Common use of Right to Repay Principal Amount in Common Shares Clause in Contracts

Right to Repay Principal Amount in Common Shares. (a) Subject to the receipt of any required regulatory and stock exchange approvals and the other provisions of this Section 4.10, the Corporation may, at its option, in exchange for or in lieu of repaying the Debentures in money, elect to satisfy its obligation to repay the principal amount of all or any portion of the principal amount of the Debentures outstanding, by issuing and delivering to holders on the Maturity Date of such Debentures that number of Freely Tradeable Common Shares obtained by dividing the principal amount of the Debentures (or applicable portion thereof to be satisfied by the issuance and delivery of Freely Tradeable Common Shares) by 95% of the then Current Market Price of the Common Shares on the Maturity Date (the “Common Share Repayment Right”); provided that all accrued and unpaid interest thereon shall be payable to the holder in cash.

Right to Repay Principal Amount in Common Shares. (a) Subject to the receipt of any required regulatory and stock exchange approvals approvals, the provisions governing any series of Debentures and the other provisions of this Section 4.10, the Corporation may, at its option, in exchange for or in lieu of repaying the Debentures in money, elect to satisfy its obligation to repay the principal amount of all or any portion of the principal amount of the Debentures outstanding, by issuing and delivering to holders on the Maturity Date of such Debentures that number of Freely Tradeable Tradable Common Shares obtained by dividing the principal amount of the Debentures (or applicable portion thereof to be satisfied by the issuance and delivery of Freely Tradeable Tradable Common Shares) by 95% of the then Current Market Price of the Common Shares on the Maturity Date (the “"Common Share Repayment Right”"); provided that all accrued and unpaid interest thereon shall be payable to the holder in cash.

Right to Repay Principal Amount in Common Shares. (a) Subject to the receipt of any required regulatory and and/or stock exchange approvals approvals, the provisions governing any series of Debentures and the other provisions of this Section 4.10, the Corporation may, at its option, in exchange for or in lieu of repaying the Debentures in money, elect to satisfy its obligation to repay the principal amount of all or any portion of the principal amount of the Debentures outstanding, by issuing and delivering to holders on the Maturity Date of such Debentures that number of Freely Tradeable Tradable Common Shares obtained by dividing the relevant portion of the principal amount of the Debentures (or applicable portion thereof to be satisfied by the issuance and delivery of Freely Tradeable Tradable Common Shares) by 95% of the then Current Market Price of the Common Shares on the Maturity Date (the “"Common Share Repayment Right”"); provided that all accrued and unpaid interest thereon shall be payable to the holder in cash.