Flow-Through Shares Sample Clauses

Flow-Through Shares to the extent that such Equity Financing involves the issuance of common shares in the Company that will be issued as “flow-through shares” (as defined in subsection 66(15) of the Income Tax Act (Canada)), at a price per share that reflects a premium associated with a flow-through designation, and the Investor elects to participate in such offering, the Company agrees to negotiate in good faith the price at which such flow-through shares will be issued to the Investor, taking into consideration that any benefits received by a purchaser of flow-through shares will not be received by the Investor;
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Flow-Through Shares. But for any agreement, arrangement, undertaking obligation or understanding to which the Company is not a party and of which it has no knowledge, upon issue, the Flow-Through Shares will be “flow-through shares” as defined in subsection 66(15) of the Tax Act and not “prescribed shares” for the purposes of section 6202.1 of the regulations to the Tax Act. Neither the Company nor any Material Subsidiaries has been a party to any other agreement for the issuance of flow-through shares for which the required expenditures have not been incurred and renounced.
Flow-Through Shares. Upon issue, the Flow-Through Shares will be "flow-through shares" as defined in subsection 66(15) of the Tax Act and are not and will not be prescribed shares within the meaning of section 6202.1 of the regulations to the Tax Act.
Flow-Through Shares. The Corporation hereby covenants with the Agent and the Purchasers of the Flow-Through Shares that:
Flow-Through Shares. Following receipt by the Corporation of the aggregate purchase price for the Flow-Through Shares of $0.39 per Flow-Through Share from the Purchaser and on acceptance of this Agreement by the Corporation, the Corporation will issue to the Purchaser the number of Flow-Through Shares subscribed and paid for by the Purchaser.
Flow-Through Shares. (A) Except as a result of any agreement, arrangement, undertaking or understanding to which the Corporation is not a party and of which it has no knowledge, upon issue the Flow-Through Shares will be “flow-through shares” as defined in subsection 66(15) of the Tax Act and section 359.1 of the Québec Tax Act and will not be “prescribed shares” within the meaning of section 6202.1 of the regulations to the Tax Act and sections 359.1R2 to 359.1R7 of the regulations to the Québec Tax Act.
Flow-Through Shares. On Closing, and upon receipt by the Issuer from each Purchaser of such Purchaser's full Commitment Amount, the Issuer will issue to such Purchaser such Offered Securities.
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Flow-Through Shares. Upon issue, the Purchased Securities of eachPurchaser will be “flow-through shares” as defined in subsection 66(15) of the Tax Act andare not and will not be “prescribed shares” within the meaning of section 6202.1 of the regulations to the Tax Act. The Issuer does not have and will not have prior to the Termination Date a Prescribed Relationship with any Purchaser or, if a Purchaser is a partnership, any partner or limited partner of such partnership.
Flow-Through Shares. Following receipt by the Issuer of the Commitment Amount from the Purchaser and on acceptance of this Agreement by the Issuer, the Issuer will:
Flow-Through Shares. The Corporation hereby covenants with the Underwriters that:
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