Common use of Offer Consideration Clause in Contracts

Offer Consideration. Upon the terms and subject to the conditions of the Offer, the Offer shall commit Purchaser to acquire each Tendered Share for, at the election of the holder but subject to the limitations set forth in this Article I, either: (a) 1. 3772 validly issued, fully paid and nonassessable common shares without nominal or par value ("PURCHASER SHARES") of Purchaser, subject to any adjustments in accordance with Section 1.5(e) (the "SHARE CONSIDERATION"); or