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 Issuer is not made or the payment of the purchase price of any Debenture which has been tendered pursuant to the Put Right in acceptance of an offer by the Issuer 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 Issuer’s offer, respectively.

Revival of Right to Convert. If the redemption of any Debenture called for redemption by the Issuer is not made or the payment of the purchase price of any Debenture which has been tendered pursuant to the Put Right Change of Control Offer in acceptance of an offer by the Issuer 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 Issuer’s offer, respectively.

Revival of Right to Convert. If the redemption of any Debenture called for redemption by the Issuer Company is not made or the payment of the purchase price of any Debenture which has been tendered pursuant to the Put Right in acceptance of an offer by the Issuer 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 that the Time of Expiry right to convert the Debentures has not passedterminated pursuant to Section 9.01, 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 IssuerCompany’s offer, respectively.