Common use of The Closing Date in respect of the Units Clause in Contracts

The Closing Date in respect of the Units. Payment of the Offering Price for the Firm Units, and if applicable, any Additional Units, shall be made to the Company by wire transfer against delivery of the Unit Shares and, if applicable, Additional Unit Shares, to the Co-Lead Underwriters on behalf of the Underwriters, through the facilities of CDS Clearing and Depository Services Inc. (“CDS”) and/or The Depository Trust Company (“DTC”) designated by the Underwriters, and delivery to the Underwriters of Warrants, and if applicable, Additional Warrant certificates, in such names and denominations as the Underwriters may request, and such payment and delivery shall be made at 8:30 a.m. (Toronto time), on July 12, 2016 (the “Closing Date”) (unless another time shall be agreed to by the Co-Lead Underwriters and the Company or unless postponed in accordance with the provisions of Section 9 hereof). The Unit Shares, Additional Shares, Warrants and Additional Warrants shall be registered in such names and in such denominations as specified by the Co-Lead Underwriters on behalf of the Underwriters. It is understood that the Co-Lead Underwriters have been authorized, for their own accounts and the accounts of the non-defaulting Underwriters, to accept delivery of and receipt for, and make payment of the Offering Price for, the Units the Underwriters have agreed to purchase (subject to such adjustment as the Co-Lead Underwriters may determine to eliminate fractional shares and subject to adjustment in accordance with Section 9 hereof). The Co-Lead Underwriters, individually and not as the Co-Lead Underwriters of the Underwriters, may (but shall not be obligated to) make payment for any Units to be purchased by any Underwriter whose funds shall not have been received by the Co-Lead Underwriters by the Closing Date for the account of such Underwriter, but any such payment shall not relieve such Underwriter from any of its obligations under this Agreement.

The Closing Date in respect of the Units. Payment of the Offering Price for the Firm Units, and if applicable, any Additional Units, shall be made to the Company by wire transfer against delivery of the Unit Shares and, if applicable, Additional Unit Shares, to the Co-Lead Underwriters Underwriter on behalf of the Underwriters, through the facilities of CDS Clearing and Depository Services Inc. (“CDS”) and/or The Depository Trust Company (“DTC”) designated by the Underwriters, and delivery to the Underwriters of Warrants, and if applicable, Additional Warrant certificates, in such names and denominations as the Underwriters may request, and such payment and delivery shall be made at 8:30 a.m. (Toronto time), on July 1225, 2016 (the “Closing Date”) (unless another time shall be agreed to by the Co-Lead Underwriters Underwriter and the Company or unless postponed in accordance with the provisions of Section 9 hereofCompany). The Unit Shares, Additional Shares, Warrants and Additional Warrants shall be registered in such names and in such denominations as specified by the Co-Lead Underwriters Underwriter on behalf of the Underwriters. It is understood that the Co-Lead Underwriters have Underwriter has been authorized, for their own accounts and the accounts of the non-defaulting Underwriters, to accept delivery of and receipt for, and make payment of the Offering Price for, the Units the Underwriters have agreed to purchase (subject to such adjustment as the Co-Lead Underwriters Underwriter may determine to eliminate fractional shares and subject to adjustment in accordance with Section 9 hereofshares). The Co-Lead UnderwritersUnderwriter, individually and not as the Co-Lead Underwriters Underwriter of the Underwriters, may (but shall not be obligated to) make payment for any Units to be purchased by any Underwriter whose funds shall not have been received by the Co-Lead Underwriters Underwriter by the Closing Date for the account of such Underwriter, but any such payment shall not relieve such Underwriter from any of its obligations under this Agreement.

The Closing Date in respect of the Units. Payment of the Offering Price for the Firm Units, and if applicable, any Additional Units, shall be made to the Company by wire transfer against delivery of the Unit Shares and, if applicable, Additional Unit Shares, to the Co-Lead Underwriters on behalf of the Underwriters, through the facilities of CDS Clearing and Depository Services Inc. (“CDS”) and/or The Depository Trust Company (“DTC”) designated by the Underwriters, and delivery to the Underwriters of Warrants, and if applicable, Additional Warrant certificates, in such names and denominations as the Underwriters may request, and such payment and delivery shall be made at 8:30 a.m. (Toronto time), on July 12March 14, 2016 (the “Closing Date”) (unless another time shall be agreed to by the Co-Lead Underwriters and the Company or unless postponed in accordance with the provisions of Section 9 hereof). The Unit Shares, Additional Shares, Warrants and Additional Warrants Units shall be registered in such names and in such denominations as specified by the Co-Lead Underwriters on behalf of the Underwriters. It is understood that the Co-Lead Underwriters have been authorized, for their its own accounts account and the accounts of the non-defaulting Underwriters, to accept delivery of and receipt for, and make payment of the Offering Price for, the Units the Underwriters have agreed to purchase (subject to such adjustment as the Co-Lead Underwriters may determine to eliminate fractional shares and subject to adjustment in accordance with Section 9 hereof). The Co-Lead Underwriters, individually and not as the Co-Lead Underwriters of the Underwriters, may (but shall not be obligated to) make payment for any Units to be purchased by any Underwriter whose funds shall not have been received by the Co-Lead Underwriters by the Closing Date for the account of such Underwriter, but any such payment shall not relieve such Underwriter from any of its obligations under this Agreement.

The Closing Date in respect of the Units. Payment of the Offering Price for the Firm Units, and if applicable, any Additional Units, shall be made to the Company by wire transfer against delivery of the Unit Shares and, if applicable, Additional Unit Shares, to the Co-Lead Underwriters on behalf of the Underwriters, through the facilities of CDS Clearing and Depository Services Inc. (“CDS”) and/or The Depository Trust Company (“DTC”) designated by the Underwriters), and delivery to the Underwriters of Warrants, and if applicable, Additional Warrant certificates, in such names and denominations as the Underwriters may request, and such payment and delivery shall be made at 8:30 a.m. (Toronto time), on July 12August 8, 2016 (the “Closing Date”) (unless another time shall be agreed to by the Co-Lead Underwriters and the Company or unless postponed in accordance with the provisions of Section 9 hereof). The Unit Shares, Additional Shares, Warrants and Additional Warrants shall be registered in such names and in such denominations as specified by the Co-Lead Underwriters on behalf of the Underwriters. It is understood that the Co-Lead Underwriters have been authorized, for their own accounts and the accounts of the non-defaulting Underwriters, to accept delivery of and receipt for, and make payment of the Offering Price for, the Units the Underwriters have agreed to purchase (subject to such adjustment as the Co-Lead Underwriters may determine to eliminate fractional shares and subject to adjustment in accordance with Section 9 hereof). The Co-Lead Underwriters, individually and not as the Co-Lead Underwriters of the Underwriters, may (but shall not be obligated to) make payment for any Units to be purchased by any Underwriter whose funds shall not have been received by the Co-Lead Underwriters by the Closing Date for the account of such Underwriter, but any such payment shall not relieve such Underwriter from any of its obligations under this Agreement.

The Closing Date in respect of the Units. Payment of the Offering Price for the Firm Units, and if applicable, any Additional Units, Units shall be made to the Company by wire transfer against delivery of the Unit Shares and, if applicable, Additional Unit Shares, and to the Co-Lead Underwriters Underwriter on behalf of the Underwriters, through the facilities of CDS Clearing and Depository Services Inc. (“CDS”) and/or The Depository Trust Company (“DTC”) designated by the Underwriters, and delivery to the Underwriters of Warrants, and if applicable, Additional Warrant Warrants (as designated by the Lead Underwriter) as certificates, in such names and denominations as the Underwriters may request, and such payment and delivery shall be made at 8:30 a.m. (Toronto time), on July 12, 2016 the second business day following the date hereof (the “Closing Date”) (unless another time shall be agreed to by the Co-Lead Underwriters Underwriter and the Company or unless postponed in accordance with the provisions of Section 9 hereof). The Unit Shares, Additional Shares, Warrants Shares and Additional Warrants shall be registered in such names and in such denominations as specified by the Co-Lead Underwriters Underwriter on behalf of the Underwriters. It is understood that the Co-Lead Underwriters have Underwriter has been authorized, for their its own accounts account and the accounts of the non-defaulting Underwriters, to accept delivery of and receipt for, and make payment of the Offering Price for, the Units the Underwriters have agreed to purchase (subject to such adjustment as the Co-Lead Underwriters Underwriter may determine to eliminate fractional shares Units and subject to adjustment in accordance with Section 9 hereof). The Co-Lead UnderwritersUnderwriter, individually and not as the Co-Lead Underwriters of the UnderwritersUnderwriter, may (but shall not be obligated to) make payment for any Units to be purchased by any Underwriter whose funds shall not have been received by the Co-Lead Underwriters Underwriter by the Closing Date for the account of such Underwriter, but any such payment shall not relieve such Underwriter from any of its obligations under this Agreement.