Proceedings Prior to Any Action Requiring Adjustment. As a condition precedent to the taking of any action which would require an adjustment in any of the acquisition rights pursuant to any of the Subscription Receipts, including the number of Underlying Shares which are to be received upon the conversion thereof, the Corporation shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Corporation or a successor corporation has unissued and reserved in its authorized capital and may validly and legally issue as fully paid and non-assessable all the Underlying Shares which the holders of such Subscription Receipts issued by it are entitled to receive on the full conversion thereof in accordance with the provisions hereof.
Appears in 2 contracts
Samples: Subscription Receipt Agreement (Integra Resources Corp.), Subscription Receipt Agreement (Integra Resources Corp.)
Proceedings Prior to Any Action Requiring Adjustment. As a condition precedent to the taking of any action which would require an adjustment in any of the acquisition rights pursuant to any of the Subscription Receipts, including the number of Underlying Shares which are to be received upon pursuant to the conversion thereofSubscription Receipts, the Corporation shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Corporation or a successor corporation has unissued and reserved in its authorized capital and may validly and legally issue as fully paid and non-assessable all the Underlying Shares shares which the holders of such Subscription Receipts issued by it are entitled to receive on the full conversion issuance thereof in accordance with the provisions hereof.
Appears in 2 contracts
Samples: Subscription Receipt Agreement, Subscription Receipt Agreement
Proceedings Prior to Any Action Requiring Adjustment. As a condition precedent to the taking of any action which would require an adjustment in any of the acquisition rights pursuant to any of the Subscription Receipts, including the number of Underlying Shares which are to be received upon on conversion of the conversion thereofSubscription Receipts, the Corporation shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Corporation or a successor corporation has unissued and reserved in its authorized capital and may validly and legally issue as fully paid and non-assessable all the Underlying Shares which the holders of such Subscription Receipts issued by it are entitled to receive on the full conversion thereof in accordance with the provisions hereof.
Appears in 1 contract
Samples: Subscription Receipt Agreement (WonderFi Technologies Inc.)
Proceedings Prior to Any Action Requiring Adjustment. As a condition precedent to the taking of any action which would require requires an adjustment in any of the acquisition rights pursuant to any of the Subscription Receipts, including the number of Underlying Shares which are to be received upon the conversion thereof, the Corporation shall take any corporate action which may, may in the its opinion of its counsel, be necessary in order that the Corporation or a any successor corporation to the Corporation has unissued reserved, allotted and reserved set aside for issuance Common Shares in its authorized capital and may validly and legally issue as fully paid and non-assessable all the Underlying Common Shares and may validly and legally deliver all other securities or property which the holders of such Subscription Receipts issued by it Receiptholders are entitled to receive on the full conversion thereof of the Subscription Receipts in accordance with the provisions hereof.
Appears in 1 contract
Proceedings Prior to Any Action Requiring Adjustment. As a condition precedent to the taking of any action which would require an adjustment in any of the acquisition rights pursuant to any of the Subscription Receipts, including the number of Underlying Shares which are to be received upon pursuant to the conversion thereofSubscription Receipts, the Corporation shall take any corporate action which may, in the opinion of its counselCounsel, be necessary in order that the Corporation or a successor corporation has unissued and reserved in its authorized capital and may validly and legally issue as fully paid and non-assessable all the Underlying Shares shares which the holders of such Subscription Receipts issued by it are entitled to receive on the full conversion issuance thereof in accordance with the provisions hereof.
Appears in 1 contract
Samples: Subscription Receipt Agreement
Proceedings Prior to Any Action Requiring Adjustment. As a condition precedent to the taking of any action which would require an adjustment in any of the acquisition rights pursuant to any of the Subscription Receipts, including the number of Underlying Shares Units which are to be received upon the conversion thereof, the Corporation Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Corporation Company or a successor corporation company has unissued and reserved in its authorized capital and may validly and legally issue as fully paid and non-assessable all the Underlying Shares shares which the holders of such Subscription Receipts issued by it are entitled to receive on the full conversion thereof in accordance with the provisions hereof.
Appears in 1 contract
Samples: Subscription Receipt Agreement (Response Biomedical Corp)
Proceedings Prior to Any Action Requiring Adjustment. As a condition precedent to the taking of any action which would require an adjustment in any of the acquisition rights pursuant to any of the Subscription Receipts, including the number of Underlying Shares which are to be received upon the conversion thereof, the Corporation shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Corporation or a successor corporation has unissued and reserved in its authorized capital and may validly and legally issue as fully paid and non-assessable all the Underlying Shares shares which the holders of such Subscription Receipts issued by it are entitled to receive on the full conversion thereof in accordance with the provisions hereof.
Appears in 1 contract
Samples: Subscription Receipt Agreement