Acceleration Right means the Participant’s right, in certain circumstances, to exercise its outstanding Option as to all or any of the Common Shares in respect of which such Option has not previously been exercised and which the Participant is entitled to exercise, including in respect of Common Shares not otherwise vested at such time;
Acceleration Right means, subject to the approval of the CSE and to Section 2.2(6), the right of the Corporation to accelerate the Expiry Date to the date that is not less than 30 days following delivery of the Acceleration Notice if, at any time prior to the Expiry Date, the daily volume-weighted average trading price of the Common Shares exceeds $1.00 for the preceding 10 consecutive Trading Days on the CSE;
Acceleration Right means the right of the Corporation to accelerate the Expiry Date to a date that is fifteen (15) days following delivery of the Acceleration Notice if, at any time after the Effective Date, the closing sale price of the Common Shares exceeds $0.32 per Common Share for a period of ten (10) consecutive Trading Days on the Exchange;
Examples of Acceleration Right in a sentence
An Acceleration News Release shall be deemed to be delivered to each Registered Warrantholder on the date that the Company disseminates the Acceleration News Release announcing that the Company is exercising its Acceleration Right.
More Definitions of Acceleration Right
Acceleration Right means the right of the Corporation to accelerate the Expiry Date to a date that is not the less than 30 days following the date of the Acceleration Notice if, at any time after the Effective Date, the volume-weighted average trading price of the Common Shares exceeds the Acceleration Trigger Price for a period of 15 consecutive Trading Days on the NEO Exchange (or such other stock exchange where the majority of the trading volume occurs);
Acceleration Right means the right of the Corporation to accelerate the Expiry Date to a date that is not the less than twenty (20) days following the issuance of the Acceleration Notice if, at any time before the Expiry Date, the volume weighted average trading price of the Common Shares exceeds $5.50 for a period of twenty (20) consecutive Trading Days. The right to purchase Common Shares may only be exercised by the Warrantholder within the time set forth above by:
Acceleration Right means in the case of an Acceleration Event, the option of the Company to accelerate the Expiry Date of the Warrants to the date that is thirty (30) days following the deemed receipt by holders of Warrants of the Acceleration Notice;
Acceleration Right means the right of the Corporation to accelerate the Expiry Date to a date that is not the less than 30 days following delivery of the Acceleration Notice if, at any time four months after the Effective Date, the volume weighted average trading price of the Common Shares equals or exceeds $3.75 for a period of 10 consecutive trading dates on the Canadian Securities Exchange. The right to purchase Common Shares may only be exercised by the Warrantholder within the time set forth above by:
Acceleration Right means the right of the Company to accelerate the Expiry Date to a date that is not the less than 30 days following delivery of the Acceleration Notice if, at any time after the Effective Date, the closing price of the Common Shares equals or exceeds $1.35 for a period of 15 consecutive trading dates on the TSXV. The right to purchase Common Shares may only be exercised by the Warrantholder within the time set forth above by:
Acceleration Right means the Company has a right to accelerate the expiry date of the Warrants if the closing price of the shares of the Company on the TSXV, or any other stock exchange on which such shares are then listed, is at a price equal to or greater than $0.25 for a period of twenty consecutive trading days.
Acceleration Right means the right of the Company to accelerate the Expiry Date to a date that is not the less than 30 days following the dissemination of the Acceleration News Release if the volume weighted average trading price of the Common Shares equals or exceeds $1.50 for a period of ten consecutive trading dates on the CSE. The right to acquire Common Shares may only be exercised by the Warrantholder within the time set forth above by: