MI 61-101 definition

MI 61-101 means Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions;
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MI 61-101 means Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions;
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MI 61-101 means Multilateral Instrument 61-101 — Protection of Minority Security Holders in Special Transactions, as amended or replaced from time to time;
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Examples of MI 61-101 in a sentence

  • The Company relied on the financial hardship exemption from the minority approval requirement of Multilateral Instrument ("MI") 61-101.

  • Specifically, pursuant to MI 61-101, minority approval is not required for a related party transaction in the event of financial hardship in specified circumstances.The Company is required to maintain certain non-financial covenants under the terms of the MIOP loan.

  • The Company relied on the financial hardship exemption from the minority approval requirement of Multilateral Instrument (MI) 61-101.

  • The following supplementary information is provided in accordance with Section 5.2 of MI 61-101.

  • MI 61-101 requires that issuers obtain a formal valuation and minority shareholder approval of related party transactions, unless an applicable exemption is available.


More Definitions of MI 61-101

MI 61-101 means Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions of the securities regulatory authorities of Ontario and Quebec;
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MI 61-101 means Multilateral Instrument 61-101 – Protection of Minority Securityholders in Special Transactions;
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MI 61-101 means Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions, as amended from time to time (including any successor rule or policy thereto).
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MI 61-101 means Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions, and the companion policies and forms thereto, as amended from time to time;
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MI 61-101 has the meaning ascribed thereto in Section 47.
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