Examples of NI 45-102 in a sentence
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.
Permitted activities under subparagraph 7.1(2)(d)(i) also include participating in a resale of securities, where the resale is deemed to be a distribution under National Instrument 45-102 Resale of Securities (NI 45-102).
If the accredited investor wishes to resell the shares to another accredited investor within the four-month restricted period, the resale will be deemed to be a distribution under NI 45-102.
Subsection (1)(b) is cited in Appendix E of National Instrument 45-102 Resale of Securities.First trades are subject to a seasoning period on resale, unless the requirements of section 2.10 of NI 45-102 are met.