Eligibility for Investment. Eligible for RRSPs, RESPs, RRIFs, RDSPs, TFSAs and DPSPs.
Eligibility for Investment. Eligible under the usual Canadian statutes as well as for RRSPs, RESPs, RRIFs, TFSAs and DPSPs.
Eligibility for Investment. The statements set forth in the Prospectus under the headings “Eligibility for Investment” and “Certain Canadian Federal Income Tax Considerations” are accurate, subject to the limitations and qualifications set out therein.
Eligibility for Investment. 14.1 The Corporation covenants that it will obtain confirmation from the Exchange that the Offered Units will be listed on the Exchange as of the Closing Date (the “Confirmation”);
14.2 The Corporation acknowledges that the Agent is relying on the Confirmation with respect to sales of the Offered Units into registered retirement savings plans, registered retirement income funds, deferred profit sharing plans, registered education savings plans, registered disability savings plans and tax-free savings accounts (collectively, the “Plans”) and agrees that, if the Corporation has fulfilled its obligations under Article 14.1 by obtaining a Confirmation and if the Exchange does not issue a bulletin in relation to the listing of the Offered Units at the close of market on the Business Day before the Closing, the Corporation will immediately notify the Agent and Closing may be delayed, at the sole discretion of the Agent.
Eligibility for Investment. The Unit Shares and Warrants will, on the Closing Date, be qualified investments under the Income Tax Act (Canada) and the regulations thereunder, as in effect on the date hereof, as disclosed in the Offering Documents.
Eligibility for Investment. 12.1 The Issuer covenants that it will obtain confirmation from the Exchange that the Shares will be listed on the Exchange by the Closing Day (the “Confirmation”).
12.2 The Issuer acknowledges that the Agent is relying on the Confirmation with respect to sales of the Shares into registered retirement savings plans, registered retirement income funds, deferred profit sharing plans, registered education savings plans, registered disability savings plans and tax-free savings accounts and agrees that, if the Issuer has fulfilled its obligations under Section 12.1 by obtaining a Confirmation and if the Exchange does not issue a bulletin in relation to the listing of the Shares by the close of market on the business day before the Closing, the Issuer will immediately notify the Agent and Closing may be delayed, at the sole discretion of the Agent.
Eligibility for Investment. The Placement Shares will at each Applicable Time qualify as eligible investments as described in the Prospectuses under the heading "Eligibility for Investment" and the Company will not take or permit any action within its control which would cause the Common Shares or Placement Shares to cease to be qualified, during the period of distribution of the Placement Shares, as eligible investments to the extent so described in the Prospectuses.
Eligibility for Investment. 15.1 The Issuer covenants that it will use its best efforts to obtain a letter from the Exchange confirming that the Offered Shares will be listed on the Exchange as of the Closing Date (the “Confirmation Letter”).
15.2 The Issuer acknowledges that the Agent is relying on receipt of the Confirmation Letter with respect to sales of the Offered Shares into registered retirement savings plans, registered retirement income funds, deferred profit sharing plans, registered education savings plans, registered disability savings plans and tax-free savings accounts (collectively, the “Plans”) and agrees that, if the Issuer has fulfilled its obligations under Section 15.1 by obtaining a Confirmation Letter and if the Exchange does not issue a bulletin in relation to the listing of the Offered Shares at the close of market on the Business Day before the Closing, the Issuer will immediately notify the Agent and Closing may be delayed, at the sole discretion of the Agent.
Eligibility for Investment. 13.1 The Issuer covenants that it has applied to list its common shares on the Exchange as of the day before the Closing, which listing shall be followed by an immediate halt in trading of the common shares of the Issuer in order to allow the Issuer to satisfy the conditions of the Exchange and to have the common shares of the Issuer listed and posted for trading prior to the issuance of the Shares on Closing (the “Confirmation”).
13.2 The Issuer acknowledges that the Agent is relying on the Confirmation with respect to sales of the Shares into registered retirement savings plans, registered retirement income funds, deferred profit sharing plans, registered education savings plans, registered disability savings plans and tax-free savings accounts and agrees that, if the Issuer has fulfilled its obligations under Section 13.1 by obtaining a Confirmation and if the Exchange does not issue a bulletin in relation to the listing of the Shares at the time of their issuance on Closing, the Issuer will immediately notify the Agent and Closing may be delayed, at the sole discretion of the Agent.
Eligibility for Investment. 13.1 The Issuer covenants that it will either:
(a) file a public corporation election (the “Election”) as contemplated under the section entitled “Eligibility for Investment” in the Prospectus; or
(b) obtain confirmation from the Exchange that the Shares of the Issuer will be listed on the Exchange as of the Closing Day (the “Confirmation”), provided that, if the filing of the Election is not available to the Issuer, the Issuer covenants to use its commercially reasonable efforts to obtain the Confirmation.
13.2 The Issuer acknowledges that the Agent is relying on either the Confirmation or the Election with respect to sales of the Shares into registered retirement savings plans, registered retirement income funds, deferred profit sharing plans, registered education savings plans, registered disability savings plans and tax-free savings accounts (collectively, the “Plans”) and agrees that, if
(a) the Issuer has fulfilled its obligations under Section 13.1 by obtaining a Confirmation and if the Exchange does not issue a bulletin in relation to the listing of the Shares at the close of market on the business day before the Closing, the Issuer will immediately notify the Agent and Closing may be delayed, at the sole discretion of the Agent; or
(b) the Issuer has fulfilled, or intends to fulfill, its obligations under Section 13.1 by filing an Election and if the Issuer does not make a valid Election in the manner contemplated in the Prospectus, the Issuer agrees to indemnify the Agent for any and all expenses, losses, fees, claims, actions, damages, obligations and liabilities, including the reasonable fees and expenses of its counsel, the Agent incurs in connection with any claims against the Agent in relation to penalties assessed by the Canada Revenue Agency against purchasers under the Offering, or the annuitants or holders of such purchasers under the Offering, as a result of the Shares not constituting a “qualified investment” for each of the Plans as defined in the Income Tax Act (Canada).
