Common use of Redemption of Holders of Voting Shares Clause in Contracts

Redemption of Holders of Voting Shares. Until the occurrence of a Flip-in Event as to which the application of Section 3.1 has not been waived pursuant to Section 5.2 and provided that the provisions of Subsection 5.2(c) are not applicable to such Flip-in Event, the Board of Directors may elect to redeem all but not less than all of the then outstanding Rights at a redemption price of $0.00001 per Right, appropriately adjusted in a manner analogous to the applicable adjustment provided for in Section 2.3 if an event of a type analogous to any of the events described in Section 2.3 shall have occurred (such redemption price being herein referred to as the "Redemption Price").

Appears in 7 contracts

Samples: Shareholder Rights Plan Agreement, Shareholder Rights Plan Agreement (Pacific Rim Mining Corp), Shareholder Rights Plan Agreement (Western Copper & Gold Corp)

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Redemption of Holders of Voting Shares. Until the occurrence of a Flip-in Event as to which the application of Section 3.1 has not been waived pursuant to Section 5.2 and provided that the provisions of Subsection 5.2(c) are not applicable to such Flip-in Event, the Board of Directors may elect to redeem all but not less than all of the then outstanding Rights at a redemption price of $0.00001 0.0001 per Right, appropriately adjusted in a manner analogous to the applicable adjustment provided for in Section 2.3 if an event of a type analogous to any of the events described in Section 2.3 shall have occurred (such redemption price being herein referred to as the "Redemption Price").

Appears in 5 contracts

Samples: Shareholder Rights Plan Agreement (Nevsun Resources LTD), Shareholder Rights Plan Agreement (Mag Silver Corp), Shareholder Rights Plan Agreement (Jaguar Mining Inc)

Redemption of Holders of Voting Shares. Until the occurrence of a Flip-in Event as to which the application of Section section 3.1 has not been waived pursuant to Section section 5.2 and provided that the provisions of Subsection subsection 5.2(c) are not applicable to such Flip-in Event, the Board of Directors may elect to redeem all but not less than all of the then outstanding Rights at a redemption price of $0.00001 per Right, appropriately adjusted in a manner analogous to the applicable adjustment provided for in Section section 2.3 if an event of a type analogous to any of the events described in Section section 2.3 shall have occurred (such redemption price being herein referred to as the "Redemption Price").

Appears in 4 contracts

Samples: Shareholder Rights Plan Agreement (Platinum Group Metals LTD), Shareholder Rights Plan Agreement (Extorre Gold Mines LTD), Shareholder Rights Plan Agreement (Olympus Pacific Minerals Inc)

Redemption of Holders of Voting Shares. Until the occurrence of a Flip-in Event as to which the application of Section 3.1 has not been waived pursuant to Section 5.2 and provided that the provisions of Subsection 5.2(c) are not applicable to such Flip-in Event, the Board of Directors may elect to redeem all but not less than all of the then outstanding Rights at a redemption price of $0.00001 per Right, rounded down to nearest whole cent for each Holder of Rights and appropriately adjusted in a manner analogous to the applicable adjustment provided for in Section 2.3 if an event of a type analogous to any of the events described in Section 2.3 shall have occurred (such redemption price being herein referred to as the "Redemption Price").

Appears in 3 contracts

Samples: Shareholder Rights Plan Agreement (Augusta Resource CORP), Shareholder Rights Plan Agreement (Jaguar Mining Inc), Shareholder Rights Plan Agreement

Redemption of Holders of Voting Shares. Until the occurrence of a Flip-in Event as to which the application of Section 3.1 has not been waived pursuant to Section 5.2 and provided that the provisions of Subsection 5.2(c) are not applicable to such Flip-in Event5.2, the Board of Directors may elect to redeem all but not less than all of the then outstanding Rights at a redemption price of $0.00001 per Right, rounded down to the nearest whole cent for each Holder of Rights and appropriately adjusted in a manner analogous to the applicable adjustment provided for in Section 2.3 if an event of a type analogous to any of the events described in Section 2.3 shall have occurred (such redemption price being herein referred to as the "Redemption Price").

Appears in 2 contracts

Samples: Shareholder Rights Plan Agreement (Crystallex International Corp), Shareholder Rights Plan Agreement

Redemption of Holders of Voting Shares. Until the occurrence of a Flip-in Event as to which the application of Section 3.1 section has not been waived pursuant to Section section 5.2 and provided that the provisions of Subsection 5.2(c) subsection are not applicable to such Flip-in Event, the Board of Directors may elect to redeem all but not less than all of the then outstanding Rights at a redemption price of $0.00001 per Right, appropriately adjusted in a manner analogous to the applicable adjustment provided for in Section 2.3 section if an event of a type analogous to any of the events described in Section 2.3 section shall have occurred (such redemption price being herein referred to as the "Redemption Price").

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement (Cumberland Resources LTD)

Redemption of Holders of Voting Shares. Until the occurrence of a Flip-in Event as to which the application of Section 3.1 has not been waived pursuant to Section 5.2 and provided that the provisions of Subsection 5.2(c) are not applicable to such Flip-in Event, the Board of Directors may elect to redeem all but not less than all of the then outstanding Rights at a redemption price of $0.00001 per Right, rounded down to nearest whole cent for each Holder of Rights and appropriately adjusted in a manner analogous to the applicable adjustment provided for in Section 2.3 if an event of a type analogous to any of the events described in Section 2.3 shall have occurred (such redemption price being herein referred to as the "Redemption Price").

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement

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Redemption of Holders of Voting Shares. Until the occurrence of a Flip-in Event as to which the application of Section 3.1 has not been waived pursuant to Section 5.2 and provided that the provisions of Subsection 5.2(c) are not applicable to such Flip-in Event, the Board of Directors may elect to redeem all but not less than all of the then outstanding Rights at a redemption price of $0.00001 per Right, appropriately adjusted in a manner analogous to the applicable adjustment provided for in Section 2.3 if an event of a type analogous to any of the events described in Section 2.3 shall have occurred (such redemption price being herein referred to as the "Redemption Price").

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement

Redemption of Holders of Voting Shares. Until the occurrence of a Flip-in Event as to which the application of Section 3.1 has not been waived pursuant to Section 5.2 and provided that the provisions of Subsection 5.2(c) are not applicable to such Flip-in Event, the Board of Directors may elect (subject to the prior consent or approval of a majority of the holders of the Voting Shares) to redeem all but not less than all of the then outstanding Rights at a redemption price of $0.00001 per Right, appropriately adjusted in a manner analogous to the applicable adjustment provided for in Section 2.3 if an event of a type analogous to any of the events described in Section 2.3 shall have occurred (such redemption price being herein referred to as the "Redemption Price").

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement (Mercator Minerals LTD)

Redemption of Holders of Voting Shares. Until the occurrence of a Flip-in Event as to which the application of Section 3.1 has not been waived pursuant to Section 5.2 and provided that the provisions of Subsection 5.2(c) are not applicable to such Flip-in Event, the Board of Directors may elect to redeem all but not less than all of the then outstanding Rights at a redemption price of $0.00001 0.0001 per Right, appropriately adjusted in a manner analogous to the applicable adjustment provided for in is Section 2.3 if an event of a type analogous to any of the events described in Section 2.3 shall have occurred (such redemption price being herein referred to as the "Redemption Price").

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement (Keegan Resources Inc.)

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