Common use of Optional Purchases by the Corporation Clause in Contracts

Optional Purchases by the Corporation. Subject to compliance with applicable securities legislation and approval of applicable regulatory authorities, the Corporation may from time to time purchase , by invitation for tender, in the open market, by private contract or otherwise any of the Warrants then outstanding. Any such purchase may be made in such manner, from such persons and on such other terms as the Corporation, in its sole discretion, may determine. In the case of Certificated Warrants, Warrant Certificates representing the Warrants purchased pursuant to this Section 5.1 shall forthwith be delivered to and cancelled by the Warrant Agent. In the case of Uncertificated Warrants, the Warrants purchased pursuant to this Section 5.1 shall be cancelled and reflected accordingly in accordance with Applicable Procedures prescribed by the Depository under the book entry registration system. No Warrants shall be issued in replacement thereof.

Appears in 1 contract

Samples: Warrant Indenture (Canadian Zinc Corp)

AutoNDA by SimpleDocs

Optional Purchases by the Corporation. Subject to compliance with applicable securities legislation laws and approval of applicable regulatory authorities, if any, the Corporation may from time to time purchase , by invitation for tender, in the open market, by private contract or otherwise any of the Warrants then outstandingWarrants. Any such purchase may be made in such manner, from such persons and on such other terms as the Corporation, in its sole discretion, may determine. In the case of Certificated Warrants, Warrant Certificates representing the Warrants purchased pursuant to this Section 5.1 shall forthwith be delivered to and cancelled by the Warrant AgentAgent and reflected accordingly on the register of Warrants. In the case of Uncertificated Warrants, the Warrants purchased pursuant to this Section 5.1 shall be cancelled and reflected accordingly on the register of Warrants and in accordance with Applicable Procedures procedures prescribed by the Depository under the book entry registration system. No Warrants shall be issued in replacement thereof.

Appears in 1 contract

Samples: Nobilis Health Corp.

Optional Purchases by the Corporation. Subject to compliance with applicable securities legislation and approval of applicable regulatory authorities, the Corporation may from time to time purchase purchase, by invitation for tender, in the open market, by private contract or otherwise any of the Warrants then outstanding. Any such purchase may be made in such manner, from such persons and on such other terms as the Corporation, in its sole discretion, may determine. In the case of Certificated Warrants, Warrant Certificates representing the Warrants purchased pursuant to this Section 5.1 shall forthwith be delivered to and cancelled by the Warrant Agent. In the case of Uncertificated Warrants, the Warrants purchased pursuant to this Section 5.1 shall be cancelled and reflected accordingly in accordance with Applicable Procedures prescribed by the Depository under the book entry registration system. No Warrants shall be issued in replacement thereof.

Appears in 1 contract

Samples: Alexco Resource Corp

AutoNDA by SimpleDocs

Optional Purchases by the Corporation. Subject to compliance with applicable securities legislation and approval of applicable regulatory authoritiesRegulatory Authorities, if any, the Corporation may from time to time purchase , by invitation for tender, in the open market, by private contract or otherwise any of the Warrants then outstandingWarrants. Any such purchase may shall be made in such manner, from such persons and on such other terms as the Corporation, in its sole discretion, may determine. In the case of Certificated WarrantsWarrant Certificates, Warrant Certificates representing the Warrants purchased pursuant to this Section 5.1 shall forthwith be delivered to and cancelled by the Warrant AgentAgent and reflected accordingly on the register of Warrants. In the case of Uncertificated Warrants, the Warrants purchased pursuant to this Section 5.1 shall be cancelled and reflected accordingly on the register of Warrants and in accordance with Applicable Procedures procedures prescribed by the Depository under the book entry registration system. No Warrants shall be issued in replacement thereof.

Appears in 1 contract

Samples: Warrant Indenture (Aeterna Zentaris Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.