Common use of Material Change During Distribution Clause in Contracts

Material Change During Distribution. (a) During the period from the date of this Agreement to the Closing Date, CDB will promptly notify the Standby Purchaser in writing of any Material Change with respect to CDB. (b) During the period from the date hereof to the Closing Date, CDB will promptly notify the Standby Purchaser in writing of: (i) any material fact that has arisen or been discovered; and (ii) any change in any material fact contained in the Offering Circular or Offering Notice which fact or change is, or may be, of such a nature as to result in a Misrepresentation in the Offering Circular and Offering Notice or that would result in the Offering Circular or Offering Notice not complying with applicable Securities Laws. (c) CDB will promptly, and in any event within any applicable time limitation, comply with all applicable filings and other requirements under Securities Laws as a result of such fact or change. CDB will in good faith discuss with the Standby Purchaser any fact or change in circumstances that is of such a nature that there is reasonable doubt whether written notice need be given under this Section 4.1.

Material Change During Distribution. (a) During the period from the date of this Agreement to the Closing Date, CDB will promptly notify the Standby Purchaser in writing of any Material Change with respect to CDB. (b) During the period from the date hereof to the Closing Date, CDB will promptly notify the Standby Purchaser in writing of: (i) any material fact that has arisen or been discovered; and (ii) any change in any material fact contained in the Offering Circular or Offering Notice which fact or change is, or may be, of such a nature as to result in a Misrepresentation in the Offering Circular and Offering Notice or that would result in the Offering Circular or Offering Notice not complying with applicable Securities Laws. (c) CDB will promptly, and in any event within any applicable time limitation, comply with all applicable filings and other requirements under Securities Laws as a result of such fact or change. CDB will in good faith discuss with the Standby Purchaser any fact or change in circumstances that is of such a nature that there is reasonable doubt whether written notice need be given under this Section 4.1.

Material Change During Distribution. (a) During the period from the date of this Agreement to the Closing Date, CDB CGX will promptly notify the Standby Purchaser in writing of any Material Change with respect to CDBCGX. (b) During the period from the date hereof to the Closing Date, CDB CGX will promptly notify the Standby Purchaser in writing of: (i) any material fact that has arisen or been discovered; and (ii) any change in any material fact contained in the Offering Circular or Offering Notice which fact or change is, or may be, of such a nature as to result in a Misrepresentation in the Offering Circular and Offering Notice or that would result in the Offering Circular or Offering Notice not complying with applicable Securities Laws. (c) CDB CGX will promptly, and in any event within any applicable time limitation, comply comply, to the satisfaction of the Standby Purchaser, acting reasonably, with all applicable filings and other requirements under Securities Laws as a result of such fact or change. CDB CGX will in good faith discuss with the Standby Purchaser any fact or change in circumstances that is of such a nature that there is reasonable doubt whether written notice need be given under this Section 4.1.