Terms of Special Warrants. (a) Each Special Warrant created and delivered hereunder will entitle the holder thereof, upon exercise or deemed exercise, to acquire one Unit, comprised of one Underlying Share and one Underlying Warrant, subject to adjustment in the events and in the manner specified in Article 4, at any time after the Effective Date until the Expiry Time, without payment of any further consideration by the holder thereof.
(b) No fractional Special Warrants shall be issued or otherwise provided for hereunder and Special Warrants may only be exercised in a sufficient number to acquire whole numbers of Units.
(c) Each Special Warrant will entitle the holder thereof to such other rights and privileges as set forth in this Indenture.
Terms of Special Warrants. (a) Each Special Warrant created and delivered hereunder will entitle the holder thereof, upon exercise or deemed exercise, to acquire one Unit, subject to adjustment in the events and in the manner specified in Article 4, at any time after the Effective Date until the Expiry Time at no additional cost to the holder thereof.
(b) No fractional Special Warrants shall be issued or otherwise provided for hereunder and Special Warrants may only be exercised in a sufficient number to acquire whole numbers of Unit Shares and Warrants.
(c) Each Special Warrant will entitle the holder thereof to such other rights and privileges as set forth in this Indenture.
Terms of Special Warrants l 2) Subject to the provisions of Articles 5 and 6, each Special Warrant will entitle the holder thereof, upon exercise or deemed exercise at any time during the Exercise Period and without payment of any additional consideration, to be issued, subject to adjustment in accordance with Articles 7 and 8, one Unit.
Terms of Special Warrants. 8 2.3 Warrantholder not a Shareholder.....................................8 2.4 Special Warrants to Rank Pari Passu.................................8 2.7 Signing of Warrant Certificates.....................................10 2.8 Countersignature by the Trustee.....................................
Terms of Special Warrants. (a) Each Special Warrant authorized to be issued hereunder shall entitle the holder thereof to acquire, in accordance with and subject to the terms of Article 3 hereof and at no additional cost to the holder, one Debenture in the principal amount of $1,000.
(b) No fractional Special Warrants shall be issued or otherwise provided for hereunder.
Terms of Special Warrants. 14 Section 2.4 Warrant Holder not a Shareholder.....................................14 Section 2.5 Signing of Special Warrant Certificates..............................14 Section 2.6 Prohibition of Transfers of Special Warrants.........................14 Section 2.7 Issue in Substitution for Lost Special Warrant Certificates..........14 Section 2.8 Exercise of Special Warrants.........................................15 Section 2.9 Method of Exercise of Special Warrants...............................16 Section 2.10 Effect of Exercise of Special Warrants...............................16 Section 2.11 Subscription for Less than Entitlement...............................17 Section 2.12 Cancellation of Surrendered Special Warrant Certificates.............17
Terms of Special Warrants. Each Special Warrant authorized to be issued hereunder shall entitle the holder thereof to acquire the number of Underlying Securities determined in accordance with Section 2.2(a) or Section 2.2(b), without any additional consideration.
Terms of Special Warrants. (1) Subject to Subsection 2.2(2) hereof, each Special Warrant authorized to be issued hereunder will entitle the registered holder thereof, upon the exercise or deemed exercise thereof in accordance with the provisions of Article 5, and without payment of any additional consideration, to be issued one Unit comprised of one Exchangeable Share and one half of one Share Purchase Warrant.
(2) The number of Exchangeable Shares and Share Purchase Warrants issuable on exercise or deemed exercise of the Special Warrants pursuant to Subsection 2.2(1) hereof, will be adjusted in accordance with Subsection 2.2(3) and upon the occurrence of any of the events and in the manner specified in Section 5.7.
(3) In the event that the Prospectus Qualification Date does not occur on or before the Prospectus Qualification Deadline, or if the Registration Qualification Date does not occur on or before the Registration Qualification Deadline, each Special Warrant exercised after the Prospectus Qualification Deadline shall be adjusted accordingly to entitle the holders of the Special Warrants to receive instead 1.1 Units, without the payment of additional consideration.
Terms of Special Warrants. (1) Upon exercise or deemed exercise in accordance with section 3.2(3) hereof, prior to the Qualification Deadline, each Special Warrant shall entitle the Holder thereof, without payment of any further consideration and with no further action on the part of the Holder, and subject to adjustment in accordance with Article 4 hereof, to one (1)
Terms of Special Warrants. The Special Warrants shall have the attributes described in Schedule "A" hereto and shall be duly and validly created and issued in the name of the Subscriber or the Subscriber's nominee pursuant to the terms of a Special Warrant Indenture (the "SPECIAL WARRANT INDENTURE") to be entered into between the Corporation and Montreal Trust Company of Canada, as warrant agent (the "WARRANT AGENT").
