Deemed Exercise Time definition
Examples of Deemed Exercise Time in a sentence
Every Special Warrant represented by a Special Warrant Certificate countersigned by the Special Warrant Agent or Uncertificated Special Warrant that has been Authenticated and delivered to the holder thereof is deemed to be outstanding until it is cancelled or delivered to the Special Warrant Agent for cancellation or until the Deemed Exercise Time.
All Special Warrants will be deemed to have been exercised immediately prior to the Deemed Exercise Time and surrendered by the Special Warrantholders without any further action on the part of the Special Warrantholders.
That the Corporation will use its best efforts to ensure that the listing of the Common Shares on the TSXV is maintained and that the Underlying Shares underlying the Special Warrants and the Common Shares underlying the Underlying Warrants will be approved for listing and trading on the TSXV as of the Deemed Exercise Time.
Special Warrants will be deemed to have been exercised immediately prior to the Deemed Exercise Time and surrendered by the Special Warrantholders without any further action on the part of the Special Warrantholders.
Special Warrants will be deemed to have been exercised, delivered and surrendered by the holder thereof immediately prior to the Deemed Exercise Time without any further action on the part of the holder.
That the Corporation will use its reasonable best efforts to ensure that the listing of the Common Shares on the CSE is maintained and that the Underlying Shares underlying the Special Warrants and the Common Shares underlying the Underlying Warrants will be approved for listing and trading on the CSE as of the Deemed Exercise Time.
The Warrant Agent shall automatically exercise the Special Warrants on behalf of the holders thereof at the Deemed Exercise Time upon the terms and conditions specified in Subsection 4.06(1).