Reporting Issuer Status and Listing of Common Shares. The Company shall during the term of this Agreement use commercially reasonable efforts to: (a) maintain the Company’s status as a “reporting issuer” not in default under the Canadian Securities Laws in each of the Reporting Jurisdictions; and (b) maintain the listing of the Common Shares on the TSXV, the Toronto Stock Exchange or another stock exchange acceptable to the Investor, provided that these covenants shall not restrict or prevent the Company from engaging in or completing any transaction which would result in the Company ceasing to be a “reporting issuer” or the Common Shares ceasing to be listed on any of the foregoing stock exchanges so long as the holders of Common Shares receive cash or securities of an entity which is listed on any of the foregoing stock exchanges or the holders of the Common Shares have approved the transaction.
Appears in 1 contract
Samples: Investor Rights Agreement
Reporting Issuer Status and Listing of Common Shares. The Company shall during shall, for a period of two years from the term of this Agreement date hereof, use commercially reasonable efforts to:
(a) maintain the Company’s status as a “reporting issuer” not in default under the Canadian Securities Laws in each of the Reporting Jurisdictions; and
(b) maintain the listing of the Common Shares on the TSXV, the Toronto Stock Exchange TSX or another stock exchange acceptable to the Investorin North America, provided that these covenants shall not restrict or prevent the Company from engaging in or completing any transaction which would result in the Company ceasing to be a “reporting issuer” or the Common Shares ceasing to be listed on any of the foregoing stock exchanges so long as the holders of Common Shares receive cash or securities of an entity which is listed on any of the foregoing stock exchanges or the holders of the Common Shares have approved the transaction.
Appears in 1 contract
Reporting Issuer Status and Listing of Common Shares. The Company shall during the term of this Agreement use commercially reasonable efforts to:
(a) maintain the Company’s 's status as a “"reporting issuer” " not in default under the Canadian Securities Laws in each of the Reporting Qualifying Jurisdictions; and
(b) maintain the listing of the Common Shares on the TSXVExchange, the Toronto Stock Exchange or another other reputable stock exchange acceptable to in Canada or the InvestorUnited States, provided that these covenants shall not restrict or prevent the Company from engaging in or completing any transaction which would result in the Company ceasing to be a “"reporting issuer” " or the Common Shares ceasing to be listed on any of the foregoing stock exchanges so long as the holders of Common Shares receive cash or securities of an entity which is listed on any of the foregoing stock exchanges or the holders of the Common Shares have approved the transaction.
Appears in 1 contract
Reporting Issuer Status and Listing of Common Shares. The Company shall during shall, for a period of two years from the term date of this Agreement the Original Agreement, use commercially reasonable efforts to:
(a) maintain the Company’s status as a “reporting issuer” not in default under the Canadian Securities Laws in each of the Reporting Jurisdictions; and
(b) maintain the listing of the Common Shares on the TSXV, the Toronto Stock Exchange TSX or another stock exchange acceptable to the Investorin North America, provided that these covenants shall not restrict or prevent the Company from engaging in or completing any transaction which would result in the Company ceasing to be a “reporting issuer” or the Common Shares ceasing to be listed on any of the foregoing stock exchanges so long as the holders of Common Shares receive cash or securities of an entity which is listed on any of the foregoing stock exchanges or the holders of the Common Shares have approved the transaction.
Appears in 1 contract