Examples of Broker Warrants in a sentence
Each Agent agrees that it will not engage in any Directed Selling Efforts with respect to any Broker Warrants or Common Shares issuable upon exercise of the Broker Warrants, and will not offer or sell any Broker Warrants or such Common Shares in the United States except in compliance with an exemption from the registration requirements of the U.S. Securities Act and all applicable U.S. state securities laws.
Each Agent acknowledges and agrees that the Broker Warrants may not be exercised in the United States or by or on behalf or for the benefit of a U.S. Person or a person in the United States, unless such exercise is exempt from registration under the U.S. Securities Act and applicable U.S. state securities laws.
In connection with the issuance of the Broker Warrants and the Common Shares issuable upon exercise thereof, each of the Agents represents, warrants, and covenants that it is acquiring the Broker Warrants and will acquire such underlying Common Shares as principal for its own account and not for the benefit of any other person.
Each Agent represents, warrants, and covenants that (i) it is not a U.S. Person and is not acquiring the Broker Warrants in the United States, or on behalf of a U.S. Person or a person located in the United States; and (ii) this Agreement was executed and delivered outside the United States.
The Corporation also agrees to pay to the Agents a corporate finance fee of consisting of $1,993.32 (inclusive of HST) (together with the Agents’ Commission, the “Agents’ Fee”) and 2,352 Broker Warrants.