Examples of Canadian Grantors in a sentence
We hereby consent to the filing of this opinion with the U.S. Securities and Exchange Commission as an exhibit to the registration statement on Form F-4 for the Issuers and the guarantors (including the Canadian Grantors).
The First Supplemental Indenture has been duly executed by each of the Canadian Grantors, and to the extent that Applicable Laws apply to such delivery, has been delivered by it.
The execution and delivery of the First Supplemental Indenture and performance by each of the Canadian Grantors of the First Supplemental Indenture and the Indenture has been authorized by all necessary corporate action on its part.
We do not regularly act as counsel to the Canadian Grantors, nor have we participated in the general maintenance of, nor conducted any review of, their corporate records and corporate proceedings.
No authorization, consent or approval of or filing with any governmental authority was required to be obtained by the Canadian Grantors under Applicable Laws in connection with the execution and delivery by the Canadian Grantors of the First Supplemental Indenture or is required with the performance at this time by each of the Canadian Grantors of its obligations thereunder or under the Indenture.
In particular, as to certain matters of fact relevant to the opinions expressed below, we have relied on certificates of an authorized signatory of each of the Canadian Grantors (the “Officer’s Certificates”) dated the date hereof and dated November 18, 2010, without making any independent verification or inquiry.
Upon delivery of any such counterpart agreement to the Canadian Collateral Agent, notice of which is hereby waived by Canadian Grantors, each Additional Canadian Grantor shall be a Canadian Grantor and shall be as fully a party hereto as if Additional Canadian Grantor were an original signatory hereto.
Upon the payment in full of all Canadian Secured Obligations, the cancellation or termination of the commitments and any other contingent obligation included in the Canadian Secured Obligations, the security interest granted hereby shall terminate hereunder and of record and all rights to the Collateral shall revert and be deemed reassigned to Canadian Grantors.
This Agreement shall become effective upon the execution of a counterpart hereof by each of the parties hereto and receipt by Canadian Grantors and the Canadian Collateral Agent of written or telephonic notification of such execution and authorization of delivery thereof.
Each Canadian Grantor acknowledges that it is not authorized to file any financing statement or financing change statement or termination and release with respect to any financing statement without the prior written consent of Canadian Agent and agrees that it will not do so without the prior written consent of Canadian Agent, subject to such Canadian Grantor's rights under the PPSA.