Common use of Grandfathered Person Clause in Contracts

Grandfathered Person. For the purposes of determining whether a Person is an Acquiring Person and interpreting the definition of "Acquiring Person", a Person shall not be and shall not be deemed to be an Acquiring Person if such Person (a "Grandfathered Person"):

Appears in 10 contracts

Samples: Shareholder Protection Rights Plan Agreement (Transglobe Energy Corp), Shareholders Rights Plan Agreement (Birch Mountain Resources LTD), Shareholder Protection Rights Plan Agreement

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Grandfathered Person. For the purposes of determining whether a Person is an Acquiring Person and interpreting the definition of "Acquiring Person", a Person shall not be and shall not be deemed to be an Acquiring Person if such Person (a "Grandfathered Person"):

Appears in 4 contracts

Samples: Shareholder Rights Plan Agreement (Silver Standard Resources Inc), Shareholder Protection Rights Plan Agreement (Challenger Energy Corp), Shareholder Protection Rights Plan Agreement (Bakbone Software Inc)

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