Common use of Additional Subscription Privilege Clause in Contracts

Additional Subscription Privilege. 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.

Appears in 3 contracts

Samples: Commitment Agreement, Standby Purchase Agreement, Standby Purchase Agreement

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Additional Subscription Privilege. Each holder of Rights who has exercised in full the Basic Subscription Privilege Right attaching to its Rights by the Expiry Time on the Expiry DateTime, and only such holders, shall have the right to subscribe pursuant to the Rights Offering for additional Common Shares (if such are available) as a result of Rights that are not exercised under the Basic Subscription Right at the Expiry Time, subject to pro ration, all as provided for in NI 45-101 and described in the Prospectus (the β€œAdditional Subscription Privilege, to subscribe for any Rights Shares in respect of Rights not otherwise exercised”).

Appears in 1 contract

Samples: Equity Backstop Agreement (WesternZagros Resources Ltd.)

Additional Subscription Privilege. 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 Common Shares in respect of Rights not otherwise exercised.

Appears in 1 contract

Samples: Standby Purchase Agreement (CGX Energy Inc.)

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Additional Subscription Privilege. Each holder of Rights who has exercised in full the Basic Subscription Privilege attaching to its Rights by the Expiry Time on the Expiry DateTime, 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.

Appears in 1 contract

Samples: Standby Purchase Agreement

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