Common use of Initial Exercise Price; Exercise of Rights; Detachment of Rights Clause in Contracts

Initial Exercise Price; Exercise of Rights; Detachment of Rights. (a) Subject to adjustment as herein set forth, from and after the Separation Time and prior to the Expiration Time, each Right will entitle the holder thereof to purchase one Common Share for the Exercise Price (or its U.S. Dollar Equivalent) as at the Close of Business on the day immediately preceding the date of the exercise of the Right (which Exercise Price and number of Common Shares are subject to adjustment as set forth below). Notwithstanding any other provision of this Agreement, any Rights held by the Company or any of its Subsidiaries shall be void.

Appears in 4 contracts

Samples: Shareholder Rights Plan Agreement (DiaMedica Therapeutics Inc.), Shareholder Rights Plan Agreement (DiaMedica Therapeutics Inc.), Shareholder Rights Plan Agreement (DiaMedica Inc.)

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Initial Exercise Price; Exercise of Rights; Detachment of Rights. (a) Subject to adjustment as herein set forth, from and after the Separation Time and prior to the Expiration Time, each Right will entitle the holder thereof to purchase one Common Share for the Exercise Price (or its U.S. Dollar Equivalent) as at the Close of Business on the day immediately preceding the date of the exercise of the Right (which Exercise Price and number of Common Shares are subject to adjustment as set forth below). Notwithstanding any other provision of this Agreement, any Rights held by the Company Corporation or any of its Subsidiaries shall be void.

Appears in 4 contracts

Samples: Shareholder Rights Plan Agreement (Theratechnologies Inc.), Shareholder Rights Plan Agreement (Theratechnologies Inc.), Shareholder Rights Plan Agreement

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Initial Exercise Price; Exercise of Rights; Detachment of Rights. (a) Subject to adjustment as herein set forth, from and each Right will entitle the holder thereof, after the Separation Time and prior to the Expiration Time, each Right will entitle the holder thereof to purchase one Common Share for the Exercise Price (Price, or its the U.S. Dollar Equivalent) Equivalent of the Exercise Price, as at the Close of Business on the day Day immediately preceding the date of the exercise of the Right Separation Time (which Exercise Price and number of Common Shares are subject to adjustment as set forth below). Notwithstanding any other provision of this Agreement, any Rights held by the Company Corporation or any of its Subsidiaries shall be void.

Appears in 2 contracts

Samples: Shareholder Rights Plan Agreement (TLC Laser Center Inc), Shareholder Rights Plan Agreement (TLC Laser Center Inc)

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