Common use of Deemed Termination Clause in Contracts

Deemed Termination. This Warrant Certificate will terminate automatically and with immediate effect upon the date (the "Mandatory Cancellation Date") either: (a) the Holder or any other Person subscribes for and purchases Common Shares pursuant to the terms of the Tranche 2 Subscription Agreement; (b) the Tranche 2 Subscription Agreement is terminated pursuant to its terms; or (c) the Share Pricing Resolution is approved at the GM Transaction Shareholder Meeting.

Appears in 5 contracts

Samples: Master Purchase Agreement (1397468 B.C. Ltd.), Master Purchase Agreement (1397468 B.C. Ltd.), Master Purchase Agreement (1397468 B.C. Ltd.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!