Common use of Additional Subscription Privilege Clause in Contracts

Additional Subscription Privilege. PolyMet shall ensure that each Qualifying Shareholder who has exercised its Rights in full by the Rights Offering Expiry Time shall have the right to subscribe for additional Shares immediately prior to the Rights Offering Expiry Time (if such are available) as a result of Rights that are not exercised by the Rights Offering Expiry Time, subject to pro ration as provided for in the Prospectus (the "Additional Subscription Privilege").

Appears in 4 contracts

Samples: Standby Purchase Agreement, Standby Purchase Agreement (Polymet Mining Corp), Standby Purchase Agreement (Glencore International PLC)

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Additional Subscription Privilege. PolyMet shall ensure that each Qualifying Shareholder who has exercised its Rights in full by the Rights Offering Expiry Time shall have the right to subscribe for additional Shares immediately prior to the Rights Offering Expiry Time (if such are available) as a result of Rights that are not exercised by the Rights Offering Expiry Time, subject to pro ration as provided for in the Prospectus (the "β€œAdditional Subscription Privilege"”).

Appears in 1 contract

Samples: Standby Purchase Agreement (Polymet Mining Corp)

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Additional Subscription Privilege. PolyMet shall ensure that each Qualifying Shareholder who has exercised its Rights in full by the Rights Offering Expiry Time shall have the right to subscribe for additional Shares immediately prior to the Rights Offering Expiry Time (if such are available) as a result of Rights that are not exercised by the Rights Offering Expiry Time, subject to pro ration as provided for in the Prospectus Rights Offering Notice and the Rights Offering Circular (the "Additional Subscription Privilege").

Appears in 1 contract

Samples: Standby Purchase Agreement (Polymet Mining Corp)

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