Common use of Consolidation and Amalgamation Clause in Contracts

Consolidation and Amalgamation. (a) At any time it’s Common Shares are listed on the CSE, the Company shall not enter into any transaction whereby all or substantially all of its undertaking, property and assets would become the property of any other corporation (herein called a “successor corporation”) whether by way of reorganization, reconstruction, consolidation, amalgamation, merger, plan of arrangement, transfer, sale, disposition or otherwise, unless prior to or contemporaneously with the consummation of such transaction the Company and the successor corporation shall have executed such instruments and done such things as the Company, acting reasonably, considers necessary or advisable to establish that upon the consummation of such transaction:

Appears in 5 contracts

Samples: Subscription Agreement, Subscription Agreement, Subscription Agreement

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