additional subscription privilege definition

additional subscription privilege means a privilege, granted to a holder of a right, to subscribe for a security not subscribed for by any holder under a basic subscription privilege;
additional subscription privilege means the entitlement of a holder of Rights, who has exercised in full the Basic Subscription Privilege attaching to its Rights, to subscribe pursuant to the Rights Offering for additional Units (if such are available), as such entitlement is further detailed in the Prospectus.
additional subscription privilege means the privilege, granted to a holder of a right, to subscribe for securities not subscribed for under a basic subscription privilege;

Examples of additional subscription privilege in a sentence

  • Each holder of Rights who has exercised in full the Basic Subscription Privilege attaching to its Rights by the Expiry Time on the Expiry Date, and only such holders, shall have the right to the Additional Subscription Privilege, to subscribe for any Rights Shares in respect of Rights not otherwise exercised.

  • CDB will, or will cause its transfer agent, Computershare Trust Company of Canada to, deliver to the Standby Purchaser, as soon as is practicable following the Expiry Time, details concerning the total number of Rights Shares duly subscribed and paid for by holders of Rights under the Rights Offering, including those Rights Shares subscribed and paid for pursuant to the Additional Subscription Privilege.

  • Other than as previously disclosed to the Standby Purchaser, the issuance of the Securities and the Warrant Shares will not be subject to any pre‐emptive or similar rights (it being acknowledged by the Standby Purchaser that the number of Standby Shares that it may be entitled to receive pursuant to this Agreement will depend on the number of Rights Shares issued to those Persons who have exercised their Rights and Additional Subscription Privilege prior to the Expiry Time on the Expiry Date).

  • The Corporation will cause CST Trust Company to deliver to the Corporation, as soon as is practicable following the Rights Expiry Time, details concerning the total number of Rights Shares duly subscribed and paid for by holders of Rights under the Rights Offering, including (without limitation) those subscribed and paid for pursuant to the Additional Subscription Privilege.

  • The Corporation will use such commercially reasonable efforts as the Standby Purchasers may reasonably request to enforce payment in respect of, or to otherwise ensure the valid exercise of, all Rights purported to be exercised either under the Basic Subscription Privilege or the Additional Subscription Privilege.


More Definitions of additional subscription privilege

additional subscription privilege has the meaning given in Section 2.2;
additional subscription privilege means the entitlement of holders of Rights who subscribe in full under the Basic Subscription Privilege to also subscribe for Additional Class A Ordinary Shares not subscribed for under the Basic Subscription Privilege by other holders of Rights, if any, on the basis set forth herein.
additional subscription privilege means the subscription privilege to subscribe for Additional Units to which all holders of Warrants that have subscribed for Units to which they are entitled pursuant to the Basic Subscription Privilege are entitled to.
additional subscription privilege means the privilege of certain holders of Rights to subscribe for Additional Shares after the exercise of all of their Rights;
additional subscription privilege means the entitlement granted to holders of Rights who exercise all of their Rights to subscribe pro rata for Additional Units, if any, offered under the Offering that are not otherwise subscribed for by the Expiry Date.
additional subscription privilege has the meaning given to it in Section 2.2 of Schedule 2 Additional Subscription Shares has the meaning given to it in Section 2.6(b) of Schedule 2 Affiliate has the meaning given to it under NI 45-106 Agreement means this Standby Purchase Agreement Announcement has the meaning given to it in Section 13.3
additional subscription privilege means the right of a holder of a Right who exercises its Basic Subscription Privilege in full to subscribe for additional New Common Shares (or Common Shares if the Share Consolidation has not occurred), if available.