Common use of Maintain Reporting Issuer Status Clause in Contracts

Maintain Reporting Issuer Status. The Corporation will use its commercially reasonable efforts to maintain its status as a “reporting issuer”, not included in a list of defaulting reporting issuers in British Columbia, Alberta, Ontario, Nova Scotia, Northwest Territories, Yukon and Nunavut until the date that is two years following the Closing Date, provided that this covenant shall not prevent the Corporation from completing any transaction which would result in the Corporation ceasing to be a “reporting issuer” so long as the holders of Common Shares receive securities of an entity which is listed on a stock exchange in Canada, or cash, or the holders of the Common Shares have approved the transaction in accordance with the requirements of applicable corporate laws and the policies of the Exchange, as applicable.

Maintain Reporting Issuer Status. The Corporation Company will use its commercially reasonable best efforts to maintain its status as a “reporting issuer”, ” (or the equivalent thereof) not included in a list default of defaulting reporting issuers the requirements of the securities laws in each of the Provinces of British Columbia, Alberta, Ontario, Nova Scotia, Northwest Territories, Yukon Ontario and Nunavut Québec until the date that is two five years following the Closing Date, provided that this covenant shall not prevent the Corporation Company from completing any transaction which would result in the Corporation Company ceasing to be a “reporting issuer” so long as the holders of Common Shares receive securities of an entity which is listed on a stock exchange in Canada, Canada or cash, or the holders of the Common Shares have approved the transaction in accordance with the requirements of applicable corporate and securities laws and the rules and policies of the Exchange, as applicableTSX .