Triple Flag definition
Examples of Triple Flag in a sentence
The Company, Triple Flag Mining E▇▇▇▇▇▇ and Management Co-Invest LP (“Co-Invest LP”) and Co-Invest Luxco entered into an investor rights agreement made as of May 26, 2021 (the “Investor Rights Agreement”) regarding the rights of Co-Invest LP and Co-Invest Luxco as shareholders of the Company.
The Company hereby acknowledges that the Company Termination Payment is a payment of liquidated damages which are a genuine pre-estimate of the damages which Triple Flag will suffer or incur as a result of the event giving rise to such damages and the resultant non-completion of the Arrangement and are not penalties.
Triple Flag acknowledges and agrees that the Pre-Acquisition Reorganization shall be disregarded in determining whether a representation, warranty or covenant of the Company hereunder has been breached.
Upon receipt of such notice, Triple Flag and the Company shall work co-operatively and use their commercially reasonable efforts to prepare prior to the Effective Time all documentation necessary and do all such other acts and things as are necessary to give effect to such Pre-Acquisition Reorganization, including effecting any necessary amendments to the Plan of Arrangement, if any, to the extent permitted by the Plan of Arrangement or this Agreement.
Triple Flag maintains a system of internal control over financial reporting (as such term is defined in NI 52-109) that is designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with IFRS.
Triple Flag and the Company agree that the Arrangement will be implemented in accordance with, and subject to the terms and conditions contained in, this Agreement and the Plan of Arrangement.
Triple Flag has filed with the Securities Authorities, the SEC, the TSX, the NYSE and all applicable self-regulatory authorities a true and complete copy of all forms, reports, schedules, statements, certifications, material change reports and other documents required to be filed by it.
The Company shall cooperate and collaborate with Triple Flag with respect to documentation required to be prepared in connection with such filings and the Company’s costs of such cooperation and collaboration shall be borne by the Company.
Triple Flag and its counsel shall be given a reasonable opportunity to review and comment on the form and content of any such press release.
Except as disclosed in the Triple Flag Disclosure Letter, no Person has any agreement or option or any right or privilege capable of becoming an agreement or option for the purchase, assignment or acquisition, in whole or in part, of any interest in any Triple Flag Royalty and Stream Interest with a value in excess of $1,000,000.