Common use of Resale Restrictions and Legending of Securities Clause in Contracts

Resale Restrictions and Legending of Securities. 7.1 The Subscriber hereby acknowledges and agrees that the Offering is being made pursuant to Exemptions and, as a result, the Securities will be subject to a number of statutory restrictions on resale and trading. Until these restrictions expire, the Subscriber will not be able to sell or trade the Securities unless the Subscriber complies with an exemption from the prospectus and registration requirements under Applicable Securities Laws. In addition to any statutory hold period imposed by Applicable Securities Laws, in general, unless permitted under securities legislation, the Subscriber cannot trade the securities in Canada before the date that is four months and a day after the Closing Date. See also section 7.3 below.

Appears in 2 contracts

Samples: Subscription Agreement (Lexaria Corp.), Subscription Agreement (Lexaria Corp.)

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Resale Restrictions and Legending of Securities. 7.1 The Subscriber hereby acknowledges and agrees that the Offering is being made pursuant to Exemptions and, as a result, the Securities will be subject to a number of statutory restrictions on resale and trading. Until these restrictions expire, the Subscriber will not be able to sell or trade the Securities unless the Subscriber complies with an exemption from the prospectus and registration requirements under Applicable Securities Laws. In addition to any statutory hold period imposed by Applicable Securities Laws, in general, unless permitted under securities legislation, the Subscriber cannot trade the securities in Canada before the date that is four months and a day after the Closing Date. See also section 7.3 belowbelow .

Appears in 1 contract

Samples: Subscription Agreement (Enertopia Corp.)

Resale Restrictions and Legending of Securities. 7.1 6.1 The Subscriber hereby acknowledges and agrees that the Offering is being made pursuant to Exemptions from prospectus and registration requirements under Applicable Securities Laws and, as a result, the Securities will be subject to a number of statutory restrictions on resale and trading. Until these restrictions expire, the Subscriber will not be able to sell or trade the Securities unless the Subscriber complies with an exemption Exemption from the prospectus and registration requirements under Applicable Securities Lawsapplicable securities laws. In addition to any statutory hold period imposed by Applicable Securities Laws, in general, unless permitted under applicable securities legislationlaws, the Subscriber cannot trade the securities in Canada before the date that is four months and a day after the later of the day the Issuer becomes a reporting issuer in a jurisdiction of Canada and the Closing Date. See also section 7.3 below.section

Appears in 1 contract

Samples: Subscription Agreement

Resale Restrictions and Legending of Securities. 7.1 6.1 The Subscriber hereby acknowledges and agrees that the Offering is being made pursuant to Exemptions and, as a result, the Securities will be subject to a number of statutory restrictions on resale and trading. Until these restrictions expire, the Subscriber will not be able to sell or trade the Securities unless the Subscriber complies with an exemption Exemption from the prospectus and registration requirements under Applicable Securities Laws. In addition to any statutory hold period imposed by Applicable Securities Laws, in general, unless permitted under securities legislation, the Subscriber cannot trade the securities Securities in Canada before the date that is four months and a day after the Closing Datedate of the Closing. See also section 7.3 6.3 below.. Schedule A

Appears in 1 contract

Samples: Subscription Agreement (Grown Rogue International Inc.)

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Resale Restrictions and Legending of Securities. 7.1 6.1 The Subscriber hereby acknowledges and agrees that the Offering is being made pursuant to Exemptions and, as a result, the Securities will be subject to a number of statutory restrictions on resale and trading. Until these restrictions expire, the Subscriber will not be able to sell or trade the Securities unless the Subscriber complies with an exemption Exemption from the prospectus and registration requirements under Applicable Securities Laws. In addition to any statutory hold period imposed by Applicable Securities Laws, in general, unless permitted under securities legislation, the Subscriber cannot trade the securities Securities in Canada before the date that is four months and a day after the Closing Datedate of the Closing. See also section 7.3 below.6.3 below​.

Appears in 1 contract

Samples: Subscription Agreement (Grown Rogue International Inc.)

Resale Restrictions and Legending of Securities. 7.1 6.1 The Subscriber hereby acknowledges and agrees that the Offering is being made pursuant to Exemptions and, as a result, the Securities will be subject to a number of statutory restrictions on resale and trading. Until these restrictions restriction expire, the Subscriber will not be able to sell or trade the Securities unless the Subscriber complies with an exemption from the prospectus and registration requirements under Applicable Securities Laws. In addition to any statutory hold period imposed by Applicable Securities Laws, in general, unless permitted under securities legislationApplicable Securities Laws, the Subscriber cannot trade the securities in Canada before the date that is four months and a day after the Closing Datedate of the Closing. In addition to any statutory hold period imposed by Applicable Securities Laws, the Securities will be subject to a hold period imposed by the Exchange of four months and a day after the date of the Closing. See also section 7.3 6.3 below.

Appears in 1 contract

Samples: Subscription Agreement (Siyata Mobile Inc.)

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