Common use of Shareholder's Rights Clause in Contracts

Shareholder's Rights. If (i) one (1) or more Shareholders has or is deemed to have declined its right to subscribe for its Proportion of the Additional Shares, and, in the event such Additional Shares were offered to the Accepting Investor pursuant to subsection 0 and the Accepting Investor has or is deemed to have declined to exercise its right to acquire all of the Declining Investor's Shares, or (ii) if one (1) or more Shareholders has or is deemed to have declined its right to subscribe for its Proportion of the Additional Shares and subsection 0 is not applicable, then the Corporation, within five (5) days of the end of the above thirty (30) day period provided for in subsection 0 or within seven (7) days of the end of the seven (7) day period provided for in subsection 0, shall be required to offer by written notice to the Shareholder(s) who agreed to exercise its or their right under subsections 0 and 0 in connection with the initial issue of Additional Shares, to issue to such Shareholder(s), in addition to any Additional Shares such Shareholder(s) agreed to subscribe for, its or their pro rata share of the Additional Shares for which any other Shareholder(s) has, or is deemed to have, waived its or their preemptive right hereunder (collectively the "Unaccepted Additional Shares").

Shareholder's Rights. If (i) If one (1) or more Shareholders Shaxxxxlders has or is deemed to have declined its right to subscribe for its Proportion of the Additional Shares, and, in the event such Additional Shares were offered to the Accepting Investor Party pursuant to subsection 0 11.3 and the Accepting Investor has or is deemed to have Party declined to exercise its right to acquire all of the Declining InvestorParty's Shares, or (ii) if one (1) or more Shareholders has or is deemed to have declined its right to subscribe for its Proportion of the Additional Shares and subsection 0 11.3 is not applicable, then the Corporation, within five seven (57) days of the end of the above thirty (30) day period provided for in subsection 0 11.2 or within seven (7) days of the end of the seven five (75) day period provided for in subsection 011.3 hereof, as the case may be, shall be required to offer by written notice to the Shareholder(s) who agreed to exercise its or their right under subsections 0 11.1, 11.2 and 0 11.3, as the case may be, in connection with the initial issue of Additional Shares, to issue to such Shareholder(s), in addition to any the Additional Shares such Shareholder(s) agreed initially agree to subscribe for, its or their pro rata share of the Additional Shares for which any other Shareholder(s) has, or is deemed to have, waived its or their preemptive right hereunder (collectively the "Unaccepted Additional Shares"). For the purposes of the preceding, each such Shareholder's pro rata share of the Unaccepted Additional Shares shall be equal to the proportion that the number of Voting Shares held by such Shareholder is to the aggregate of all Voting Shares held by all Shareholders who agreed to exercise their right under this subsection 11.4.

Shareholder's Rights. If (i) one (1) or more Shareholders has or is deemed to have declined its right to subscribe for its Proportion of the Additional Shares, and, in the event such Additional Shares were offered to the Accepting Investor pursuant to subsection 0 5.3 and the Accepting Investor has or is deemed to have declined to exercise its right to acquire all of the Declining Investor's Shares, or (ii) if one (1) or more Shareholders has or is deemed to have declined its right to subscribe for its Proportion of the Additional Shares and subsection 0 5.3 is not applicable, then the Corporation, within five seven (57) days of the end of the above thirty (30) day period provided for in subsection 0 5.2 or within seven (7) days of the end of the last seven (7) day period provided for in subsection 05.3, shall be required to offer by written notice to the Shareholder(s) who agreed to exercise its or their right under subsections 0 5.1 and 0 5.2 in connection with the initial issue of Additional Shares, to issue to such Shareholder(s), in addition to any Additional Shares such Shareholder(s) agreed to subscribe for, its or their pro rata PRO RATA share of the Additional Shares for which any other Shareholder(s) has, or is deemed to have, waived its or their preemptive pre-emptive right hereunder (collectively the "UNACCEPTED ADDITIONAL SHARES"). For the purposes of the preceding, each such Shareholder's PRO RATA share of the Unaccepted Additional Shares")Shares shall, unless otherwise agreed to among themselves, be equal to the proportion that the number of Common Shares held by such Shareholder is to the aggregate of all the Common Shares held by all Shareholders (assuming the conversion into Common Shares of all Preferred Shares held by the Investors) who agreed to exercise their right under subsections 5.1 and 5.2 and shall take into account the Additional Shares subscribed for pursuant to subsections 5.2 and 5.3.

Shareholder's Rights. If (i) one (1) or more Shareholders has or is deemed to have declined its right to subscribe for its Proportion of the Additional Shares, and, (a) in the event such Additional Shares were offered to the Accepting Investor pursuant to subsection 0 13.3 and the Accepting Investor has or is deemed to have declined to exercise its right to acquire all of the Declining Investors' Shares, or (b) in the event such Additional Shares were offered to the Accepting Investors pursuant to subsection 13.4 and the Accepting Investors have or are deemed to have declined to exercise their rights to acquire all of the Declining Investor's Shares or the Final Accepting Investor has or is deemed to have declined to exercise its rights to acquire all of the Final Declining Investor's Shares, or (ii) if one (1) or more Shareholders has or is deemed to have declined its right to subscribe for its Proportion of the Additional Shares and subsection 0 is subsections 13.3 and 13.4 are not applicable, then the Corporation, within five (5) days of the end of the above thirty forty-five (3045) day period provided for in subsection 0 13.2 or within seven (7) days of the end of the last seven (7) day period provided for in subsection 013.3 or 13.4 hereof, as the case may be, shall be required to offer by written notice to the Shareholder(s) who agreed to exercise its or their right under subsections 0 13.1 and 0 13.2 in connection with the initial issue of Additional Shares, to issue to such Shareholder(s), in addition to any Additional Shares such Shareholder(s) agreed to subscribe for, its or their pro rata share of the Additional Shares for which any other Shareholder(s) has, or is deemed to have, waived its or their preemptive right hereunder (collectively the "Unaccepted Additional Shares"). For the purposes of the preceding, each such Shareholder's pro rata share of the Unaccepted Additional Shares shall, unless otherwise agreed to amongst themselves, be equal to the proportion that the number of Common Shares held by such Shareholder is to the aggregate of all Common Shares held by all Shareholders who agreed to exercise their right under subsections 13.1 and 13.2 and shall take into account the Additional Shares subscribed for pursuant to subsections 13.2, 13.3 and 13.4.

Shareholder's Rights. If (i) one (1) or more Shareholders has or is deemed to have declined its right option to subscribe for advance its Proportion of the Additional SharesInvestment, and, (a) in the event such Additional Shares were the Contributing Investor was offered the option to advance the Accepting Investor Non-Contributing Investors' Proportion pursuant to subsection 0 12.3 and the Accepting Contributing Investor has or is deemed to have declined to exercise such option, or (b) in the event the Contributing Investors were offered the option to advance the Non-Contributing Investor's Proportion pursuant to subsection 12.4 and the Contributing Investors have or are deemed to have declined to exercise such option or the Final Contributing Investor has or is deemed to have declined to exercise its right option to acquire all of advance the Declining Final Non-Contributing Investor's SharesProportion, or (ii) if one (1) or more Shareholders has or is deemed to have declined its right option to subscribe for advance its Proportion of the Additional Shares Investment and subsection 0 is subsections 12.3 and 12.4 are not applicable, then the Corporation, within five (5) days of the end of the above thirty fourteen (3014) day period provided for in subsection 0 12.2 or within seven five (75) days of the end of the last seven (7) day period provided for in subsection 012.3 or 12.4 hereof, as the case may be, shall be required to offer by written notice to the Shareholder(s) who agreed to exercise its or their right option under subsections 0 12.1 and 0 in connection with 12.2, the initial issue of Additional Shares, to issue to such Shareholder(s)option, in addition to any portion of the Additional Shares Investment such Shareholder(s) has agreed to subscribe foradvance, to advance its or their pro rata share of the Additional Shares Investment for which any other Shareholder(s) has, or is deemed to have, waived its or their preemptive right option hereunder (collectively the "Unaccepted Remaining Additional SharesInvestment Funds"). For the purposes of the preceding, each such Shareholder's pro rata share of the Remaining Additional Investment Funds shall be equal to the proportion that the number of Common Shares held by such Shareholder is to the aggregate of all Common Shares held by all Shareholders who agreed to exercise their option under subsections 12.1 and 12.2 and shall take into account the advances made pursuant to subsections 12.2, 12.3 and 12.4.

Shareholder's Rights. If (i) one (1) or more Shareholders has or is deemed to have declined its right to subscribe for its Proportion of the Additional Shares, and, (a) in the event such Additional Shares were offered to the Accepting Investor pursuant to subsection 0 11.3 and the Accepting Investor has or is deemed to have declined to exercise its right to acquire all of the Declining Investors' Shares, or (b) in the event such Additional Shares were offered to the Accepting Investors pursuant to subsection 11.4 and the Accepting Investors have or are deemed to have declined to exercise their rights to acquire all of the Declining Investor's Shares or the Final Accepting Investor has or is deemed to have declined to exercise its right to acquire all of the Final Declining Investor's Shares, or (ii) if one (1) or more Shareholders has or is deemed to have declined its right to subscribe for its Proportion of the Additional Shares and subsection 0 is subsections 11.3 and 11.4 are not applicable, then the Corporation, within five (5) days of the end of the above thirty forty-five (3045) day period provided for in subsection 0 11.2 or within seven (7) days of the end of the last seven (7) day period provided for in subsection 011.3 or 11.4, as the case may be, shall be required to offer by written notice to the Shareholder(s) who agreed to exercise its or their right under subsections 0 11.1 and 0 11. 2 in connection with the initial issue of Additional Shares, to issue to such Shareholder(s), in addition to any Additional Shares such Shareholder(s) agreed to subscribe for, its or their pro rata share of the Additional Shares for which any other Shareholder(s) has, or is deemed to have, waived its or their preemptive right hereunder (collectively the "Unaccepted Additional Shares"). For the purposes of the preceding, each such Shareholder's pro rata share of the Unaccepted Additional Shares shall, unless otherwise agreed to among themselves, be equal to the proportion that the number of Class A Common Shares or Class B Common Shares held by such Shareholder is to the aggregate of all the Class A Common Shares and Class B Common Shares held by all Shareholders who agreed to exercise their right under subsections 11. 1 and 11. 2 and shall take into account the Additional Shares subscribed for pursuant to subsections 11.2, 11.3 and 11.4.

Shareholder's Rights. If (i) one (1) or more Shareholders has or is deemed to have declined its right to subscribe for its Proportion of the Additional Shares, and, (a) in the event such Additional Shares were offered to the Accepting Investor pursuant to subsection 0 5.3 and the Accepting Investor has or is deemed to have declined to exercise its right to acquire all of the Declining Investors' Shares, or (b) in the event such Additional Shares were offered to the Accepting Investors pursuant to subsection 5.4 and the Accepting Investors have or are deemed to have declined to exercise their rights to acquire all of the Declining Investor's Shares or the Final Accepting Investor has or is deemed to have declined to exercise its right to acquire all of the Final Declining Investor's Shares, or (ii) if one (1) or more Shareholders has or is deemed to have declined its right to subscribe for its Proportion of the Additional Shares and subsection 0 is subsections 5.3 and 5.4 are not applicable, then the Corporation, within five seven (57) days of the end of the above thirty (30) day period provided for in subsection 0 5.2 or within seven (7) days of the end of the last seven (7) day period provided for in subsection 05.3 or 5.4, as the case may be, shall be required to offer by written notice to the Shareholder(s) who agreed to exercise its or their right under subsections 0 5.1 and 0 5.2 in connection with the initial issue of Additional Shares, to issue to such Shareholder(s), in addition to any Additional Shares such Shareholder(s) agreed to subscribe for, its or their pro rata share of the Additional Shares for which any other Shareholder(s) has, or is deemed to have, waived its or their preemptive pre-emptive right hereunder (collectively the "Unaccepted Additional Shares"). For the purposes of the preceding, each such Shareholder's pro rata share of the Unaccepted Additional Shares shall, unless otherwise agreed to among themselves, be equal to the proportion that the number of Common Shares held by such Shareholder is to the aggregate of all the Common Shares held by all Shareholders (assuming the conversion into Common Shares of all Preferred Shares held by the Investors) who agreed to exercise their right under subsections 5.1 and 5.2 and shall take into account the Additional Shares subscribed for pursuant to subsections 5.2, 5.3 and 5.4.