Common use of An Eligible Clause in Contracts

An Eligible. Rights Holder may exercise its Basic Subscription Privileges and, if desired, Over-Subscription Privileges by completing and executing the exercise portion of the Subscription Certificate and delivering it to the Subscription Agent along with payment of the Subscription Price for at least the Basic Subscription for the aggregate number of Common Shares subscribed for prior to the Expiration Time. An Eligible Rights Holder must exercise such holder's Basic Subscription Privilege in full in order to be eligible to exercise its Over-Subscription Privilege. If an Eligible Rights Holder exercises its Basic Subscription Privilege in full, the holder may exercise its Over-Subscription Privilege for as many Common Shares as such Eligible Rights Holder indicates on its Subscription Certificate and for which the holder submits payment of the Subscription Price, subject to the availability of such shares and allocation set forth in Section 5(b).

Appears in 2 contracts

Samples: Subscription Agent Agreement (Navidec Inc), Subscription Agent Agreement (Navidec Inc)

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An Eligible. Rights Holder may exercise its Basic Subscription Privileges and, if desired, Over-Subscription Privileges by completing and executing the exercise portion of the Subscription Certificate and delivering it to the Subscription Agent along with payment of the Subscription Price for at least the Basic Subscription for the aggregate number of Common Shares subscribed for prior to the Expiration Time. An Eligible Rights Holder must exercise such holder's Basic Subscription Privilege in full in order to be eligible to exercise its Over-Subscription Privilege. If an Eligible Rights Holder exercises its Basic Subscription Privilege in full, the holder may exercise its Over-Subscription Privilege for as many may Common Shares as such Eligible Rights Holder indicates on its Subscription Certificate and for which the holder submits payment of irrevocably agrees to pay the Subscription Price, subject to the availability of such shares and allocation set forth in Section 5(b).

Appears in 1 contract

Samples: Subscription Agent Agreement (Navidec Inc)

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An Eligible. Rights Holder may exercise its Basic Subscription Privileges and, if desired, Over-Subscription Privileges by completing and executing the exercise portion of the Subscription Certificate and delivering it to the Subscription Agent along with payment of the Subscription Price for at least the Basic Subscription for the aggregate number of Common Shares subscribed for prior to the Expiration Time. An Eligible Rights Holder must exercise such holder's Basic Subscription Privilege in full in order to be eligible to exercise its Over-Subscription Privilege. If an Eligible Rights Holder exercises its Basic Subscription Privilege in full, the holder may exercise its Over-Subscription Privilege for as many Common Shares as such Eligible Rights Holder indicates on its Subscription Certificate and for which the holder submits payment of pays the Subscription Price, subject to the availability of such shares and allocation set forth in Section 5(b).

Appears in 1 contract

Samples: Subscription Agent Agreement (Smartdisk Corp)

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