Examples of NI 45-102 in a sentence
Accordingly, the NI 45-102 Exemption is not available to facilitate the sale of the Subject Shares.
Except for the requirements set out in subsections 2.14(l)(b) and 2.14(2)(c) of NI 45-102, all applicable conditions to the resale of the Rubicon Shares issued under the Plan of Arrangement in exchange for Chango Common Shares or issuable from time to time upon exercise of Replacement Options or settlement of Rubicon RSUs issued in connection with the Transaction contained in section 2.14 of NI 45-102 will be satisfied.
First trades are subject to a seasoning period on resale, unless the requirements of section 2.10 of NI 45-102 are met.
While NI 45-106 contains text boxes providing commentary on resale, these text boxes are intended as guidance only and are not a substitute for reviewing the applicable provisions in NI 45-102 to determine what resale restrictions, if any, apply to the securities in question.
Pursuant to NI 45-102, securities of an issuer issued prior to an initial public offering are either subject to a “seasoning period” lasting four months from the date an issuer becomes a reporting issuer, or both a seasoning period and a “restricted period” of four months from the date of distribution of the securities.