Common use of Proceedings Prior to Any Action Requiring Adjustment Clause in Contracts

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 Subscription Receipts, including the number of Underlying Shares which are to be received upon the conversion thereof, the Corporation shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Corporation or a successor corporation has unissued and reserved in its authorized capital and may validly and legally issue as fully paid and non-assessable all the Underlying Shares which the holders of such Subscription Receipts issued by it are entitled to receive on the full conversion thereof in accordance with the provisions hereof.

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 Subscription Receipts, including the number of Underlying Shares which are to be received upon pursuant to the conversion thereofSubscription Receipts, the Corporation shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Corporation or a successor corporation has unissued and reserved in its authorized capital and may validly and legally issue as fully paid and non-assessable all the Underlying Shares shares which the holders of such Subscription Receipts issued by it are entitled to receive on the full conversion issuance thereof in accordance with the provisions hereof.

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 Subscription Receipts, including the number of Underlying Variable Voting Shares which are to be received upon the conversion exercise thereof, the Corporation shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Corporation or a successor corporation has unissued and reserved in its authorized capital and may validly and legally issue as fully paid and non-assessable all the Underlying Shares shares which the holders of such Subscription Receipts issued by it are entitled to receive on the full conversion exercise thereof in accordance with the provisions hereof.

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 attached to any of the Subscription Receipts, including the number of Underlying Shares which are to be received upon the conversion thereof, the Corporation shall take (and receive any required shareholder approval with respect to) any corporate action which may, in the opinion of its counselCounsel, be necessary in order to ensure that the Corporation or a successor corporation has unissued and reserved in its sufficient authorized capital and that the Corporation may validly and legally issue issue, as fully paid and non-assessable Class B Subordinate Voting Shares, all of the Underlying Class B Subordinate Voting Shares which the holders of such Subscription Receipts issued by it are entitled to receive on pursuant to the full conversion thereof terms of the Subscription Receipts following such adjustment, in accordance with the provisions hereofof this Agreement.

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 Subscription Receipts, including the number of Underlying FT Unit Shares which are to be received and Warrants issuable upon conversion of the conversion thereofFlow-Through Unit Subscription Receipts, the Corporation shall take any corporate action which may, in the opinion of its counselCounsel to the Corporation (acting reasonably), be necessary in order to ensure that the Corporation or a successor corporation has unissued and reserved in its sufficient authorized capital and that the Corporation may validly and legally issue issue, as fully paid and non-assessable shares, all of the Underlying Shares shares which the holders of such Flow-Through Unit Subscription Receipts issued by it are entitled to receive on the full conversion thereof of the Flow-Through Unit Subscription Receipts, in accordance with the provisions hereofof this Agreement.

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 Subscription Receipts, including the number of Underlying Shares Units which are to be received upon the conversion 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 or a successor corporation company has unissued and reserved in its authorized capital and may validly and legally issue as fully paid and non-assessable all the Underlying Shares shares which the holders of such Subscription Receipts issued by it are entitled to receive on the full conversion thereof in accordance with the provisions hereof.

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 Subscription Receipts, including the number of Underlying Shares which are to be received upon on conversion of the conversion thereofSubscription Receipts, the Corporation shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Corporation or a successor corporation has unissued and reserved in its authorized capital and may validly and legally issue as fully paid and non-assessable all the Underlying Shares which the holders of such Subscription Receipts issued by it are entitled to receive on the full conversion thereof in accordance with the provisions hereof.

Proceedings Prior to Any Action Requiring Adjustment. As a condition precedent to the taking of any action which would require requires an adjustment in any of the acquisition rights pursuant to any of the Subscription Receipts, including the number of Underlying Shares which are to be received upon the conversion thereof, the Corporation shall take any corporate action which may, may in the its opinion of its counsel, be necessary in order that the Corporation or a any successor corporation to the Corporation has unissued reserved, allotted and reserved set aside for issuance Common Shares in its authorized capital and may validly and legally issue as fully paid and non-assessable all the Underlying Common Shares and may validly and legally deliver all other securities or property which the holders of such Subscription Receipts issued by it Receiptholders are entitled to receive on the full conversion thereof of the Subscription Receipts in accordance with the provisions hereof.

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 Subscription Receipts, including the number of Underlying Shares which are to be received upon the conversion thereof, the Corporation shall take any corporate action which may, in the opinion of its counsel, be necessary in order that the Corporation or a successor corporation has unissued and reserved in its authorized capital and may validly and legally issue as fully paid and non-assessable all the Underlying Shares shares which the holders of such Subscription Receipts issued by it are entitled to receive on the full conversion thereof in accordance with the provisions hereof.

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 Subscription Receipts, including the number of Underlying Shares which are to be received upon pursuant to the conversion thereofSubscription Receipts, the Corporation shall take any corporate action which may, in the opinion of its counselCounsel, be necessary in order that the Corporation or a successor corporation has unissued and reserved in its authorized capital and may validly and legally issue as fully paid and non-assessable all the Underlying Shares shares which the holders of such Subscription Receipts issued by it are entitled to receive on the full conversion issuance thereof in accordance with the provisions hereof.