Common use of No Collateral Benefit Clause in Contracts

No Collateral Benefit. To the knowledge of the Corporation, except as disclosed in Section 3.1(16) of the Corporation Disclosure Letter, no related party of the Corporation (within the meaning of MI 61-101) together with its associated entities, beneficially owns or exercises control or direction over 1% or more of the outstanding Shares, except for related parties who will not receive a collateral benefit (within the meaning of MI 61-101) as a consequence of the transactions contemplated by this Agreement.

No Collateral Benefit. To the knowledge of the CorporationCompany, except as disclosed set out in Section 3.1(16(15) of the Corporation Company Disclosure Letter, no related party of the Corporation Company (within the meaning of MI 61-101) together with its associated entities, beneficially owns or exercises control or direction over 1% or more of the outstanding Company Shares, except for related parties who will not receive a “collateral benefit benefit” (within the meaning of MI 61-101such instrument) as a consequence of the transactions contemplated by this Agreement.

No Collateral Benefit. To the knowledge of the Corporation, except Except as disclosed in Section Paragraph 3.1(16) of the Corporation Disclosure Letter, to the knowledge of the Corporation, no related party of the Corporation (within the meaning of MI 61-101) together with its associated entities, beneficially owns or exercises control or direction over 1% or more of the outstanding Shares, except for related parties who will not receive a "collateral benefit benefit" (within the meaning of MI 61-101such instrument) as a consequence of the transactions contemplated by this Agreement.

No Collateral Benefit. To Except as disclosed in Section 15 of the Company Disclosure Letter, to the knowledge of the Corporation, except as disclosed in Section 3.1(16) of the Corporation Disclosure LetterCompany, no related party of the Corporation Company (within the meaning of MI 61-101) ), together with its associated entities, beneficially owns or exercises control or direction over 1% or more of the outstanding Common Shares, except for related parties who will not receive a "collateral benefit benefit" (within the meaning of MI 61-101such instrument) as a consequence of the transactions contemplated by this Agreement.