Common use of Optional Purchases by the Corporation Clause in Contracts

Optional Purchases by the Corporation. Subject to compliance with applicable Securities Laws and approval of applicable regulatory authorities, the Corporation may from time to time purchase by private contract or otherwise any of the Warrants. Any such purchase shall be made at the lowest price or prices at which, in the opinion of the Directors, such Warrants are then obtainable, plus reasonable costs of purchase, and may be made in such manner, from such persons and on such other terms as the Corporation, in its sole discretion, may determine. In the case of Certificated Warrants, Warrant Certificates representing the Warrants purchased pursuant to this Section 5.1 shall forthwith be delivered to and cancelled by the Warrant Agent and reflected accordingly on the register of Warrants. No Warrants shall be issued in replacement thereof.

Appears in 1 contract

Samples: Warrant Indenture

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Optional Purchases by the Corporation. Subject to compliance with applicable Securities Laws securities legislation and approval of applicable regulatory authorities, if any, the Corporation may from time to time purchase by private contract or otherwise any of the Warrants. Any such purchase shall be made at the lowest price or prices at which, in the opinion of the Directorsdirectors, such Warrants are then obtainable, plus reasonable costs of purchase, and may be made in such manner, from such persons and on such other terms as the Corporation, in its sole discretion, may determine. In the case of Certificated Warrants, Warrant Certificates representing the Warrants purchased pursuant to this this Section 5.1 shall forthwith be delivered to and cancelled by the Warrant Agent and reflected accordingly on the register of Warrants. No Warrants shall be issued in replacement thereof.

Appears in 1 contract

Samples: Warrant Indenture

Optional Purchases by the Corporation. Subject to compliance with applicable Securities Laws securities legislation and approval of applicable regulatory authorities, the Corporation may from time to time purchase , by invitation for tender, in the open market, by private contract or otherwise any of the WarrantsWarrants then outstanding. Any such purchase shall be made at the lowest price or prices at which, in the opinion of the Directors, such Warrants are then obtainable, plus reasonable costs of purchase, and may be made in such manner, from such persons and on such other terms as the Corporation, in its sole discretion, may determine. In the case of Certificated Warrants, Warrant Certificates representing the Warrants purchased pursuant to this Section 5.1 shall forthwith be delivered to and cancelled by the Warrant Agent Agent. In the case of Uncertificated Warrants, the Warrants purchased pursuant to this Section 5.1 shall be cancelled and reflected accordingly on in accordance with Applicable Procedures prescribed by the register of WarrantsDepository under the book entry registration system. No Warrants shall be issued in replacement thereof.

Appears in 1 contract

Samples: Warrant Indenture (Canadian Zinc Corp)

Optional Purchases by the Corporation. Subject to compliance with applicable Securities Laws securities legislation and approval of applicable regulatory authorities, if any, the Corporation may from time to time purchase by private contract or otherwise any of the Warrants. Any such purchase shall be made at the lowest price or prices at which, in the opinion of the Board of Directors, such Warrants are then obtainable, plus reasonable costs of purchase, and may be made in such manner, from such persons and on such other terms as the Corporation, in its sole discretion, may determine. In the case of Certificated Warrants, Warrant Certificates Warrants representing the Warrants purchased pursuant to this Section 5.1 shall forthwith be delivered to and cancelled by the Warrant Agent Trustee and reflected accordingly on the register of Warrants. No Warrants shall be issued in replacement thereof.

Appears in 1 contract

Samples: Warrant Indenture (C21 Investments Inc.)

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Optional Purchases by the Corporation. Subject to compliance with applicable Securities Laws securities legislation and approval the receipt of any necessary approvals of applicable regulatory authorities, the Corporation may from time to time purchase purchase, by private contract or otherwise otherwise, any of the Warrants. Any such purchase shall be made at the lowest price or prices at which, in the opinion of the Directorsdirectors of the Corporation, such Warrants are then obtainable, plus reasonable costs of purchase, and may be made in such manner, from such persons and on such other terms as the Corporation, in its sole discretion, may determine. In the case of Certificated Warrants, Any Warrant Certificates representing the Warrants purchased pursuant to this Section 5.1 shall forthwith be delivered to and cancelled by the Warrant Agent and reflected accordingly on the register of WarrantsAgent. No Warrants shall be issued in replacement thereof.

Appears in 1 contract

Samples: Warrant Indenture (Champion Communication Services Inc)

Optional Purchases by the Corporation. Subject to compliance with applicable Securities Laws securities legislation and approval of applicable regulatory authorities, the Corporation may from time to time purchase on any stock exchange, in the open market, by private contract or otherwise otherwise, any of the Warrants. Any such purchase shall be made at the lowest price or prices at which, in the opinion of the Directorsdirectors, such Warrants are then obtainable, plus reasonable costs of purchase, and may be made in such manner, from such persons and on such other terms as the Corporation, in its sole discretion, may determine. In the case of Certificated Warrants, any Warrant Certificates representing the Warrants purchased pursuant to this Section 5.1 shall forthwith be delivered to and cancelled by the Warrant Agent and reflected accordingly on the register of WarrantsAgent. No Warrants shall be issued in replacement thereof.thereof.β€Œ

Appears in 1 contract

Samples: Warrant Indenture

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