Common use of Revival of Right to Convert Clause in Contracts

Revival of Right to Convert. If 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 on the date on which such purchase is required to 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 tendered in acceptance of the Corporation's offer.

Appears in 4 contracts

Samples: Indenture (C21 Investments Inc.), Indenture (C21 Investments Inc.), Indenture (C21 Investments Inc.)

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Revival of Right to Convert. If the payment of the purchase price of any Debenture which has been tendered in acceptance of an offer to purchase by the Corporation Company pursuant to purchase Debentures for cancellation Section 2.1(h) is not made on the date on which such purchase is required to be made 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 Company’s offer, respectively.

Appears in 4 contracts

Samples: Convertible Debenture Indenture (Poet Technologies Inc.), Convertible Debenture Indenture (Poet Technologies Inc.), Convertible Debenture Indenture (Poet Technologies Inc.)

Revival of Right to Convert. If 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 on the date on which such purchase is required to 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 tendered in acceptance of the Corporation's ’s offer.

Appears in 3 contracts

Samples: Indenture (C21 Investments Inc.), Alliance Trust Company, webfiles.thecse.com

Revival of Right to Convert. If the payment of the purchase price of any Debenture which has been tendered in acceptance of an offer to purchase the Debentures by the Corporation pursuant to purchase Debentures for cancellation Section 2.3(12) is not made on the date on which such purchase is required to be made 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.

Appears in 1 contract

Samples: Indenture

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Revival of Right to Convert. If 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 on the date on which such purchase is required to 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 tendered in acceptance of the Corporation's ’s offer.. 4.4

Appears in 1 contract

Samples: webfiles.thecse.com

Revival of Right to Convert. If the payment of the purchase price of any Debenture which has been tendered in acceptance of an offer to purchase by the Corporation Company pursuant to purchase Debentures for cancellation Section 2.1(h) is not made on the date on which such purchase is required to be made 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 1 contract

Samples: Convertible Debenture Indenture (I-80 Gold Corp.)

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