Change of Business definition

Change of Business or “COB” means a transaction or series of transactions which will redirect an Issuer’s resources and which changes the nature of its business, for example, through the acquisition of an interest in another business which represents a material amount of the Issuer’s market value, assets or operations, or which becomes the principal enterprise of the Issuer.

Change of Business means the establishment or purchase of a business by the Applicant other than the business specified in paragraph 2.7(c) of this Agreement;

Change of Business change in any material respect the nature of its business or operations from the development and sale of medical imaging software and related products and services;

Examples of Change of Business in a sentence

• Change of Business NameA salon will not change its business name without first filing a change of business name form and paying the processing fee.

• In connection with the Change of Business the Company changed its name to Trenchant Capital Corp.

• Change of Business Ownership If an Employer’s business changes ownership, the new owner is eligible to claim the remaining Restart Payments, provided all other eligibility criteria and Restart Program requirements are met.

• In September 2017, the Company completed its Change of Business and made a decision to change the Company’s presentation currency from Canadian dollars to United States dollars so that investors can better understand the Company’s financial results and financial position.

• On September 23, 2010, the Company received Exchange acceptance of its Change of Business and effective September 24, 2010, the Company’s listing was transferred from the NEX to Tier 2 of the Exchange.

More Definitions of Change of Business

Change of Business means the change of business of the Corporation from mining activities to the medical marijuana industry.

Change of Business means a transaction or series of transactions as a result of which the Buyer’s resources are redirected and the nature of the Buyer’s business of acquiring and managing precious metal and other royalties, streams and a direct or indirect interest in mining development businesses and properties and similar interests changes, including through the acquisition of an interest in another business which represents a material amount of the Buyer’s market value, assets or operations, or which becomes the principal enterprise of the Buyer; provided, however, that the transition of the principal enterprise of the Buyer to the operation of mineral projects shall constitute a Change of Business; provided, further, that in no event will (i) continued operatorship over current assets of the Buyer, or (ii) increased participation in a Buyer Investee constitute a Change of Business.

Change of Business means the indirect acquisition of SDP by the Corporation in accordance with the terms of the Definitive Agreement and related transactions which will constitute a Change of Business, as such term is defined in Policy 5.2 of the Exchange.

Change of Business means the proposed change of business of the Corporation from mineral resource exploration to the technology industry upon completion of the Transaction, which constitutes a "fundamental change" pursuant to CSE Policies and is subject to approval by a majority of the votes cast by shareholders of the Corporation at the Meeting and CSE Approval.

Change of Business means the redeployment of the Company’s assets and resources from mineral exploration to the development, manufacture and sale of data mining infrastructure and system technology (including ASIC Chips and Mining Rigs) to support global blockchain applications in the cryptoasset mining space which will result in a “Change of Business” as defined under the policies of the CSE;

Change of Business means the change of business of Global from an “unclassified” issuer to an “oil and gas” issuer pursuant to the policies of the TSXV;

Change of Business means the change of business of the Corporation from leasing operating and manufacturing equipment to the medical cannabis industry.