Exchange Policy 5.3 definition

Exchange Policy 5.3 means Policy 5.3 of the TSX Venture Exchange Corporate Finance Manual entitled “Acquisitions and Dispositions of Non-cash Assets”;
Sample 1
Exchange Policy 5.3 means the Exchange Policy 5.3 - Acquisition and Disposition of Non-Cash Assets;
Sample 1

Examples of Exchange Policy 5.3 in a sentence

  • TDG intends to file the acquisition with the TSX Venture Exchange (the “Exchange”) as a Fundamental Acquisition and, as such, the acquisition is subject to Exchange review and approval per Exchange Policy 5.3. The LOI is non-binding, and investors are cautioned that there is no guarantee that the Company will enter into a binding agreement in respect of, or ultimately complete, the proposed acquisition.

  • Completion of the Assignment and the Financing are expected to occur in November 2020 and are subject to satisfaction of a number of customary conditions precedent, including, without limitation, the acceptance of the TSX Venture Exchange (the “Exchange”) and the satisfaction of any conditions which the Exchange may impose, including those applicable to Fundamental Acquisitions (as such term is defined in Exchange Policy 5.3).

  • Final acceptance from the Exchange is subject to the Corporation obtaining Shareholder approval of the Disposition pursuant to Exchange Policy 5.3 – Acquisitions and Dispositions of Non-Cash Assets (“Exchange Policy 5.3”).

  • Pursuant to Exchange Policy 5.3, the Corporation must obtain Shareholder approval in accordance with the requirements of Exchange Policy 5.9, which is described above under “Approval Required Under MI 61-101”.

  • The Transaction is considered a "Reviewable Transaction" as defined in Exchange Policy 5.3. The Company plans to complete the Arm's Length Acquisition, and thereby initially acquire 50% of PCG, immediately upon receipt of Exchange approval.The Silva Acquisition will be subject to the Company obtaining approval from the disinterested shareholders of the Company pursuant to Exchange requirements, since the Consideration Shares will represent more than 10% of the Company's outstanding shares prior to closing.

Related to Exchange Policy 5.3

  • exchange policy means Exchange Policy 4.6 - Public Offering by Short Form Offering Document and Exchange Form 4H - Short Form Offering Document, of the TSX Venture Exchange as amended from time to time;

  • Exchange Policies means the policies, bylaws, rules and regulations of the Exchange governing the granting of options by the Company, as amended from time to time;

  • CHESS Approved Securities means securities of the Company for which CHESS approval has been given in accordance with the ASX Settlement Operating Rules;

  • Fundamental Policies means the investment policies and restrictions as set forth from time to time in any Prospectus or contained in any current Registration Statement of the Trust filed with the Commission or as otherwise adopted by the Trustees and the Shareholders in accordance with the requirements of the 1940 Act and designated as fundamental policies therein as they may be amended from time to time in accordance with the requirements of the 1940 Act.

  • Exchange Agreements means the GSK Exchange Agreement, the Pfizer Exchange Agreement and the SLP Exchange Agreement;

  • Exchange Access means as defined in the Act.

  • Underlying Common Stock means the Common Stock into which the Notes are convertible or issued upon any such conversion.

  • Cash Merger Consideration has the meaning set forth in Section 2.2(a).

  • Exchange Program means a program under which (i) outstanding Awards are surrendered or cancelled in exchange for Awards of the same type (which may have higher or lower exercise prices and different terms), Awards of a different type, and/or cash, (ii) Participants would have the opportunity to transfer any outstanding Awards to a financial institution or other person or entity selected by the Administrator, and/or (iii) the exercise price of an outstanding Award is reduced or increased. The Administrator will determine the terms and conditions of any Exchange Program in its sole discretion.

  • Exchange Value is the adjusted appraised value of the Property which takes into consideration various factors to balance the business value of the Property within its present ownership structure.

  • Personal Securities Transactions means any transaction in a Security pursuant to which an Access Person would have a Beneficial Ownership interest with the exception of obligations of the U.S. Government, bankers’ acceptances, bank certificates of deposit, money market fund shares, commercial paper, high quality short-term debt instruments and registered open-end investment companies, none of which are funds advised or sub-advised by the Firm.

  • Parent Equity Plans means all employee and director equity incentive plans of Parent and agreements for equity awards in respect of Parent Common Stock granted under the inducement grant exception.

  • Exchange Business Day means any Scheduled Trading Day on which the Exchange and each Related Exchange are open for trading during their respective regular trading sessions, notwithstanding any such Exchange or Related Exchange closing prior to its Scheduled Closing Time.

  • Aggregate Merger Consideration has the meaning set forth in Section 2.1(a).

  • Stock Consideration has the meaning set forth in Section 2.01(c).

  • Standard Listing Conditions has the meaning ascribed thereto in subsection 5(a)(v) hereof;

  • Specified Conditions means, at any time of determination thereof, (a) no Incremental Term Loans in the form of an institutional term loan B facility have been issued and are outstanding pursuant to Section 2.20 of the Credit Agreement and (b) (i) the Company’s “corporate credit rating” from S&P (or such other term as S&P may from time to time use to describe the Company’s senior unsecured non-credit enhanced long term indebtedness, such rating, the “S&P Rating”) shall be at least BBB- (with a stable outlook) and the Company’s “corporate family rating” from Xxxxx’x (or such other term as Xxxxx’x may from time to time use to describe the Company’s senior unsecured non-credit enhanced long term indebtedness, such rating, the “Xxxxx’x Rating”) shall be at least Baa3 (with a stable outlook) or (ii) (x) the Company’s S&P Rating shall be at least BBB- (with a stable outlook) or the Company’s Xxxxx’x Rating shall be at least Baa3 (with a stable outlook) and (y) the Leverage Ratio is less than or equal to 2.50 to 1.00.

  • Approved Stock Exchange means the New York Stock Exchange, NASDAQ or such other stock exchange in the United States of America, the United Kingdom or Hong Kong as is approved in writing by the Facility Agent or, in each case, any successor thereto.

  • Common Stock Consideration has the meaning set forth in Section 1.6(b).

  • Exchange Consideration shall have the meaning set forth in Section 11(b)(i).

  • Title Insurance Policy A title insurance policy maintained with respect to a Mortgage Loan.

  • Closing Merger Consideration has the meaning set forth in Section 2.02

  • Base Merger Consideration has the meaning set forth in Section 3.1(a).

  • Option Exchange Program means a program whereby outstanding Options are surrendered in exchange for Options with a lower exercise price.

  • Merger Consideration has the meaning set forth in Section 3.1(a).

  • Company Stock Certificate shall have the meaning set forth in Section 1.6.