Hold Period. Cliq may hold the monies for a period established by Cliq pursuant to its underwriting of CLIENT. Upon the expiration of the Hold Period, Xxxx shall transfer the Collected Funds, less the Reserve Amount to the CLIENT Bank Account.
Hold Period. Common Shares and Warrants issued in connection with the Offering will be subject to an indefinite hold period as required by U.S. securities laws, and will also be subject to a four-month and one day hold period (which will run concurrently with the indefinite hold period in the United States) as required by Canadian securities laws commencing on the date of closing of the Offering and the Warrant Shares issued on exercise of the Warrants will be subject to additional hold periods under U.S. securities laws that shall commence on the date the Warrants are exercised, and (if applicable) will also be subject to a four-month and one day hold period from Closing (which will run concurrently with the indefinite hold period in the United States).
Hold Period. 6.1 The Purchaser acknowledges that the Shares will be subject to restrictions on resale until such time as the earlier to occur of:
Hold Period. From the date of this Agreement until the Closing Date, the Holder shall not, and shall not allow any of its Affiliates to, offer, sell, contract to sell or otherwise dispose of, except as provided hereunder, all or any portion of the Notes.
Hold Period. Section 5.3 The Shares received by the Holder upon the exercise of the Warrants may be subject to a hold period as determined by the policies of the Canadian Securities Exchange and/or other applicable securities laws of stock exchange polices the Company is then listed on.
Hold Period. 5.1 The Creditor acknowledges that the Shares and any shares issued on exercise of the Warrant, will be subject to a four-month hold period from the date of issuance of the Shares.
Hold Period. For one (1) year after the expiration date of any particular Product batch(es), or longer if required by applicable law or Governmental or Regulatory Authority (the "Hold Period"), each party will maintain, as applicable, records and samples relating to such batch(es) sufficient to substantiate and verify its duties and obligations hereunder, including but not limited to, records of orders sent and received, Product manufactured, work in progress, Product analyses and quality control tests, distribution of the Product and the like. During the Hold Period, neither party will destroy any records relating to regulatory compliance or quality assurance without giving the other party advance written notice and an opportunity to take possession of or copy such records.
Hold Period. 4.1 The Purchaser and the Company acknowledge that, subject to the transfer restrictions of Rule 144 of the 1933 Act, there is no holding period applicable to the Securities.
Hold Period. The Company is not a reporting issuer in any province or territory of Canada. As such, the Shares will not be transferable under the laws of Canada, except pursuant to applicable statutory exemptions, until the date that is four months and a day after the date the Company becomes a reporting issuer in any province or territory of Canada (subject to any control person distribution restrictions) in accordance with National Instrument 45-102 – Resale of Securities. Commission: Finder’s fees of up to 5% cash payable to arm’s length finders. Conditions to be met on Closing: The Offering shall be conditional upon each purchaser of Shares entering into a shareholder agreement in a form to be determined. Closing Date: Closing may be in one or more tranches as the Company may determine. EXHIBIT "C" STRUCTURE CHART
Hold Period. The Company is not a reporting issuer in any province or territory of Canada. As such, the Shares will not be transferable under the laws of Canada, except pursuant to applicable statutory exemptions, until the date that is four months and a day after the date the Company becomes a reporting issuer in any province or territory of Canada (subject to any control person distribution restrictions) in accordance with National Instrument 45-102 – Resale of Securities.
