prospectus requirement definition
prospectus requirement means the requirement in securities legislation that prohibits a person or company from distributing a security unless a preliminary prospectus and prospectus for the security have been filed and the regulator has issued receipts for them;
prospectus requirement means the prohibition in securities legislation from a person or company distributing a security unless a preliminary prospectus and prospectus for the distribution have been filed and receipts obtained for them;
prospectus requirement means sections 53 and 62. 2009, c. 18, Sched. 26, s. 11.
More Definitions of prospectus requirement
prospectus requirement means the requirement in the Act that prohibits a person or company from distributing a security unless a preliminary prospectus and a prospectus for the security have been filed and the Executive Director has issued receipts for them;
prospectus requirement means the requirement in securities legislation that prohibits a person or company from distributing a security unless a preliminary prospectus
prospectus requirement as used in paragraphs 9 through 12 below means the requirement in the Applicable Securities Laws that prohibits a person or company from distributing a security unless a preliminary prospectus and prospectus for the security have been filed and delivered and receipts obtained for them. Our opinions set out in paragraphs 13 and 14 below are subject to the assumption that the first trades referred to therein do not constitute a transaction or series of transactions involving a purchase and sale or a repurchase and resale in the course of or incidental to a distribution, as defined in the Applicable Securities Laws. For the purposes of our opinion set out in paragraph 15 below, with your permission we have relied exclusively on, with respect to the province of: (i) Québec, a “List of Reporting Issuers” available to the public on an internet site maintained by the Autorité des marchés financiers (the “AMF”); (ii) Ontario, a “Reporting Issuer List” available to the public on an internet site maintained by the Ontario Securities Commission (the “OSC”); (iii) Alberta, a “Reporting Issuer List” available to the public on an internet site maintained by the Alberta Securities Commission (the “ASC”); and (iv) British Columbia, an “Issuers in Default” list available to the public on an internet site maintained by the British Columbia Securities Commission (the “BCSC”); in all of the foregoing cases as of the close of business on October 26, 2009, which lists we assume are, and continue to be, accurate, and have made no independent investigation or examination with respect to such matters. For the purposes of our opinion set out in paragraph 16 below, we have relied with your permission on the TSXV Letter with respect to the conditional listing on the TSXV of the Unit Shares, Warrant Shares, Agent Shares and Agent Warrant Shares and have made no independent investigation or examination with respect to such matters. Based upon and relying on the foregoing and subject to the qualifications hereinafter expressed, we are of the opinion that:
prospectus requirement means the provision of subsection 53(1) of the OSA, and the equivalent provisions of the securities legislation in the non-principal jurisdictions and the general prospectus requirements stipulated in NI 41-101, that prohibits a person or company from trading in a security unless the person or company satisfies the requirements of section 53 of the OSA and NI 41-101; and
prospectus requirement means the requirement in securities legislation that prohibits a person or company from distributing a security unless a preliminary prospectus and prospectus for the security have been filed and receipts obtained for them; (exigence de prospectus)