Common use of Most Favourable Terms Clause in Contracts

Most Favourable Terms. The Issuer acknowledges and agrees that the terms and conditions extended to the Subscriber under the Warrant Documents are no less favourable than the rights, powers, privileges and preferences available to the other subscribers under the Other Share Subscription Agreements. In the event that during the period from the date of this Agreement and up to the first anniversary of the Completion Date, the Issuer grants any investor any rights, powers, privileges and preferences favourable than those granted to the Subscriber under the Warrant Documents, the Subscriber shall be entitled to and the Issuer shall as soon as reasonably practicable notify the Subscriber of such more favourable terms and take all necessary actions to ensure that the Subscriber is entitled to such more favourable terms.

Most Favourable Terms. The Issuer acknowledges and agrees that the terms and conditions extended to the Subscriber under the Warrant Documents this Agreement are no less favourable than the rights, powers, privileges and preferences available to the other subscribers under the Other Share Subscription Agreements. In the event that during the period from the date of this Agreement and up to the first anniversary of the Completion Date, the Issuer grants any investor any rights, powers, privileges and preferences favourable than those granted to the Subscriber under the Warrant Documentsthis Agreement, the Subscriber shall be entitled to and the Issuer shall as soon as reasonably practicable notify the Subscriber of such more favourable terms and take all necessary actions to ensure that the Subscriber is entitled to such more favourable terms.