Common use of Subject to Subsections 2 Clause in Contracts

Subject to Subsections 2. 1.3 and 3.1.4, any Exercise Form referred to in Subsection 3.1.1 shall be signed by the Warrantholder and shall specify the number of Common Shares which the holder desires to purchase (being not more than those which the holder is entitled to purchase pursuant to the Warrant(s) surrendered), the person or persons in whose name or names such Common Shares are to be registered, the address or addresses of such persons and the number of Common Shares to be registered in the name of each such person if more than one is so specified. If any of the Common Shares purchased are to be registered in the name or names of a person or persons other than the Warrantholder, the Warrantholder shall pay to the Corporation or the Warrant Agency on behalf of the Corporation, all applicable transfer or similar taxes and the Corporation shall not be required to deliver certificates evidencing Common Shares unless or until such Warrantholder shall have paid to the Corporation or the Warrant Agency on behalf of the Corporation the amount of such tax or shall have established to the satisfaction of the Corporation that such tax has been paid or that no tax is due. No such Common Shares shall be issued to any U.S. Person at any time when the Registration Statement is not effective.