Common use of No Intention to Trade in Canada Clause in Contracts

No Intention to Trade in Canada. As of the date hereof, the Lender represents and warrants to the Company that it does not presently intend to trade the Securities in or from a jurisdiction in Canada. If, after the date hereof, the Lender does intend to trade the Securities in or from a jurisdiction in Canada, it will, prior to any such trade, and in addition to complying with the provisions of Section 4.4, re-submit all certificates representing the Shares to the Corporation for purposes of having the legend set out in Section 13(1) of MI 51-105 endorsed on such certificates.

Appears in 3 contracts

Samples: Loan Agreement (Triton Emission Solutions Inc.), Loan Agreement (Poly Shield Technologies Inc.), Loan Agreement (Poly Shield Technologies Inc.)

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No Intention to Trade in Canada. As of the date hereof, the Lender represents and warrants to the Company Borrower that it he does not presently intend to trade the Securities in or from a jurisdiction in Canada. If, after the date hereof, the Lender does intend to trade the Securities in or from a jurisdiction in Canada, it he will, prior to any such trade, and in addition to complying with the provisions of Section 4.4this Agreement, re-submit all certificates representing the Shares to the Corporation Borrower for purposes of having the legend set out in Section 13(1) of MI 51-105 endorsed on such certificates.

Appears in 1 contract

Samples: Credit Line Agreement (Cell MedX Corp.)

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