Common use of Underwriting Fee Clause in Contracts

Underwriting Fee. In consideration for their services in underwriting the distribution of and purchasing the Offered Securities the Corporation agrees to pay the Underwriters: (a) at the Closing Time a fee of $37.50 per Firm Debenture for each Firm Debenture purchased (being an aggregate amount of $2,812,500); and (b) at the Additional Closing Time a fee of $37.50 per Over-Allotment Debenture for each Over-Allotment Debenture purchased (being an aggregate amount of up to $421,875); all such fees being payable from the general funds of the Corporation. The foregoing fees (the "Underwriting Fee") may, at the sole option of the Underwriters, be deducted from the aggregate gross proceeds of the sale of the Offered Securities and withheld for the account of the Underwriters. For greater certainty, the services provided by the Underwriters in connection herewith will not be subject to the Goods and Services Tax provided for in the Excise Tax Act (Canada) and taxable supplies provided will be incidental to the exempt financial services provided. However, in the event that Canada Customs and Revenue Agency determines that Goods and Services Tax provided for in the Excise Tax Act (Canada) is exigible on the Underwriting Fee, the Corporation agrees to pay the amount of Goods and Services Tax forthwith upon the request of the Underwriters. In the event that this offering is not completed, the Corporation also agrees to pay the Underwriters' reasonable expenses incurred in connection with this underwriting as set forth in paragraph 10 hereof.

Underwriting Fee. In consideration for their its services in underwriting the distribution of and purchasing the Offered Securities hereunder, the Corporation agrees to pay to the Underwriters: (a) at the Closing Time Time, a fee equal to the amount of $37.50 per Firm Debenture US$0.25 (5%) for each Firm Debenture Prospectus Unit purchased (being for an aggregate amount fee of $2,812,500); andUS$2,750,000; (b) at the Closing Time, a fee equal to the amount of Cdn$0.3085 (5%) for each Flow-Through Common Share purchased for an aggregate fee of Cdn$802,100; and (c) at the Additional Closing Time Time, a fee of $37.50 per Over-Allotment Debenture of: (i) US$0.25 (5%) for each Over-Allotment Debenture purchased Option Unit purchased; (being an aggregate amount of up to $421,875)ii) US$0.236 (5%) for each Over-Allotment Option Share purchased; all such fees being payable from the general funds of the Corporationand (iii) US$0.028 (5%) for each Over-Allotment Option Warrant purchased. The foregoing fees (collectively, the "“Underwriting Fee"”) may, at the sole option of the Underwriters, be deducted from the aggregate gross proceeds of the sale of the Offered Securities and withheld for the account of the Underwriters. For greater certainty, the services provided by the Underwriters in connection herewith will not be subject to the Goods and Services Tax (“GST”) provided for in the Excise Tax Act (Canada) and taxable supplies provided will be incidental to the exempt financial services provided. However, in the event that the Canada Customs and Revenue Agency determines that Goods and Services Tax GST provided for in the Excise Tax Act (Canada) is exigible on the Underwriting Fee, the Corporation agrees to pay the amount of Goods and Services Tax GST forthwith upon the request of the Underwriters. In the event that this offering is not completed, the The Corporation also agrees to pay the Underwriters' reasonable ’ expenses incurred in connection with this underwriting as set forth in paragraph section 10 hereof.

Underwriting Fee. In consideration for their services in underwriting the distribution of and purchasing the Offered Securities hereunder, the Corporation agrees to pay to the Underwriters: (a) at the Closing Time Time, a fee equal to the amount of $37.50 40 (4%) per Firm Debenture for each Firm Debenture purchased and including any purchased by the Underwriters as principal hereunder (being an aggregate amount of $2,812,5002,000,000); and (b) at the Additional Over-Allotment Option Closing Time Time, a fee of $37.50 40 (4%) per Over-Allotment Additional Debenture for each Over-Allotment Additional Debenture purchased and including any purchased by the Underwriters as principal hereunder (being an aggregate amount of up to $421,875300,000 if the Over-Allotment Option is exercised in full); all such fees being payable from the general funds of the Corporation. The foregoing fees (collectively, the "“Underwriting Fee"”) may, at the sole option of the Underwriters, be deducted from the aggregate gross proceeds of the sale of the Offered Securities Firm Debentures and Additional Debentures, as applicable, and withheld for the account of the Underwriters. For greater certainty, the services provided by the Underwriters in connection herewith will not be subject to the Goods and Services Tax (“GST”) provided for in the Excise Tax Act (Canada) and taxable supplies provided will be incidental to the exempt financial services provided. However, in the event that the Canada Customs and Revenue Agency determines that Goods and Services Tax GST provided for in the Excise Tax Act (Canada) is exigible on the Underwriting Fee, the Corporation agrees to pay the amount of Goods and Services Tax GST forthwith upon the request of the Underwriters. In the event that this offering is not completed, the The Corporation also agrees to pay the Underwriters' reasonable ’ expenses incurred in connection with this underwriting as set forth in paragraph 10 section 11 hereof.

Underwriting Fee. In consideration for their services in underwriting the distribution of and purchasing the Offered Securities Debentures, the Corporation agrees to pay the Underwriters: (a) at the Closing Time Time, a fee of $37.50 40 (4.0%) per Firm Debenture for each Firm Debenture purchased (being an aggregate amount of $2,812,5003,400,000); and (b) if applicable, at the Additional Closing Time Time, a fee of $37.50 40 (4.0%) per Over-Over- Allotment Debenture for each Over-Allotment Debenture purchased (being an aggregate amount of up to $421,875510,000); all such fees being payable from the general funds of the Corporation. The foregoing fees (the "“Underwriting Fee"”) which are payable at the Closing Time or the Additional Closing Time, as applicable, may, at the sole option of the Underwriters, be deducted from the aggregate gross proceeds of the sale of the Offered Securities Debentures and withheld for the account of the Underwriters. The Underwriters also agree that the Lead Underwriters shall be entitled to share equally a work fee equal to 5% of the total Underwriting Fee (such fee to be paid from, and not in addition to, the amount of the Underwriting Fee). For greater certainty, the services provided by the Underwriters in connection herewith will not be subject to the Goods and Services Tax (“GST”) provided for in the Excise Tax Act (Canada) and taxable supplies provided will be incidental to the exempt financial services provided. However, in the event that Canada Customs and Revenue Agency determines that Goods and Services Tax provided for in the Excise Tax Act (Canada) GST is exigible on the Underwriting Fee, the Corporation agrees to pay the amount of Goods and Services Tax GST forthwith upon the request of the Underwriters. In the event that this the within offering is not completed, the Corporation also agrees to pay the Underwriters' ’ reasonable expenses incurred in connection with this underwriting as set forth in paragraph section 10 hereof.

Underwriting Fee. In consideration for their services in underwriting the distribution of and purchasing the Offered Securities Shares, the Corporation agrees to pay the Underwriters: (a) at the Closing Time Time, a fee of $37.50 0.75 per Firm Debenture Share for each Firm Debenture Share purchased (being an aggregate amount of $2,812,5003,750,000); and (b) at the Additional Closing Time Time, a fee of $37.50 0.75 per Over-Allotment Debenture Option Share for each Over-Allotment Debenture Option Share purchased (being an aggregate amount of up to $421,875562,500 if the Over-Allotment Option is exercised in full); all such fees being payable from the general funds of the Corporation. The foregoing fees (collectively, the "Underwriting Fee") may, at the sole option of the Underwriters, be deducted from the aggregate gross proceeds of the sale of the Offered Securities Firm Shares and Over-Allotment Shares, as the case may be, and withheld for the account of the Underwriters. For greater certainty, the services provided by the Underwriters in connection herewith will not be subject to the Goods and Services Tax provided for in the Excise Tax Act (Canada) and taxable supplies provided will be incidental to the exempt financial services provided. However, in the event that the Canada Customs and Revenue Agency determines that Goods and Services Tax provided for in the Excise Tax Act (Canada) is exigible on the Underwriting Fee, the Corporation agrees to pay the amount of Goods and Services Tax forthwith upon the request of the Underwriters. In the event that this offering is not completed, the The Corporation also agrees to pay the Underwriters' reasonable expenses incurred in connection with this underwriting as set forth in paragraph section 10 hereof.

Underwriting Fee. In consideration for their services in underwriting the distribution of and purchasing the Offered Securities hereunder, the Corporation agrees to pay to Macquarie Capital on behalf of the Underwriters: (a) at the Closing Time Time, a fee of equal to the amount of: (i) $37.50 per Firm Debenture 0.33 (6%) for each Firm Debenture Share purchased; and (ii) $0.39 (6%) for each Flow-Through Share subscribed for, including any Firm Shares or Flow-Through Shares, as applicable, purchased (being an aggregate amount of $2,812,500)by the Underwriters as principal hereunder; and (b) at the Additional Closing Time Time, a fee equal to the amount of $37.50 per Over-Allotment Debenture 0.33 (6%) for each Over-Allotment Debenture Option Share purchased, including any Option Shares purchased by the Underwriters as principal hereunder (being an aggregate amount collectively, the “Underwriting Fee”). Notwithstanding the foregoing, the Underwriters shall be entitled to the Underwriting Fee in respect of up Offered Shares sold directly by the Corporation to $421,875); all such fees being payable from the general funds of the CorporationSubstituted Purchasers hereunder. The foregoing fees (the "Underwriting Fee") Fee may, at the sole option of the UnderwritersMacquarie Capital, be deducted from the aggregate gross proceeds of the sale of the Offered Securities Shares and withheld for the account of the Underwriters. For greater certainty, the services provided by the Underwriters in connection herewith will not be subject to the Goods and Services Tax (“GST”) provided for in the Excise Tax Act (Canada) and taxable supplies provided will be incidental to the exempt financial services provided. However, in the event that the Canada Customs and Revenue Agency determines that Goods and Services Tax GST provided for in the Excise Tax Act (Canada) is exigible on the Underwriting Fee, the Corporation agrees to pay the amount of Goods and Services Tax GST forthwith upon the request of the Underwriters. In the event that this offering is not completed, the The Corporation also agrees to pay the Underwriters' reasonable ’ expenses incurred in connection with this underwriting as set forth in paragraph section 10 hereof.

Underwriting Fee. In consideration for their services in underwriting the distribution of and purchasing the Offered Securities Securities, the Corporation Trust agrees to pay to the Underwriters: : (a) at the Closing Time Time, a fee of $37.50 0.42125 per Firm Debenture Offered Receipt for each Firm Offered Receipt purchased and $40.00 per Offered Debenture (being an aggregate amount of $7,201,875 or $8,001,875 if the Underwriters' Option is exercised in full); and (b) at the time of release of the funds held by the Escrow Agent to the Trust pursuant to the Subscription Receipt Agreement, if applicable, a fee of $0.42125 per Offered Receipt purchased (being an aggregate amount of $2,812,5004,001,875); and , payable from the funds held by the Escrow Agent pursuant to the Subscription Receipt Agreement. The foregoing fees (bcollectively, the "Underwriting Fee") at the Additional Closing Time a fee of $37.50 per Over-Allotment Debenture for each Over-Allotment Debenture purchased (being an aggregate amount of up to $421,875); all such fees being will be payable from the general funds of the Corporation. The foregoing fees (the "Underwriting Fee") may, at the sole option of the Underwriters, be deducted from the aggregate gross proceeds of the sale of the Offered Securities and withheld for the account of the UnderwritersTrust or its subsidiaries. For greater certainty, the services provided by the Underwriters in connection herewith will not be subject to the Goods and Services Tax ("GST") provided for in the Excise Tax Act (Canada) and taxable supplies provided will be incidental to the exempt financial services provided. However, in In the event that Canada Customs and Revenue Agency determines that Goods and Services Tax provided for in the Excise Tax Act (Canada) GST is exigible on the Underwriting Fee, the Corporation Trust agrees to pay the amount of Goods and Services Tax GST forthwith upon the request of the Underwriters. In the event that this offering is not completed, the Corporation The Trust also agrees to pay the Underwriters' reasonable expenses incurred in connection with this underwriting as set forth in paragraph 10 hereofSection 12.

Underwriting Fee. In consideration for their services in underwriting the distribution of and purchasing the Offered Securities Securities, the Corporation Trust agrees to pay to the Underwriters: (: a) at the Closing Time Time, a fee of $37.50 0.30625 per Firm Debenture Receipt for each Firm Debenture Receipt purchased and $40.00 per Offered Debenture; b) at the Additional Closing Time, a fee of $0.30625 per Over-Allotment Option Receipt for each Over-Allotment Option Receipt issued (being an aggregate amount of $939,421.88 if the Over-Allotment Option is exercised in full); and (c) at the time of release of the funds held by the Escrow Agent to the Trust pursuant to the Subscription Receipt Agreement, if applicable, a fee of $0.30625 per Offered Receipt purchased (being an aggregate amount of $2,812,500); and (b) at 6,262,812.50, or $7,202,234.38 if the Additional Closing Time a fee of $37.50 per Over-Allotment Debenture for each Over-Allotment Debenture purchased Option is exercised in full), payable from the funds held by the Escrow Agent pursuant to the Subscription Receipt Agreement. The foregoing fees (being an aggregate amount of up to $421,875); all such fees being collectively, the "Underwriting Fee") will be payable from the general funds of the Corporation. The foregoing fees (the "Underwriting Fee") may, at the sole option of the Underwriters, be deducted from the aggregate gross proceeds of the sale of the Offered Securities and withheld for the account of the UnderwritersTrust or its subsidiaries. For greater certainty, the services provided by the Underwriters in connection herewith will not be subject to the Goods and Services Tax ("GST") provided for in the Excise Tax Act (Canada) and taxable supplies provided will be incidental to the exempt financial services provided. However, in In the event that Canada Customs and Revenue Agency determines that Goods and Services Tax provided for in the Excise Tax Act (Canada) GST is exigible on the Underwriting Fee, the Corporation Trust agrees to pay the amount of Goods and Services Tax GST forthwith upon the request of the Underwriters. In the event that this offering is not completed, the Corporation The Trust also agrees to pay the Underwriters' reasonable expenses incurred in connection with this underwriting as set forth in paragraph 10 hereofSection 12.