Common use of Detachment of Rights Clause in Contracts

Detachment of Rights. Subject to adjustment as herein set forth, each Right will entitle the holder thereof, after the Separation Time and prior to the Expiration Time, to purchase, for the Exercise Price, one Common Share. Notwithstanding any other provision of this Agreement, any Rights held by the Corporation or any of its Subsidiaries are void.

Appears in 3 contracts

Sources: Rights Agreement (Trillium Therapeutics Inc.), Rights Agreement, Rights Agreement

Detachment of Rights. Subject to adjustment as herein set forth, each Right will entitle the holder thereof, after the Separation Time and prior to the Expiration Time, to purchase, for the Exercise Price, one Common Share. Notwithstanding any other provision of this Agreement, any Rights held by the Corporation or any of its Subsidiaries are shall be void.

Appears in 3 contracts

Sources: Shareholder Rights Plan Agreement (Lincoln Gold Corp), Shareholder Rights Plan Agreement (Taseko Mines LTD), Shareholder Rights Plan Agreement (Northern Dynasty Minerals LTD)

Detachment of Rights. Subject to adjustment as herein set forth, each Right will entitle the holder thereof, from and after the Separation Time and prior to the Expiration Time, to purchase, for the Exercise Price, one Common Share. Notwithstanding any other provision of this Agreement, any Rights held by the Corporation or any of its Subsidiaries are void.

Appears in 1 contract

Sources: Rights Agreement

Detachment of Rights. Subject to adjustment as herein set forth, each Right will entitle the holder thereof, after the Separation Time and prior to the Expiration Time, to purchase, for the Exercise Price, one (1) Common Share. Notwithstanding any other provision of this Agreement, any Rights held Beneficially Owned by the Corporation or any of its Subsidiaries are shall be void.

Appears in 1 contract

Sources: Shareholder Protection Rights Plan Agreement (Haemacure Corp)