Resale Restrictions and Legends. (a) Securities issued from treasury may be subject to certain resale and transfer restrictions under Applicable Securities Laws. (b) The Investor and each Share Lender have been advised to consult their own legal advisors with respect to applicable resale and transfer restrictions and that it is solely responsible for complying with such restrictions. (c) In this regard the Investor and each Share Lender acknowledges that, under certain Applicable Securities Laws, the following legend will be required on any certificates representing any Securities issued from treasury, as applicable: "UNLESS PERMITTED UNDER SECURITIES LEGISLATION, THE HOLDER OF THIS SECURITY MUST NOT TRADE THE SECURITY BEFORE [INSERT THE DATE THAT IS 4 MONTHS AND A DAY AFTER THE CLOSING DATE]."
Appears in 2 contracts
Samples: Direct Placement Agreement (Chemesis International Inc.), Direct Placement Agreement
Resale Restrictions and Legends. (a) Securities issued from treasury may be subject to certain resale and transfer restrictions under Applicable Securities Laws.
(b) The Investor and each Share Lender have been advised to consult their own legal advisors with respect to applicable resale and transfer restrictions and that it is solely responsible for complying with such restrictions.
(c) In this regard the Investor and each Share Lender acknowledges that, under certain Applicable Securities Laws, the following legend will be required on any certificates representing any Securities issued from treasury, as applicable: "“UNLESS PERMITTED UNDER SECURITIES LEGISLATION, THE HOLDER OF THIS SECURITY MUST NOT TRADE THE SECURITY BEFORE [INSERT THE DATE THAT IS 4 MONTHS AND A DAY AFTER THE CLOSING DATE]."”
Appears in 2 contracts
Samples: Share Subscription Agreement (Global Crossing Airlines Group Inc.), Share Subscription Agreement (Western Magnesium Corp.)
Resale Restrictions and Legends. (a) Securities issued from treasury may be subject to certain resale and transfer restrictions under Applicable Securities Laws.
(b) The Investor and each Share Lender have been advised to consult their own legal advisors with respect to applicable resale and transfer restrictions and that it is solely responsible for complying with such restrictions.
(c) In this regard the Investor and each Share Lender acknowledges that, under certain Applicable Securities Laws, the following legend will be required on any certificates representing any Securities issued from treasury, as applicable: "UNLESS PERMITTED UNDER SECURITIES LEGISLATION, THE HOLDER OF THIS SECURITY MUST NOT TRADE THE SECURITY BEFORE [INSERT THE DATE THAT IS 4 MONTHS AND A DAY AFTER THE CLOSING DATE]."”
Appears in 1 contract
Samples: Share Subscription Agreement
