Compensation Options definition

Compensation Options has the meaning ascribed thereto on the face page of this Agreement;
Compensation Options means the options of the Company to be issued to the Agent pursuant to Section 8.2 hereof to acquire Compensation Shares;
Compensation Options shall have the meaning ascribed to such term in Section 8.1.

Examples of Compensation Options in a sentence

  • The forms of the certificates representing the Common Shares, the Warrants, the Compensation Options, the Advisory Fee Warrants and the Compensation Warrants have been, or prior to the Closing Time will be, duly approved by the Corporation and comply with applicable corporate laws and Canadian Securities Laws, including the rules and policies of the CSE.

  • The Corporation will ensure that upon their issuance in accordance with the terms of the Compensation Options and payment therefor, the Compensation Warrants shall be duly and validly issued.

  • The Compensation Warrants issuable upon exercise of the Compensation Options have been, or prior to the Closing Time will be, duly and validly authorized, created and allotted for issuance, as applicable, by the Corporation and, upon exercise of the Compensation Options in accordance with their terms, the Compensation Warrants will be validly issued.

  • The Corporation shall ensure that, at all times prior to the expiry of the Warrants, Compensation Options, Advisory Fee Warrants, Compensation Warrants, a sufficient number of Warrant Shares, Compensation Shares, Advisory Fee Warrant Shares and Compensation Warrant Shares are allotted and reserved for issuance upon the due exercise of the Warrants, Compensation Options, Advisory Fee Warrants and Compensation Warrants, in each case, in accordance with their terms.

  • The Compensation Options to be issued have been, or prior to the Closing Time will be, duly and validly authorized for issuance and created by the Corporation and, upon execution and delivery of the Compensation Option Certificate by the Corporation, the Compensation Options will be validly issued.


More Definitions of Compensation Options

Compensation Options has the meaning ascribed in Section 16 of this Agreement;
Compensation Options shall have the meaning set forth in section 10 hereof;
Compensation Options shall have the meaning ascribed to such term in section 14 hereto.
Compensation Options has the meaning given to it above;
Compensation Options means the options granted to the Agent as compensation for its services in relation to this Offering entitling the Agent to purchase one Common Share per compensation option for a period of 24 months after the Closing Day.
Compensation Options has the meaning given to that term in the sixth paragraph of this Agreement;
Compensation Options has the meaning ascribed thereto in subsection 2(c);