Common use of Transfer and Ownership of Warrants Clause in Contracts

Transfer and Ownership of Warrants. (1) The Warrants may only be transferred on the register kept by the Warrant Agent at the Warrant Agency by the holder or its legal representatives or its attorney duly appointed by an instrument in writing in form and execution satisfactory to the Warrant Agent only upon (a) in the case of a Warrant Certificate, surrendering to the Warrant Agent at the Warrant Agency the Warrant Certificate representing the Warrants to be transferred together with a duly executed transfer form as set forth in Schedule “A” and (b) in the case of Uncertificated Warrants, in accordance with Applicable Procedures prescribed by the Depository under the book entry registration system, and (c) upon compliance with: (i) the conditions herein; (ii) such requirements as the Warrant Agent may prescribe; and (iii) all applicable securities legislation and requirements of regulatory authorities; and, such transfer shall be duly noted in such register by the Warrant Agent. Upon compliance with such requirements, the Warrant Agent shall issue to the transferee of a Warrant Certificate, a Warrant Certificate and to the transferee of an Uncertificated Warrant, an Uncertificated Warrant, or the Warrant Agent shall Authenticate and deliver a Warrant Certificate upon request that part of the Uncertificated Warrant be certificated. Transfers within the systems of the Depository are not the responsibility of the Warrant Agent and will not be noted on the register maintained by the Warrant Agent. Subject to the provisions of this Indenture and Applicable Legislation, the Warrantholder shall be entitled to the rights and privileges attaching to the Warrants, and the issue of Warrant Shares by the Corporation upon the exercise of Warrants in accordance with the terms and conditions herein contained shall discharge all responsibilities of the Corporation and the Warrant Agent with respect to such Warrants and neither the Corporation nor the Warrant Agent shall be bound to inquire into the title of any such holder.

Transfer and Ownership of Warrants. (1) The Warrants may only be transferred on the register kept by the Warrant Agent at the Warrant Agency by the holder or its legal representatives or its attorney duly appointed by an instrument in writing in form and execution satisfactory to the Warrant Agent only upon (a) in the case of a Warrant Certificate, surrendering to the Warrant Agent at the Warrant Agency the Warrant Certificate representing the Warrants to be transferred together with a duly executed transfer form as set forth in Schedule “A” and ”; (b) in the case of Uncertificated CDS Warrants, in accordance with Applicable Procedures prescribed by the Depository under the book entry registration system; (c) in the case of Uncertificated Warrants, which are not CDS Warrants, surrendering to the Warrant Agent at the Warrant Agency, instruction from the holder in form reasonably satisfactory to the Warrant Agent; and (cd) upon compliance with: (i) the conditions herein; (ii) such requirements as the Warrant Agent may prescribe; and (iii) all applicable securities legislation and requirements of regulatory authorities; and, such transfer shall be duly noted in such register by the Warrant Agent. Upon compliance with such requirements, the Warrant Agent shall issue to the transferee of a Warrant Certificate, a Warrant Certificate and to the transferee of an Uncertificated Warrant, an Uncertificated Warrant, or the Warrant Agent shall Authenticate and deliver a Warrant Certificate upon request that part of the Uncertificated Warrant be certificated. Transfers within the systems of the Depository are not the responsibility of the Warrant Agent and will not be noted on the register maintained by the Warrant Agent. Subject to the provisions of this Indenture and Applicable Legislation, the Warrantholder shall be entitled to the rights and privileges attaching to the Warrants, and the issue of Warrant Shares by the Corporation upon the exercise of Warrants in accordance with the terms and conditions herein contained shall discharge all responsibilities of the Corporation and the Warrant Agent with respect to such Warrants and neither the Corporation nor the Warrant Agent shall be bound to inquire into the title of any such holder.

Transfer and Ownership of Warrants. (1) The Warrants may only be transferred on the register kept by the Warrant Agent at the Warrant Agency office of the Trustee set forth in Section 2.03 in accordance with applicable laws and upon compliance with the conditions hereof by the holder or its his or her legal representatives or its his or her or their attorney duly appointed by an instrument in writing in form and execution substance satisfactory to the Warrant Agent only Trustee and upon (a) in the case surrender of a Warrant Certificate, surrendering to the Warrant Agent at the Warrant Agency the Warrant Certificate representing the Warrants to be transferred together with a duly executed and due execution by the holder of the transfer in the form as set forth in Schedule “A” the Warrant Certificate and (b) in delivery of the case of Uncertificated Warrants, in accordance same to the Trustee and compliance with Applicable Procedures prescribed by the Depository under the book entry registration system, and (c) upon compliance with: (i) the conditions herein; (ii) such other reasonable requirements as the Warrant Agent Company and the Trustee may prescribe; and (iii) all applicable securities legislation and requirements of regulatory authorities; and, such transfer shall be duly noted in such on the register by the Trustee and the Company shall, in accordance with the provisions of Section 2.10 hereof, cause a new Warrant AgentCertificate to be issued and sent to the new holder. Upon The reasonable transfer charges of the Trustee with respect to the transfer of Warrants shall be payable by the applicable Warrantholder. The Warrants are subject to a hold period under applicable securities legislation and may not be transferred until the expiry of the hold period, except as permitted in compliance with such requirements, applicable securities legislation. The Company shall direct the Warrant Agent shall issue Trustee as to matters related to the transferee of a Warrant Certificate, a Warrant Certificate and to the transferee of an Uncertificated Warrant, an Uncertificated Warrant, or the Warrant Agent shall Authenticate and deliver a Warrant Certificate upon request that part of the Uncertificated Warrant be certificated. Transfers within the systems of the Depository are not the responsibility of the Warrant Agent and will not be noted on the register maintained by the Warrant Agentapplicable legislation. Subject to the provisions of this Indenture and Applicable Legislationapplicable law, the Warrantholder shall be entitled to the rights and privileges attaching to the Warrants, Warrants free from all equities and rights of set-off or counter claim between the Company and the issue transferor or any previous holder of Warrant Warrants and the issuance of Common Shares by the Corporation Company upon the exercise of Warrants by any Warrantholder in accordance with the terms and conditions herein contained shall discharge all responsibilities of the Corporation Company and the Warrant Agent Trustee with respect to such Warrants and neither the Corporation nor the Warrant Agent shall be bound to inquire into the title of any such holderWarrants.

Transfer and Ownership of Warrants. (1) The Warrants may only be transferred on the register kept by the Warrant Agent at the Warrant Agency by the holder thereof or its executors, administrators or other legal representatives or its attorney duly appointed by an instrument in writing in form and execution satisfactory to the Warrant Agent only upon (a) upon, in the case of a Warrant Certificate, surrendering to the Warrant Agent at the Warrant Agency the Warrant Certificate Certificates representing the Warrants to be transferred together with a duly executed transfer form as set forth in Schedule “A” Transfer Form (together with a duly completed and (bsigned Declaration for Removal of Legend and/or opinion of counsel, if required) and, in the case of Uncertificated Book Entry Warrants, in accordance with Applicable Procedures procedures prescribed by the Depository under CDSX or the applicable book entry registration system, and (c) and, in either case, upon compliance with: with (ia) the conditions hereinhereof; (iib) such reasonable requirements as the Warrant Agent may prescribe; and (iiic) all applicable securities legislation and requirements of regulatory authorities; and, and such transfer shall be duly noted in such register by the Warrant Agent. Upon compliance with such requirements, the Warrant Agent shall issue to the transferee of a Warrant CertificateCertificated Warrant, a Warrant Certificate and to the transferee of an Uncertificated Warrant, an Uncertificated Warrant, or the Warrant Agent shall Authenticate and deliver a Warrant Certificate upon request that part of the Uncertificated CDS Global Warrant be certificated. Transfers within the systems of the Depository are not the responsibility of the Warrant Agent and will not be noted on the register maintained by the Warrant Agent. Subject to the provisions of this Indenture and Applicable Legislation, the Warrantholder shall be entitled to the rights and privileges attaching to the Warrants, and the issue of Warrant Shares by the Corporation upon the exercise of Warrants in accordance with the terms and conditions herein contained shall discharge all responsibilities of the Corporation and the Warrant Agent with respect to such Warrants and neither the Corporation nor the Warrant Agent shall be bound to inquire into the title of any such holder.