Common use of Maintain Reporting Issuer Status Clause in Contracts

Maintain Reporting Issuer Status. The Corporation will use its reasonable best efforts to maintain its status as a “reporting issuer” (or the equivalent thereof) not in default of the requirements of the Canadian Securities Laws in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, New Brunswick and Xxxxxx Xxxxxx Island, and following the filing of the Prospectus in each of the Qualifying Jurisdictions, to the date that is at least 24 months following the Closing Date, provided that the foregoing requirement is subject to the obligations of the directors to comply with their fiduciary duties to the Corporation;

Appears in 3 contracts

Samples: Underwriting Agreement (Merus Labs International Inc.), Underwriting Agreement (Merus Labs International Inc.), Underwriting Agreement (Merus Labs International Inc.)

AutoNDA by SimpleDocs

Maintain Reporting Issuer Status. The Corporation will use its commercially reasonable best efforts to maintain its status as a “reporting issuer” (or the equivalent thereof) not in default of the requirements of the Canadian Securities Laws in each of the provinces of British Columbia, Alberta, Saskatchewan, Manitoba, Manitoba and Ontario, Quebec, New Brunswick and Xxxxxx Xxxxxx Island, and following the filing of the Prospectus in each of the Qualifying Jurisdictions, to the date that is at least 24 12 months following the Closing Date, provided that the foregoing requirement is subject to the obligations of the directors to comply with their fiduciary duties to the Corporation;

Appears in 1 contract

Samples: Underwriting Agreement

AutoNDA by SimpleDocs

Maintain Reporting Issuer Status. The Corporation will use its reasonable best efforts to maintain its status as a “reporting issuer” (or the equivalent thereof) not in default of the requirements of the Canadian Securities Laws in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, New Brunswick and Xxxxxx Xxxxxx Island, and following the filing of the Qualification Prospectus in each of the Qualifying Jurisdictions, to the date that is at least 24 months following the Closing Date, provided that the foregoing requirement is subject to the obligations of the directors to comply with their fiduciary duties to the Corporation;

Appears in 1 contract

Samples: Underwriting Agreement (Merus Labs International Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!