Common use of Evidence of Financial Ability Clause in Contracts

Evidence of Financial Ability. Each of the Standby Guarantors will provide to the Company such evidence as may be required by the applicable Regulatory Authorities that the Guarantor has the financial ability to carry out the “stand-by commitment” (as defined under NI 41-101) constituted by this Agreement, as required under Part 8A of NI 41-101.

Appears in 2 contracts

Samples: Standby Guarantee Agreement (Clay Thomas Moragne), Standby Guarantee Agreement (Golden Queen Mining Co LTD)

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Evidence of Financial Ability. Each of the Standby Guarantors will provide to the Company such evidence as may be required by the applicable Regulatory Authorities that the Guarantor has the financial ability to carry out the "stand-by commitment" (as defined under NI 4145-101) constituted by this Agreement, as required under Part 8A 6 of NI 4145-101.

Appears in 1 contract

Samples: Standby Guarantee Agreement (Imperial Metals Corp)

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Evidence of Financial Ability. Each of the The Standby Guarantors Guarantor will provide to the Company such evidence as may be required by the applicable Regulatory Authorities that the Standby Guarantor has the financial ability to carry out the "stand-by commitment" (as defined under NI 4145-101) constituted by this Agreement, as required under Part 8A 6 of NI 4145-101.

Appears in 1 contract

Samples: Standby Guarantee Agreement (Mountain Province Diamonds Inc.)

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