Common use of Purchase of Debentures by the Corporation Clause in Contracts

Purchase of Debentures by the Corporation. (1) Unless otherwise specifically provided with respect to a particular series of Debentures, the Corporation may, if it is not at the time in default hereunder, at any time and from time to time, purchase Debentures in the market (which shall include purchases from or through an investment dealer or a firm holding membership on a recognized stock exchange) or by tender or by contract, at any price. All Debentures so purchased will be delivered to the Trustee and shall be cancelled and no Debentures shall be issued in substitution therefor.

Appears in 6 contracts

Samples: Indenture (Canopy Growth Corp), Convertible Debenture Indenture (Siyata Mobile Inc.), Indenture (Aurora Cannabis Inc)

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Purchase of Debentures by the Corporation. (1) Unless otherwise specifically provided with respect to a particular series of Debentures, the The Corporation may, if it is not at the time in default hereunder, at any time and from time to time, purchase Debentures in the market (which shall include purchases from or through an investment dealer or a firm holding membership on a recognized stock exchange) or by tender or by contract, at any price. All Debentures so purchased will may be delivered to the Trustee and shall be cancelled and no Debentures shall be issued in substitution therefor.

Appears in 3 contracts

Samples: Indenture (HEXO Corp.), Secured Trust Indenture, Secured Trust Indenture

Purchase of Debentures by the Corporation. (1) Unless otherwise specifically provided with respect to a particular series of Debentures, the Corporation may, if it is not at the time in default hereunder, at any time and from time to time, purchase Debentures in the market (which shall include purchases from or through an investment dealer or a firm holding membership on a recognized stock exchange) or by tender or by contract, at any price. All Debentures so purchased will may be delivered to the Trustee and shall be cancelled and no Debentures shall be issued in substitution therefor.

Appears in 1 contract

Samples: Indenture (Organigram Holdings Inc.)

Purchase of Debentures by the Corporation. (1) Unless 1)Unless otherwise specifically provided with respect to a particular series of Debentures, the Corporation may, if it is not at the time in default hereunder, at any time and from time to time, purchase Debentures in the market (which shall include purchases from or through an investment dealer or a firm holding membership on a recognized stock exchange) or by tender or by contract, at any price. All Debentures so purchased will be delivered to the Trustee and shall be cancelled and no Debentures shall be issued in substitution therefor.

Appears in 1 contract

Samples: Indenture (Vision Marine Technologies Inc.)

Purchase of Debentures by the Corporation. (1a) Unless otherwise specifically provided with respect to a particular series of Debentures, the Corporation may, if it is not at the time in default hereunder, may at any time and from time to time, purchase Debentures in the market (which shall include purchases purchase from or through an investment dealer or a firm holding membership on a recognized stock exchange) or by tender or by private contract, at any price, subject to compliance with Applicable Securities Legislation regarding issuer bids. All If an Event of Default has occurred and is continuing, the Corporation may purchase all or any of the Debentures so purchased will be delivered to the Trustee and shall be cancelled and no Debentures shall be issued in substitution thereforas aforesaid.

Appears in 1 contract

Samples: Kirkland Lake Gold Ltd.

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Purchase of Debentures by the Corporation. (1a) Unless otherwise specifically provided with respect to a particular series of Debentures, the Corporation may, if it is not at the time in default hereunder, may at any time and from time to time, purchase Debentures in the market (which shall include purchases purchase from or through an investment dealer or a firm holding membership on a recognized stock exchange) or by tender or by private contract, at any price, subject to compliance with Applicable Securities Legislation regarding issuer bids. All If an Event of Default has occurred and is continuing, the Corporation may purchase all or any of the Debentures so purchased will be delivered to the Trustee and shall be cancelled and no Debentures shall be issued in substitution thereforas aforesaid, except by private contract.

Appears in 1 contract

Samples: Trust Indenture (Wi-Lan Inc.)

Purchase of Debentures by the Corporation. (1) Unless otherwise specifically provided with respect to a particular series of Debentures, the Corporation may, if it is not at the time in default hereunder, at any time and from time to time, purchase Debentures in the market (which shall include purchases from or through an investment dealer or a firm holding membership on a recognized stock exchange) or by tender or by contract, at any price. All Debentures so purchased will be delivered to the Trustee and shall be cancelled and no Debentures shall be issued in substitution therefor.

Appears in 1 contract

Samples: Indenture (Modern Mining Technology Corp.)

Purchase of Debentures by the Corporation. (1) Unless otherwise specifically provided with respect to a particular series of Debentures, the Corporation may, if it is not at the time in default hereunder, at any time and from time to time, purchase Debentures in the market (which shall include purchases from or through an investment dealer or a firm holding membership on a recognized stock exchange) or by tender or by contract, at any price. All Debentures so purchased will be delivered to the Trustee and shall be cancelled and no Debentures shall be issued in substitution therefor.

Appears in 1 contract

Samples: Indenture

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