Examples of NI 45-102 in a sentence
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.
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).
Section 2.8 of National Instrument 45-102 Resale of Securities provides an exemption from the Prospectus Requirement for a Distribution From Control if the control person files a Form 45-102F1 Notice of Intention to Distribute Securities under Section 2.8 of NI 45-102 Resale of Securities (Notice of Intention to Distribute) at least seven days before the first trade occurs.