Share Qualification Sample Clauses
The Share Qualification clause defines the criteria or conditions that shares must meet to be eligible for certain rights or actions under an agreement. Typically, this clause specifies requirements such as minimum shareholding amounts, duration of ownership, or compliance with specific regulations. For example, only shareholders who have held a certain number of shares for a set period may be entitled to vote or receive dividends. The core function of this clause is to ensure that only qualified shareholders can exercise particular rights, thereby maintaining fairness and preventing abuse by short-term or ineligible holders.
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Share Qualification. A Director shall not require a share qualification.
Share Qualification. SEI warrants that the Trust agrees to take or cause to be taken all requisite steps to qualify the Shares for sale in all states in which the Shares shall at the time be offered for sale and require qualification. If SEI receives notice of any stop order or other proceeding in any such state affecting such qualification or the sale of Shares, or of any stop order or other proceeding under the federal securities laws affecting the sale of Shares, SEI will give prompt notice thereof to UMBFS.
Share Qualification. The Trust agrees to take or cause to be taken all requisite steps to qualify the Shares for sale in all states in which the Shares shall at the time be offered for sale and require qualification. If the Trust receives notice of any stop order or other proceeding in any such state affecting such qualification or the sale of Shares, or of any stop order or other proceeding under the federal securities laws affecting the sale of Shares, the Trust will give prompt notice thereof to UMBFS.
Share Qualification. The Company agrees to take or cause to be taken all requisite steps to qualify the Shares for sale in all states in which the Shares shall at the time be offered for sale and require qualification. If the Company receives notice of any stop order or other proceeding in any such state affecting such qualification or the sale of Shares, or of any stop order or other proceeding under the federal securities laws affecting the sale of Shares, the Company will give prompt notice thereof to UMBFS.
Share Qualification. The Fund agrees to take or cause to be taken all requisite steps to qualify the Shares for sale in all states in which the Shares shall at the time be offered for sale and require qualification. If the Fund receives notice of any stop order or other proceeding in any such state affecting such qualification or the sale of Shares, or of any stop order or other proceeding under the federal securities laws affecting the sale of Shares, the Fund will give prompt notice thereof to UMBFS.
Share Qualification. The Corporation agrees to take or cause to be taken all requisite steps to qualify the Shares for sale in all states in which the Shares shall at the time be offered for sale and require qualification. If the Corporation receives notice of any stop order or other proceeding in any such state affecting such qualification or the sale of Shares, or of any stop order or other proceeding under the federal securities laws affecting the sale of Shares, the Corporation will give prompt notice thereof to UMBFS.
Share Qualification. A Director shall not be required to hold any shares of the Company by way of qualification. A Director who is not a member of the Company shall nevertheless be entitled to receive notice of, attend and speak at shareholders’ meetings.
Share Qualification. If at any time any order, ruling, registration, notice or filing pursuant to any securities laws of Canada or any province thereof is required to ensure that any Shares issuable upon the exercise of any Warrants, in each case on any date following the date four months following the date hereof, are issued in compliance with all such laws or to ensure that any such Shares, once issued, are not subject to any general restriction as to the resale thereof under the securities laws of any province of Canada, the Borrower must take all such action as may be necessary to make or obtain such order, ruling, registration or filing, or give such notice as the case may be.
Share Qualification. If at any time any order, ruling, registration, notice or filing pursuant to any securities laws of Canada or any province thereof is required to ensure that any Shares issuable upon the conversion of capitalised interest or upon the exercise of any Warrants, in each case on any date following the date four months following the date hereof, are issued in compliance with all such laws or to ensure that any such Shares, once issued, are not subject to any general restriction as to the resale thereof under the securities laws of any province of Canada, the Borrower must take all such action as may be necessary to make or obtain such order, ruling, registration or filing, or give such notice as the case may be. The Borrower shall promptly file a Form 45-106F1 with the Ontario Securities Commission no later than the date which is 10 days following the date hereof reporting the issuance to the applicable Financier of the conversion rights hereunder and the issuance of the Warrants and shall pay all related filing and reporting fees.
Share Qualification. The Company agrees to take or cause to be taken -------------------- all requisite steps to qualify the Shares for sale in all states in which the Shares shall at the time be offered for sale and require qualification. If the Company receives notice of any stop order or other proceeding in any such state affecting such qualification or the sale of Shares, or of any stop order or other proceeding under the federal securities laws affecting the sale of Shares, the Company will give prompt notice thereof to Sunstone.