Disclosure during Distribution Sample Clauses
Disclosure during Distribution. During the period of distribution of the Securities, the Company shall promptly notify the Representatives, in writing, with full particulars, of:
(i) any change (actual, contemplated or threatened) in the business, affairs, operations, assets, liabilities (contingent or otherwise), capital or ownership of the Company and its Subsidiaries (taken together, as a single enterprise); or
(ii) any change in any matter covered by a statement contained or incorporated by reference in the Registration Statement, the U.S. Prospectus or the Canadian Prospectus; which change is, or may be, of such a nature as to render any such document misleading or untrue in any material respect or would result in any of such documents containing a misrepresentation or which would result in any of such documents not complying in any material respect with the 1933 Act or Canadian Securities Laws or which change would reasonably be expected to have a significant effect on the market price or value of the Initial Securities and/or the Option Securities. The Company shall in good faith discuss with the Underwriters any change in circumstances (actual or proposed within the knowledge of the Company) which is of such a nature that there is reasonable doubt whether notice need be given to the Underwriters pursuant to this Section and, in any event, prior to making any filing referred to in Section 3(b).
