Accredited Investor Exemption definition

Accredited Investor Exemption means the exemption from the prospectus requirements for Accredited Investors as set forth in NI 45-106;

Accredited Investor Exemption means the exemption to the prospectus requirements contained in section 2.3 of National Instrument 45-106 Prospectus and Registration Exemptions;

Accredited Investor Exemption means the prospectus exemption provided for by Section 2.3 - Accredited Investor of NI 45-106 or section 73.3(1) of the Securities Act (Ontario), as applicable.

Examples of Accredited Investor Exemption in a sentence

• Certain offers and sales of securities sold to Accredited Investors if in compliance with the NASAA Model Accredited Investor Exemption.

• Prior to the issuance of any Securities to the Investor pursuant to this Agreement in reliance on the Accredited Investor Exemption, the Investor will deliver an Accredited Investor Certificate to the Company dated as of the date of such issuance of Securities.

• We believe that providing a reasonable care exception would help to preserve the intended benefits of Rule 506 and avoid creating an undue burden on capital-raising activities, while giving effect to the legislative intent to screen out felons and bad actors.83The language of the proposed exception is based on the standard of the Model Accredited Investor Exemption (“MAIE”), which was approved by NASAA in 1997.84 We included a similar exception in the 2007 Proposal.

• NASAA, Model Accredited Investor Exemption (D)(2)(b) (available at http://www.nasaa.org/content/Files/Model_Accredited_Investor_Exemption.pdf ).disqualification provisions would apply to all sales made under Rule 506 after the effective date of the new provisions.

• This form is supplemental to, and must be filed with the Department in addition to, the NASAA Model Accredited Investor Exemption Uniform Notice of Transaction (the “Uniform Notice”) by any person intending to rely upon such exemption for offers and sales subject to OUSA.

More Definitions of Accredited Investor Exemption

Accredited Investor Exemption means the exemption from the prospectus requirements contained under section 2.3 of NI 45-106 and, in Ontario, section 73.3 of the Securities Act (Ontario);

Accredited Investor Exemption means the exemption in Section 2.3 of NI 45-106; “Accredited Investor Representations” means the representations from the Investor that it is (i) an “accredited investor” (as such term is defined in NI 45- 106) and, specifically, is a person, other than an individual or investment fund, that has net assets of at least CDN$5,000,000 as shown on its most recently prepared financial statements; and (ii) acquiring Securities as principal for its own account;

Accredited Investor Exemption means the accredited investor exemption set out in Section 2.3 of NI 45-106.

Accredited Investor Exemption means the exemption from the prospectus requirements contained under section

Accredited Investor Exemption means the exemption in Section 2.3 of NI 45-106;

Accredited Investor Exemption means the prospectus exemption described in section

Accredited Investor Exemption means the prospectus exemption described in section 2.3 of NI 45-106 and 73.3(1) of the Securities Act (Ontario), as applicable;