Common use of Voluntary Adjustment by the Corporation Clause in Contracts

Voluntary Adjustment by the Corporation. Subject to requisite Exchange approval, the Corporation may, at its option, at any time prior to the Expiry Time, reduce the then current Exercise Price to any amount deemed appropriate by the board of directors of the Corporation.

Appears in 3 contracts

Samples: Investment Agreement, Investment Agreement, Investment Agreement

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Voluntary Adjustment by the Corporation. Subject to requisite Exchange approval, the Corporation may, at its option, at any time prior to during the Expiry Timeterm of the Warrants, reduce (but never increase) the then current Exercise Price to any amount deemed appropriate by the board of directors of the Corporation.

Appears in 1 contract

Samples: Share Purchase Agreement

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Voluntary Adjustment by the Corporation. Subject to requisite Exchange approval, the Corporation may, at its option, at any time prior to during the Expiry Timeterm of the Warrants, reduce the then current Exercise Price to any amount deemed appropriate by the board Board of directors Directors of the Corporation.

Appears in 1 contract

Samples: Preferred Share Unit Purchase Agreement (Canadian Superior Energy Inc)

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