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 other provisions of this Section 4.9 and applicable regulatory approval, the Corporation may, at its option, in exchange for or in lieu of paying all or any portion of the principal amount of the Debentures outstanding in money, elect to satisfy its obligation to repay all or any portion of the principal amount of the Debentures outstanding by issuing and delivering to holders on the Maturity Date, for each $1,000 due, that number of Freely Tradeable Common Shares obtained by dividing $1,000 by 95% of the Current Market Price of the Common Shares (the “Common Share Repayment Right”) on the Maturity Date.

Right to Repay Principal Amount in Common Shares. (a) Subject to the other provisions of this Section 4.9 and applicable regulatory approval4.10, the Corporation may, at its option, in exchange for or in lieu of paying all or any portion of the principal amount of the Debentures outstanding 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 date of maturity of such Debentures (the "Maturity Date, for each $1,000 due, ") that number of Freely Tradeable Common Shares obtained by dividing the $1,000 principal amount of the Debentures by 95% of the then Current Market Price of the Common Shares on the Maturity Date (the “Common "Share Repayment Right”) on the Maturity Date").

Right to Repay Principal Amount in Common Shares. (a) Subject to the other provisions of this Section 4.9 4.10 and to applicable regulatory approval, the Corporation may, at its option, in exchange for or in lieu of paying all or any portion of the principal amount of the Debentures outstanding in money, elect to satisfy its obligation to repay all or any portion of the principal amount of the Debentures outstanding by issuing and delivering to holders on the Maturity Date, for each $1,000 due, Date that number of Freely Tradeable Common Shares obtained by dividing $1,000 the principal amount of the Debentures by 95% of the Current Market Price of the Common Shares (the “"Common Share Repayment Right”") on the Maturity Date.