Common use of No Adjustment for Certain Transactions Clause in Contracts

No Adjustment for Certain Transactions. Notwithstanding anything in this Article 4, no adjustment shall be made in the acquisition rights attached to the Warrants if the issue of Common Shares is being made pursuant to this Indenture or in connection with: (a) any share incentive plan or restricted share plan or share purchase plan in force from time to time for directors, officers, employees, consultants or other service providers of the Company; (b) the satisfaction of existing instruments issued at the date hereof; (c) payment of Dividends in the ordinary course; or (d) the issuance of Common Shares for consideration pursuant to transactions in the ordinary course at a price per Common Share equal to a price no less than the price calculated using the maximum discount then permitted by the CSE.

Appears in 3 contracts

Samples: Warrant Indenture (IM Cannabis Corp.), Warrant Indenture (IM Cannabis Corp.), Warrant Indenture (IM Cannabis Corp.)

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No Adjustment for Certain Transactions. Notwithstanding anything in this Article 4, no adjustment shall be made in the acquisition rights attached to the Warrants if the issue of Common Shares is being made pursuant to this Indenture or in connection with: (a) any share incentive plan or restricted share plan or share purchase plan in force from time to time for directors, officers, employees, consultants or other service providers of the CompanyCorporation; (b) the satisfaction of existing instruments issued at the date hereof; (c) payment of Dividends in the ordinary course; or (d) the issuance of Common Shares for consideration pursuant to transactions in the ordinary course at a price per Common Share equal to a price no less than the price calculated using the maximum discount then permitted by the CSE.

Appears in 2 contracts

Samples: Warrant Indenture, Warrant Indenture

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No Adjustment for Certain Transactions. Notwithstanding anything in this Article 46, no adjustment shall be made in the acquisition rights attached to the Warrants Debentures if the issue of Common Shares or Warrants is being made pursuant to this Indenture or in connection with: (a) any share incentive plan or restricted share plan or share purchase plan in force from time to time for directors, officers, employees, consultants or other service providers of the Company; (b) the satisfaction of existing instruments issued at the date hereof; (c) payment of Dividends dividends in the ordinary course; or (d) the issuance of Common Shares for consideration pursuant to transactions in the ordinary course at a price per Common Share equal to a price no less than the price calculated using the maximum discount then permitted by the CSE.

Appears in 1 contract

Samples: Indenture

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