Common use of OBLIGATIONS OF WESTERN Clause in Contracts

OBLIGATIONS OF WESTERN. Without limiting clause 5, Western must take the following steps in accordance with the Timetable: (a) prepare and provide the Western Information to Black Range in a form which complies with all applicable regulatory, compliance and content requirements (and update the Western Information for any material developments); (b) ensure that the Western Information is not misleading or deceptive in any material respect and does not contain any material omissions, in the form and context in which it appears in the Scheme Booklet, and promptly inform Black Range if it becomes aware that the Scheme Booklet contains a statement that is or has become misleading or deceptive in a material respect or contains a material omission; (c) provide all reasonable assistance and information to enable the preparation of the Scheme Booklet (including the preparation and the provision of the Western Information to Black Range) and the Independent Expert's Report; (d) procure a meeting of the Western Board to consider and, if thought fit, approve the Western Information, the Scheme Booklet; (e) as soon as practicable make application for the New Western Shares to be approved for official quotation on the CSE and do everything reasonably necessary to advance such applications; (f) do everything reasonably necessary to ensure that trading in the New Western Shares on the CSE is permitted to commence by the first Business Day after the Implementation Date; (g) prior to the First Court Date, execute the Deed Poll undertaking in favour of Black Range Shareholders and on the Implementation Date issue the New Western Shares to Participants in accordance with the Scheme; (h) on the Second Court Date provide to the Court a certificate confirming (in respect of matters within its knowledge) whether or not, as at 8am on the Second Court Date, the conditions precedent in clause 4 (other than the condition precedent in clause 4.1(d)) have been satisfied or waived in accordance with this agreement; and (i) do everything reasonably within its power to ensure that the Transaction is effected in accordance with all laws and regulations applicable in relation to the Transaction.

Appears in 4 contracts

Samples: Merger Implementation Agreement (Western Uranium Corp), Merger Agreement, Merger Agreement

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