Common use of Reporting Issuer Status Clause in Contracts

Reporting Issuer Status. Travelbyus is a "reporting issuer" within the meaning of the Securities Act (Alberta), (British Columbia), (Saskatchewan), (Manitoba), (Ontario) and (Quebec) and is not in default of any requirement of applicable Laws and no material change relating to Travelbyus has occurred with respect to which the requisite material change report has not been filed and no such disclosure has been made on a confidential basis. No securities commission or similar regulatory authority has issued any order preventing or suspending trading in any securities of Travelbyus or prohibiting the issue and sale of the common shares in the capital of Travelbyus and to the knowledge of Travelbyus no such proceedings for such purposes are pending or threatened.

Reporting Issuer Status. Travelbyus is a "reporting issuer" within the meaning of the Securities Act (Alberta), (British Columbia), (Saskatchewan), (Manitoba), (Ontario) and (Quebec) and is not in default of any requirement of applicable Laws laws and no material change relating to Travelbyus has occurred with respect to which the requisite material change report has not been filed and no such disclosure has been made on a confidential basis. No securities commission or similar regulatory authority has issued any order preventing or suspending trading in any securities of Travelbyus or prohibiting the issue and sale of the common shares in the capital of Travelbyus and to the knowledge of the Purchaser and Travelbyus no such proceedings for such purposes are pending or threatened.

Reporting Issuer Status. Travelbyus is a "reporting issuer" within the meaning of the Securities Act (Alberta), (British Columbia), (Saskatchewan), (Manitoba), (Ontario) and (Quebec) and is not in default of any requirement of applicable Laws laws and no material change relating to Travelbyus has occurred with respect to which the requisite material change report has not been filed and no such disclosure has been made on a confidential basis. No securities commission or similar regulatory authority has issued any order preventing or suspending trading in any securities of Travelbyus or prohibiting the issue and sale of the common shares in the capital of Travelbyus and to the knowledge of Travelbyus the Purchaser and Travelbyus, no such proceedings for such purposes are pending or threatened.