Contents of Circular. The Parties shall ensure that the Circular complies in material respects with applicable Laws, does not contain any Misrepresentation (as it relates to the disclosure of such Party) and provides the Xanthic Shareholders with sufficient information to permit them to form a reasoned judgement concerning the matters to be placed before the Xanthic Meeting. The Parties shall give each other and their respective legal counsel a reasonable opportunity to review and comment on drafts of the Circular and other related documents, and shall give reasonable consideration to any comments made by the other Party and its counsel. GGB and Xanthic shall each provide all necessary information concerning them that is required by Law to be included by each of them in the Circular, and shall use their best efforts to ensure that information in the Circular (as it relates to the disclosure of such Party) does not contain any Misrepresentation. Each Party shall promptly notify the other Party if it becomes aware that the Circular contains any Misrepresentation (as it relates to the disclosure of such Party) or otherwise requires an amendment or supplement. The Circular shall provide for Xanthic: (i) amending its articles of incorporation or take such other actions as may be required under the OBCA to change its name to “Green Growth Brands Ltd.” (the “Resulting Issuer”) and (ii) effecting such other items of special business as may be mutually agreed upon by the Parties. The Parties shall co-operate in the preparation of any such amendment or supplement as required or appropriate, and the Parties shall, as required by applicable Laws, promptly file on SEDAR and mail or otherwise publicly disseminate any such amendment or supplement to the Xanthic Shareholders and, if required by Law, file the same with any other Governmental Entity as required.
Contents of Circular. The Parties shall ensure that the Circular complies in material respects with Law, does not contain any Misrepresentation and provides the Aphria Shareholders and the Black Sparrow Shareholders with sufficient information to permit them to form a reasoned judgement concerning the matters to be placed before the Aphria Meeting and the Black Sparrow Meeting. The Parties shall give each other and their respective legal counsel a reasonable opportunity to review and comment on drafts of the Circular and other related documents, and shall give reasonable consideration to any comments made by the other Party and its counsel. Aphria and Black Sparrow shall each provide all necessary information concerning them that is required by Law to be included by each of them in the Circular, and shall use their best efforts to ensure that such information does not contain any Misrepresentation. Each Party shall promptly notify the other Party if it becomes aware that the Circular contains a Misrepresentation, or otherwise requires an amendment or supplement. The Parties shall co-operate in the preparation of any such amendment or supplement as required or appropriate, and the Parties shall, as required by applicable Laws, promptly file on SEDAR and mail or otherwise publicly disseminate any such amendment or supplement to the Aphria Shareholders and the Black Sparrow Shareholders and, if required by Law, file the same with any other Governmental Entity as required.
