Common use of Termination of Voting Rights Clause in Contracts

Termination of Voting Rights. All of the rights of a Beneficiary with respect to the Beneficiary Votes exercisable in respect of the Exchangeable Shares held by such Beneficiary, including the right to instruct the Agent as to the voting of or to vote personally such Beneficiary Votes, shall be deemed to be surrendered by the Beneficiary to Parent, and such Beneficiary Votes and the Voting Rights represented thereby shall cease immediately upon the redemption of Exchangeable Shares pursuant to section 6 or 7 of the Share Provisions, or upon the effective date of the liquidation, dissolution or winding-up of Exchangeco pursuant to section 5 of the Share Provisions or upon the purchase of the Exchangeable Shares by NovaScotiaco pursuant to the exercise by NovaScotiaco of the Liquidation Call Right, Redemption Call Right or Retraction Call Right.

Termination of Voting Rights. All of the rights of a Beneficiary with respect to the Beneficiary Votes exercisable in respect of the Exchangeable Shares held by such Beneficiary, including the right to instruct the Agent as to the voting of or to vote personally such Beneficiary Votes, shall be deemed to be surrendered by the Beneficiary to ParentApta, and such Beneficiary Votes and the Voting Rights represented thereby shall cease immediately upon the redemption or retraction of the Beneficiary's Exchangeable Shares pursuant to section 6 or 7 of the Share Provisions, or upon the effective date of the liquidation, dissolution or winding-up of Exchangeco pursuant to section 5 of the Share Provisions or upon the purchase of the Exchangeable Shares by NovaScotiaco pursuant to the exercise by NovaScotiaco of the Liquidation Call Right, Redemption Call Right or Retraction Call Right.