Acceleration Right definition

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 date of the Acceleration Notice if, at any time after the Effective Date, the volume weighted average trading price of the Common Shares exceeds the Acceleration Trigger Price for a period of 15 consecutive Trading Days on the NEO Exchange (or such other stock exchange where the majority of the trading volume occurs). The Warrants evidenced hereby are exercisable at or before the Expiry Time, after which time the Warrants evidenced hereby shall be deemed to be void and of no further force or effect. The right to purchase Common Shares may only be exercised by the Warrantholder within the time set forth above by:
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;

Examples of Acceleration Right in a sentence

  • If, at any time following the Closing Date and prior the Time of Expiry, the Current Market Price is equal to or greater than $7.38 for 20 consecutive trading days, the Company shall be entitled, within ten Business Days of the occurrence of such event, and in its sole discretion, to exercise the Acceleration Right, by delivering the Acceleration Notice to the Warrant Agent in respect of the MVS Warrants.

  • If, at any time following the Closing Date and prior the Time of Expiry, the Current Market Price is equal to or greater than $7.38 for 20 consecutive trading days, the Company shall be entitled, within ten Business Days of the occurrence of such event, and in its sole discretion, to exercise the Acceleration Right, by delivering the Acceleration Notice to the Warrant Agent in respect of the SVS Warrants.

  • If, at any time following the Closing Date and prior the Time of Expiry, the Current Market Price is equal to or greater than $7.38 for 20 consecutive trading days, the Company shall be entitled, within ten Business Days of the occurrence of such event, and in its sole discretion, to exercise the Acceleration Right, by delivering the Acceleration Notice to the Warrant Agent.


More Definitions of Acceleration Right

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 Company to accelerate the Expiry Date to a date that is not less than 30 days following provision of the Acceleration Notice if, at any time after the date of issuance of the Warrants, an Acceleration Trigger shall have occurred;
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, subject to the approval of the CSE and to Section 2.2(6), the right of the Corporation to accelerate the Expiry Date to the date that is not less than 30 days following delivery of the Acceleration Notice if, at any time prior to the Expiry Date, the daily volume-weighted average trading price of the Common Shares exceeds $1.00 for the preceding 10 consecutive Trading Days on the CSE;
Acceleration Right means the right of the Company 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 at least four months following the Effective Date, the volume weighted average trading price of the Common Shares equals or exceeds $2.65 for a period of 20 consecutive trading dates on the TSXV. The Warrants evidenced hereby are exercisable at or before 5:00 p.m. (Montreal time) on February 21, 2022 after which time the warrants evidenced hereby shall be deemed to be void and of no further force or effect. The right to purchase Common Shares may only be exercised by the Warrantholder within the time set forth above by:
Acceleration Right means a right, which at the time is immediately exercisable (without further notice or lapse of time), by the holders or a trustee to cause the acceleration of the maturity of Indebtedness of Publishing or a Restricted Subsidiary having an aggregate principal amount outstanding of at least $5,000,000; provided that this definition shall exclude the rights of the holders of the existing preference shares of DTH and FDTH to require that Restricted Subsidiaries or Affiliates purchase those shares pursuant to the terms of the governing instruments or
Acceleration Right means the right of the Corporation to accelerate the Expiry Date to the date that is 30 days following delivery of the Acceleration Notice if, at any time sixty (60) days after the Listing Date, the daily VWAP of the Common Shares exceeds $0.75 for a period of ten (10) consecutive Trading Days;