Common use of Redemption and Waiver Clause in Contracts

Redemption and Waiver. (a) The Board of Directors acting in good faith may, with the prior approval of the holders of Voting Shares or of the holders of Rights given in accordance with Section 5.1(i) or (j), as the case may be, at any time prior to the occurrence of a Flip-in Event as to which the application of Section 3.1 has not been waived pursuant to the provisions of this Section 5.1, elect to redeem all but not less than all of the then outstanding Rights at a redemption price of $0.00001 per Right appropriately adjusted in a manner analogous to the applicable adjustment provided for in Section 2.3 in the event that an event of the type analogous to any of the events described in Section 2.3 shall have occurred (such redemption price being herein referred to as the “Redemption Price”).

Appears in 17 contracts

Samples: Shareholder Rights Plan Agreement (Dirtt Environmental Solutions LTD), Shareholder Rights Plan Agreement (Taseko Mines LTD), Shareholder Rights Plan Agreement

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Redemption and Waiver. (a) The Board of Directors acting in good faith may, with the prior approval consent of the holders of Voting Shares or of the holders of Rights given in accordance with Section Subsection 5.1(i) or (j), as the case may be, at any time prior to the occurrence of a Flip-in Event as to which the application of Section 3.1 has not been waived pursuant to the provisions of this Section 5.1, elect to redeem all but not less than all of the then outstanding Rights at a redemption price of $0.00001 per Right appropriately adjusted in a manner analogous to the applicable adjustment provided for in Section 2.3 in the event that an event of the type analogous to any of the events described in Section 2.3 shall have occurred (such redemption price being herein referred to as the "Redemption Price").

Appears in 6 contracts

Samples: Shareholder Rights Plan Agreement, Shareholder Rights Plan Agreement, Shareholder Rights Plan Agreement (PRECISION DRILLING Corp)

Redemption and Waiver. (a) The Board of Directors acting in good faith may, with Subject to the prior approval consent of the holders of Voting Common Shares or of the holders of Rights given obtained in accordance with Section 5.1(isubsection 6.5(b) or (j6.5(c), as the case may beapplicable, at any time and prior to the occurrence of a Flip-in Event as to which the application of Section 3.1 section 4.1 has not been waived pursuant to this section 6.1, the provisions Board of this Section 5.1Directors may, acting in good faith, elect to redeem all but not less than all of the then outstanding Rights at a redemption price of $0.00001 0.0001 per Right Right, appropriately adjusted in a manner analogous to the applicable adjustment provided for in Section 2.3 in the event that section 3.2, if an event of the type analogous to any of the events described in Section 2.3 section 3.2 shall have occurred (such redemption price being herein referred to as the “Redemption Price”).

Appears in 5 contracts

Samples: Shareholder Rights Plan Agreement, Shareholder Rights Plan Agreement (DiaMedica Therapeutics Inc.), Shareholder Rights Plan Agreement (DiaMedica Therapeutics Inc.)

Redemption and Waiver. (a) The Subject to the prior consent of the holders of Voting Shares or the holders of Rights obtained as set forth in Subsections 5.4(b) or 5.4(c) hereof, as applicable, the Board of Directors acting in good faith may, with the prior approval of the holders of Voting Shares or of the holders of Rights given in accordance with Section 5.1(i) or (j), as the case may be, at any time prior to the occurrence of a Flip-in Event as to which the application of Section 3.1 has not been waived pursuant to the provisions of this Section 5.1, elect to redeem all but not less than all of the then outstanding Rights at a redemption price of $0.00001 0.0001 per Right appropriately adjusted in a manner analogous to the applicable adjustment provided for in Section 2.3 hereof in the event that an event of the type analogous to any of the events described in Section 2.3 hereof shall have occurred (such redemption price being herein referred to as the “Redemption Price”).

Appears in 4 contracts

Samples: Shareholder Rights Plan Agreement (Medicure Inc), Shareholder Rights Plan Agreement (Ym Biosciences Inc), Shareholder Rights Plan Agreement (Ym Biosciences Inc)

Redemption and Waiver. (a) The Board of Directors acting in good faith may, with the prior approval consent of the holders of Voting Shares or of the holders of Rights given in accordance with Section 5.1(isubsection 5.1(j) or (jk), as the case may be, at any time prior to the occurrence of a Flip-in Event as to which the application of Section 3.1 has not been waived pursuant to the provisions of this Section 5.1, elect to redeem all but not less than all of the then outstanding Rights at a redemption price of $0.00001 0.0001 per Right appropriately adjusted in a manner analogous to the applicable adjustment provided for in Section 2.3 in the event that if an event of the type analogous to any of the events described in Section 2.3 shall have occurred (such redemption price being herein referred to as the “Redemption Price”).

Appears in 4 contracts

Samples: Shareholder Rights Plan Agreement (Rubicon Minerals Corp), Shareholder Rights Plan Agreement (Uranerz Energy Corp.), Shareholder Rights Plan Agreement (Rubicon Minerals Corp)

Redemption and Waiver. (a) The Board of Directors acting in good faith may, with the prior approval of the holders of Voting Shares or of the holders of Rights given in accordance with Section 5.1(i) or (j), as the case may be, at any time prior to the occurrence of a Flip-in Event as to which the application of Section 3.1 has not been waived pursuant to the provisions of this Section 5.1, elect to redeem all but not less than all of the then outstanding Rights at a redemption price of $0.00001 per Right appropriately adjusted in a manner analogous to the applicable adjustment provided for in Section 2.3 in the event that an event of the type analogous to any of the events described in Section 2.3 shall have occurred (such redemption price being herein referred to as the "Redemption Price").

Appears in 4 contracts

Samples: Shareholder Rights Plan Agreement (Northern Dynasty Minerals LTD), Shareholder Rights Plan Agreement (Taseko Mines LTD), Shareholder Rights Plan Agreement (Northern Dynasty Minerals LTD)

Redemption and Waiver. (a) The Board of Directors acting in good faith may, with the prior approval of the holders of Voting Shares or of the holders of Rights given in accordance with Section 5.1(i) or (j), as the case may be, at any time prior to the occurrence of a Flip-in Event as to which the application of Section 3.1 has not been waived pursuant to the provisions of this Section 5.1, elect to redeem all but not less than all of the then outstanding Rights at a redemption price of $0.00001 per Right appropriately adjusted in a manner analogous to the applicable adjustment provided for in Section 2.3 in the event that an event of the type analogous to any of the events described in Section 2.3 shall have occurred (such redemption price being herein referred to as the “Redemption Price”).

Appears in 4 contracts

Samples: Shareholder Rights Plan Agreement, Shareholder Rights Plan Agreement, Shareholder Rights Plan Agreement

Redemption and Waiver. (a) The Board of Directors acting in good faith may, with the prior approval consent of the holders of Voting Shares or of the holders of Rights given in accordance with Section Subsection 5.1(i) or (j), as the case may be, at any time prior to the occurrence of a Flip-in Event as to which the application of Section 3.1 has not been waived pursuant to the provisions of this Section 5.1, elect to redeem all but not less than all of the then outstanding Rights at a redemption price of $0.00001 per Right appropriately adjusted in a manner analogous to the applicable adjustment provided for in Section 2.3 in the event that an event of the type analogous to any of the events described in Section 2.3 shall have occurred (such redemption price being herein referred to as the “Redemption Price”).

Appears in 3 contracts

Samples: Shareholder Rights Plan Agreement (Precision Drilling Trust), Shareholder Rights Plan Agreement (PRECISION DRILLING Corp), Shareholder Rights Plan Agreement (PRECISION DRILLING Corp)

Redemption and Waiver. (a) The Board of Directors acting in good faith may, with the prior approval of the holders of Voting Shares or of the holders of Rights given in accordance with Section 5.1(i) or (j), as the case may be, at any time prior to the occurrence of a Flip-in Event as to which the application of Section 3.1 has not been waived pursuant to the provisions of this Section 5.1, elect to redeem all but not less than all of the then outstanding Rights at a redemption price of $0.00001 0.001 per Right appropriately adjusted in a manner analogous to the applicable adjustment provided for in Section 2.3 in the event that an event of the type analogous to any of the events described in Section 2.3 shall have occurred (such redemption price being herein referred to as the "Redemption Price").

Appears in 2 contracts

Samples: Shareholder Rights Plan Agreement, Shareholder Rights Plan Agreement

Redemption and Waiver. (a) The Board of Directors acting in good faith may, with the prior approval consent of the holders of Voting Shares or of the holders of Rights given in accordance with Section Subsection 5.1(i) or (j), as the case may be, at any time prior to the occurrence of a Flip-in Event as to which the application of Section 3.1 has not been waived pursuant to the provisions of this Section 5.1, elect to redeem all but not less than all of the then outstanding Rights at a redemption price of $0.00001 per Right appropriately adjusted in a manner analogous to the applicable adjustment provided for in Section 2.3 in the event that an event of the type analogous to any of the events described in Section 2.3 shall have occurred (such redemption price being herein referred to as the “Redemption Price”).

Appears in 2 contracts

Samples: Shareholder Rights Plan Agreement (Alamos Gold Inc), Shareholder Rights Plan Agreement (AuRico Gold Inc.)

Redemption and Waiver. (a) The Board of Directors acting in good faith may, with 5.1.1 Subject to the prior approval of the holders of Voting Shares or of the holders of Rights given obtained as set forth in accordance with Section 5.1(i) 5.1.11 or (j)5.4, as applicable, the case may beBoard, acting in good faith, may, at any time prior to the occurrence of a Flip-in Event as to which the application of Section 3.1 has not been waived pursuant to the provisions of this Section 5.1Sections 5.1.2, 5.1.4, 5.1.5 or 5.1.6, elect to redeem all but not less than all of the then outstanding Rights at a redemption price of $0.00001 per Right Right, appropriately adjusted in a manner analogous to the applicable adjustment provided for in Section 2.3 in the event that if an event of the a type analogous to any of the events described in Section 2.3 shall have occurred (such redemption price being herein referred to as the “Redemption Price”).

Appears in 2 contracts

Samples: Shareholder Rights Plan Agreement, Shareholder Rights Plan Agreement

Redemption and Waiver. (a) The Board of Directors acting in good faith may, with the prior approval consent of the holders of Voting Shares or of the holders of Rights given in accordance with Section Subsection 5.1(i) or (j), as the case may be, at any time prior to the occurrence of a Flip-in Event as to which the application of Section 3.1 has not been waived pursuant to the provisions of this Section 5.1, elect to redeem all but not less than all of the then outstanding Rights at a redemption price of $0.00001 per Right appropriately adjusted in a manner analogous to the applicable adjustment provided for in Section 2.3 in the event that an event of the type analogous to any of the events described in Section 2.3 shall have occurred (such redemption price being herein referred to as the “Redemption Price”).

Appears in 2 contracts

Samples: Shareholder Rights Plan Agreement (Alamos Gold Inc), Shareholder Rights Plan Agreement

Redemption and Waiver. (a) The Board of Directors acting in good faith may, with subject to the prior approval of the holders of Voting the Common Shares or of the holders of the Rights given obtained as set forth in accordance with Section 5.1(isubsections 6.5(b) or (jc), as the case may be, at any time prior to the occurrence of a Flip-in Event as to which the application of Section 3.1 section 4 has not been waived pursuant to the provisions of this Section 5.1section 6.1, elect to redeem all but not less than all of the then outstanding Rights at a redemption price of $0.00001 0.001 per Right Right, appropriately adjusted in a manner analogous to the applicable adjustment provided for in Section 2.3 in the event that section 3.2, if an event of the type analogous to any of the events described in Section 2.3 section 3.2 shall have occurred (such redemption price being herein referred to as the "Redemption Price").

Appears in 2 contracts

Samples: Shareholder Rights Plan Agreement (St Laurent Paperboard Inc), Shareholder Rights Plan Agreement (St Laurent Paperboard Inc)

Redemption and Waiver. (a) The Board of Directors acting in good faith may, with the prior approval consent of the holders of Voting Shares or of the holders of Rights given in accordance with Section 5.1(i) or (j), as the case may be, at any time prior to the occurrence of a Flip-in Event as to which the application of Section 3.1 has not been waived pursuant to the provisions of this Section 5.1, elect to redeem all but not less than all of the then outstanding Rights at a redemption price of $0.00001 per Right appropriately adjusted in a manner analogous to the applicable adjustment provided for in Section 2.3 in the event that an event of the type analogous to any of the events described in Section 2.3 shall have occurred (such redemption price being herein referred to as the “Redemption Price”).

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement (Gammon Gold Inc.)

Redemption and Waiver. (a) The Board of Directors acting in good faith may, with the prior approval consent of the holders of Voting Shares or of the holders of Rights given in accordance with Section 5.1(isubsection 5.1(j) or (jk), as the case may be, at any time prior to the occurrence of a Flip-in Event as to which the application of Section 3.1 has not been waived pursuant to the provisions of this Section 5.1, elect to redeem all but not less than all of the then outstanding Rights at a redemption price of $0.00001 0.001 per Right appropriately adjusted in a manner analogous to the applicable adjustment provided for in Section 2.3 in the event that if an event of the type analogous to any of the events described in Section 2.3 shall have occurred (such redemption price being herein referred to as the “Redemption Price”).

Appears in 1 contract

Samples: Rights Agreement (Cosmos Health Inc.)

Redemption and Waiver. (a) The Board of Directors acting in good faith may, with the prior approval of the holders of Voting Common Shares or of the holders of Rights given in accordance with Section 5.1(isubsection 5.1(f) or (j5.1(g), as the case may beapplicable, at any time prior to the occurrence of a Flip-in Event as to which the application of Section 3.1 has not been waived pursuant to the provisions of this Section 5.1, elect to redeem all but not less than all of the then outstanding Rights at a redemption price of $0.00001 0.000001 per Right appropriately adjusted in a manner analogous to the applicable adjustment provided for in Section 2.3 in the event that an event of the type analogous to any of the events described in Section 2.3 shall have occurred (such redemption price being herein referred to as the "Redemption Price").

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement (Vizsla Silver Corp.)

Redemption and Waiver. (a) The Board of Directors acting in good faith may, with Subject to the prior approval consent of the holders of Voting Common Shares or of the holders of Rights given obtained in accordance with Section 5.1(isubsection 6.5(b) or (j6.5(c), as the case may beapplicable, at any time and prior to the Shareholder rights plan 2013 occurrence of a Flip-in Event as to which the application of Section 3.1 section 4.1 has not been waived pursuant to this section 6.1, the provisions Board of this Section 5.1Directors may, acting in good faith, elect to redeem all but not less than all of the then outstanding Rights at a redemption price of $0.00001 0.0001 per Right Right, appropriately adjusted in a manner analogous to the applicable adjustment provided for in Section 2.3 in the event that section 3.2, if an event of the type analogous to any of the events described in Section 2.3 section 3.2 shall have occurred (such redemption price being herein referred to as the “Redemption Price”).

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement (Theratechnologies Inc.)

Redemption and Waiver. (a) The Board of Directors acting in good faith may, with the prior approval of the holders of Voting Shares or of the holders of Rights given in accordance with Section Subsection 5.1(i) or (j), as the case may be, at any time prior to the occurrence of a Flip-in Event as to which the application of Section 3.1 has not been waived pursuant to the provisions of this Section 5.1, elect to redeem all but not less than all of the then outstanding Rights at a redemption price of $0.00001 per Right appropriately adjusted in a manner analogous to the applicable adjustment provided for in Section 2.3 in the event that an event of the type analogous to any of the events described in Section 2.3 shall have occurred (such redemption price being herein referred to as the "Redemption Price").

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement

Redemption and Waiver. (a) The Board of Directors acting in good faith may, with the prior approval consent of the holders of Voting Shares or of the holders of Rights given in accordance with Section 5.1(isubsection 5.1 (j) or (jk), as the case may be, at any time prior to the occurrence of a Flip-in Event as to which the application of Section 3.1 has not been waived pursuant to the provisions of this Section 5.1, elect to redeem all but not less than all of the then outstanding Rights at a redemption price of $0.00001 0.000001 per Right appropriately adjusted in a manner analogous to the applicable adjustment provided for in Section 2.3 in the event that if an event of the type analogous to any of the events described in Section 2.3 shall have occurred (such redemption price being herein referred to as the "Redemption Price").

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement (Rio Alto Mining LTD)

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Redemption and Waiver. (a) The Board of Directors acting in good faith may, with the prior approval consent of the holders of Voting Shares or of the holders of Rights given in accordance with Section 5.1(i) or (j), as the case may be, at any time prior to the occurrence of a Flip-in Event as to which the application of Section 3.1 has not been waived pursuant to the provisions of this Section 5.1, elect to redeem all but not less than all of the then outstanding Rights at a redemption price of $0.00001 per Right appropriately adjusted in a manner analogous to the applicable adjustment provided for in Section 2.3 in the event that an event of the type analogous to any of the events described in Section 2.3 shall have occurred (such redemption price being herein referred to as the "Redemption Price").

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement (Talisman Energy Inc)

Redemption and Waiver. (a) The Board of Directors acting in good faith may, with Subject to the prior approval consent of the holders of Voting Common Shares or of the holders of Rights given obtained in accordance with Section 5.1(isubsection 6.5(b) or (j6.5(c), as the case may beapplicable, at any time and prior to the occurrence of a Flip-in Event as to which the application of Section 3.1 section 4.1 has not been waived pursuant to this section 6.1, the provisions Board of this Section 5.1Directors may, acting in good faith, elect to redeem all but not less than all of the then outstanding Rights New Rights Plan at a redemption price of $0.00001 0.0001 per Right Right, appropriately adjusted in a manner analogous to the applicable adjustment provided for in Section 2.3 in the event that section 3.2, if an event of the type analogous to any of the events described in Section 2.3 section 3.2 shall have occurred (such redemption price being herein referred to as the “Redemption Price”).

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement (Theratechnologies Inc.)

Redemption and Waiver. (a) The Board of Directors acting in good faith may, with the prior approval of the holders of Voting Shares or of the holders of Rights given in accordance with Section 5.1(i) or (j), as the case may be, at any time prior to the occurrence of a Flip-in Event as to which the application of Section 3.1 has not been waived pursuant to the provisions of this Section 5.1, elect to redeem all but not less than all of the then outstanding Rights at a redemption price of $0.00001 per Right appropriately adjusted in a manner analogous to the applicable adjustment provided for in Section 2.3 in the event that an event of the type analogous to any of the events described in Section 2.3 shall have occurred (such redemption price being herein referred to as the "“Redemption Price"”).

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement

Redemption and Waiver. (a) The Board of Directors acting in good faith may, with the prior approval consent of the holders of Voting Shares or of the holders of Rights given in accordance with Section 5.1(isubsection 5.1(j) or (jk), as the case may be, at any time prior to the occurrence of a Flip-in Event as to which the application of Section 3.1 has not been waived pursuant to the provisions of this Section 5.1, elect to redeem all but not less than all of the then outstanding Rights at a redemption price of $0.00001 0.0001 per Right appropriately adjusted in a manner analogous to the applicable adjustment provided for in Section 2.3 in the event that if an event of the type analogous to any of the events described in Section 2.3 shall have occurred (such redemption price being herein referred to as the "Redemption Price").

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement (Mdsi Mobile Data Solutions Inc /Can/)

Redemption and Waiver. (a) The Board of Directors acting in good faith may, with the prior approval of the holders of Voting Shares or of the holders of Rights given in accordance with Section 5.1(i) or (j), as the case may be, at any time prior to the occurrence of a Flip-in Event as to which the application of Section 3.1 has not been waived pursuant to the provisions of this Section 5.1, elect to redeem all but not less than all of the then outstanding Rights at a redemption price of $0.00001 0.001 per Right appropriately adjusted in a manner analogous to the applicable adjustment provided for in Section 2.3 in the event that an event of the type analogous to any of the events described in Section 2.3 shall have occurred (such redemption price being herein referred to as the “Redemption Price”).

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement (Dragonwave Inc)

Redemption and Waiver. (a) The Board of Directors acting in good faith may, with the prior approval consent of the holders of Voting Common Shares or of the holders of Rights given in accordance with Section Subsection 5.1(i) or (j), as the case may be, at any time prior to the occurrence of a Flip-in Event as to which the application of Section 3.1 has not been waived pursuant to the provisions of this Section 5.1, elect to redeem all but not less than all of the then outstanding Rights at a redemption price of $0.00001 per Right appropriately adjusted in a manner analogous to the applicable adjustment provided for in Section 2.3 in the event that an event of the type analogous to any of the events described in Section 2.3 shall have occurred (such redemption price being herein referred to as the "Redemption Price").

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement (Interoil Corp)

Redemption and Waiver. (a) The Board of Directors acting in good faith may, with the prior approval consent of the holders of Voting Shares or of the holders of Rights given in accordance with Section 5.1(isubsection 7.1(f) or (jg), as the case may be, at any time prior to the occurrence of a Flip-in Event as to which the application of Section 3.1 section 4.1 has not been waived pursuant to the provisions of this Section 5.1section 7.1, elect to redeem all but not less than all of the then outstanding Rights at a redemption price of $0.00001 0.0001 per Right appropriately adjusted in a manner analogous to the applicable adjustment provided for in Section 2.3 section 3.2 in the event that an event of the type analogous to any of the events described in Section 2.3 section 3.2 shall have occurred (such redemption price being herein referred to as the “Redemption Price”).

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement

Redemption and Waiver. (a) The Board of Directors acting in good faith may, with the prior approval consent of the holders of Voting Shares or of the holders of Rights given in accordance with Section 5.1(i) or (j), as the case may be, at any time prior to the occurrence of a Flip-in Event as to which the application of Section 3.1 has not been waived pursuant to the provisions of this Section 5.1, elect to redeem all but not less than all of the then outstanding Rights at a redemption price of $0.00001 per Right appropriately adjusted in a manner analogous to the applicable adjustment provided for in Section 2.3 in the event that an event of the type analogous to any of the events described in Section 2.3 shall have occurred (such redemption price being herein referred to as the “Redemption Price”).

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement (Talisman Energy Inc)

Redemption and Waiver. (a) The Board of Directors acting in good faith may, with the prior approval of the holders of Voting Shares or of the holders of Rights given in accordance with Section Subclause 5.1(i) or (j), as the case may be, at any time prior to the occurrence of a Flip-in Event as to which the application of Section Clause 3.1 has not been waived pursuant to the provisions of this Section Clause 5.1, elect to redeem all but not less than all of the then outstanding Rights at a redemption price of $0.00001 per Right appropriately adjusted in a manner analogous to the applicable adjustment provided for in Section Clause 2.3 in the event that an event of the type analogous to any of the events described in Section Clause 2.3 shall have occurred (such redemption price being herein referred to as the "Redemption Price").

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement (Vermilion Energy Inc.)

Redemption and Waiver. (a) The Board of Directors Trustees acting in good faith may, with the prior approval consent of the holders of Voting Shares Units (or of the holders of Rights instalment receipts related to Units, if any) given in accordance with Section 5.1(isubsection 5.1(f) or (j5.1(g), as the case may be, at any time prior to the occurrence of a Flip-in Event as to which the application of Section 3.1 has not been waived pursuant to the provisions of this Section 5.1, elect to redeem all but not less than all of the then outstanding Rights at a redemption price of $0.00001 per Right appropriately adjusted in a manner analogous to the applicable adjustment provided for in Section 2.3 in the event that an event of the type analogous to any of the events described in Section 2.3 shall have occurred (such redemption price being herein referred to as the “Redemption Price”).

Appears in 1 contract

Samples: Unitholders Rights Plan Agreement

Redemption and Waiver. (a) The Board of Directors acting in good faith may, with the prior approval consent of the holders of Voting Shares or of the holders of Rights given in accordance with Section 5.1(i) or (j), as the case may be, at any time prior to the occurrence of a Flip-in Event as to which the application of Section 3.1 has not been waived pursuant to the provisions of this Section 5.1, elect to redeem all but not less than all of the then outstanding Rights at a redemption price of $0.00001 per Right appropriately adjusted in a manner analogous to the applicable adjustment provided for in Section 2.3 in the event that an event of the type analogous to any of the events described in Section 2.3 shall have occurred (such redemption price being herein referred to as the “Redemption Price”).

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement (Banro Corp)

Redemption and Waiver. (a) The Board of Directors acting in good faith may, with the prior approval consent of the holders of Voting Shares Units or of the holders of Rights given in accordance with Section Subsection 5.1(i) or (j), as the case may be, at any time prior to the occurrence of a Flip-in Event as to which the application of Section 3.1 has not been waived pursuant to the provisions of this Section 5.1, elect to redeem all but not less than all of the then outstanding Rights at a redemption price of $0.00001 per Right appropriately adjusted in a manner analogous to the applicable adjustment provided for in Section 2.3 in the event that an event of the type analogous to any of the events described in Section 2.3 shall have occurred (such redemption price being herein referred to as the "Redemption Price").

Appears in 1 contract

Samples: Unitholder Rights Plan Agreement

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