Common use of Grant of Participation Right Clause in Contracts

Grant of Participation Right. The Corporation agrees that, subject to Sections 3.5 and 3.6 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 and otherwise on substantially the terms and conditions of the Offering: (a) in the case of an Offering of Common Shares, up to such number of Common Shares that will allow the Investor to maintain its Participation Right Entitlement upon completion of the Offering; and (b) in the case of an Offering of Offered Securities (other than Common Shares), up to such number of Offered Securities that will (assuming conversion, exercise or exchange of all of the convertible, exercisable or exchangeable Offered Securities issued in connection with the Offering and issuable pursuant to this Section 3.2) allow the Investor to maintain its Participation Right Entitlement upon completion of the Offering.

Grant of Participation Right. The Corporation agrees that, subject to Sections 3.5 and 3.6 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 and otherwise on substantially the terms and conditions of the Offering: (a) in the case of an Offering of Common Shares, up to such number of Common Shares that will shall allow the Investor to maintain its Participation Right Entitlement upon completion of the Offering; and (b) in the case of an Offering of Offered Securities (other than Common Shares), up to such number of Offered Securities that will shall (assuming conversion, exercise or exchange of all of the convertible, exercisable or exchangeable Offered Securities issued in connection with the Offering and issuable pursuant to this Section 3.2) allow the Investor to maintain its Participation Right Entitlement upon completion of the Offering.

Grant of Participation Right. The Corporation agrees that, subject to Sections 3.5 3.4(a) and 3.6 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 and otherwise on substantially the terms and conditions of the Offering: (a) in the case of an Offering of Common Shares, up to such number of Common Shares that will allow the Investor to maintain its Participation Right Entitlement upon completion of the Offering; and (b) in the case of an Offering of Offered Securities (other than Common Shares), up to such number of Offered Securities that will (assuming conversion, exercise or exchange of all of the convertible, exercisable or exchangeable Offered Securities issued in connection with the Offering and issuable pursuant to this Section 3.2) allow the Investor to maintain its Participation Right Entitlement upon completion of the Offering.

Grant of Participation Right. The Corporation agrees that, subject to Sections 3.5 and 3.6 Section 4.5 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 and otherwise on substantially the terms and conditions of the Offering: (a) in the case of an Offering of Common Shares, up to such number of Common Shares that will allow the Investor to maintain its Participation Right Percentage Entitlement upon completion of the Offering; and (b) in the case of an Offering of Offered Securities (other than Common Shares), up to such number of Offered Securities that will (assuming conversion, exercise or exchange of all of the convertible, exercisable or exchangeable Offered Securities issued in connection with the Offering and issuable pursuant to this Section 3.24.2) allow the Investor to maintain its Participation Right Percentage Entitlement upon completion of the Offering.