Common use of Exchange of Subscription Receipt Certificates Clause in Contracts

Exchange of Subscription Receipt Certificates. Subject to Sections 2.13 and 2.14: (a) Subscription Receipt Certificates may, upon compliance with the reasonable requirements of the Subscription Receipt Agent, be exchanged for one or more other Subscription Receipt Certificates, bearing the same legends, representing the same aggregate number of Subscription Receipts as represented by the Subscription Receipt Certificate or Subscription Receipt Certificates so exchanged; (b) Subscription Receipt Certificates may be exchanged only at the Designated Office or at any other place that is designated by the Company with the approval of the Subscription Receipt Agent; (c) Subscription Receipt Certificates issued in exchange for Subscription Receipt Certificates in accordance with this section shall bear the legends set forth in Subsections 2.13 and 2.14(b), as applicable; and (d) any Subscription Receipt Certificate tendered for exchange shall be cancelled by the Subscription Receipt Agent.