Common use of Good Standing of the Corporation Clause in Contracts

Good Standing of the Corporation. The Corporation (i) is a corporation existing under the federal laws of Canada and is and will at the Closing Time be current and up-to-date with all material filings required to be made and in good standing under the Canada Business Corporations Act, (ii) has all requisite corporate power and capacity to own, lease and operate its properties and to conduct its business as now carried on by it as described in the Offering Documents, and (iii) has all requisite corporate power and authority to issue and sell the Offered Shares, to grant the Over-Allotment Option, and to execute, deliver and perform its obligations under this Agreement;

Good Standing of the Corporation. The Corporation (i) is a corporation existing under the federal laws of Canada and is and will at the Time of Closing Time be current and up-to-date with all material filings required to be made and in good standing under the Canada Business Corporations Act, (ii) has all requisite corporate power and capacity to own, lease and operate its properties and assets and to conduct its business as now carried on by it as described in the Offering Documentsand proposed to be carried on by it, and (iii) has all requisite corporate power and authority to issue and sell the Offered Shares, to grant the Over-Allotment Option, and to execute, deliver and perform its obligations under this Agreement;

Good Standing of the Corporation. The Corporation (i) is a corporation existing under the federal laws of Canada and is and will at the Closing Time be current and up-to-date with all material filings required to be made and in good standing under the Canada Business Corporations ActCBCA, (ii) has all requisite corporate power and capacity to own, lease and operate its properties and assets, including its Business Assets, and to conduct its business the Business as now carried on by it as described in the Offering Documentsit, and (iii) has has, and at the Closing Time will have, all requisite corporate power and authority to issue and sell the Offered SharesSecurities, to grant create and issue the Over-Allotment Option, Broker Warrants and to execute, deliver and perform its obligations under this Agreement;Agreement and the Broker Warrant Certificates.

Good Standing of the Corporation. The Corporation Corporation: (i) is a corporation existing under the federal Federal laws of Canada and is and will at the Time of Closing Time be current and up-to-date with all material filings required to be made and in good standing under the Canada Business Corporations Act, ; (ii) has all requisite corporate power and capacity to own, lease and operate its properties and assets, including its Business Assets, and to conduct its business as now carried on by it as described in the Offering Public Disclosure Documents, ; and (iii) has all requisite corporate power and authority to issue and sell the Offered Shares, to grant the Over-Allotment Option, Subscription Receipts and to execute, deliver and perform its obligations under this Agreement;