Common use of Underwriting in Demand Registration Clause in Contracts

Underwriting in Demand Registration. If WELL intends to distribute Class A Shares covered by its request for a Demand Registration by means of an underwriting, it will so advise the Corporation as part of its request for such Demand Registration. WELL will (together with the Corporation as required under this Agreement) enter into an underwriting agreement in customary form with the underwriter or underwriters selected for such underwriting by WELL in consultation with the Corporation, it being acknowledged that the underwriter or underwriters so selected and approved must be of nationally recognized standing in Canada. The Corporation will also take all such other actions as WELL or the underwriters reasonably request in order to expedite or facilitate the disposition of WELL’s Class A Shares.

Underwriting in Demand Registration. If WELL the Holder intends to distribute Class A Shares Voting Securities covered by its request for a Demand Registration by means of an underwriting, it will so advise the Corporation as part of its request for such Demand Registration. WELL The Holder will (together with the Corporation as required under this Agreement) enter into an underwriting agreement in customary form with the underwriter or underwriters selected for such underwriting by WELL the Holder in consultation with the Corporation, it being acknowledged that the underwriter or underwriters so selected and approved must be of nationally recognized standing in Canada. The Corporation will also take all such other actions as WELL the Holder or the underwriters reasonably request in order to expedite or facilitate the disposition of WELLthe Holder’s Class A SharesVoting Securities.