NI 45-102 definition

NI 45-102 means National Instrument 45-102 - Resale of Securities;
NI 45-102 means National Instrument 45-102 – Resale of Securities.
NI 45-102 means National Instrument 45-102 – Resale of Securities of the Canadian Securities Administrators;

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.


More Definitions of NI 45-102

NI 45-102 means National Instrument 45-102 – Resale of Securities;
NI 45-102 means National Instrument 45-102 Resale of Securities;
NI 45-102 means National Instrument 45-102 – Resale of Securities, of the Canadian Securities Administrators.
NI 45-102 means National Instrument 45-102 (Resale of Securities), as adopted by the Canadian Securities Administrators, as it may be amended, replaced or superseded from time to time;
NI 45-102 means the National Instrument 45-102 entitled "Resale of Securities" published by the Canadian Securities Administrators;
NI 45-102 means National Instrument 45-102 entitled “Resale of Securities” published by the Canadian Securities Administrators;
NI 45-102 means National Instrument 45-102 “Resale of Securities” promulgated by the Canadian Securities Administrators;