Examples of NI 45-102 in a sentence

While NI 45-106 contains text boxes providing commentary on resale, these text boxes are intended as guidance only and are not a substitute for reviewing the applicable provisions in NI 45-102 to determine what resale restrictions, if any, apply to the securities in question.
Permitted activities under subparagraph 7.1(2)(d)(i) also include participating in a resale of securities, where the resale is deemed to be a distribution under National Instrument 45-102 Resale of Securities (NI 45-102).
If the accredited investor wishes to resell the shares to another accredited investor within the four-month restricted period, the resale will be deemed to be a distribution under NI 45-102.
If the accredited investor wishes to resell the shares to another accredited investor within the four- month restricted period, the resale will be deemed to be a distribution under NI 45-102.
Commentary: If securities are to be sold from a Control Person pursuant to an order made under section 74 of the Securities Act (Ontario) or an exemption contained in subsection 73(1) of the Securities Act (Ontario) or Part 2 of OSC Rule 45-501, the securities acquired by the purchaser may be subject to a hold period in accordance with the provisions of the Securities Act (Ontario) or NI 45-102.

More Definitions of NI 45-102

NI 45-102 means National Instrument 45-102 (Resale of Securities), as adopted by the Canadian Securities Administrators, as it may be amended, replaced or superseded from time to time;

NI 45-102 means National Instrument 45-102 – Resale of Securities, of the Canadian Securities Administrators. “NI 52-110” means National Investment 52-110 – Audit Committees, of the Canadian Securities Administrators.

NI 45-102 means National Instrument 45-102 Resale of Securities or any successor instrument promulgated by the Canadian Commissions;