Common use of Interim Order and Final Order Clause in Contracts

Interim Order and Final Order. Each party covenants and agrees that it will, as soon as reasonably practicable, apply to the Court pursuant to Section 252 of the Company Act for the Interim Order providing for among other things, the calling and holding of the Meeting for the purpose of, among other manners, considering and, if deemed advisable, approving the Arrangement and that, if the approval of the Corporation Common Shareholders and the approval of the Original Copper Mountain Security holders of the Arrangement as set forth in the Interim Order is obtained by the Corporation and Copper Mountain, respectively, as soon as practicable thereafter each party will take the necessary steps to submit the Arrangement to the Court and apply for the Final Order in such fashion as the Court may direct and the parties hereto may agree. As soon as practicable thereafter, and subject to compliance with any other conditions provided for in Article 4 hereof, the Corporation, New Skyline and Copper Mountain shall file with the Registrar pursuant to subsection 252(3) of the Company Act a certified copy of the Final Order and amendments to their respective memorandums to give effect to the Arrangement.