Common use of The Shareholder Clause in Contracts

The Shareholder. (a) waives any rights it may have under sections 121, 125, 126, 127, 129 and 131 of the PPSA and its right to receive a verification statement pursuant to section 148 of the PPSA and agrees to contract out of its rights to receive a statement of account under section 116 of the PPSA; (b) Agrees that sections 114(1) (a), 133 and 134 of the PPSA will not apply on the enforcement by the Company of any security created or provided for by this Agreement; and Acknowledges that it has received a copy of this Agreement.

The Shareholder. (a) waives any rights it may have under sections 121, 125, 126, 127, 129 and 131 of the PPSA and its right to receive a verification statement pursuant to section 148 of the PPSA and agrees to contract out of its rights to receive a statement of account under section 116 of the PPSA; (b) Agrees agrees that sections 114(1) (a114(1)(a), 133 and 134 of the PPSA will not apply on the enforcement by the Company of any security created or provided for by this Agreement; and Acknowledges and (c) acknowledges that it has received a copy of this Agreement.

The Shareholder. (a) waives any rights it may have under sections 121, 125, 126, 127, 129 and 131 of the PPSA and its right to receive a verification statement pursuant to section 148 of the PPSA and agrees to contract out of its rights to receive a statement of account under section 116 of the PPSA; (b) Agrees that sections 114(1) (a), 133 and 134 of the PPSA will not apply on the enforcement by the Company of any security created or provided for by this the Agreement; and Acknowledges that it has received a copy of this the Agreement.