Common use of Canadian Securities Matters Clause in Contracts

Canadian Securities Matters. Seller acknowledges that the Warrant and the Warrant Shares, when issued, are being issued and sold by Buyer Parent pursuant to exemptions from the prospectus and registration requirements under applicable Canadian securities laws. Seller represents and warrants that (i) neither Seller nor any Proposed Assignee is a resident of Canada or a person or entity in Canada; (ii) the Warrant is not being, and the Warrant Shares will not be, acquired with a view to the distribution of any of these securities to a resident of Canada or a person or entity in Canada; and (iii) no resale of the Warrant or the Warrant Shares during the four (4) month “restricted period” following the date on which the Warrant is issued will be made to a resident of Canada or a person or entity in Canada. Seller acknowledges that Buyer Parent may impose a legend to such effect on any certificate representing Warrant Shares that is issued upon the exercise of the Warrant before the expiration of such four (4) month “restricted period.”

Canadian Securities Matters. Seller The Holder acknowledges that the this Warrant and the Warrant Shares, in each case when issued, have been or are being issued and sold by Buyer Parent pursuant to exemptions from the prospectus and registration requirements under applicable Canadian securities laws. Seller The Holder represents and warrants that (i) neither Seller nor this Warrant has not been, and any Proposed Assignee is a resident of Canada or a person or entity in Canada; (ii) the Warrant is Shares are not being, and the Warrant Shares will not be, acquired with a view to the distribution of any of these securities to a resident of Canada or a person or entity in Canada; and (iiiii) no resale of the if this Warrant or the Warrant Shares is acquired during the a four (4) month “restricted period” following the date on which Initial Issue Date, the Holder is not a resident of Canada or a person or entity in Canada; and (iii) no resale of this Warrant or the Warrant is issued Shares during a four (4) month “restricted period” following the Initial Issue Date will be made to a resident of Canada or a person or entity in Canada. Seller , and the Holder acknowledges that Buyer Parent the Company may impose a legend to such this effect on any certificate representing Warrant Shares that is are issued upon the exercise of the Warrant before the expiration expiry of such four (4) month “restricted period.”