Common use of Securities Qualification Requirements Clause in Contracts

Securities Qualification Requirements. That, if any instrument is required to be filed with or any permission, order or ruling is required to be obtained from the Securities Regulators or any other step is required under any applicable law of the Designated Provinces or any other applicable jurisdiction before any securities or property which a Special Warrantholder is entitled to receive pursuant to the deemed exercise of a Special Warrant may properly and legally be delivered upon the deemed exercise of a Special Warrant, the Corporation covenants that it shall use its best efforts to make such filing, obtain such permission, order or ruling and take all such action, at its expense, as is required or appropriate in the circumstances.

Securities Qualification Requirements. That, if any instrument is required to be filed with or any permission, order or ruling is required to be obtained from the Securities Regulators or any other step is required under any applicable federal or provincial law of the Designated Provinces or any other applicable jurisdiction before any securities or property which a Special Warrantholder is entitled to receive pursuant to the deemed exercise of a Special Warrant may properly and legally be delivered upon the deemed exercise of a Special Warrant, the Corporation covenants that it shall use its best commercially reasonable efforts to make such filing, obtain such permission, order or ruling and take all such action, at its expense, as is required or appropriate in the circumstances.

Securities Qualification Requirements. That, if If any instrument is required to be filed with the Securities Regulators or any permission, order or ruling is required to be obtained from the Securities Regulators or any other step is required under any applicable law of the Designated Provinces or any other applicable jurisdiction before any securities or property which a Special Warrantholder Subscription Receiptholder is entitled to receive pursuant to the deemed exercise conversion of a Special Warrant Subscription Receipt may properly and legally be delivered upon the deemed exercise conversion of a Special WarrantSubscription Receipt, the Corporation covenants that it shall use its best commercially reasonable efforts to make such filing, obtain such permission, order or ruling and take all such action, at its expense, as is required or appropriate in the circumstances.

Securities Qualification Requirements. That, if any instrument is required to be filed with or any permission, order or ruling is required to be obtained from the Securities Regulators or any other step is required under any applicable law of the Designated Provinces or any other applicable jurisdiction before any securities or property which a Special Warrantholder is entitled to receive pursuant to the deemed exercise of a Special Warrant may properly and legally be delivered upon the deemed exercise of a Special Warrant, the Corporation covenants that it shall use its commercially reasonable best efforts to make such filing, obtain such permission, order or ruling and take all such action, at its expense, as is required or appropriate in the circumstances.