Change of Business or “COB” means a transaction or series of transactions which will redirect an Issuer’s resources and which changes the nature of its business, for example, through the acquisition of an interest in another business which represents a material amount of the Issuer’s market value, assets or operations, or which becomes the principal enterprise of the Issuer.
Change of Business means the establishment or purchase of a business by the Applicant other than the business specified in paragraph 2.7(c) of this Agreement;
Change of Business change in any material respect the nature of its business or operations from the development and sale of medical imaging software and related products and services;
Examples of Change of Business in a sentence
The TSXV has conditionally approved the filing of the Filing Statement and the Change of Business.
More Definitions of Change of Business
Change of Business means the change of business of the Corporation from mining activities to the medical marijuana industry.
Change of Business means a transaction or series of transactions as a result of which the Buyer’s resources are redirected and the nature of the Buyer’s business of acquiring and managing precious metal and other royalties, streams and a direct or indirect interest in mining development businesses and properties and similar interests changes, including through the acquisition of an interest in another business which represents a material amount of the Buyer’s market value, assets or operations, or which becomes the principal enterprise of the Buyer; provided, however, that the transition of the principal enterprise of the Buyer to the operation of mineral projects shall constitute a Change of Business; provided, further, that in no event will (i) continued operatorship over current assets of the Buyer, or (ii) increased participation in a Buyer Investee constitute a Change of Business.
Change of Business means the indirect acquisition of SDP by the Corporation in accordance with the terms of the Definitive Agreement and related transactions which will constitute a Change of Business, as such term is defined in Policy 5.2 of the Exchange.
Change of Business means the change of business of Global from an “unclassified” issuer to an “oil and gas” issuer pursuant to the policies of the TSXV;
Change of Business means the change of business of the Corporation from leasing operating and manufacturing equipment to the medical cannabis industry.
Change of Business means the proposed change of business of ALQ from a mining issuer to an investment issuer with a focus of investments in the marijuana industry.
Change of Business means the redeployment of the Company’s assets and resources from mineral exploration to the development, manufacture and sale of data mining infrastructure and system technology (including ASIC Chips and Mining Rigs) to support global blockchain applications in the cryptoasset mining space which will result in a “Change of Business” as defined under the policies of the CSE;