Common use of Dealing in Option Shares Clause in Contracts

Dealing in Option Shares. The Grantor agrees that it will not on or before 5.00pm on the Expiry Date: (a) deal with, sell or otherwise part with possession of any Option Share; or (b) attempt to do anything listed in clause 4(a) in respect of any Option Share, other than in accordance with this deed or with the prior written consent of Coeur. For the avoidance of doubt, this clause 4 does not restrict the ability of the Grantor to: (1) exercise the voting rights attaching to the Option Shares prior to the exercise by Coeur of the Call Option; or (2) permit or suffer to exist an Encumbrance in respect of the Option Shares before the Completion Date.

Appears in 4 contracts

Samples: Option Deed (Coeur D Alene Mines Corp), Option Deed (Coeur D Alene Mines Corp), Option Deed (Coeur D Alene Mines Corp)

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Dealing in Option Shares. The Grantor agrees that it will not on or before 5.00pm on the Expiry Date: (a) deal with, sell or otherwise part with possession of any Option Share; or (b) attempt to do anything listed in clause 4(a) in respect of any Option Share, other than in accordance with this deed or with the prior written consent of Coeur. For the avoidance of doubt, this clause 4 does not restrict the ability of the Grantor to: (1) exercise the voting rights attaching to the Option Shares prior to the exercise by Coeur of the Call Option; or (2) permit or suffer to exist an Encumbrance in respect of the Option Shares before the Completion Date. 5 Voting The parties agree that nothing in this deed restricts the ability of the Grantor to exercise the votes attaching to the Option Shares in the Grantor’s discretion before the Call Option is exercised.

Appears in 2 contracts

Samples: Option Deed (Coeur D Alene Mines Corp), Option Deed (Coeur D Alene Mines Corp)

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