Common use of Purchases and Sales Clause in Contracts

Purchases and Sales. Neither the Corporation nor any of its Subsidiaries has approved or has entered into any agreement in respect of (i) the purchase of any material property or assets or any interest therein or the sale, transfer or other disposition of any material property or assets or any interest therein currently owned by the Corporation or its Subsidiaries, whether by asset sale, transfer of shares or otherwise, (ii) any transaction which would result in the change of control (by sale or transfer of the shares or sale of all or substantially all of the property and assets) of the Corporation or any of its Subsidiaries, or (iii) a proposed or planned disposition of Common Shares or common shares of any of the Subsidiaries by any shareholder who owns, directly or indirectly, 10% or more of the outstanding Common Shares or of the outstanding common shares of any of the Subsidiaries.

Purchases and Sales. Neither the Corporation nor any of its the Subsidiaries has approved or approved, has entered into any agreement in respect of of, or has any knowledge, as the case may be, of: (i) the purchase of any material property or assets or any interest therein or the sale, transfer or other disposition of any material property or assets Business Assets or any interest therein currently owned owned, directly or indirectly, by the Corporation or its Subsidiariesany Subsidiary, whether by asset sale, transfer of shares shares, or otherwise, ; (ii) any a transaction which would result in the change of control (by sale or transfer of the shares Common Shares or sale of all or substantially all of the property and assetsBusiness Assets) of the Corporation or any of its Subsidiaries, or Subsidiary; or (iii) a proposed or planned disposition of Common Shares or common shares of any of the Subsidiaries by any shareholder who owns, directly or indirectly, 10% or more of the outstanding Common Shares or of the outstanding common shares of any of the SubsidiariesShares.