Maintain Reporting Issuer Status. The Corporation will use its commercially reasonable 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 and Ontario, to the date that is at least 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 and provided that the Company shall not be required to comply with this Section 10(4) following the completion of a merger, amalgamation, arrangement, business combination or take-over bid pursuant to which the Company ceases to be a “reporting issuer” (within the meaning of Securities Laws);
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Samples: Underwriting Agreement, Underwriting Agreement
Maintain Reporting Issuer Status. The Corporation will use its commercially reasonable 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 and OntarioCanada other than Quebec, to the date that is at least 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 and provided that the Company Corporation shall not be required to comply with this Section 10(4) following the completion of a merger, amalgamation, arrangement, business combination or take-over bid pursuant to which the Company Corporation ceases to be a “reporting issuer” (within the meaning of Securities Laws);
Appears in 1 contract
Samples: Underwriting Agreement
Maintain Reporting Issuer Status. The Corporation will use its commercially reasonable 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 and Ontario, Qualifying Jurisdictions to the date that is at least 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 and further provided that the Company Corporation shall not be required to comply with this Section 10(48(4) following the completion of a merger, amalgamation, arrangement, business combination or take-over bid pursuant to which the Company Corporation ceases to be a “reporting issuer” (within the meaning of applicable Securities Laws);.
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Samples: Underwriting Agreement