Optional Purchases by the Corporation. Subject to compliance with applicable securities laws and approval of applicable regulatory authorities, if any, the Corporation may from time to time purchase by private contract or otherwise any of the Warrants. Any such purchase may be made in such manner, from such persons and on such terms as the Corporation, in its sole discretion, may determine. In the case of Certificated Warrants, Warrant Certificates representing the Warrants purchased pursuant to this Section 5.1 shall forthwith be delivered to and cancelled by the Warrant Agent and reflected accordingly on the register of Warrants. In the case of Uncertificated Warrants, the Warrants purchased pursuant to this Section 5.1 shall be reflected accordingly on the register of Warrants and in accordance with procedures prescribed by the Depository under the book entry registration system. No Warrants shall be issued in replacement thereof.
Appears in 1 contract
Optional Purchases by the Corporation. Subject to compliance with applicable securities laws legislation and approval of applicable regulatory authorities, if any, the Corporation may from time to time purchase by private contract or otherwise any of the Warrants. Any such purchase shall be made at the lowest price or prices at which, in the opinion of the directors, such Warrants are then obtainable, plus reasonable costs of purchase, and may be made in such manner, from such persons and on such other terms as the directors of the Corporation, in its sole discretion, may determine, acting reasonably and in good faith. In the case of Certificated Warrants, Warrant Certificates representing the Warrants purchased pursuant to this Section 5.1 shall forthwith be delivered to and cancelled by the Warrant Agent and reflected accordingly on the register of WarrantsAgent. In the case of Uncertificated Warrants, the Warrants purchased pursuant to this Section 5.1 shall be reflected accordingly on the register of Warrants and in accordance with procedures prescribed by the Depository under the book entry registration system. No Warrants shall be issued in replacement thereof.
Appears in 1 contract
Optional Purchases by the Corporation. Subject to compliance with applicable securities laws legislation and approval of applicable regulatory authoritiesRegulatory Authorities, if any, the Corporation may from time to time purchase by private contract or otherwise any of the Warrants. Any such purchase may shall be made in such manner, from such persons and on such terms as the Corporation, in its sole discretion, may determine. In the case of Certificated WarrantsWarrant Certificates, Warrant Certificates representing the Warrants purchased pursuant to this Section 5.1 shall forthwith be delivered to and cancelled by the Warrant Agent and reflected accordingly on the register of Warrants. In the case of Uncertificated Warrants, the Warrants purchased pursuant to this Section 5.1 shall be reflected accordingly on the register of Warrants and in accordance with procedures prescribed by the Depository under the book entry registration system. No Warrants shall be issued in replacement thereof.
Appears in 1 contract
Optional Purchases by the Corporation. Subject to compliance with applicable securities laws legislation and approval of applicable regulatory authorities, if any, the Corporation may from time to time purchase purchase, by invitation for tender, in the open market, by private contract or otherwise any of the WarrantsWarrants then outstanding. Any such purchase may be made in such manner, from such persons and on such other terms as the Corporation, in its sole discretion, may determine. In the case of Certificated Warrants, Warrant Certificates representing the Warrants purchased pursuant to this Section 5.1 shall forthwith be delivered to and cancelled by the Warrant Agent and reflected accordingly on the register of Warrants. In the case of Uncertificated Warrants, the Warrants purchased pursuant to this Section 5.1 shall be cancelled and reflected accordingly on the register of Warrants and in accordance with procedures Applicable Procedures prescribed by the Depository under the book entry registration system. No Warrants shall be issued in replacement thereof.
Appears in 1 contract
Sources: Warrant Indenture