Common use of Revival of Right to Convert Clause in Contracts

Revival of Right to Convert. If the redemption of any Debenture called for redemption by the Corporation is not made or the payment of the purchase price of any Debenture which has been tendered in acceptance of an offer by the Corporation to purchase Debentures for cancellation is not made, in the case of a redemption upon due surrender of such Debenture or in the case of a purchase on the date on which such purchase is required to be made, as the case may be, then, provided the Time of Expiry has not passed, the right to convert such Debentures shall revive and continue as if such Debenture had not been called for redemption or tendered in acceptance of the Corporation’s offer, respectively.

Appears in 35 contracts

Samples: Indenture (Canopy Growth Corp), Convertible Debenture Indenture (Siyata Mobile Inc.), Indenture (Organigram Holdings Inc.)

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Revival of Right to Convert. If the redemption of any Debenture called for redemption by the Corporation is not made or the payment of the purchase price of any Debenture which has been tendered in acceptance of an offer by the Corporation to purchase Debentures for cancellation is not made, in the case of a redemption upon due surrender of such Debenture or in the case of a purchase on the date on which such purchase is required to be made, as the case may be, then, provided the Time of Expiry has not passed, the right to convert such Debentures shall revive and continue as if such Debenture had not been called for redemption or tendered in acceptance of the Corporation’s 's offer, respectively.

Appears in 11 contracts

Samples: Debenture Indenture (Bellatrix Exploration Ltd.), Trust Indenture, Convertible Debenture Indenture (Energy Fuels Inc)

Revival of Right to Convert. If the redemption of any Debenture called for redemption by the Corporation is not made or the payment of the purchase price of any Debenture which has been tendered in acceptance of an offer by the Corporation to purchase Debentures for cancellation is not made, in the case of a redemption upon due surrender of such Debenture or in the case of a purchase on the date on which such purchase is required to be made, as the case may be, then, provided the Time of Expiry has not passed, then the right to convert such Debentures shall revive and continue as if such Debenture had not been called for redemption or tendered in acceptance of the Corporation’s offer, respectively.

Appears in 9 contracts

Samples: Indenture (NexGen Energy Ltd.), Indenture (NexGen Energy Ltd.), Trust Indenture (NexGen Energy Ltd.)

Revival of Right to Convert. If the redemption of any Debenture called for redemption by the Corporation Trust is not made or the payment of the purchase price of any Debenture which has been tendered in acceptance of an offer by the Corporation Trust to purchase Debentures for cancellation is not made, in the case of a redemption upon due surrender of such Debenture or in the case of a purchase on the date on which such purchase is required to be made, as the case may be, then, provided the Time of Expiry has not passed, the right to convert such Debentures shall revive and continue as if such Debenture had not been called for redemption or tendered in acceptance of the Corporation’s Trust's offer, respectively.

Appears in 5 contracts

Samples: Paramount Energy Trust (Perpetual Energy Inc.), Trust Indenture (Penn West Energy Trust), Trust Indenture (Penn West Energy Trust)

Revival of Right to Convert. If the redemption of any Debenture called for redemption by the Corporation is not made or the payment of the purchase price of any Debenture which has been tendered in acceptance of an offer by the Corporation to purchase Debentures for cancellation is not made, in the case of a redemption upon due surrender of such Debenture or in the case of a purchase on the date on which such purchase is required to be made, as the case may be, then, provided the Time of Expiry has not passed, then the right to convert such Debentures shall revive and continue as if such Debenture had not been called for redemption or tendered in acceptance of the Corporation’s 's offer, respectively.

Appears in 4 contracts

Samples: NexGen Energy Ltd., Convertible Debenture Indenture (Crailar Technologies Inc), Convertible Debenture Indenture (Crailar Technologies Inc)

Revival of Right to Convert. If the redemption of any Debenture called for redemption by the Corporation Company is not made or the payment of the purchase price of any Debenture which has been tendered in acceptance of an offer by the Corporation Company to purchase Debentures for cancellation is not made, in the case of a redemption upon due surrender of such Debenture or in the case of a purchase on the date on which such purchase is required to be made, as the case may be, then, provided the Time of Expiry has not passed, the right to convert such Debentures shall revive and continue as if such Debenture had not been called for redemption or tendered in acceptance of the CorporationCompany’s offer, respectively.

Appears in 4 contracts

Samples: Convertible Debenture Indenture, Indenture, Trust Indenture (Canadian Satellite Radio Holdings Inc.)

Revival of Right to Convert. If the redemption of any Debenture Note called for redemption by the Corporation is not made or the payment of the purchase price of any Debenture Note which has been tendered in acceptance of an offer by the Corporation to purchase Debentures Notes for cancellation is not made, in the case of a redemption upon due surrender of such Debenture Note or in the case of a purchase on the date on which such purchase is required to be made, as the case may be, then, provided the Time of Expiry has not passed, the right to convert such Debentures Notes shall revive and continue as if such Debenture Note had not been called for redemption or tendered in acceptance of the Corporation’s offer, respectively.

Appears in 2 contracts

Samples: Trust Indenture (Theratechnologies Inc.), Indenture (Terrace Energy Corp)

Revival of Right to Convert. If the redemption of any Debenture called for redemption by the Corporation Trust is not made or the payment of the purchase price of any Debenture which has been tendered in acceptance of an offer by the Corporation Trust to purchase Debentures for cancellation is not made, in the case of a redemption upon due surrender of such Debenture or in the case of a purchase on the date on which such purchase is required to be made, as the case may be, then, provided the Time of Expiry has not passed, the right to convert such Debentures shall revive and continue as if such Debenture had not been called for redemption or tendered in acceptance of the CorporationTrust’s offer, respectively.

Appears in 2 contracts

Samples: Trust Indenture (Pengrowth Energy Trust), Trust Indenture (Canetic Resources Trust)

Revival of Right to Convert. If the redemption of any Debenture called for redemption by the Corporation is not made or the payment of the purchase price of any Debenture which has been tendered in acceptance of an offer by the Corporation to purchase Debentures for cancellation is not made, in the case of a redemption upon due surrender of such Debenture or in the case of a purchase on the date on which such purchase is required to be made, as the case may be, then, provided the Time of Expiry has not passed, the right to convert such Debentures shall will revive and continue as if such Debenture had not been called for redemption or tendered in acceptance of the Corporation’s offer, respectively.

Appears in 2 contracts

Samples: Trust Indenture (IntelGenx Technologies Corp.), Trust Indenture (IntelGenx Technologies Corp.)

Revival of Right to Convert. If the redemption of any Debenture called for redemption by the Corporation is not made or the payment of the purchase price of any Debenture which has been tendered in acceptance of an offer by the Corporation to purchase Debentures for cancellation is not made, in the case of a redemption upon due surrender of such Debenture or in the case of a purchase on the date on which such purchase is required to be made, as the case may be, then, provided the Time of Expiry has not passed, the right to convert such Debentures Debenture shall revive and continue as if such Debenture had not been called for redemption or tendered in acceptance of the Corporation’s 's offer, respectively.

Appears in 1 contract

Samples: Indenture (PENGROWTH ENERGY Corp)

Revival of Right to Convert. If the redemption of any Debenture Debentures called for redemption by the Corporation Company is not made or the payment of the purchase price of any Debenture Debentures which has been tendered in acceptance of an any offer by the Corporation Company to purchase Debentures for cancellation is not made, in the case of a redemption upon due surrender of such Debenture Debentures or in the case of a purchase on the date on which such purchase is required to be made, as the case may be, then, provided the Time of Expiry has not passed, the right to convert such Debentures shall revive and continue as if such Debenture Debentures had not been called for redemption or tendered in acceptance of the CorporationCompany’s offer, respectively.

Appears in 1 contract

Samples: Trust Indenture (Timberwest Forest Corp)

Revival of Right to Convert. If the redemption of any Debenture called for redemption by the Corporation is not made or the payment of the purchase price of any Debenture which has been tendered in acceptance of an offer by the Corporation to purchase Debentures for cancellation is not made, in the case of a redemption upon due surrender of such Debenture or in the case of a purchase on the date on which such purchase is required to be made, as the case may be, then, provided the Time of Expiry has not passed, the right to convert such Debentures shall revive and continue as if such Debenture had not been called for redemption or tendered in acceptance of the Corporation’s 's offer, respectively.

Appears in 1 contract

Samples: Trust Indenture

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Revival of Right to Convert. 4.2 If payment of the redemption of any Debenture called for redemption by the Corporation is not made price or the payment of the purchase price of any Debenture which has been called for redemption or tendered in acceptance of an offer by the Corporation to purchase Debentures for cancellation is not made, in the case of a redemption upon due surrender of such Debenture or in the case of a purchase on the date on which such purchase is required to be made, as the case may be, then, provided the Time of Expiry has not passed, the right to convert such Debentures Debenture shall revive and continue as if such Debenture had not been called for redemption or tendered in acceptance of the Corporation’s offer, respectively.

Appears in 1 contract

Samples: Indenture (Poly-Pacific International Inc.)

Revival of Right to Convert. If the redemption of any Debenture called for redemption by the Corporation is not made or the payment of the purchase price of any Debenture which has been tendered in acceptance of an offer by the Corporation to purchase Debentures for cancellation is not made, in the case of a redemption upon due surrender of such Debenture or in the case of a purchase on the date on which such purchase is required to be made, as the case may be, then, provided the Time of Expiry has not passed, the right to convert such Debentures shall will revive and continue as if such Debenture had not been called for redemption or tendered in acceptance of the Corporation’s offer, respectively.

Appears in 1 contract

Samples: Trust Indenture (Boralex Inc.)

Revival of Right to Convert. If the redemption of any Debenture called for redemption by the Corporation REIT is not made or the payment of the purchase price of any Debenture which has been tendered in acceptance of an offer by the Corporation REIT to purchase Debentures for cancellation is not made, in the case of a redemption upon due surrender of such Debenture or in the case of a purchase on the date on which such purchase is required to be made, as the case may be, then, provided the Time of Expiry has not passed, the right to convert such Debentures shall will revive and continue as if such Debenture had not been called for redemption or tendered in acceptance of the CorporationREIT’s offer, respectively.

Appears in 1 contract

Samples: Trust Indenture

Revival of Right to Convert. If the redemption of any Debenture called for redemption by the Corporation Trust is not made or the payment of the purchase price of any Debenture which has been tendered in acceptance of an offer by the Corporation Trust to purchase Debentures for cancellation is not made, in the case of a redemption upon due surrender of such Debenture or in the case of a purchase on the date on which such purchase is required to be made, as the case may be, then, provided the last Time of Expiry has not passed, the right to convert such Debentures shall revive and continue as if such Debenture had not been called for redemption or tendered in acceptance of the Corporation’s Trust's offer, respectively.

Appears in 1 contract

Samples: Harvest Energy Trust

Revival of Right to Convert. If the redemption of any Debenture called for redemption by the Corporation is not note made or the payment of the purchase price of any Debenture which has been tendered in acceptance of an offer by the Corporation to purchase Debentures for cancellation is not made, in the case of a redemption upon due surrender of such Debenture or in the case of a purchase on the date on which such purchase is required to be made, as the case may be, made then, provided the Time of Expiry has not passed, the right to convert such Debentures shall revive and continue as if such Debenture had not been called for redemption or tendered in acceptance of the Corporation’s offer, respectively.

Appears in 1 contract

Samples: Odyssey Trust Company

Revival of Right to Convert. If the redemption of any Debenture called for redemption by the Corporation upon a Change of Control is not made or the payment of the purchase price of any Debenture which has been tendered in acceptance of an offer by the Corporation to purchase Debentures for cancellation is not made, in the case of a redemption upon due surrender of such Debenture or in the case of a purchase on the date on which such purchase is required to be made, as the case may be, then, provided the Time of Expiry has not passed, the right to convert such Debentures shall revive and continue as if such Debenture had not been called for redemption or tendered in acceptance of the Corporation’s offer, respectively.

Appears in 1 contract

Samples: Secured Trust Indenture

Revival of Right to Convert. If payment of the redemption of any Debenture called for redemption by the Corporation is not made price or the payment of the purchase price of any Debenture which has been called for redemption or tendered in acceptance of an offer by the Corporation to purchase Debentures for cancellation is not made, in the case of a redemption upon due surrender of such Debenture or in the case of a purchase on the date on which such purchase is required to be made, as the case may be, then, provided the Time of Expiry has not passed, then the right to convert such Debentures Debenture shall revive and continue as if such Debenture had not been called for redemption or tendered in acceptance of the Corporation’s 's offer, respectively.

Appears in 1 contract

Samples: Trust Indenture (American Natural Energy Corp)

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