Becoming an Established Issuer. If the Issuer is an emerging issuer on the date of this Agreement and, during this Agreement, the Issuer:
(a) lists its securities on the Toronto Stock Exchange Inc. or Aequitas NEO Exchange Inc.;
(b) becomes a TSX Venture Exchange Inc. (TSX Venture) Tier 1 issuer; or
(c) lists or quotes its securities on an exchange or market outside Canada that its “principal regulator” under National Policy 43-201 Mutual Reliance Review System for Prospectuses and Annual Information Forms (in Quebec under Staff Notice, Mutual Reliance Review System for Prospectuses and Annual Information Forms) or, if the Issuer has only filed its IPO prospectus in one jurisdiction, the securities regulator in that jurisdiction, is satisfied has minimum listing requirements at least equal to those of TSX Venture Tier 1, then the Issuer becomes an established issuer.
Becoming an Established Issuer. If the Issuer is an emerging issuer on the date of this Agreement and, during this Agreement, the Issuer:
(a) lists its securities on The Toronto Stock Exchange Inc.;
(b) becomes a TSX Venture Exchange Inc. (TSX Venture) Tier 1 issuer; or
(c) lists or quotes its securities on an exchange or market outside Canada that its “principal regulator” under National Policy 43-201 Mutual Reliance Review System for Prospectuses and Annual Information Forms (in Quebec under Staff Notice, Mutual Reliance Review System for Prospectuses and Annual Information Forms) or, if the Issuer has only filed its IPO prospectus in one jurisdiction, the securities regulator in that jurisdiction, is satisfied has minimum listing requirements at least equal to those of TSX Venture Tier 1, then the Issuer becomes an established issuer.
Becoming an Established Issuer. If the Issuer is an emerging issuer on the date of this Agreement and, during this Agreement, the Issuer:
Becoming an Established Issuer. If the Issuer is an emerging issuer on the date of this Agreement and, during the term of this Agreement, the Issuer:
(a) lists its securities on The Toronto Stock Exchange Inc.;
(b) becomes a TSX Venture Exchange Inc. (“TSX Venture”) Tier 1 issuer; or
(c) lists or quotes its securities on an exchange or market outside Canada that its “principal regulator” or, if the Issuer has only filed its IPO prospectus in one jurisdiction, the securities regulator in that jurisdiction, is satisfied has minimum listing requirements at least equal to those of TSX Venture Tier 1, then the Issuer becomes an established issuer and the escrow securities shall be released in accordance with Section 3.2.
Becoming an Established Issuer. If the Issuer is an emerging issuer on the date of this Agreement and, during this Agreement, the Issuer:
(a) lists its securities on the Toronto Stock Exchange Inc. or Aequitas NEO Exchange Inc (b) becomes a TSX Venture Exchange Inc. (TSX Venture) Tier 1 issuer; or
Becoming an Established Issuer. If during this Agreement the Issuer:
(a) lists its securities on the Toronto Stock Exchange Inc. or Aequitas NEO Exchange;
(b) becomes a TSX Venture Exchange Inc. (“TSX Venture”) Tier 1 issuer; or
(c) lists or quotes its securities on an exchange or market outside Canada that its “principal regulator” under National Policy 43-201 – Mutual Reliance Review System for Prospectuses and Annual Information Forms (in Quebec under Staff Notice, Mutual Reliance Review System for Prospectuses and Annual Information Forms) is satisfied has minimum listing requirements at least equal to those of TSX Venture Tier 1, then the Issuer becomes an “established issuer”.
Becoming an Established Issuer. If the Issuer is an emerging issuer on the date of this Agreement and, during this Agreement, the Issuer:
(a) lists its securities on The Toronto Stock Exchange;
(b) becomes a Canadian Venture Exchange (CDNX) Tier 1 issuer;
(c) if the Issuer’s securities are listed on the Bourse de Montréal Inc., becomes eligible to be classified as a CDNX Tier 1 issuer; or
(d) lists or quotes its securities on an exchange or market outside Canada that its “principal regulator” under National Policy 43-201 Mutual Reliance Review System for Prospectuses and Annual Information Forms or, if the Issuer has only filed its IPO prospectus in one jurisdiction, the securities regulator in that jurisdiction, is satisfied has minimum listing requirements at least equal to those of CDNX Tier 1, then the Issuer becomes an established issuer.
Becoming an Established Issuer. If the Issuer is an emerging issuer on the date of this Agreement and, during this Agreement, the Issuer:
(a) lists its securities on the Toronto Stock Exchange Inc. or Aequitas NEO Exchange Inc.;
(b) becomes a TSX Venture Exchange Inc. (TSX Venture) Tier 1 issuer; or
(c) lists or quotes its securitLHV RQ DQ H[FKDQJH RU PDUNHW RXWVLGH UHJXODWRU´ XQGHU-2 011MDuWtuaLl RReQliaDncOe Re3viRewOSLysFte\m fo r P rospectuses and Annual Information Forms (in Quebec under Staff Notice, Mutual Reliance Review System for Prospectuses and Annual Information Forms) or, if the Issuer has only filed its IPO prospectus in one jurisdiction, the securities regulator in that jurisdiction, is satisfied has minimum listing requirements at least equal to those of TSX Venture Tier 1, then the Issuer becomes an established issuer.
Becoming an Established Issuer. If the Issuer is an emerging issuer on the date of this Agreement and, during this Agreement, the Issuer:
(a) lists its securities on the Toronto Stock Exchange Inc. or Aequitas NEO Exchange Inc.;
(b) becomes a TSX Venture Exchange Inc. (“TSX Venture”) Tier 1 issuer; or
(c) lists or quotes its securities on an exchange or market outside Canada that its “principal regulator” under National Policy 43-201 Mutual Reliance Review System for Prospectuses and Annual Information Forms (in Quebec under Staff Notice, Mutual then the Issuer becomes an established issuer.
Becoming an Established Issuer. If the Issuer is an emerging issuer on the date of this Agreement and, during this Agreement, the Issuer:
(1) lists its securities on the Toronto Stock Exchange Inc. or Aequitas NEO Exchange Inc.;
(2) becomes a TSX Venture Exchange Inc. (TSX Venture) Tier 1 issuer; or
(3) lists or quotes its securities on an exchange or market outside Canada that its “principal regulator” under National Policy 43-201 Mutual Reliance Review System for Prospectuses and Annual Information Forms (in Quebec under Staff Notice, Mutual Reliance Review System for Prospectuses and Annual Information Forms) is satisfied has minimum listing requirements at least equal to those of TSX Venture Tier 1, then the Issuer becomes an established issuer.
