Common use of Debenture Clause in Contracts

Debenture. (i) The form of certificate representing the Debenture has been approved by the board of directors of the Corporation and adopted by the Corporation and complies with all Applicable Law. (ii) The Debenture has been duly authorized for issuance and sale by the Corporation. (iii) At all times prior to the full conversion of the Debenture, the Corporation will be in a position to issue such number of Conversion Shares in accordance with the terms of the Debenture and will be permitted to do so under applicable rules and regulations of the Exchange.

Appears in 3 contracts

Sources: Subscription Agreement (Equinox Gold Corp.), Subscription Agreement (Equinox Gold Corp.), Subscription Agreement