Securities Legislation. The Corporation is a private issuer within the meaning of the Securities Act (Ontario) and the sale of the Corporation Shares by the Shareholders to the Purchaser is made in compliance with the exempt takeover-bid provisions of this Act or such other exemption as may be available to it and the Shareholder.
Securities Legislation. The sale of the Purchased Shares by the Vendors to the Purchaser will be made in compliance with all applicable securities legislation.
Securities Legislation. Issuer is a "reporting issuer" in Ontario and ----------------------- is not in default under applicable securities legislation in such province. In particular, without limiting the foregoing, Issuer is in compliance with its obligations to make timely disclosure of all material changes relating to it and since the end of the Issuer's last completed fiscal year (other than in respect of material change reports filed on a confidential basis and thereafter made public or material change reports filed on a confidential basis and in respect of which the material change never came to fruition) no such disclosure has been made on a confidential basis and there is no material change relating to Issuer which has occurred and with respect to which the requisite material change statement has not been filed, except to the extent that this Agreement constitutes a material change. Issuer is not in default of any requirements of such securities legislation, and the issuance of the Shares and the Warrant to AOL will be made in compliance with all applicable Canadian securities legislation. Subject to the filing of a Form 27, Material Change Report and a press release following the execution hereof and the Closing, the issuance of the Shares and Warrant to AOL, and any subsequent exercise of rights under the Warrant, will not result in any contravention of any applicable Canadian securities legislation or the regulations thereunder (subject to filings required on Warrant exercise). The issuance of the Shares and the Warrant is exempt from the registration and prospectus requirements of securities legislation of the Province of Ontario and no prospectus will be required and no other document must be filed, proceeding taken or approval obtained in Ontario to permit the offering, issue, sale and delivery of the Shares and the Warrant to AOL or for the exercise of the Warrant other than the filing of those private placement reports, undertakings and questionnaires referred to above.
Securities Legislation. The Company is not a “reporting issuer” within the meaning of and the sale of the Shares by the Sellers to the Buyer complies with all applicable Canadian securities legislation.
Securities Legislation. The Corporation is a "private issuer" as that term is defined in National Instrument 45-106. (eee)
Securities Legislation. The Company is a private company within the meaning of the Securities Act (Ontario) and the sale of the Shares by the Vendor to the Purchaser will be made in compliance with all applicable securities legislation.
Securities Legislation. Securities Legislation" shall mean all securities legislation applicable to any of the transactions contemplated by this Agreement pursuant to U.S. or Canadian federal, state or provincial laws.
Securities Legislation. Neither the Company nor any of the Company Subsidiaries has ever been subject to a requirement to register as a reporting company under the Exchange Act, or to register a class of securities under the Securities Act or the Arizona Securities Act. Notwithstanding the foregoing, KIC makes no representations or warranties as to the effect of this transaction on any such requirements.
Securities Legislation. The Corporation is a “reporting issuer” under applicable Securities Laws and is not in default of any material requirements of any applicable Securities Laws. The Common Shares are listed on the TSX and the Nasdaq, and the Corporation is not in default of any material requirements of the TSX or the Nasdaq. The Corporation has not taken any action to cease to be a reporting issuer in any province or state nor has the Corporation received notification from any applicable Securities Authority seeking to revoke the reporting issuer status of the Corporation. No delisting, suspension of trading in or cease trading order with respect to any securities of the Corporation and, to the knowledge of the Corporation, no inquiry or investigation (formal or informal) of any Securities Authority, is pending, in effect or ongoing or threatened or reasonably expected by the Corporation to be implemented or undertaken.
Securities Legislation. MxXxxx Capital is not a “reporting issuer” within the meaning of the Securities Act, R.S.B.C. 1996, c.418 or the Securities Act, O.S.C., c.S.5 and the sale of the MxXxxx Capital Shares by the Seller to the Buyer complies with all applicable securities legislation.