrender the Shares for cancellation and the Escrow Agent shall deliver the certificates representing the Shares to the Issuer (a) at the time of a major reorganization of the Issuer, if required as a condition of the consent to the reorganization by the Superintendent or the Exchange, (b) where the Issuer's shares have been subject to a cease trade order issued under the Act for a period of 2 consecutive years, (c) 10 years from the later of the date of issue of the Shares and the date of the receipt for the Issuer's prospectus on its IPO, or (d) where required by section 6(4).

SURRENDER FOR CANCELLATION. The Shareholder shall surrender the Shares for cancellation and the Escrow Agent shall deliver the certificates representing the Shares to the Issuer: (a) at the time of a major reorganization of the Issuer, if required as a condition of the consent to the reorganization by the Superintendent or the Exchange, (b) where the Issuer's shares have been subject to a cease trade order issued under the Act for a period of 2 consecutive years, (c) 10 5 years from the later of date the date of issue of the Shares and the date of the receipt Exchange has accepted this Agreement for the Issuer's prospectus on its IPO, orfiling. (d) where required by section 6(4).

SURRENDER FOR CANCELLATION. The Shareholder shall surrender the Shares for cancellation and the Escrow Agent shall deliver the certificates representing the Shares to the Issuer Issuer (a) at the time of a major reorganization of the Issuer, if required as a condition of the consent to the reorganization by the Superintendent or the Exchange, , (b) where the Issuer's shares have been subject to a cease trade order issued under the Act for a period of 2 consecutive years, , (c) 10 5 years from the later of date that the date of issue of the Shares and the date of the receipt Exchange accepts this Agreement for the Issuer's prospectus on its IPOfiling, or or (d) where required by section 6(4sections 6 (4) (5) and (6).

SURRENDER FOR CANCELLATION. The Shareholder shall surrender the Shares for cancellation by the Issuer and the Escrow Agent shall deliver the certificates representing the Shares to the Issuer: (a1) at the time of a major reorganization of the Issuer, if required as a condition of the consent to the reorganization by the Superintendent or the Exchange,Executive Director; (b2) where the Issuer's shares have been subject to a cease trade order issued under the Act for a period of 2 consecutive years,; and (c) 10 years from the later of the date of issue of the Shares and the date of the receipt for the Issuer's prospectus on its IPO, or (d3) where required by section 6(4).

SURRENDER FOR CANCELLATION. The Shareholder shall surrender the Shares for cancellation and the Escrow Agent shall deliver the certificates representing the Shares to the Issuer (a) at the time of a major reorganization of the Issuer, if required as a condition of the consent to the reorganization by the Superintendent or the Exchange, (b) where the Issuer's shares have been subject to a cease trade order issued under the Act for a period of 2 consecutive years, (c) 10 years on December 1, 1999 if such Shares have not previously been released from the later terms of the date of issue of the Shares and the date of the receipt for the Issuer's prospectus on its IPOthis agreement, or (d) where required by section 6(4).

SURRENDER FOR CANCELLATION. The Shareholder shall surrender the Shares for cancellation and the Escrow Agent shall deliver the certificates representing the Shares to the Issuer (a) at the time of a major reorganization of the Issuer, if required as a condition of the consent to the reorganization by the Superintendent Executive Director or the Exchange, (b) where the Issuer's shares have been subject to a cease trade order issued under the Act for a period of 2 consecutive years,. (c) 10 five years from the later of date the date of issue of the Shares and the date of the receipt exchange has accepted this Agreement for the Issuer's prospectus on its IPO, filing or (d) where required by section 6(46(d).

SURRENDER FOR CANCELLATION. The Shareholder shall surrender the Shares for cancellation and the Escrow Agent shall deliver the certificates representing the Shares Share to the Issuer (a) at the time of a major reorganization of the Issuer, if required as a condition of the consent to the reorganization by the Superintendent or the Exchange,; (b) where the Issuer's shares have been subject to a cease trade order issued under the Act for a period of 2 consecutive years, (c) 10 years from the later of the date of issue of the Shares and the date of the receipt for the Issuer's prospectus on its IPO, or (d) where required by section 6(4).;

SURRENDER FOR CANCELLATION. The Shareholder shall surrender the Shares for cancellation and the Escrow Agent shall deliver the certificates representing the Shares to the Issuer: (a) at the time of a major reorganization of the Issuer, if required as a condition of the consent to the reorganization by the Superintendent or the Exchange, (b) where the Issuer's shares have been subject to a cease trade order issued under the Act for a period of 2 consecutive years,, or (c) 10 years from the later of the date of issue of the Shares and the date of the receipt for the Issuer's prospectus on its IPOhereof, or (d) where required by section 6(4).

SURRENDER FOR CANCELLATION. The Shareholder shall surrender the Shares for cancellation by the Issuer and the Escrow Agent shall deliver the certificates representing the Shares to the Issuer: (a) at the time of a major reorganization of the Issuer, if required as a condition of the consent to the reorganization by the Superintendent or the Exchange,Executive Director; (b) where the Issuer's shares have been subject to a cease trade order issued under the Act for a period of 2 consecutive years,; and (c) 10 years from the later of the date of issue of the Shares and the date of the receipt for the Issuer's prospectus on its IPO, or (d) where required by section 6(4).