Common use of Redemption and Waiver Clause in Contracts

Redemption and Waiver. (a) Until the occurrence of a Flip-in Event as to which the application of section 4.1 has not been waived pursuant to this section, the Board of Directors, with the prior consent of the holders of Voting Shares or the holders of Rights given in accordance with subsection (i) or (j), as the case may be, may elect to redeem all but not less than all of the then outstanding Rights at a redemption price of $0.0001 per Right, appropriately adjusted in a manner analogous to the applicable adjustment provided for in section 3.2, if an event of the type analogous to any of the events described in section 3.2 have occurred (such redemption price being herein referred to as the “Redemption Price”).

Appears in 8 contracts

Samples: Shareholder Rights Plan Agreement (TLC Vision Corp), Shareholder Rights Plan Agreement (TLC Vision Corp), Shareholder Rights Plan Agreement

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Redemption and Waiver. (a) Until Subject to the prior consent of the holders of Voting Shares or Rights obtained in accordance with subsection 6.5(b) or 6.5(c), as applicable, and prior to the occurrence of a Flip-in Event as to which the application of section 4.1 has not been waived pursuant to this sectionsection 6.1, the Board of DirectorsDirectors may, with the prior consent of the holders of Voting Shares or the holders of Rights given acting in accordance with subsection (i) or (j)good faith, as the case may be, may elect to redeem all but not less than all of the then outstanding Rights at a redemption price of $0.0001 per Right, appropriately adjusted in a manner analogous to the applicable adjustment provided for in section 3.2, if an event of the type analogous to any of the events described in section 3.2 shall have occurred (such redemption price being herein referred to as the “Redemption Price”).

Appears in 3 contracts

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

Redemption and Waiver. (a) Until the occurrence of a Flip-in Event as to which the application of section 4.1 has not been waived pursuant to this section, the Board of Directors, with the prior consent of the holders of Voting Shares or the holders of Rights given in accordance with subsection (i) or (j), as the case may be, may elect to redeem all but not less than all of the then outstanding Rights at a redemption price of $0.0001 0.00001 per Right, appropriately adjusted in a manner analogous to the applicable adjustment provided for in section 3.2, if an event of the type analogous to any of the events described in section 3.2 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 (Royal Standard Minerals Inc)

Redemption and Waiver. (a) Until the occurrence of a Flip-in Event as to which the application of section Section 4.1 has not been waived pursuant to this sectionSection 6.1, the Board of DirectorsDirectors may, with the prior consent of the holders of Voting Shares or the holders of Rights given in accordance with subsection (iSection 6.1(i) or (j), as the case may be, may elect to redeem all but not less than all of the then outstanding Rights at a redemption price of $0.0001 0.00001 per Right, appropriately adjusted in a manner analogous to the applicable adjustment provided for in section Section 3.2, if an event of the type analogous to any of the events described in section 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 (Mag Silver Corp), Shareholder Rights Plan Agreement (Mag Silver Corp)

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Redemption and Waiver. (a) Until the occurrence of a Flip-in Event as to which the application of section Section 4.1 has not been waived pursuant to this sectionSection 6.1, the Board of DirectorsDirectors may, with the prior consent of the holders of Voting Shares or the holders of Rights given in accordance with subsection (iSection 1.1(i) or (j), as the case may be, may elect to redeem all but not less than all of the then outstanding Rights at a redemption price of $0.0001 0.00001 per Right, appropriately adjusted in a manner analogous to the applicable adjustment provided for in section Section 3.2, if an event of the type analogous to any of the events described in section 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 (Richmont Mines Inc)

Redemption and Waiver. (a) Until the occurrence of a Flip-in Event as to which the application of section 4.1 has not been waived pursuant to this section, the Board of Directors, with the prior consent of the holders of Voting Shares or the holders of Rights given in accordance with subsection (i) or (j), as the case may be, may elect to redeem all but not less than all of the then outstanding Rights at a redemption price of $0.0001 per Right, appropriately adjusted in a manner analogous to the applicable adjustment provided for in section 3.2, if an event of the type analogous to any of the events described in section 3.2 have occurred (such redemption price being herein referred to as the “Redemption Price”"REDEMPTION PRICE").

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement (TLC Vision Corp)

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