Examples of MI 61-101 in a sentence
The following supplementary information is provided in accordance with Section 5.2 of MI 61-101.
The Company relied on the financial hardship exemption from the minority approval requirement of Multilateral Instrument (MI) 61-101.
Specifically, pursuant to MI 61-101, minority approval is not required for a related party transaction in the event of financial hardship in specified circumstances.The Company is required to maintain certain non-financial covenants under the terms of the MIOP loan.
The approval of the transaction was conducted in accordance with MI 61-101 because of Northwestern’s shareholdings in each of the Company and Rio Novo.
The Company relied on the financial hardship exemption from the minority approval requirement of Multilateral Instrument ("MI") 61-101.