Grant of Participation Right. The Corporation agrees that, subject to Section 3.7 and the receipt of all required regulatory approvals, the Investor (directly or through an Affiliate) has the right (the "Participation Right") upon receipt of an Offering Notice, to subscribe for and to be issued as part of an Offering at the subscription price per Offered Security pursuant to the Offering, payable in cash, and otherwise on substantially the same terms and conditions of the Offering:
Grant of Participation Right. The Company agrees that, subject to Section 2.5 hereof, until the Investor (directly or through an Affiliate) ceases to own at least 5% of the Common Shares (calculated on a fully diluted basis), the Investor (directly or through an Affiliate) has the right (the “Participation Right”), to subscribe for and to be issued as part of an Offering at the subscription price per Offered Security pursuant to the Offering and otherwise on substantially the terms and conditions of the Offering (provided that, if the Investor is prohibited by Canadian Securities Laws or other applicable law from participating on substantially the terms and conditions of the Offering, the Company shall use commercially reasonable efforts to enable the Investor to participate on terms and conditions that are as substantially similar as circumstances permit):
Grant of Participation Right. (a) The Company agrees that, subject to Section 3.6 and provided that the Participating Percentage is at least 5%, the Investor (directly or through an Affiliate) has the right (the “Participation Right”) to subscribe for and to be issued as part of an Offering at the subscription price per Offered Security pursuant to the Offering and otherwise on substantially the terms and conditions of the Offering (provided that, if the Investor is prohibited by Canadian Securities Laws or other Applicable Laws or the rules of any stock exchange from participating on substantially the terms and conditions of the Offering, the Company shall use commercially reasonable efforts to enable the Investor to participate on terms and conditions that are as substantially similar as circumstances permit):
Grant of Participation Right. The Company agrees that, subject to Section 5.3 and the receipt of all required regulatory approvals (including the approval of the TSX and the NYSE Amex), the Investor has the right (the "Participation Right"), upon receipt of an Offering Notice, to subscribe for and to be issued as part of an Offering at the subscription price per Offered Security pursuant to the Offering and otherwise on substantially the terms and conditions of the Offering:
Grant of Participation Right. The Company agrees that, subject to Section 2.5 hereof, until the Investor (directly or through an Affiliate) ceases to own at least [REDACTED]% of the Common Shares (calculated on a fully diluted basis), the Investor (directly or through an Affiliate) has the right (the “Participation Right”), to subscribe for and to be issued as part of an Offering at the subscription price per Offered Security pursuant to the Offering and otherwise on substantially the terms and conditions of the Offering, including that the purchase and sale of the Offered Securities pursuant to the Participation Right shall close on the same date as the completion of the Offering, unless otherwise agreed by the Parties, and provided that, if the Investor is prohibited by Canadian securities laws, Exchange rules or other applicable laws or rules from participating on substantially the terms and conditions of the Offering, the Company shall use commercially reasonable efforts to enable the Investor to participate on terms and conditions that are as substantially similar as circumstances permit:
Grant of Participation Right. (a) Xxxxxx agrees that, subject to Section 3.2(b) and Section 3.3, Canopy (directly or through an Affiliate) has the right (the “Participation Right”), to subscribe for and to be issued as part of an Offering at the subscription price per Offered Security pursuant to the Offering and otherwise on substantially the same terms and conditions as the Offering:
Grant of Participation Right. A. The Company shall, at least fourteen (14) days prior to any issuance by the Company of any of its securities (other than Excluded Securities) in a transaction primarily for the purpose of raising capital (a “Financing”), give written notice of such proposed issuance to MTVN (the “Participation Right Notice”). The Participation Right Notice shall describe the securities proposed to be issued by the Company and specify the number, price and payment terms. MTVN shall have the participation right, for a period of ten (10) days from such notice, to purchase, at the same price per security and on substantially the same terms and conditions (and subject to execution of substantially similar definitive documentation) as are being offered to other investors in such proposed Financing, such number of additional securities of the Company equal to an aggregate of thirty-five percent (35%) of the aggregate gross proceeds of such proposed Financing. MTVN may accept the Company’s offer as to the full number of securities offered to it or any lesser number, by delivering written notice thereof to the Company prior to the expiration of the aforesaid ten (10) day period, in which case in the event of and upon the closing of such proposed Financing, the Company shall sell, and MTVN shall purchase, at the same price per security and on the same terms and conditions (and subject to execution of substantially similar definitive documentation) as are being sold to other investors in such proposed Financing, the number of securities agreed to be purchased by MTVN in such written notice. If the Company does not receive such written notice from MTVN prior to the expiration of the aforesaid ten (10) day period, MTVN shall be deemed to have notified the Company that it does not elect to participate in such proposed Financing and the Company shall be free at any time, after the end of the aforesaid ten (10) day period and prior to sixty (60) days after the end of the aforesaid ten (10) day period, to sell to any third party or parties the number of such securities not agreed by MTVN to be purchased by it. However, if such third party sale or sales are not consummated within such sixty (60) day period, the Company shall not sell such securities as shall not have been purchased within such period without again complying with this paragraph. As used in this Agreement, “
Grant of Participation Right. Details of the Employee’s Long-Term Performance Plan award, including the value of the Employee’s target stock award (in Shares, subject to adjustment based upon the achievement of pre-established performance goals), for sales and total shareholder return for the Company are described on the screen captioned “Grants & Awards” in the Computershare website (the “Screen”). The award (the “Award”) is for the performance cycle beginning on ________, and ending on _______ (the “Performance Cycle”). No award will be paid to the Employee unless the Company achieves cumulative sales growth of at least __% at the end of the performance cycle. 2. Performance Goals. The total number of Shares that will be payable pursuant to this Award will be determined by calculating the percentage of the target Award that is earned based on growth
Grant of Participation Right. The Committee has established a target award for the Employee with a total value of $____________ (US) dollars. This award consist of a target stock award of ________shares of voting common stock of the Company subject to adjustment based upon the achievement of pre-established performance goals for sales, and a target cash award in the amount of $______ (US) dollars, subject to adjustment based on the achievement of pre-established performance goals for total shareholder return for the Company. Both of these awards are for the performance cycle beginning on December 1, 201_ and ending on November 30, 201_. No stock award will be paid to the Employee unless the Company achieves cumulative sales growth of __% at the end of the cycle. No cash award will be paid to the Employee unless the Company achieves a total shareholder return ranking at least in the __th percentile, as compared to the Company’s designated peer group companies at the end of the cycle.
Grant of Participation Right. Provided that the Investor has a right to receive an Offering Notice pursuant to Section 3.1, the Investor (directly or through an Affiliate, in which case the provisions of this Article 3 shall apply mutatis mutandis) shall have the right (the "Participation Right") to subscribe for and to be issued as part of an Offering of which the Investor has the right to receive an Offering Notice, at the offering price per Offering Security determined pursuant to Section 3.5(a), and otherwise on substantially the same terms and conditions as in the Offering:
