Common use of Securities Qualification Requirements Clause in Contracts

Securities Qualification Requirements. (a) If, in the opinion of counsel, any instrument (not including a prospectus, except as required by Section 3.1) is required to be filed with or any permission, order or ruling is required to be obtained from any securities regulatory authority or any other action is required under any Canadian federal or any provincial laws of the Qualifying Provinces before any securities or property which a Warrantholder is entitled to receive pursuant to the exercise of a Warrant may properly and legally be delivered upon the due exercise of a Warrant, the Corporation 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.

Securities Qualification Requirements. (a) If, in the opinion of the Corporation's counsel, any instrument (not including a prospectus, except as required by Section 3.1other than the Final Prospectus) is required to be filed with with, or any permission, order or ruling is required to be obtained from from, any securities regulatory authority Securities Administrator or any other action step is required under any Canadian federal or provincial law of Canada before any provincial laws Subject Securities may be issued or delivered to a Special Warrantholder in any of the Qualifying Provinces before any securities or property which a Warrantholder is entitled to receive pursuant to the Jurisdictions upon exercise of a Warrant may properly and legally be delivered upon the due exercise its Special Warrants, free of a Warrantany restrictions or limitations on resale of such Subject Securities, the Corporation 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.

Securities Qualification Requirements. (a1) If, in the opinion of counseleither counsel to the Warrant Agent or counsel to the Company, any instrument (not including a prospectus, except as required by Section 3.1) is required to be filed with with, or any permission, order or ruling is required to be obtained from from, any securities regulatory authority administrator or any other action step is required under any Canadian federal or provincial law of Canada or any provincial laws of other Qualifying Jurisdiction before the Qualifying Provinces before any securities Shares may be issued or property which a delivered to an initial Warrantholder is entitled to receive pursuant to on the exercise of a Warrant may properly and legally be delivered upon the due exercise of a WarrantWarrants or resold by such Warrantholder, the Corporation Company covenants that it will use its commercially reasonable 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.