Participation Right definition

Participation Right shall have the meaning set out in Section 3.2;

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Participation Right has the meaning set out in Section 5.1(b);

Participation Right has the meaning given to such term in Section 4.1(b);

Examples of Participation Right in a sentence

Any dilution to the Investor Percentage resulting from any Proposed Offering will be disregarded for purposes of determining, prior to the time the Investor may exercise its Participation Right in respect of such Proposed Offering, whether the Investor has maintained the required Investor Percentage for the purposes of this Agreement.
In no event shall the exercise of the Participation Right and Top-Up Right in accordance with this Article 3 result in the Investor Percentage being equal to or above 20%, unless and until the Corporation has first received the requisite TSXV and shareholder approvals in accordance with the policies of the TSXV (or such approvals as may be required pursuant to the rules of any other stock exchange on which the Common Shares are listed) and with Canadian Securities Laws.

More Definitions of Participation Right

Participation Right has the meaning given to such term in Section 8.1.

Participation Right has the meaning set forth in Section 6.8(a).

Participation Right has the meaning set forth in Section 4.2;

Participation Right has the meaning set forth in Section 2.2(a).

Participation Right shall have the meaning set out in Section 2.2; “Parties” means the parties to this Agreement and “Party” means one of them;

Participation Right has the meaning given to that term set out in clause 5.2(a). Profit has the meaning given by the accounting standards that apply to the Authority under the Financial Accountability Act 2009.

Participation Right has the meaning respectively ascribed thereto in Section 5.5 and in Section 5.6;