Common use of Securities Qualification Requirements Clause in Contracts

Securities Qualification Requirements. (1) If, in the opinion of counsel, any instrument is required to be filed with, or any permission, order or ruling is required to be obtained from, any securities administrator or any other step is required under any federal or provincial law of Canada before the Subject Securities may be issued or delivered to a Warrantholder, the Company covenants that it will use its best efforts to file such instrument, obtain such permission, order or ruling or take all such other actions, at its expense, as is required or appropriate in the circumstances. (2) The Company will give written notice of the issue of Subject Securities pursuant to the exercise of Warrants, in such detail as may be required, to each securities administrator in each jurisdiction in which there is legislation requiring the giving of any such notice.

Appears in 5 contracts

Samples: Warrant Indenture (Americas Silver Corp), Warrant Indenture, Common Share Purchase Warrant Indenture (Sandstorm Gold LTD)

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Securities Qualification Requirements. (1) If, in the opinion of counsel, any instrument is required to be filed with, or any permission, order or ruling is required to be obtained from, any securities administrator or any other step is required under any federal or provincial law of Canada before the Subject Securities Warrant Shares may be issued or delivered to a Warrantholder, the Company covenants that it will use its best efforts to file such instrument, obtain such permission, order or ruling or take all such other actions, at its expense, as is required or appropriate in the circumstances. (2) The Company will give written notice of the issue of Subject Securities Warrant Shares pursuant to the exercise of Warrants, in such detail as may be required, to each securities administrator in each jurisdiction in which there is legislation requiring the giving of any such notice.

Appears in 2 contracts

Samples: Common Share Purchase Warrant Indenture (KWESST Micro Systems Inc.), Common Share Purchase Warrant Indenture

Securities Qualification Requirements. (1) If, in the opinion of counsel, any instrument is required to be filed with, or any permission, order or ruling is required to be obtained from, any securities administrator or any other step is required under any federal or provincial law of Canada before the Subject Securities Warrant Shares may be issued or delivered to a Warrantholder, the Company covenants that it will use its best efforts to file such instrument, obtain such permission, order or ruling or take all such other actions, at its expense, as is required or appropriate in the circumstances. (2) The Company will give written notice of the issue of Subject Securities Warrant Shares pursuant to the exercise of Warrants, in such detail as may be required, to each securities administrator in each jurisdiction in which there is legislation requiring the giving of any such notice.

Appears in 1 contract

Samples: Common Share Purchase Warrant Indenture

Securities Qualification Requirements. (1a) If, in the opinion of counsel, any instrument is required to be filed with, or any permission, order or ruling is required to be obtained from, any securities administrator or any other step is required under any federal or provincial law of Canada before the Subject Securities may be issued or delivered to a Warrantholder, the Company covenants that it will use its best efforts to file such instrument, obtain such permission, order or ruling or take all such other actions, at its expense, as is required or appropriate in the circumstances. (2b) The Company will give written notice of the issue of Subject Securities pursuant to the exercise of Warrants, in such detail as may be required, to each securities administrator in each jurisdiction in which there is legislation requiring the giving of any such notice.

Appears in 1 contract

Samples: Warrant Indenture

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Securities Qualification Requirements. (1) If, in the opinion of counsel, any instrument is required to be filed with, or any permission, order or ruling is required to be obtained from, any securities administrator regulatory authority or any other step is required under any federal or provincial law of Canada before the Subject Securities Warrant Shares may be issued or delivered to a Warrantholder, the Company covenants that it will use its best efforts to file such instrument, obtain such permission, order or ruling or take all such other actions, at its expense, as is required or appropriate in the circumstances. (2) The Company will give written notice of the issue of Subject Securities Warrant Shares pursuant to the exercise of Warrants, in such detail as may be required, to each securities administrator regulatory authority in each jurisdiction in which there is legislation requiring the giving of any such notice.

Appears in 1 contract

Samples: Common Share Purchase Warrant Indenture

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