Common use of Call Rights Clause in Contracts

Call Rights. Each holder of an Exchangeable Share, whether of record or beneficial, by virtue of becoming and being such a holder shall be deemed to acknowledge each of the Liquidation Call Right, Change of Law Call Right, the Retraction Call Right and the Redemption Call Right, in each case, in favour of US Gold and Callco, and the overriding nature thereof in connection with the liquidation, dissolution or winding-up of the Corporation or any other distribution of the assets of the Corporation among its shareholders for the purpose of winding up its affairs, or a Change of Law or the retraction or redemption of Exchangeable Shares, as the case may be, and to be bound thereby in favour of US Gold or Callco, as the case may be, as herein provided.

Appears in 2 contracts

Samples: Arrangement Agreement (Minera Andes Inc /Wa), Arrangement Agreement (U S Gold Corp)

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Call Rights. Each holder of an Exchangeable Share, whether of record or beneficial, by virtue of becoming and being such a holder shall be deemed to acknowledge each of the Liquidation Call Right, the Redemption Call Right, the Change of Law Call Right, the Retraction Call Right and the Redemption Retraction Call Right, in each case, in favour of US Gold and CallcoCallCo, and the overriding nature thereof in connection with the liquidation, dissolution or winding-up of the Corporation Company or any other distribution of the assets of the Corporation Company among its shareholders for the purpose of winding up its affairs, or a Change of Law or the retraction or redemption of Exchangeable Shares, as the case may be, and to be bound thereby in favour of US Gold or Callco, CallCo as provided herein and in the case may be, as herein providedSupport Agreement.

Appears in 2 contracts

Samples: Voting and Exchange Trust Agreement (Zymeworks Delaware Inc.), And Amended Transaction Agreement (Zymeworks Inc.)

Call Rights. Each holder of an Exchangeable Share, whether of record or beneficial, by virtue of becoming and being such a holder shall be deemed to acknowledge each of the Liquidation Call Right, the Redemption Call Right, the Change of Law Call Right, the Retraction Call Right and the Redemption Retraction Call Right, in each case, in favour of US Gold the Parent and Callco, and the overriding nature thereof in connection with the liquidation, dissolution or winding-up of the Corporation Company or any other distribution of the assets of the Corporation Company among its shareholders for the purpose of winding up its affairs, or a Change of Law or the retraction or redemption of Exchangeable Shares, as the case may be, and to be bound thereby in favour of US Gold or Callco, the Parent and Callco as provided herein and in the case may be, as herein provided.Exchange Agreement. WSLegal\073132\00009\12677454v12

Appears in 1 contract

Samples: Exchange Agreement (Biotricity Inc.)

Call Rights. Each holder of an Exchangeable Share, whether of record or beneficial, by virtue of becoming and being such a holder shall be deemed to acknowledge each of the Liquidation Call Right, the Redemption Call Right, the Change of Law Call Right, the Retraction Call Right and the Redemption Retraction Call Right, in each case, in favour of US Gold Vail and Callco, and the overriding nature thereof in connection with the liquidation, dissolution or winding-up of the Corporation Company or any other distribution of the assets of the Corporation Company among its shareholders for the purpose of winding up its affairs, or a Change of Law or the retraction or redemption of Exchangeable Shares, as the case may be, and to be bound thereby in favour of US Gold or Callco, Vail and Callco as provided herein and in the case may be, as herein providedPlan of Arrangement.

Appears in 1 contract

Samples: Arrangement Agreement (Vail Resorts Inc)

Call Rights. Each holder of an Exchangeable Share, whether of record or beneficial, by virtue of becoming and being such a holder shall be deemed to acknowledge each of the Liquidation Call Right, the Redemption Call Right, the Change of Law Call Right, and the Retraction Call Right and the Redemption Call Right, in each case, in favour of US Gold and Callcothe Parent, and the overriding nature thereof in connection with the liquidation, dissolution or winding-up of the Corporation Company or any other distribution of the assets of the Corporation Company among its shareholders for the purpose of winding up its affairs, or a Change of Law or the retraction or redemption of Exchangeable Shares, as the case may be, and to be bound thereby in favour of US Gold or Callco, the Parent as the case may be, as herein provided.provided herein. [Ameri – Exchangeable Share Provisions]

Appears in 1 contract

Samples: Amalgamation Agreement (AMERI Holdings, Inc.)

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Call Rights. Each holder of an Exchangeable Share, whether of record or beneficial, by virtue of becoming and being such a holder shall be deemed to acknowledge each of the Liquidation Call Right, the Redemption Call Right, the Change of Law Call Right, the Retraction Call Right and the Redemption Retraction Call Right, in each case, in favour of US Gold the Parent and Callco, and the overriding nature thereof in connection with the liquidation, dissolution or winding-up of the Corporation Company or any other distribution of the assets of the Corporation Company among its shareholders for the purpose of winding up its affairs, or a Change of Law or the retraction or redemption of Exchangeable Shares, as the case may be, and to be bound thereby in favour of US Gold or Callco, the Parent and Callco as provided herein and in the case may be, as herein providedExchange Agreement.

Appears in 1 contract

Samples: Exchange Agreement (DelMar Pharmaceuticals, Inc.)

Call Rights. Each holder of an Exchangeable Share, whether of record or beneficial, by virtue of becoming and being such a holder shall be deemed to acknowledge each of the Liquidation Call Right, the Redemption Call Right, the Change of Law Call Right, the Retraction Call Right and the Redemption Retraction Call Right, in each case, in favour of US Gold Molycorp and Callco, and the overriding nature thereof in connection with the liquidation, dissolution or winding-up of the Corporation Company or any other distribution of the assets of the Corporation Company among its shareholders for the purpose of winding up its affairs, or a Change of Law or the retraction or redemption of Exchangeable Shares, as the case may be, and to be bound thereby in favour of US Gold or Callco, Molycorp and Callco as provided herein and in the case may be, as herein providedPlan of Arrangement.

Appears in 1 contract

Samples: Arrangement Agreement (Molycorp, Inc.)

Call Rights. Each holder of an Exchangeable Share, whether of record or beneficial, by virtue of becoming and being such a holder shall be deemed to acknowledge each of the Liquidation Call Right, the Redemption Call Right, the Change of Law Call Right, the Retraction Call Right and the Redemption Retraction Call Right, in each case, in favour of US Gold Akerna and Callco, and the overriding nature thereof in connection with the liquidation, dissolution or winding-up of the Corporation Company or any other distribution of the assets of the Corporation Company among its shareholders for the purpose of winding up its affairs, or a Change of Law or the retraction or redemption of Exchangeable Shares, as the case may be, and to be bound thereby in favour of US Gold or Callco, Akerna and Callco as provided herein and in the case may be, as herein providedPlan of Arrangement.

Appears in 1 contract

Samples: Arrangement Agreement (Akerna Corp.)

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