Usual case Clause Samples
The "Usual case" clause defines the standard or default scenario that applies under a contract or agreement. It typically outlines the normal procedures, expectations, or terms that govern the relationship between the parties unless an exception or special circumstance arises. For example, it may specify the regular payment schedule, delivery process, or service level that is expected in the absence of unusual events. This clause serves to establish a clear baseline for both parties, ensuring that there is a mutual understanding of what is considered standard practice and reducing the likelihood of disputes over routine matters.
Usual case. If the Issuer is an emerging issuer (as defined in section 3.3 of the Policy) and you have not sold any escrow securities in a permitted secondary offering, your escrow securities will be released as follows: On the date the Issuer’s securities are listed on a Canadian exchange (the listing date) 1/10 of your escrow securities 6 months after the listing date 1/6 of your remaining escrow securities 12 months after the listing date 1/5 of your remaining escrow securities 18 months after the listing date 1/4 of your remaining escrow securities 24 months after the listing date 1/3 of your remaining escrow securities 30 months after the listing date 1/2 of your remaining escrow securities 36 months after the listing date your remaining escrow securities *In the simplest case, where there are no changes to the escrow securities initially deposited and no additional escrow securities, the release schedule outlined above results in the escrow securities being released in equal tranches of 15% after completion of the release on the listing date.
Usual case. If the Issuer is an established issuer (as defined in section 3.3 of the Policy) and you have not sold any escrow securities in a permitted secondary offering, your escrow securities will be released as follows: On the date the Issuer’s securities are listed on a Canadian exchange (the listing date) 1/4 of your escrow securities 6 months after the listing date 1/3 of your remaining escrow securities 12 months after the listing date 1/2 of your remaining escrow securities 18 months after the listing date your remaining escrow securities *In the simplest case, where there are no changes to the escrow securities initially deposited and no additional escrow securities, then the release schedule outlined above results in the escrow securities being released in equal tranches of 25%.
Usual case. [Deleted]
Usual case. If the Issuer is an established issuer (as defined in section 3.3 of NP 46-201) and you have not sold any Escrowed Securities in a permitted secondary offering, your Escrowed Securities will be released as follows: The date the Issuer’s securities are listed on a Canadian exchange (the “Listing Date”) 1/4 of your Escrowed Securities 6 months after the Listing Date 1/3 of your remaining Escrowed Securities 12 months after the Listing Date 1/2 of your remaining Escrowed Securities 18 months after the Listing Date your remaining Escrowed Securities *In the simplest case, where there are no changes to the Escrowed Securities initially deposited and no Additional Escrowed Securities, then the release schedule outlined above results in the Escrowed Securities being released in equal tranches of 25%.
Usual case. If the Issuer is an emerging issuer (as defined in section 3.3 of NP 46-201) and you have not sold any Escrowed Securities in a permitted secondary offering, your Escrowed Securities will be released as follows: The Listing Date 1/10 of your Escrowed Securities 6 months after the Listing Date 1/6 of your remaining Escrowed Securities 12 months after the Listing Date 1/5 of your remaining Escrowed Securities 18 months after the Listing Date 1/4 of your remaining Escrowed Securities 24 months after the Listing Date 1/3 of your remaining Escrowed Securities 30 months after the Listing Date 1/2 of your remaining Escrowed Securities 36 months after the Listing Date your remaining Escrowed Securities *In the simplest case, where there are no changes to the Escrowed Securities initially deposited and no Additional Escrowed Securities, the release schedule outlined above results in the Escrowed Securities being released in equal tranches of 15% after completion of the release on the Listing Date.
Usual case. If the Issuer is an emerging issuer (as defined in section 3.3 of the Policy) and you have not sold any Escrowed Securities in a permitted secondary offering, your Escrowed Securities will be released as follows: On , 2 , the date the Issuer’s securities are listed on a Canadian exchange (the "listing date") 1/10 of your Escrowed Securities 6 months after the listing date 1/6 of your remaining Escrowed Securities 12 months after the listing date 1/5 of your remaining Escrowed Securities 18 months after the listing date 1/4 of your remaining Escrowed Securities 24 months after the listing date 1/3 of your remaining Escrowed Securities 30 months after the listing date 1/2 of your remaining Escrowed Securities 36 months after the listing date Your remaining Escrowed Securities
Usual case. If the Issuer is an "emerging issuer" (as defined in section 3.3 of the Policy) and you have not sold any Escrow Securities in a permitted secondary offering, your Escrow Securities will be released as follows: On the date the Issuer’s securities are listed on a Canadian exchange (the "Listing Date") 1/10 of your Escrow Securities 6 months after the Listing Date 1/6 of your remaining Escrow Securities 12 months after the Listing Date 1/5 of your remaining Escrow Securities 18 months after the Listing Date 1/4 of your remaining Escrow Securities 24 months after the Listing Date 1/3 of your remaining Escrow Securities 30 months after the Listing Date 1/2 of your remaining Escrow Securities 36 months after the Listing Date All of your remaining Escrow Securities * In the simplest case, where there are no changes to the Escrow Securities initially deposited and no additional Escrow Securities, the release schedule outlined above results in the Escrow Securities being released in equal tranches of 15% after completion of the release on the listing date.
Usual case. Your escrow securities will be released as follows: On the date the Issuer’s securities are listed on a Canadian exchange (the listing date) 1/10 of your escrow securities 6 months after the listing date 1/6 of your remaining escrow securities 12 months after the listing date 1/5 of your remaining escrow securities 18 months after the listing date 1/4 of your remaining escrow securities 24 months after the listing date 1/3 of your remaining escrow securities 30 months after the listing date 1/2 of your remaining escrow securities 36 months after the listing date your remaining escrow securities *In the simplest case, where there are no changes to the escrow securities initially deposited and no additional escrow securities, the release schedule outlined above results in the escrow securities being released in equal tranches of 15% after completion of the release on the listing date.
Usual case. If the Issuer is an established issuer (as defined in section 3.3 of the Policy) and you have not sold any escrow securities in a permitted secondary offering, your escrow securities will be released as follows: On , 2 , the date the Issuer’s securities are listed on a Canadian exchange (the listing date) 1/4 of your escrow securities
Usual case. If the Issuer is an established issuer (as defined in section 3.3 of the Policy), your escrow securities will be released as follows: On , 2 , the date the Issuer’s securities are listed on a Canadian exchange (the listing date) 1/4 of your escrow securities 6 months after the listing date 1/3 of your remaining escrow securities 12 months after the listing date 1/2 of your remaining escrow securities 18 months after the listing date your remaining escrow securities *In the simplest case, where there are no changes to the escrow securities initially deposited and no additional escrow securities, then the release schedule outlined above results in the escrow securities being released in equal tranches of 25%.