Action Requiring Adjustment. In case the Corporation, after the date hereof, shall take any action affecting the Common Shares, other than the actions described in this Article 7, which, in the opinion of the directors of the Corporation would materially adversely affect the rights of the Subscription Receiptholders, then the number of Common Shares which are to be received upon the conversion of the Subscription Receipts shall be adjusted in such manner, if any, and at such time as the directors of the Corporation may, in their discretion, reasonably determine to be equitable to the Subscription Receiptholders in such circumstances.
Appears in 4 contracts
Samples: Subscription Receipt Agreement, Subscription Receipt Agreement, Subscription Receipt Agreement
Action Requiring Adjustment. In case the CorporationCompany, after the date hereof, shall take any action affecting the Common Shares, other than the actions described in this Article 78, which, in the opinion of the directors of the Corporation Directors would materially adversely affect the rights of the Subscription Receiptholders, then the number of Common Shares Units which are to be received upon the conversion of the Subscription Receipts shall be adjusted in such manner, if any, and at such time as the directors of the Corporation Directors may, in their discretion, reasonably determine to be equitable to the Subscription Receiptholders in such circumstances.
Appears in 2 contracts
Samples: Subscription Receipt Agreement, Subscription Receipt Agreement
Action Requiring Adjustment. In case the Corporation, after the date hereof, shall take any action affecting the Common Shares, other than the actions described in this Article 78, which, in the opinion of the directors of the Corporation would materially adversely affect the rights of the Subscription ReceiptholdersReceiptholder, then the number of Common Shares which are to be received upon the conversion of the Subscription Receipts shall be adjusted in such manner, if any, and at such time as the directors of the Corporation may, in their discretion, reasonably determine to be equitable to the Subscription Receiptholders Receiptholder in such circumstances.
Appears in 1 contract
Samples: Subscription Receipt Agreement
Action Requiring Adjustment. In case the Corporation, after the date hereof, shall take any action affecting the Common Shares, other than the actions described in this Article 7, which, in the opinion of the directors of the Corporation would materially adversely affect the rights of the Subscription Receiptholders, then the number of Common Shares which are to be received upon the conversion exercise of the Subscription Receipts shall be adjusted in such manner, if any, and at such time as the directors of the Corporation may, in their discretion, reasonably determine to be equitable to the Subscription Receiptholders in such circumstances.
Appears in 1 contract
Samples: Subscription Receipt Agreement
Action Requiring Adjustment. In case the Corporation, after the date hereof, shall take any action affecting the Common Shares, other than the actions described in this Article 7, which, in the opinion of the directors Directors of the Corporation would materially adversely affect the rights of the Subscription Receiptholders, then the number of Common Shares Units which are to be received upon the conversion of the Subscription Receipts shall be adjusted in such manner, if any, and at such time as the directors Directors of the Corporation may, in their discretion, reasonably determine to be equitable to the Subscription Receiptholders in such circumstances.
Appears in 1 contract
Samples: Subscription Receipt Agreement