Common use of Other Action Clause in Contracts

Other Action. If the Corporation, after the date hereof, shall take any action affecting the Subordinate Voting Shares (other than action described in Section 4.1), which in the reasonable opinion of the directors of the Corporation, would materially affect the rights of Warrantholders, the Exercise Price and/or the Exchange Rate, the number of Subordinate Voting Shares which may be acquired upon exercise of the Warrants shall be adjusted in such manner and at such time, by action of the directors, acting reasonably and in good faith, in their sole discretion, as they may determine to be equitable to the Warrantholders in the circumstances, provided that no such adjustment will be made unless any requisite prior approval of any stock exchange on which the Subordinate Voting Shares are listed for trading has been obtained.

Appears in 4 contracts

Samples: Warrant Indenture (Harvest Health & Recreation Inc.), Warrant Indenture (Harvest Health & Recreation Inc.), Trulieve Cannabis Corp.

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Other Action. If the Corporation, after the date hereof, shall take any action affecting the Subordinate Voting Shares (other than action described in Section 4.1), which in the reasonable opinion of the directors of the Corporation, Corporation would materially affect the rights of Registered Warrantholders, the Exercise Price and/or the Exchange Rate, the number of Subordinate Voting Warrant Shares which may be acquired upon exercise of the Warrants shall be adjusted in such manner and at such time, by action of the directors, acting reasonably and in good faith, in their sole discretion, as they may determine to be equitable to the Registered Warrantholders in the circumstances, provided that no such adjustment will be made unless any requisite prior approval of any stock exchange on which the Subordinate Voting Shares are listed for trading has been obtained.

Appears in 2 contracts

Samples: Warrant Indenture (Acreage Holdings, Inc.), webfiles.thecse.com

Other Action. If the Corporation, after the date hereof, shall take any action affecting the Subordinate Voting Common Shares (other than completing the RTO Transaction or an action described in Section 4.1), which in the reasonable opinion of the directors of the Corporation, Corporation would materially affect the rights of Registered Warrantholders, the Exercise Price and/or the Exchange Rate, the number of Subordinate Voting Warrant Shares which may be acquired upon exercise of the Warrants shall be adjusted in such manner and at such time, by action of the directorsdirectors of the Corporation, acting reasonably and in good faith, in their sole discretion, discretion as they may determine to be equitable to the Registered Warrantholders in the circumstances, provided that no such adjustment will be made unless any requisite prior approval of any stock exchange on which the Subordinate Voting Common Shares are listed for trading has been obtained.

Appears in 2 contracts

Samples: webfiles.thecse.com, sedar-filings.thecse.com

Other Action. If the Corporation, after the date hereof, shall take any action affecting the Subordinate Voting Common Shares (other than action described in Section 4.1), which in the reasonable opinion of the directors of the Corporation, Corporation would materially affect the rights of Registered Warrantholders, the Exercise Price or Incentive Exercise Price, as applicable and/or the Exchange Rate, the number of Subordinate Voting Warrant Shares which may be acquired upon exercise of the Warrants shall be adjusted in such manner and at such time, by action of the directors, acting reasonably and in good faith, in their sole discretion, discretion as they may determine to be equitable to the Registered Warrantholders in the circumstances, provided that no such adjustment will be made unless any requisite prior approval of any stock exchange on which the Subordinate Voting Common Shares are listed for trading has been obtained.

Appears in 2 contracts

Samples: Tower One Wireless Corp., sedar-filings-backup.thecse.com

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Other Action. If the Corporation, after the date hereof, shall take any action affecting the Subordinate Voting Shares (other than action described in Section 4.1), which in the reasonable opinion of the directors of the Corporation, Corporation would materially affect the rights of Registered Warrantholders, the Exercise Price and/or the Exchange Rate, the number of Subordinate Voting Shares which may be acquired upon exercise of the Warrants shall be adjusted in such manner and at such time, by action of the directors, acting reasonably and in good faith, in their sole discretion, discretion as they may determine to be equitable to the Registered Warrantholders in the circumstances, provided that no such adjustment will be made unless any requisite prior approval of any stock exchange on which the Subordinate Voting Shares are listed for trading has been obtained.

Appears in 1 contract

Samples: webfiles.thecse.com

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