Securities Legislation Sample Clauses

Securities Legislation. The Corporation is a private issuer within the meaning of the Securities Act (British Columbia) and the sale of the Corporation Shares by the Shareholders to the Purchaser is made in compliance with the exempt takeover-bid provisions of such Act.
AutoNDA by SimpleDocs
Securities Legislation. Issuer is a "reporting issuer" in Ontario and ----------------------- is not in default under applicable securities legislation in such province. In particular, without limiting the foregoing, Issuer is in compliance with its obligations to make timely disclosure of all material changes relating to it and since the end of the Issuer's last completed fiscal year (other than in respect of material change reports filed on a confidential basis and thereafter made public or material change reports filed on a confidential basis and in respect of which the material change never came to fruition) no such disclosure has been made on a confidential basis and there is no material change relating to Issuer which has occurred and with respect to which the requisite material change statement has not been filed, except to the extent that this Agreement constitutes a material change. Issuer is not in default of any requirements of such securities legislation, and the issuance of the Shares and the Warrant to AOL will be made in compliance with all applicable Canadian securities legislation. Subject to the filing of a Form 27, Material Change Report and a press release following the execution hereof and the Closing, the issuance of the Shares and Warrant to AOL, and any subsequent exercise of rights under the Warrant, will not result in any contravention of any applicable Canadian securities legislation or the regulations thereunder (subject to filings required on Warrant exercise). The issuance of the Shares and the Warrant is exempt from the registration and prospectus requirements of securities legislation of the Province of Ontario and no prospectus will be required and no other document must be filed, proceeding taken or approval obtained in Ontario to permit the offering, issue, sale and delivery of the Shares and the Warrant to AOL or for the exercise of the Warrant other than the filing of those private placement reports, undertakings and questionnaires referred to above.
Securities Legislation. The Company is not a “reporting issuer” within the meaning of and the sale of the Shares by the Sellers to the Buyer complies with all applicable Canadian securities legislation.
Securities Legislation. The Corporation is a "private issuer" as that term is defined in National Instrument 45-106. (eee)
Securities Legislation. AskMen is a “closed-company” within the meaning of the Securities Act (Quebec) and the issue and sale by AskMen of its shares to its shareholders did not contravene its constating documents and was not made by way of a public distribution.
AutoNDA by SimpleDocs
Securities Legislation. Securities Legislation" shall mean all securities legislation applicable to any of the transactions contemplated by this Agreement pursuant to U.S. or Canadian federal, state or provincial laws.
Securities Legislation. The issuance of the Purchased Shares to the Buyer will be made in compliance with the prospectus and registration exemptions (including but not limited to the “Minimum Investment Amount” exemption provided under section 2.10 of National Instrument 45-106 or as an “accredited investor” as described in section 1.1 of National Instrument 45-106) or otherwise in accordance with Applicable Law.
Securities Legislation. 724 is a private company within the meaning of the SECURITIES ACT (Ontario) and the sale of the Common Shares and the issuance of the 1998 Shares to BMO will be made in compliance with all applicable securities legislation.
Time is Money Join Law Insider Premium to draft better contracts faster.