Common use of Canadian Securities Laws Clause in Contracts

Canadian Securities Laws. The distribution of the Consideration Shares pursuant to the Arrangement shall be exempt from the prospectus requirements of applicable Securities Laws in Canada either by virtue of exemptive relief from the securities regulatory authorities of each of the provinces of Canada or by virtue of exemptions under applicable Securities Laws and shall not be subject to resale restrictions in Canada under applicable Securities Laws (other than as applicable to control persons or pursuant to Section 2.6 of National Instrument 45-102 – Resale of Securities).

Appears in 2 contracts

Samples: Agreement (Columbia Care Inc.), Agreement (Cresco Labs Inc.)

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Canadian Securities Laws. The distribution of the Consideration Shares pursuant to the Arrangement ‎Arrangement shall be exempt from the prospectus and registration requirements of applicable ‎Canadian Securities Laws in Canada either by virtue of exemptive relief from the securities regulatory ‎regulatory authorities of each of the ​ ​ provinces of Canada or by virtue of exemptions under applicable ‎under Canadian Securities Laws and shall not be subject to resale restrictions in Canada under applicable ‎Canadian Securities Laws (other than as applicable to control persons or pursuant to Section ‎Section 2.6 of National Instrument 45-102 – Resale of Securities).

Appears in 2 contracts

Samples: Arrangement Agreement (Goodness Growth Holdings, Inc.), Arrangement Agreement (Goodness Growth Holdings, Inc.)

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Canadian Securities Laws. The distribution of the Consideration Shares pursuant to the Arrangement ‎Arrangement shall be exempt from the prospectus and registration requirements of applicable ‎Canadian Securities Laws in Canada either by virtue of exemptive relief from the securities regulatory ‎regulatory authorities of each of the provinces of Canada or by virtue of exemptions under applicable ‎under Canadian Securities Laws and shall not be subject to resale restrictions in Canada under applicable ‎Canadian Securities Laws (other than as applicable to control persons or pursuant to Section ‎Section 2.6 of National Instrument 45-102 - Resale of Securities).

Appears in 1 contract

Samples: Arrangement Agreement (Verano Holdings Corp.)

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