Common use of Insider Status Clause in Contracts

Insider Status. The Subscriber either: ¨ Is an “Insider” of the Corporation as defined in the Policies of the Exchange (as hereinafter defined) by virtue of being: (a) a director or executive officer of the Corporation; (b) a director or executive officer of a company that is an Insider or subsidiary of the Corporation; (c) a person that beneficially owns or controls, directly or indirectly, voting shares of the Corporation carrying more than 10% of the voting rights attached to all the Corporation’s outstanding voting shares; or (d) the Corporation itself if it holds any of its own securities. ¨ Is not an Insider of the Corporation.

Appears in 8 contracts

Samples: Subscription Agreement (ProMIS Neurosciences Inc.), Subscription Agreement (ProMIS Neurosciences Inc.), Subscription Agreement (ProMIS Neurosciences Inc.)

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Insider Status. The Subscriber eithereither [check appropriate box]: ¨ Is [ ] is an “Insider” of the Corporation as defined in the Policies policies of the Exchange (as hereinafter defined) by virtue of beingExchange: (a) a director or executive senior officer of the Corporation; (b) a director or executive senior officer of a company that is itself an Insider insider or subsidiary of the Corporation; (c) a person that beneficially owns or controls, directly or indirectly, voting shares of the Corporation carrying more than 10% of the voting rights attached to all outstanding voting shares of the Corporation’s outstanding voting shares; or (d) the Corporation itself if it holds any of its own securities. ¨ Is [ ] is not an Insider of the Corporation.

Appears in 3 contracts

Samples: Subscription Agreement (BriaCell Therapeutics Corp.), Subscription Agreement (BriaCell Therapeutics Corp.), Subscription Agreement (BriaCell Therapeutics Corp.)

Insider Status. The Subscriber either: ¨ Is either [check appropriate box]; [ ] is an "Insider" of the Corporation as defined in the Policies policies of the Exchange (as hereinafter defined) by virtue of being:Exchange (a) a director or executive senior officer of the Corporation; (b) a director or executive senior officer of a company that is itself an Insider insider or subsidiary of the Corporation; (c) a person that beneficially owns or controls, directly or indirectly, voting shares of the Corporation carrying more than 10% of the voting rights attached to all the Corporation’s 's outstanding voting shares; or (d) the Corporation itself if it holds any of its own securitiessecurities of its own. ¨ Is [ ] is not an Insider of the Corporation.

Appears in 2 contracts

Samples: Subscription Agreement (Nevada Geothermal Power Inc), Subscription Agreement (Nevada Geothermal Power Inc)

Insider Status. The Subscriber eithereither [check appropriate box]: ¨ Is [ ] is an “Insider” of the Corporation as defined in the Policies policies of the Exchange (Exchange, as hereinafter defined) by virtue of beingfollows: (a) a director or executive senior officer of the Corporation; (b) a director or executive senior officer of a company that is itself an Insider insider or subsidiary of the Corporation; (c) a person that beneficially owns or controls, directly or indirectly, voting shares of the Corporation carrying more than 10% of the voting rights attached to all the Corporation’s outstanding voting shares; or (d) the Corporation itself if it holds any of its own securitiessecurities of its own. ¨ Is [ ] is not an Insider of the Corporation.

Appears in 2 contracts

Samples: Subscription Agreement (BE Resources Inc.), Subscription Agreement (BE Resources Inc.)

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Insider Status. The Subscriber either: ¨ Is an "Insider" of the Corporation as defined in the Policies of the Exchange (as hereinafter defined) by virtue of being: (a) a director or executive senior officer of the Corporation; (b) a director or executive senior officer of a company that is an Insider or subsidiary of the Corporation; (c) a person that beneficially owns or controls, directly or indirectly, voting shares of the Corporation carrying more than 10% of the voting rights attached to all the Corporation’s 's outstanding voting shares; or (d) the Corporation itself if it holds any of its own securities. ¨ Is not an Insider of the Corporation.

Appears in 1 contract

Samples: Secured Subordinated Convertible Debenture Subscription Agreement (Crailar Technologies Inc)

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