Acceleration Right means the Participant’s right, in certain circumstances, to exercise its outstanding Option as to all or any of the Common Shares in respect of which such Option has not previously been exercised and which the Participant is entitled to exercise, including in respect of Common Shares not otherwise vested at such time;

Acceleration Right means the right of the Company to accelerate the expiry date of the Warrants to the date which is not less than 30 days after the date the Acceleration Notice is provided to the holders of Warrants if the volume-weighted average trading price of the Common Shares exceeds $1.50 for a period, following the Closing Date, of 10 consecutive trading days on the CSE;

Acceleration Right means the right of the Corporation to accelerate the Expiry Date to a date that is not the less than twenty (20) days following the issuance of the Acceleration Notice if, at any time before the Expiry Date, the volume weighted average trading price of the Common Shares exceeds $5.50 for a period of twenty (20) consecutive Trading Days. The right to purchase Common Shares may only be exercised by the Warrantholder within the time set forth above by:

Examples of Acceleration Right in a sentence

At the time of the termination of the Acceleration Right, the original vesting terms of the Options shall be reinstated with respect to the Common Shares issuable thereunder which were not acquired by the holders of such Options pursuant to the terms thereof.
Notwithstanding the foregoing, the Take-over Acceleration Right may be extended for such longer period as the Board may resolve.
Notwithstanding the foregoing, the Acceleration Right may be extended for such longer period as the Board may resolve.
The Take-over Acceleration Right shall commence at such time as is determined by the Board, provided that, if the Board approves the Take-over Acceleration Right but does not determine commencement and termination dates regarding same, the Take-over Acceleration Right shall commence on the date of the Take-over Proposal and end on the earlier of the expiry time of the Option and the tenth (10th) day following the expiry date of the Take-over Proposal.
If approved by the Board, Options may provide that, whenever the Company’s shareholders receive a Take-over Proposal, such Option may be exercised as to all or any of the Shares in respect of which such Option has not previously been exercised (including in respect of Shares not otherwise vested at such time) by the Participant (the "Take-over Acceleration Right").

More Definitions of Acceleration Right

Acceleration Right means the right of the Corporation to accelerate the Expiry Date to a date that is fifteen (15) days following delivery of the Acceleration Notice if, at any time after the Effective Date, the closing sale price of the Common Shares exceeds $0.32 per Common Share for a period of ten (10) consecutive Trading Days on the Exchange;

Acceleration Right means the right of the Corporation to accelerate the Expiry Time to a date that is not the less than 30 days following delivery of the Acceleration Notice if, at any time after the Common Shares are first traded on the TSXV, the volume weighted average trading price of the Common Shares on the TSXV, or if the Common Shares are not then listed on the TSXV, on such other stock exchange on which the Common Shares are principally traded, equals or exceeds $3.00 for 20 consecutive Trading Days;

Acceleration Right means the right of the Corporation to accelerate the Expiry Date to a date that is not less than 30 days following the delivery of a valid Acceleration Notice (as defined in the Warrant Indenture) in accordance with Section 2.2(6) of the Warrant Indenture, if, at any time prior to the Expiry Date, the daily volume-weighted average trading price of the Common Shares on the Exchange for the preceding 20 consecutive Trading Days is greater than $0.35. The right to purchase Common Shares may only be exercised by the Warrantholder within the time set forth above by:

Acceleration Right means the Company has a right to accelerate the expiry date of the Warrants if the closing price of the shares of the Company on the TSXV, or any other stock exchange on which such shares are then listed, is at a price equal to or greater than $0.25 for a period of twenty consecutive trading days.

Acceleration Right means the right of the Corporation to accelerate the Expiry Date to a date that is not the less than 30 days following delivery of the Acceleration Notice if, at any time four months after the Effective Date, the volume weighted average trading price of the Common Shares equals or exceeds $3.75 for a period of 10 consecutive trading dates on the Canadian Securities Exchange. The right to purchase Common Shares may only be exercised by the Warrantholder within the time set forth above by:

Acceleration Right means the right of the Corporation to accelerate the Expiry Date to a date that is 30 days following delivery of the Acceleration Notice if, at any time after the Effective Date, the volume weighted average share price of the issued and outstanding Common Shares is greater than $2.50 per Common Share for a period of 15 consecutive Trading Days;