Proceedings Prior to Any Action Requiring Adjustment. As a condition precedent to the taking of any action which would require an adjustment in any of the acquisition rights pursuant to any of the Warrants, including the number of Common Shares which are to be received upon the exercise thereof, the Corporation shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Corporation has sufficient authorized capital and that the Corporation may validly and legally issue as fully-paid and non-assessable all the shares, warrants and other securities which the holders of such Warrants are entitled to receive on the full exercise thereof in accordance with the provisions hereof.
Appears in 7 contracts
Sources: Warrant Indenture, Warrant Indenture, Warrant Indenture (Dragonwave Inc)
Proceedings Prior to Any Action Requiring Adjustment. As a condition precedent to the taking of any action which would require an adjustment in any of the acquisition rights pursuant to any of the Purchase Warrants, including the number of Common Shares which are to be received upon the exercise thereof, the Corporation shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Corporation has sufficient unissued and reserved in its authorized capital and that the Corporation may validly and legally issue as fully-fully paid and non-assessable all the shares, warrants and other securities shares which the holders of such Purchase Warrants are entitled to receive on the full exercise thereof in accordance with the provisions hereof.
Appears in 5 contracts
Sources: Warrant Indenture (Golden Star Resources LTD), Warrant Indenture (Golden Star Resources LTD), Warrant Indenture (Golden Star Resources LTD)
Proceedings Prior to Any Action Requiring Adjustment. As a condition precedent to the taking of any action which would require an adjustment in any of the acquisition rights pursuant to any of the Warrants, including the number of Common Shares which are to be received upon the exercise thereof, the Corporation shall take any corporate action which may, in the opinion of its counselcounsel to the Corporation, be necessary in order that the Corporation has sufficient unissued and reserved in its authorized capital and that the Corporation may validly and legally issue as fully-fully paid and non-assessable all the shares, warrants and other securities shares which the holders of such Warrants are holder is entitled to receive on the full exercise thereof in accordance with the provisions hereofof this Warrant Certificate.
Appears in 2 contracts
Sources: Combination Agreement (Acetex Corp), Combination Agreement (Acetex Corp)
Proceedings Prior to Any Action Requiring Adjustment. As a condition precedent to the taking of any action which would require an adjustment in any of the acquisition rights pursuant to any of the Warrants, including the number of Common Shares which are to be received upon the exercise thereof, the Corporation Company shall take any corporate action which may, in the opinion of its counselCounsel, be necessary in order that the Corporation Company has sufficient authorized capital and that the Corporation Company may validly and legally issue as fully-paid and non-assessable all the shares, warrants and other securities which the holders of such Warrants are entitled to receive on the full exercise thereof in accordance with the provisions hereof.
Appears in 1 contract
Proceedings Prior to Any Action Requiring Adjustment. As a condition precedent to the taking of any action which would require an adjustment in any of the acquisition rights pursuant to any of the Warrants, including the number of Common Subordinate Voting Shares which are to be received upon the exercise thereof, the Corporation shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Corporation has sufficient authorized capital and that the Corporation may validly and legally issue as fully-paid and non-assessable all the shares, warrants and other securities which the holders of such Warrants are entitled to receive on the full exercise thereof in accordance with the provisions hereof.
Appears in 1 contract
Sources: Warrant Indenture
Proceedings Prior to Any Action Requiring Adjustment. As a condition precedent to the taking of any action which would require an adjustment in any of the acquisition rights pursuant to any of the Class B Warrants, including the number of Common Shares which are to be received upon the exercise thereof, the Corporation shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Corporation has sufficient unissued and reserved in its authorized capital and that the Corporation may validly and legally issue as fully-fully paid and non-assessable all the shares, warrants and other securities shares which the holders of such Class B Warrants are entitled to receive on the full exercise thereof in accordance with the provisions hereof.
Appears in 1 contract
Proceedings Prior to Any Action Requiring Adjustment. As a condition precedent to the taking of any action which would require an adjustment in any of the acquisition rights pursuant to any of the Purchase Warrants, including the number of Common Shares which are to be received upon the exercise thereof, the Corporation Company shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Corporation Company has sufficient unissued and reserved in its authorized capital and that the Corporation may validly and legally issue as fully-fully paid and non-assessable all the shares, warrants and other securities shares which the holders of such Purchase Warrants are entitled to receive on the full exercise thereof in accordance with the provisions hereof.
Appears in 1 contract
Sources: Purchase Warrant Indenture (Seven Seas Petroleum Inc)