Common use of Detachment of Rights Clause in Contracts

Detachment of Rights. Subject to adjustment as herein set forth, each Right will entitle the holder thereof, after the Separation Time and prior to the Expiration Time, to purchase, for the Exercise Price, one Common Share. Notwithstanding any other provision of this Agreement, any Rights held by the Corporation or any of its Subsidiaries are void.

Appears in 3 contracts

Samples: Rights Agreement (Trillium Therapeutics Inc.), Rights Agreement, Rights Agreement

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Detachment of Rights. Subject to adjustment as herein set forth, each Right will entitle the holder thereof, from and after the Separation Time and prior to the Expiration Time, to purchase, for the Exercise Price, one Common Share. Notwithstanding any other provision of this Agreement, any Rights held by the Corporation or any of its Subsidiaries are void.

Appears in 1 contract

Samples: Rights Agreement

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Detachment of Rights. Subject to adjustment as herein set forth, each Right will entitle the holder thereof, after the Separation Time and prior to the Expiration Time, to purchase, for the Exercise Price, one (1) Common Share. Notwithstanding any other provision of this Agreement, any Rights held Beneficially Owned by the Corporation or any of its Subsidiaries are shall be void.

Appears in 1 contract

Samples: Shareholder Protection Rights Plan Agreement (Haemacure Corp)

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