MRRS definition

MRRS means the mutual reliance review system established under National Policy 43-201;

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MRRS means the mutual reliance review system procedures provided for under National Policy 43-201 "Mutual Reliance Review System for Prospectuses and Annual Information Forms" among the securities commissions and other securities regulatory authorities in each of the provinces and territories of Canada;

MRRS means the Mutual Reliance Review System established by the MOU;

Examples of MRRS in a sentence

• The Company has obtained a preliminary MRRS decision document issued by the OSC, in its capacity as principal regulator under MRRS, evidencing that preliminary receipts of the Canadian Securities Commissions in each of the Canadian Qualifying Jurisdictions have been issued in respect of the Canadian Preliminary Prospectus.

• The Corporation covenants and agrees with the Canadian Underwriters that as soon as practicable, it will prepare (subject to review by the Canadian Underwriters) and file with the Qualifying Authorities, the Final Prospectus, together with the required supporting documents, and use its reasonable best efforts to obtain the MRRS Decision Document from such Qualifying Authorities in order to qualify the distribution of the Securities.

• Such funds shall be released at the Closing in accordance with Section 12 of this Agreement, provided that if the minimum offering amount of US$24,999,999.75 has not been subscribed for prior to the date that is 90 days following the issuance of the Final MRRS Decision Document, then the Lead Agent shall promptly return such funds to the subscribers without interest or deduction unless such subscribers have instructed the Lead Agent otherwise.

• The mutual reliance procedures are described in the MRRS Policy and the MRRS ERA Policy.

• Without limiting the generality of the foregoing, these legal requirements include the filing of the Preliminary Prospectus, the Prospectus and other related documents and the obtaining of appropriate MRRS Decision Documents and advising the Lead Underwriter and counsel for the Underwriters that such MRRS Decision Documents have been obtained.

More Definitions of MRRS

MRRS means the Mutual Reliance Review System;

MRRS means National Policy 43-201 — Mutual Reliance Review System for Prospectus and Annual Information Forms of the Canadian Securities Administrators, as such policy may be amended or supplemented from time to time, or any similar instrument, rule or regulation hereafter adopted by the Canadian Securities Administrators having substantially the same effect as such instrument.

MRRS has the meaning set forth in Section 1(a) hereof.

MRRS means the mutual reliance review system procedures provided for under NP 43-201;

MRRS means the mutual reliance review system procedures provided for under National Policy 43-201 - Mutual Reliance Review System for Prospectuses and Annual Information Forms. "Preliminary U.S. Prospectus" shall mean any preliminary prospectus referred to in paragraph l(i)(a) above and any preliminary prospectus included in the Registration Statement at the Effective Date that omits Rule 430A Information.

MRRS means National Policy 43-201 -- Mutual Reliance Review System for Prospectus and Annual Information Forms of the Canadian Securities Administrators, as such policy may be amended or supplemented from time to time, or any similar instrument, rule or regulation hereafter adopted by the Canadian Securities Administrators having substantially the same effect as such instrument.

MRRS means the review system for applications and filings made in more than one jurisdiction in Canada known as the Mutual Reliance Review System established by Memorandum of Understanding dated October 14, 1999;