Proceedings Prior to Action Requiring Adjustment. (a) As a condition precedent to the taking of any action that would require an adjustment pursuant to sections 4 or 5, the Corporation shall take or cause to be taken all such action as, in the opinion of counsel of the Corporation, may be necessary in order that the Holder shall be entitled to receive, upon exercise of the Warrants, the shares or other securities or property provided for under the provisions hereof. (b) Adjustments to the Exercise Price or the number of Warrant Shares purchasable pursuant to this Warrant Certificate may be subject to the prior approval of the Exchange.
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Samples: Convertible Bond Subscription Agreement (Nouveau Monde Graphite Inc.), Convertible Security Funding Agreement (Niocorp Developments LTD), Convertible Security Funding Agreement (Niocorp Developments LTD)
Proceedings Prior to Action Requiring Adjustment. (a) As a condition precedent to the taking of any action that would require an adjustment pursuant to sections 4 or 5, the Corporation shall take or cause to be taken all such action as, in the opinion of counsel of the Corporation, may be necessary in order that the Holder shall be entitled to receive, upon exercise of the Warrants, the shares or other securities or property provided for under the provisions hereof.
(b) Adjustments to the Exercise Price or the number of Warrant Shares purchasable pursuant to this Warrant Certificate may will be subject to (if required) the prior approval of the Exchange.
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