Optional Purchases by the Corporation. Subject to applicable law, the Corporation may from time to time purchase by private contract or otherwise any of the Subscription Receipts. Any such purchase shall be made at the lowest price or prices at which, in the opinion of the Corporation, such Subscription Receipts are then obtainable, plus reasonable costs of purchase, and may be made in such manner, from such Persons and on such other terms as the Corporation, in its sole discretion, may determine. The Subscription Receipts purchased pursuant to this Section 5.1 shall forthwith be delivered to and cancelled by the Subscription Receipt Agent.
Appears in 7 contracts
Samples: Subscription Receipt Agreement (Pembina Pipeline Corp), Subscription Receipt Agreement (Engine Gaming & Media, Inc.), Subscription Receipt Agreement
