Common use of Actively Traded Security Clause in Contracts

Actively Traded Security. The Company shall notify the Agents at any time the Common Shares become an "actively traded security" exempted from the requirements of Rule 101 of Regulation M under the Exchange Act by subsection (c)(1) of such rule. Furthermore, the Company shall notify the Agents immediately if the Common Shares, having once qualified for such exemption, cease to so qualify.

Appears in 3 contracts

Samples: Equity Distribution Agreement (Vizsla Silver Corp.), Equity Distribution Agreement (HIVE Digital Technologies Ltd.), Equity Distribution Agreement (HIVE Digital Technologies Ltd.)

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Actively Traded Security. The Company shall notify the Agents at any time the Common Shares become an "actively traded security" exempted from the requirements of Rule 101 of Regulation M under the Exchange Act by subsection (c)(1) of such rule. Furthermore, the Company shall notify the Agents immediately if the Common Shares, having once qualified for such exemption, cease to so qualify.

Appears in 2 contracts

Samples: Equity Distribution Agreement (Hut 8 Mining Corp.), Equity Distribution Agreement (Cardiol Therapeutics Inc.)

Actively Traded Security. The Company shall notify If, at the Agents at any time of execution of this Agreement, the Company’s Common Shares become are not an "actively traded security" exempted from the requirements of Rule 101 of Regulation M under the Exchange Act by subsection (c)(1) of such rule, the Company shall notify the Agents at the time the Common Shares becomes an “actively traded security” under such rule. Furthermore, the Company shall notify the Agents immediately if the Common Shares, having once qualified for such exemption, cease ceases to so qualify.

Appears in 2 contracts

Samples: Equity Distribution Agreement (Docebo Inc.), Equity Distribution Agreement (Sundial Growers Inc.)

Actively Traded Security. The Company shall notify the Agents at any time the Common Shares become an "actively “actively-traded security" exempted from the requirements of Rule 101 of Regulation M under the Exchange Act by subsection (c)(1) of such rule. Furthermore, the Company shall notify the Agents immediately by an email addressed to each of the respective individuals from each of the Agents set forth on Schedule 1 attached hereto if the Common Shares, Shares having once qualified for such exemption, cease to so qualify.

Appears in 2 contracts

Samples: Equity Distribution Agreement (Electra Battery Materials Corp), Equity Distribution Agreement (B2gold Corp)

Actively Traded Security. The Company shall notify the Agents at any time the Common Shares become becomes an "actively traded security" exempted from the requirements of Rule 101 of Regulation M under the Exchange Act by subsection (c)(1) of such rule. Furthermore, the Company shall notify the Agents immediately if the Common Shares, having once qualified for such exemption, cease ceases to so qualify.

Appears in 1 contract

Samples: Equity Distribution Agreement (Quipt Home Medical Corp.)

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Actively Traded Security. The Company shall notify the Agents Agent at any time the Common Shares become an "actively traded security" exempted from the requirements of Rule 101 of Regulation M under the Exchange Act by subsection (c)(1) of such rule. Furthermore, the Company shall notify the Agents Agent immediately if the Common Shares, having once qualified for such exemption, cease to so qualify.

Appears in 1 contract

Samples: Equity Distribution Agreement (Reunion Neuroscience Inc.)

Actively Traded Security. The Company shall notify the Agents at any time immediately if the Common Shares become cease to qualify as an "actively “actively-traded security" exempted from the requirements of Rule 101 of Regulation M under the Exchange Act by subsection (c)(1) of such rule. Furthermore, rule and the Company sales shall notify be suspended until that or other exemptive provisions have been satisfied in the Agents immediately if the Common Shares, having once qualified for such exemption, cease to so qualifyjudgment of each party.

Appears in 1 contract

Samples: Sales Agreement (Standard Lithium Ltd.)

Actively Traded Security. The Company shall notify If, at the Agents at any time of execution of this Agreement, the Company’s Common Shares become are not an "actively traded security" exempted from the requirements of Rule 101 of Regulation M under the Exchange Act by subsection (c)(1) of such rule, the Company shall notify the Agents at the time the Common Shares become an “actively traded security” under such rule. Furthermore, the Company shall notify the Agents immediately if the Common Shares, having once qualified for such exemption, cease to so qualify.

Appears in 1 contract

Samples: Equity Distribution Agreement (Dynatronics Corp)

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