Common use of Taxes and Charges on Conversion Clause in Contracts

Taxes and Charges on Conversion. The Corporation will from time to time promptly pay or make provision satisfactory to the Holder for the payment of any and all stamp and similar taxes and charges which may be imposed by the laws of Canada or any province thereof (however in no event shall the Corporation be required to pay any security transfer tax, income tax or other tax) which shall be payable with respect to the issuance and/or delivery to the Holder, upon the exercise of its right to conversion, of Common Shares pursuant to the terms of this Debenture.

Taxes and Charges on Conversion. The Corporation will from time to time promptly pay or make provision satisfactory to the Holder Trustee for the payment of any and all stamp and similar taxes and charges which may be imposed by the laws of Canada or the United States or any province thereof or state thereof, as applicable, (however in no event shall the Corporation be required to pay any except income tax or security transfer tax, income tax or other taxif any) which shall be payable with respect to the issuance and/or or delivery of Common Shares to the Holder, Holders of Notes upon the exercise of its their right to conversion, of Common Shares conversion pursuant to the terms of the Notes and of this DebentureIndenture.

Taxes and Charges on Conversion. The Corporation will from time to time promptly pay or make provision satisfactory to the Holder Trustee for the payment of any and all stamp and similar taxes and charges which that may be imposed by the any laws of applicable in Canada or any province thereof the United States (however in no event shall the Corporation be required to pay any except income tax or security transfer tax, income tax or other taxif any) which that shall be payable with respect to the payment, issuance or delivery of monies and/or delivery Exchangeable Shares to the Holder, Holders of Debentures upon the exercise of its their right to conversion, of Common Shares conversion pursuant to the terms of the Debentures and of this DebentureIndenture.