Common use of Waiver of Flip-In Events Clause in Contracts

Waiver of Flip-In Events. (a) The Board of Directors, at any time prior to the occurrence of a Flip-in Event as to which the application of Section 3.01 has not been waived pursuant to this Section 5.02, may waive the application of Section 3.01 to such Flip-in Event by written notice delivered to the Rights Agent.

Appears in 3 contracts

Samples: Shareholder Rights Plan Agreement (Western Uranium & Vanadium Corp.), Shareholder Rights Plan Agreement (Western Uranium & Vanadium Corp.), Shareholder Rights Plan Agreement

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Waiver of Flip-In Events. (a) The Board of DirectorsDirectors may, at any time prior to the occurrence of a Flip-in Event as to which the application of Section 3.01 3.1 has not been waived pursuant to this Section 5.025.2, may waive the application of Section 3.01 3.1 to such Flip-in Event by written notice delivered to the Rights Agent.

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement (Canada Southern Petroleum LTD)

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Waiver of Flip-In Events. (a) The Board of DirectorsDirectors may, at any time prior to the occurrence of a Flip-in Event as to which that would occur by reason of an acquisition of Shares or Convertible Securities otherwise than in the application of Section 3.01 has not been waived pursuant to this Section 5.02circumstances described in section 5.2(b) or section 5.2(c), may waive the application of Section 3.01 3.1 to such Flip-in Event by written notice delivered to the Rights Agent.

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement (Canalaska Uranium LTD)

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