Securities Regulatory Approval Clause Samples
The Securities Regulatory Approval clause requires that certain transactions or actions are subject to approval by relevant securities regulatory authorities before they can proceed. In practice, this means that parties must obtain consent or clearance from government agencies overseeing securities laws, such as when issuing new shares, completing mergers, or conducting public offerings. This clause ensures that all activities comply with applicable securities regulations, thereby protecting investors and maintaining market integrity by preventing unauthorized or non-compliant transactions.
Securities Regulatory Approval. This Agreement shall be subject to the approval of all securities regulatory authorities having jurisdiction.
Securities Regulatory Approval. 7.1 The terms of this agreement are subject to the approval of all securities regulatory authorities having jurisdiction.
7.2 In the event that the any regulatory authority having jurisdiction shall prevent the closing of the purchase and sale of the Company Shares and the consummation of the transactions contemplated in this agreement, neither the Purchaser nor its directors, officers, legal counsel, servants or agents shall in any way be liable to any of the Vendors or the Company in respect of any damages or losses suffered by them as a result of such failure to give their approval provided that the Purchaser has, with all due diligence and in good faith, used its best efforts to obtain the approval of such regulatory authorities.
Securities Regulatory Approval. The Private Placement is subject to the approval of the Exchange and any other securities regulatory authorities having jurisdiction.
Securities Regulatory Approval. 7.1 The terms of this agreement are subject to the approval of all securities regulatory authorities having jurisdiction, including the Canadian Venture Exchange.
7.2 The Vendor agrees to forthwith apply for the approval of the terms of this agreement by the Canadian Venture Exchange.
7.3 The Vendor agrees to promptly comply with all reasonable conditions and requirements of the Canadian Venture Exchange.
7.4 In the event that any other regulatory authority having jurisdiction shall prevent the closing of the purchase and sale of the Shares and the consummation of the transactions contemplated in this agreement, neither the Purchaser nor its directors, officers, legal counsel, servants or agents shall in any way be liable to either the Vendor or the Company in respect of any damages or losses suffered by them as a result of such failure to give their approval.
Securities Regulatory Approval. This Agreement shall be subject to the approval of all securities regulatory authorities having jurisdiction. In addition to the representations, warranties acknowledgments and agreements contained in the subscription to which this Schedule C – Accredited Investor Certificate is attached, the Subscriber, for itself or on behalf of any Disclosed Principal, as applicable, hereby represents, warrants and certifies to the Company that the Subscriber or the Disclosed Principal, as applicable, is purchasing the securities set out in the subscription as principal, that it is resident in the jurisdiction set out on the Acceptance Page of the subscription and: [check all appropriate boxes] The Subscriber or the Disclosed Principal, as applicable, is: [ ] (m) a Canadian financial institution, or a Schedule III bank; [ ] (n) the Business Development Bank of Canada incorporated under the Business Development Bank of Canada Act; [ ] (o) a subsidiary of any person referred to in paragraphs (a) or (b), if the person owns all of the voting securities of the subsidiary, except the voting securities required by law to be owned by directors of that subsidiary; [ ] (p) a person registered under the securities legislation of a jurisdiction of Canada, as an adviser or dealer, other than a person registered solely as a limited market dealer under one or both of the Securities Act (Ontario), or the Securities Act (Newfoundland and Labrador); [ ] (q) an individual registered or formerly registered under the securities legislation of a jurisdiction of Canada as a representative of a person referred to in paragraph (d); [ ] (r) the Government of Canada or a jurisdiction of Canada, or any crown corporation, agency or wholly owned entity of the Government of Canada or a jurisdiction of Canada; [ ] (s) a municipality, public board or commission in Canada and a metropolitan community, school board, the Comité de gestion de la taxe scolaire de l'île de Montréal or an intermunicipal management board in Québec; [ ] (t) any national, federal, state, provincial, territorial or municipal government of or in any foreign jurisdiction, or any agency of that government; [ ] (u) a pension fund that is regulated by either the Office of the Superintendent of Financial Institutions (Canada) or a pension commission or similar regulatory authority of a jurisdiction of Canada;