Common use of Effect of Exercise of Warrants Clause in Contracts

Effect of Exercise of Warrants. (1) Upon the exercise of Warrants pursuant to and in compliance with Section 3.2 and subject to Section 3.3, the Common Shares to be issued pursuant to the Warrants exercised shall be deemed to have been issued and the person or persons to whom such Common Shares are to be issued shall be deemed to have become the holder or holders of such Common Shares on the Exercise Date unless the Register shall be closed on such date, in which case the Common Shares subscribed for shall be deemed to have been issued, and such person or persons deemed to have become the holder or holders of record of such Common Shares, on the date on which such Register is reopened. (2) Within five Business Days after the Exercise Date with respect to a Warrant, the Warrant Agent shall use commercially reasonable efforts to cause to be delivered or mailed to the person or persons in whose name or names the Warrant is registered or, if so specified in writing by the holder, cause to be delivered to such person or persons at the Warrant Agency where the Warrant Certificate was surrendered, a certificate or certificates or DRS Advices for the appropriate number of Common Shares subscribed for, or any other appropriate evidence of the issuance of Common Shares to such person or persons in respect of Common Shares issued under the book entry registration system or direct registration system.

Effect of Exercise of Warrants. (1) Upon the exercise of Warrants pursuant to and in compliance with Section 3.2 and subject to Section 3.33.3 and Section 3.4, the Common Shares to be issued pursuant to the Warrants exercised shall be deemed to have been issued and the person or persons to whom such Common Shares are to be issued shall be deemed to have become the holder or holders of such Common Shares on as of the Exercise Date Date, unless the Register registers shall be closed on such date, in which case the Common Shares subscribed for shall be deemed to have been issued, issued and such person or persons deemed to have become the holder or holders of record of such Common Shares, on the date on which such Register is registers are reopened. (2) Within five Business Days after the Exercise Date with respect to a Warrant, the Warrant Agent on behalf of the Corporation shall use commercially reasonable efforts to deliver or shall cause to be delivered or mailed to the person or persons in whose name or names the Warrant is registered or, if so specified in writing by the holder, cause to be delivered to such person or persons at the Warrant Agency where the Warrant Certificate was surrendered, a certificate or certificates or DRS Advices for the appropriate number of Common Shares subscribed for, or any other appropriate evidence of the issuance of Common Shares to such person or persons in respect of Common Shares issued under the book entry registration system or direct registration system.

Effect of Exercise of Warrants. (1a) Upon compliance by the exercise holder of Warrants pursuant to and in compliance any Warrant Certificate with the provisions of Section 3.2 3.1, and subject to Section 3.3, the Common Shares to be issued pursuant to the Warrants exercised subscribed for shall be deemed to have been issued as fully paid and non-assessable and the person or persons to whom such Common Shares are to be issued shall be deemed to have become the holder or holders of record of such Common Shares on the Exercise Date unless the Register transfer registers of the Corporation shall be closed on such date, in which case the Common Shares subscribed for shall be deemed to have been issued, issued and such person or persons deemed to have become the holder or holders of record of such Common Shares, on the date on which such Register is transfer registers are reopened. (2b) Within five Business Days after the Exercise Date with respect to of a WarrantWarrant as set forth above, the Warrant Agent Corporation shall use commercially reasonable efforts to cause to be delivered or mailed to the person or persons in whose name or names the Warrant is registered Common Shares so subscribed for have been issued, as specified in the exercise form completed in connection with the exercise of the Warrants, at the address specified in such exercise form or, if so specified in writing by the holdersuch exercise form, cause to be delivered to such person or persons at the Warrant Agency where the Warrant Certificate was surrendered, a certificate or certificates or DRS Advices for the appropriate number of Common Shares subscribed for, or any other appropriate evidence of the issuance of Common Shares to such person or persons in respect of Common Shares issued under the book entry registration system or direct registration system.

Effect of Exercise of Warrants. (1) Upon the exercise of Warrants pursuant to and in compliance with Section 3.2 and subject to Section 3.33.3 and Section 3.4, the Common Warrant Shares to be issued pursuant to the Warrants exercised shall be deemed to have been issued and the person or persons to whom such Common Warrant Shares are to be issued shall be deemed to have become the holder or holders of such Common Warrant Shares on the Exercise Date Date, unless the Register register shall be closed on such date, in which case the Common Warrant Shares subscribed for shall be deemed to have been issued, issued and such person or persons deemed to have become the holder or holders of record of such Common Warrant Shares, on the date on which such Register register is reopened. (2) Within five two Business Days after the Exercise Date with respect to a Warrant, the Warrant Agent shall use commercially reasonable efforts to cause to be delivered or mailed to the person or persons in whose name or names the Warrant is registered or, if so specified in writing by the holder, cause to be delivered to such person or persons at the Warrant Agency where the Warrant Certificate was surrendered, a certificate or certificates or DRS Advices for the appropriate number of Common Warrant Shares subscribed for, or any other appropriate evidence of the issuance of Common Warrant Shares to such person or persons in respect of Common Warrant Shares issued under the book entry registration system or direct registration system.

Effect of Exercise of Warrants. (1) Upon the exercise of Warrants pursuant to and in compliance with Section 3.2 and subject to Section 3.33.3 and Section 0, the Common Shares to be issued pursuant to the Warrants exercised shall be deemed to have been issued and the person or persons to whom such Common Shares are to be issued shall be deemed to have become the holder or holders of such Common Shares on as of the Exercise Date Date, unless the Register registers shall be closed on such date, in which case the Common Shares subscribed for shall be deemed to have been issued, issued and such person or persons deemed to have become the holder or holders of record of such Common Shares, on the date on which such Register is registers are reopened. (2) Within five two Business Days after the Exercise Date with respect to a Warrant, the Warrant Agent on behalf of the Corporation shall use commercially reasonable efforts to deliver or shall cause to be delivered or mailed to the person or persons in whose name or names the Warrant is registered or, if so specified in writing by the holder, cause to be delivered to such person or persons at the Warrant Agency where the Warrant Certificate was surrendered, a certificate or certificates or DRS Advices for the appropriate number of Common Shares subscribed for, or any other appropriate evidence of the issuance of Common Shares to such person or persons in respect of Common Shares issued under the book entry registration system or direct registration systempersons.

Effect of Exercise of Warrants. (1) Upon the exercise of Warrants pursuant to and in compliance with Section 3.2 and subject andsubject to Section 3.3, the Common Shares to be issued pursuant to the Warrants exercised shall be deemed to have been issued and the person or persons to whom such Common Shares are to be issued shall be deemed to have become the holder or holders of such Common Shares on as of the Exercise Date Date, unless the Register registers shall be closed on such date, in which case the Common Shares subscribed for shall be deemed to have been issued, issued and such person or persons deemed to have become the holder or holders of record of such Common Shares, on the date on which such Register is registers are reopened. (2) . Within five Business Days after the Exercise Date with respect to a Warrant, the Warrant Agent on behalf of the Corporation shall use commercially reasonable efforts to deliver or shall cause to be delivered or mailed to the person or persons in whose name or names the Warrant is registered or, if so specified in writing by the holder, cause to be delivered to such person or persons at the Warrant Agency where the Warrant Certificate was surrendered, a certificate or certificates or DRS Advices for the appropriate number of Common Shares subscribed for, or any other appropriate evidence of the issuance of Common Shares to such person or persons in respect of Common Shares issued under the book entry registration system or direct registration system.

Effect of Exercise of Warrants. (1) Upon the exercise of Warrants pursuant to and in compliance with Section 3.2 and subject to Section 3.3, the Common Shares to be issued pursuant to the Warrants exercised shall be deemed to have been issued and the person or persons to whom such Common Shares are to be issued shall be deemed to have become the holder or holders of such Common Shares on the Exercise Date unless the Register register shall be closed on such date, in which case the Common Shares subscribed for shall be deemed to have been issued, issued and such person or persons deemed to have become the holder or holders of record of such Common Shares, on the date on which such Register register is reopened. It is hereby understood that, in order for persons to whom Common Shares are to be issued, to become holders of Common Shares on record on the Exercise Date, beneficial holders must commence the exercise process sufficiently in advance so that the Warrant Agent is in receipt of all items of exercise at least one Business Day prior to such Exercise Date. (2) Within five Business Days after the Exercise Date with respect to a Warrant, the Warrant Agent shall use commercially reasonable efforts to cause to be delivered or mailed to the person or persons in whose name or names the Warrant is registered or, if so specified in writing by the holder, cause to be delivered to such person or persons at the Warrant Agency where the Warrant Certificate was surrendered, a certificate or certificates or DRS Advices for the appropriate number of Common Shares subscribed for, or any other appropriate evidence of the issuance of Common Shares to such person or persons in respect of Common Shares issued under the book entry registration system or direct registration system.

Effect of Exercise of Warrants. (1) Upon the exercise of Warrants pursuant to and in compliance with Section 3.2 and subject to Section 3.33.3 and Section 3.4, the Common Shares to be issued pursuant to the Warrants exercised shall be deemed to have been issued and the person or persons to whom such Common Shares are to be issued shall be deemed to have become the holder or holders of such Common Shares on as of the Exercise Date Date, unless the Register registers shall be closed on such date, in which case the Common Shares subscribed for shall be deemed to have been issued, issued and such person or persons deemed to have become the holder or holders of record of such Common Shares, on the date on which such Register is reopened.registers are reopened.‌ (2) Within five Business Days after the Exercise Date with respect to a Warrant, the Warrant Agent on behalf of the Corporation shall use commercially reasonable efforts to deliver or shall cause to be delivered or mailed to the person or persons in whose name or names the Warrant is registered or, if so specified in writing by the holder, cause to be delivered to such person or persons at the Warrant Agency where the Warrant Certificate was surrendered, a certificate or certificates or DRS Advices for the appropriate number of Common Shares subscribed for, or any other appropriate evidence of the issuance of Common Shares to such person or persons in respect of Common Shares issued under the book entry registration system or direct registration system.

Effect of Exercise of Warrants. (1) Upon the exercise of Warrants pursuant to and in compliance with Section 3.2 and subject to Section 3.33.3 and Section 3.4, the Common Shares to be issued pursuant to the Warrants exercised shall be deemed to have been issued and the person or persons to whom such Common Shares are to be issued shall be deemed to have become the holder or holders of such Common Shares on as of the Exercise Date Date, unless the Register registers shall be closed on such date, in which case the Common Shares subscribed for shall be deemed to have been issued, issued and such person or persons deemed to have become the holder or holders of record of such Common Shares, on the date on which such Register is registers are reopened. (2) Within five two Business Days after the Exercise Date with respect to a Warrant, the Warrant Agent on behalf of the Corporation shall use commercially reasonable efforts to deliver or shall cause to be delivered or mailed to the person or persons in whose name or names the Warrant is registered or, if so specified in writing by the holder, cause to be delivered to such person or persons at the Warrant Agency where the Warrant Certificate was surrendered, a certificate or certificates or DRS Advices for the appropriate number of Common Shares subscribed for, or any other appropriate evidence of the issuance of Common Shares to such person or persons in respect of Common Shares issued under the book entry registration system or direct registration systempersons.

Effect of Exercise of Warrants. (1) Upon the exercise of Warrants pursuant to and in compliance with Section 3.2 and subject to Section 3.3, 3.3 and Section 3.4 the Common Shares to be issued pursuant to the Warrants exercised shall be deemed to have been issued and the person or persons to whom such Common Shares are to be issued shall be deemed to have become the holder or holders of such Common Shares on as of the Exercise Date Date, unless the Register registers shall be closed on such date, in which case the Common Shares subscribed for shall be deemed to have been issued, issued and such person or persons deemed to have become the holder or holders of record of such Common Shares, on the date on which such Register is registers are reopened. (2) Within five Business Days after the Exercise Date with respect to a Warrant, the Warrant Agent on behalf of the Corporation shall use commercially reasonable efforts to deliver or shall cause to be delivered or mailed to the person or persons in whose name or names the Warrant is registered or, if so specified in writing by the holder, cause to be delivered to such person or persons at the Warrant Agency where the Warrant Certificate was surrendered, a certificate or certificates or DRS Advices for the appropriate number of Common Shares subscribed for, or any other appropriate evidence of the issuance of Common Shares to such person or persons in respect of Common Shares issued under the book entry registration system or direct registration system.

Effect of Exercise of Warrants. (1) Upon the exercise of Warrants pursuant to and in compliance with Section 3.2 and subject to Section 3.3, the Common Shares to be issued pursuant to the Warrants exercised shall be deemed to have been issued and the person or persons to whom such Common Shares are to be issued shall be deemed to have become the holder or holders of such Common Shares on as of the Exercise Date Date, unless the Register registers shall be closed on such date, in which case the Common Shares subscribed for shall be deemed to have been issued, issued and such person or persons deemed to have become the holder or holders of record of such Common Shares, on the date on which such Register is registers are reopened. (2) Within five Business Days after the Exercise Date with respect to a Warrant, the Warrant Agent on behalf of the Corporation shall use commercially reasonable efforts to deliver or shall cause to be delivered or mailed to the person or persons in whose name or names the Warrant is registered or, if so specified in writing by the holder, cause to be delivered to such person or persons at the Warrant Agency where the Warrant Certificate was surrendered, a certificate or certificates or DRS Advices for the appropriate number of Common Shares subscribed for, or any other appropriate evidence of the issuance of Common Shares to such person or persons in respect of Common Shares issued under the book entry registration system or direct registration system.

Effect of Exercise of Warrants. (1) Upon the exercise of Warrants pursuant to and in compliance with Section 3.2 and subject to Section 3.3, the Common Shares to be issued pursuant to the Warrants exercised shall be deemed to have been issued and the person or persons to whom such Common Shares are to be issued shall be deemed to have become the holder or holders of such Common Shares on the Exercise Date unless the Register shall be closed on such date, in which case the Common Shares subscribed for shall be deemed to have been issued, and such person or persons deemed to have become the holder or holders of record of such Common Shares, on the date on which such Register is reopened. (2) Within five Business Days after the Exercise Date with respect to a Warrant, the Warrant Agent shall use commercially reasonable efforts to cause to be delivered or mailed to the person or persons in whose name or names the Warrant is registered or, if so specified in writing by the holder, cause to be delivered to such person or persons at the Warrant Agency where the Warrant Certificate was surrendered, a certificate or certificates or DRS Advices for the appropriate number of Common Shares subscribed for, or any other appropriate evidence of the issuance of Common Shares to such person or persons in respect of Common Shares issued under the book entry registration system or direct registration system.

Effect of Exercise of Warrants. (1) Upon the exercise of Warrants pursuant to and in compliance with Section 3.2 and subject to Section 3.3, the Common Shares to be issued pursuant to the Warrants exercised shall be deemed to have been issued and the person or persons to whom such Common Shares are to be issued shall be deemed to have become the holder or holders of such Common Shares on the Exercise Date unless the Register register shall be closed on such date, in which case the Common Shares subscribed for shall be deemed to have been issued, issued and such person or persons deemed to have become the holder or holders of record of such Common Shares, on the date on which such Register register is reopened. It is hereby understood that, in order for persons to whom Common Shares are to be issued, to become holders of Common Shares on record on the Exercise Date, beneficial holders must commence the exercise process sufficiently in advance so that the Warrant Agent is in receipt of all items of exercise at least one Business Day prior to such Exercise Date. (2) Within five Business Days after the Exercise Date with respect to a Warrant, the Warrant Agent shall use commercially reasonable efforts to cause to be delivered or mailed to the person or persons in whose name or names the Warrant is registered or, if so specified in writing by the holder, cause to be delivered to such person or persons at the Warrant Agency where the Warrant Certificate was surrendered, a certificate or certificates or DRS Advices for the appropriate number of Common Shares subscribed for, or any other appropriate evidence of the issuance of Common Shares to such person or persons in respect of Common Shares issued under the book entry registration system or direct registration system.

Effect of Exercise of Warrants. (1a) Upon the exercise of Warrants pursuant to and in compliance with Section 3.2 3.1 and subject to Section 3.33.5, the Common Shares to be issued pursuant to the Warrants exercised shall be deemed to have been issued and the person or persons to whom such Common Shares are to be issued shall be deemed to have become the holder or holders of record of such Common Shares on the Exercise Date unless the Register transfer registers of the Corporation shall be closed on such date, in which case the Common Shares subscribed for issued upon the exercise of any Warrants shall be deemed to have been issued, issued and such person or persons deemed to have become the holder or holders of record of such Common Shares, on the date on which such Register is transfer registers are reopened. (2b) Within The Corporation shall, upon receipt of the Warrant Certificate, the payment of the Exercise Price and the Exercise Form duly completed, as soon as practicable and in any event within five (5) Business Days after the Exercise Date with respect to a WarrantDate, the Warrant Agent shall use commercially reasonable efforts to cause to be delivered or mailed to the person or persons in whose name or names the Warrant is registered or, if so specified in writing by the holder, cause to be delivered to such person or persons at the Warrant Agency where the Warrant Certificate was surrendered, a certificate or certificates or DRS Advices for the appropriate number of Common Shares subscribed for, or any other appropriate evidence issued upon exercise of the issuance of Common Shares to such person or persons in respect of Common Shares issued under Warrants evidenced by the book entry registration system or direct registration systemWarrant Certificate.

Effect of Exercise of Warrants. (1) Upon the exercise of Warrants pursuant to and in compliance with Section section 3.2 and subject to Section 3.3section 3.3 and 3.4, the Common Shares to be issued pursuant to the Warrants exercised shall be deemed to have been issued and the person or persons to whom such Common Shares are to be issued shall be deemed to have become the holder or holders of such Common Shares on as of the Exercise Date Date, unless the Register registers shall be closed on such date, in which case the Common Shares subscribed for shall be deemed to have been issued, issued and such person or persons deemed to have become the holder or holders of record of such Common Shares, on the date on which such Register registers are reopened. It is reopenedhereby understood that in order for persons to whom Common Shares are issued to become holders of Common Shares of record on the Exercise Date, beneficial holders must commence the exercise process sufficiently in advance so that the Warrant Agent is in receipt of all items of exercise at least one Business Day prior to such Exercise Date. (2) Within five Business Days after the Exercise Date with respect to a Warrant, the Warrant Agent shall use commercially reasonable efforts to cause to be delivered or mailed to the person or persons in whose name or names the Warrant is registered or, if so specified in writing by the holder, cause to be delivered to such person or persons at the Warrant Agency where the Warrant Certificate was surrendered, a certificate or certificates or DRS Advices for the appropriate number of Common Shares subscribed for, or any other appropriate evidence of the issuance of Common Shares to such person or persons in respect of Common Shares issued under the book entry registration system or direct registration system.

Effect of Exercise of Warrants. (1a) Upon the exercise of Warrants pursuant to and in compliance with Section 3.2 3.3 and subject to Section 3.33.5, the Common Shares to be issued pursuant to the Warrants exercised shall be deemed to have been issued and the person or persons to whom such Common Shares are to be issued shall be deemed to have become the holder or holders of record of such Common Shares on the Exercise Date unless the Register transfer registers of the Transfer Agent shall be closed on such date, in which case the Common Shares subscribed for shall be deemed to have been issued, issued and such person or persons deemed to have become the holder or holders of record of such Common Shares, on the date on which such Register is transfer registers are reopened. (2b) Within five (5) Business Days after the Exercise Date with respect to a Warrant, the Warrant Agent Corporation shall use commercially reasonable efforts to cause to be delivered or mailed to the person or persons in whose name or names the a Warrant is registered or, if so specified in writing by the holder, cause to be delivered to such person or persons at the Warrant Agency where the Warrant Certificate was surrendered, a certificate or certificates or DRS Advices for the appropriate number of Common Shares subscribed for, or any other appropriate evidence of the issuance of Common Shares to such person or persons in respect of Common Shares issued under the book entry registration system or direct registration system.