Common use of Cancellation of Subscription Receipts Clause in Contracts

Cancellation of Subscription Receipts. (a) Effective immediately after the Common Shares have been issued as contemplated in Subsection 3.1(a), the Subscription Receipts relating thereto shall be void and of no value or effect.

Appears in 1 contract

Sources: Subscription Receipt Agreement

Cancellation of Subscription Receipts. (a) Effective immediately after the FT Common Shares have been issued as contemplated in Subsection 3.1(a), the Subscription Receipts relating thereto shall be void and of no value or effect.

Appears in 1 contract

Sources: Subscription Receipt Agreement