Common use of Exercise of Forced Conversion Right Clause in Contracts

Exercise of Forced Conversion Right. (1) The Holder may, at any time prior to 5:00 p.m. (Toronto time) on the day immediately prior to the Forced Conversion Date, whether notice of the exercise of the Forced Conversion Right having been received or deemed to have been received, or not, exercise the Conversion Right set forth in Article 4, in full in which case the conversion of all the then outstanding Principal Sum under such Debenture shall be governed by Article 4, and this Article 5 shall have no effect on such conversion.

Appears in 8 contracts

Samples: Cedara Software Corp, Cedara Software Corp, Cedara Software Corp

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