Common use of Additional Governance Right Clause in Contracts

Additional Governance Right. Notwithstanding Section 3.3, for so long as the Investors and their Affiliates hold any Purchased Series B Preferred Shares, the Parent shall not, and shall ensure that its subsidiaries shall not, as applicable, without the prior written consent of the Investors, enter into or effect any transaction, other than a Change of Control Transaction, if such transaction would result in the Common Shares no longer being listed on any Securities Exchange.

Appears in 3 contracts

Samples: Investor Rights Agreement (Engaged Capital LLC), Investor Rights Agreement (SunOpta Inc.), Securities Subscription Agreement (SunOpta Inc.)

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Additional Governance Right. Notwithstanding Section 3.33.4, for so long as the Investors and their Affiliates hold any Purchased Series B Preferred Shares or Series A Preferred Shares, the Parent shall not, and shall ensure that its subsidiaries shall not, as applicable, without the prior written consent of the Investors, enter into or effect any transaction, other than a Change of Control Transaction, if such transaction would result in the Common Shares no longer being listed on any Securities Exchange.

Appears in 2 contracts

Samples: Investor Rights Agreement (SunOpta Inc.), Securities Subscription Agreement (SunOpta Inc.)

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Additional Governance Right. Notwithstanding Section 3.33.4, for so long as the Investors and their Affiliates hold any Purchased Series B Preferred Shares, the Parent shall not, and shall ensure that its subsidiaries shall not, as applicable, without the prior written consent of the Investors, enter into or effect any transaction, other than a Change of Control TransactionControl, if such transaction would result in the Common Shares no longer being listed on any Securities Exchange.

Appears in 1 contract

Samples: Investor Rights Agreement (SunOpta Inc.)

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