Private Agreement Exemption. The Purchasers acknowledge that this Agreement, and the sale and purchase of the Purchased Shares hereunder, is being made in compliance with the Private Agreement Exemption, which requires, among other things, that no bid or offer to acquire Common Shares having been made by the Purchasers generally to holders of Common Shares, and the Purchasers represent and warrant that they have not made any such bid or offer to acquire Common Shares generally to holders of Common Shares and are not acquiring Common Shares from more than five (5) Persons in the aggregate in connection with the transactions contemplated by this Agreement and, the date of the bid (for the purposes of NI 62-104), shall mean the date of this Agreement;
Private Agreement Exemption. The Vendor did not acquire its Purchased Shares from others (other the Corporation) in order that the Purchasers might make use of the exemption provided by Section 4.2 of NI 62-104.
Private Agreement Exemption. Such Vendor acknowledges that the Purchaser is entering into this Agreement in reliance upon the Private Agreement Exemption which requires, among other things, that the Purchaser not acquire the Purchased Shares from more than five Persons in the aggregate. Such Vendor represents and warrants to the Purchaser that it has not acquired any of the Purchased Shares from any other Person in order that the Purchaser might make use of the Private Agreement Exemption. Such Vendor is not acting as nominee, agent, trustee, executor, administrator or other legal representative for any other Person in respect of any of the Purchased Shares.
Private Agreement Exemption. The Purchaser acknowledges that this Agreement is being made in reliance upon the Private Agreement Exemption which requires, among other things, that no bid or offer to acquire have been made generally to holders of MIC Shares, and represents and warrants that it has not made any such bid or offer to acquire generally to holders of MIC Shares.
Private Agreement Exemption. Each Seller acknowledges that the Purchasers are entering into this Agreement in reliance upon the Private Agreement Exemption which requires, among other things, that the Purchasers not acquire the Purchased Securities from more than five Persons in the aggregate or for a price in excess of 115% of the “market price” of the securities (as calculated in accordance with NI 62-104). Each Seller represents and warrants to the Purchasers that it has not acquired any of the Purchased Securities from any other Person in order that the Purchasers might make use of the Private Agreement Exemption. Each Seller acknowledges that it is not acting as nominee, agent, trustee, executor, administrator or other legal representative for any other Person in respect of any of the Purchased Shares.
Private Agreement Exemption. The Purchasers acknowledge that this Agreement is being made in reliance upon the Private Agreement Exemption which requires, among other things, that no bid or offer to acquire have been made generally to holders of common shares in the capital of the Corporation or for a price in excess of 115% of the “market price” of the securities (as calculated in accordance with NI 62-104), and represents and warrants that it has not made any such bid or offer to acquire generally to holders of common shares in the capital of the Corporation. Each Purchaser is an “accredited investor” within the meaning of NI 45-106 or Section 73.3(1) of the Securities Act (Ontario) and was not created and is not being used solely to purchase or hold the Purchased Securities as an “accredited investor” as described in paragraph (m) of the definition of “accredited investor” in Section 1.1 of NI 45-106. Each Purchaser is acquiring the Purchased Securities for investment only and not with a view toward, or for sale in connection with, any distribution thereof, nor with any intention of distributing, selling or otherwise disposing of the Purchased Securities in violation of applicable law. Each Purchaser acknowledges that the Purchased Securities are subject to restrictions on transfer and may only be transferred in accordance with applicable law.
