Common use of Canadian Resale Restrictions Clause in Contracts

Canadian Resale Restrictions. The Selling Shareholders acknowledge that Pubco is not a reporting issuer in any province or territory of Canada and accordingly, any applicable hold periods under the British Columbia Securities Act or any other Canadian jurisdiction may never expire, and the Pubco Shares may be subject to resale restrictions in Canada for an indefinite period of time. Additionally, the Selling Shareholders acknowledge that resale of any of the Pubco Shares by the Selling Shareholders resident in Canada is restricted except pursuant to an exemption from applicable securities legislation.

Appears in 5 contracts

Samples: Share Exchange Agreement (Silverstar Mining Corp.), The Share Exchange Agreement (Silverstar Mining Corp.), Share Exchange Agreement (T & G Apothecary Inc)

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Canadian Resale Restrictions. The Selling Shareholders acknowledge that Pubco is not a reporting issuer in any province or territory of Canada and accordingly, any applicable hold periods under the British Columbia Applicable Securities Act or any other Canadian jurisdiction Legislation may never expire, and the Pubco Shares may be subject to resale restrictions in Canada for an indefinite period of time. Additionally, the Selling Shareholders acknowledge that resale of any of the Pubco Shares by the Selling Shareholders resident in Canada is restricted except pursuant to an exemption from applicable securities legislationthe Applicable Securities Legislation.

Appears in 3 contracts

Samples: Share Exchange Agreement (Swav Enterprises Ltd.), Share Exchange Agreement (Source Petroleum Inc.), Share Exchange Agreement (Sun Cal Energy , Inc.)

Canadian Resale Restrictions. The Selling Shareholders acknowledge that Pubco is not a reporting issuer in any province or territory of Canada and accordingly, any applicable hold periods under the British Columbia AB Securities Act or any other Canadian jurisdiction may never expire, and the Pubco Shares may be subject to resale restrictions in Canada for an indefinite period of time. Additionally, the Selling Shareholders acknowledge that resale of any of the Pubco Shares by the Selling Shareholders resident in Canada is restricted except pursuant to an exemption from applicable securities legislation.

Appears in 2 contracts

Samples: The Share Exchange Agreement (Crestview Development Corp.), Share Exchange Agreement (Perfectenergy International LTD)

Canadian Resale Restrictions. The Selling Shareholders acknowledge that Pubco is not a reporting issuer in any province or territory of Canada and accordingly, any applicable hold periods under the British Columbia B.C. Securities Act or any other Canadian jurisdiction may never expire, and the Pubco Shares may be subject to resale restrictions in Canada for an indefinite period of time. Additionally, the Selling Shareholders acknowledge that resale of any of the Pubco Shares by the Selling Shareholders resident in Canada is restricted except pursuant to an exemption from applicable securities legislation.

Appears in 2 contracts

Samples: Share Exchange Agreement (Silverstar Mining Corp.), Share Exchange Agreement (Cavalier Group)

Canadian Resale Restrictions. The Selling Shareholders acknowledge that Pubco is not a reporting issuer in any province or territory of Canada and accordingly, any applicable hold periods under the British Columbia BC Securities Act or any other Canadian jurisdiction may never expire, and the Pubco Shares may be subject to resale restrictions in Canada for an indefinite period of time. Additionally, the Selling Shareholders acknowledge that resale of any of the Pubco Shares by the Selling Shareholders resident in Canada is restricted except pursuant to an exemption from applicable securities legislation.

Appears in 2 contracts

Samples: Share Exchange Agreement (Golden Aria Corp.), Share Exchange Agreement (Purio Inc.)

Canadian Resale Restrictions. The Each of Xxxxxxxx and the Selling Shareholders acknowledge acknowledges that Pubco is not a reporting issuer in any province or territory of Canada and accordingly, any applicable hold periods under the British Columbia BC Securities Act or any other Canadian jurisdiction may never expire, and the Pubco Shares may be subject to resale restrictions in Canada for an indefinite period of time. Additionally, each of Xxxxxxxx and the Selling Shareholders acknowledge acknowledges that resale of any of the Pubco Shares by the Selling Shareholders any resident in Canada is restricted except pursuant to an exemption from applicable Canadian securities legislation.

Appears in 1 contract

Samples: The Share Exchange Agreement (Metasun Enterprises Inc)

Canadian Resale Restrictions. The Selling Shareholders acknowledge that Pubco is not a reporting issuer in any province or territory of Canada and accordingly, any applicable hold periods under the British Columbia Canadian Securities Act Acts or any other Canadian jurisdiction may never expire, and the Pubco Shares may be subject to resale restrictions in Canada for an indefinite period of time. Additionally, the Selling Shareholders acknowledge that resale of any of the Pubco Shares by the Selling Shareholders resident in Canada is restricted except pursuant to an exemption from applicable securities legislation.. D/CZM/678915.4

Appears in 1 contract

Samples: Share Exchange Agreement (Lamperd Less Lethal Inc)

Canadian Resale Restrictions. The Selling Shareholders acknowledge Shareholder acknowledges that Pubco is not a reporting issuer in any province or territory of Canada and accordingly, any applicable hold periods under the British Columbia Canadian Securities Act Laws or any other Canadian jurisdiction may never expire, and the Pubco Shares may be subject to resale restrictions in Canada for an indefinite period of time. Additionally, the Selling Shareholders acknowledge that resale of any of the Pubco Shares by the Selling Shareholders resident in Canada is restricted except pursuant to an exemption from applicable securities legislation.

Appears in 1 contract

Samples: Share Exchange Agreement (Purio Inc.)

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Canadian Resale Restrictions. The Selling Shareholders acknowledge that Pubco is not a reporting issuer in any province or territory of Canada and accordingly, any applicable hold periods under the British Columbia BC Securities Act or any other Canadian jurisdiction may never expire, and the Pubco Shares may be subject to resale restrictions in Canada for an indefinite period of time. Additionally, the Selling Shareholders acknowledge that resale of any of the Pubco Shares by the Selling Shareholders resident in Canada is restricted except pursuant to an exemption from applicable securities legislation.

Appears in 1 contract

Samples: Share Exchange Agreement (Ses Solar Inc.)

Canadian Resale Restrictions. The Selling Shareholders acknowledge that Pubco PubCo is not a reporting issuer in any province or territory of Canada and accordingly, any applicable hold periods under the British Columbia Securities Act or any other Canadian jurisdiction may never expire, and the Pubco PubCo Shares may be subject to resale restrictions in Canada for an indefinite period of time. Additionally, the Selling Shareholders acknowledge that resale of any of the Pubco Shares by the Selling Shareholders resident in Canada is restricted except pursuant to an exemption from applicable securities legislation.

Appears in 1 contract

Samples: Share Exchange Agreement (Healthcare Providers Direct Inc.)

Canadian Resale Restrictions. The Selling Shareholders acknowledge that Pubco is not a reporting issuer in any province or territory of Canada and accordingly, any applicable hold periods under the British Columbia Canadian Securities Act or any other Canadian jurisdiction Laws may never expire, and the Pubco Shares may be subject to resale restrictions in Canada for an indefinite period of time. Additionally, the Selling Shareholders acknowledge that resale of any of the Pubco Shares by the Selling Shareholders resident in Canada is restricted except pursuant to an exemption from applicable securities legislation.

Appears in 1 contract

Samples: Share Exchange Agreement (Purio Inc.)

Canadian Resale Restrictions. The Selling Shareholders acknowledge that Pubco is not a reporting issuer in any province or territory of Canada and accordingly, any applicable hold periods under the British Columbia B.C. Securities Act or any other Canadian jurisdiction may never expire, and the Pubco Shares may be subject to resale restrictions in Canada for an indefinite period of time. Additionally, the Selling Shareholders acknowledge that resale of any of the Pubco Shares by the Selling Shareholders resident in Canada is restricted except pursuant to an exemption from applicable securities legislation.

Appears in 1 contract

Samples: Share Exchange Agreement (Upstream Biosciences Inc.)

Canadian Resale Restrictions. The Selling Shareholders acknowledge Shareholder acknowledges that Pubco is not a reporting issuer in any province or territory of Canada and accordingly, any applicable hold periods under the British Columbia BC Securities Act or any other Canadian jurisdiction may never expire, and the Pubco Shares may be subject to resale restrictions in Canada for an indefinite period of time. Additionally, the Selling Shareholders acknowledge Shareholder acknowledges that resale of any of the Pubco Shares by the Selling Shareholders Shareholder resident in Canada is restricted except pursuant to an exemption from applicable securities legislation.

Appears in 1 contract

Samples: Share Exchange Agreement (Secure Luggage Solutions Inc.)

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