Notification of Rights Agent. Whenever an adjustment to the Exercise Price or a change in the securities purchasable upon exercise of the Rights is made at any time after the Separation Time pursuant to this Section 2.3, the Corporation shall promptly: (i) file with the Rights Agent and with the transfer agent for the Common Shares a certificate specifying the particulars of such adjustment or change; and (ii) cause notice of the particulars of such adjustment or change to be given to the holders of the Rights; provided that failure to file such certificate or cause such notice to be given as aforesaid, or any defect therein, shall not affect the validity of any such adjustment or change.
Appears in 5 contracts
Samples: Shareholder Rights Plan Agreement, Shareholder Rights Plan Agreement (Novagold Resources Inc), Shareholder Rights Plan Agreement (Catalyst Paper Corp)