PREP procedures definition

PREP procedures means the requirements in this Instrument for the distribution under a base PREP prospectus and a supplemented PREP prospectus of securities, the price of which is determined after a receipt has been obtained for the base PREP prospectus; and
PREP procedures means the rules and procedures established pursuant to the Canadian Securities Laws for the pricing of securities after the final receipt for a prospectus has been obtained.
PREP procedures means the procedures for post-receipt pricing under National Instrument 44-103 — Post-Receipt Pricing, as currently in effect;

Examples of PREP procedures in a sentence

  • All issuers and selling securityholders can use the PREP procedures of Regulation 44-103 to distribute securities, other than rights under a rights offering.

  • All issuers and selling securityholders can use the PREP procedures of NI 44-103 to distribute securities, other than rights under a rights offering.

  • Issuers and selling securityholders that wish to distribute securities using the PREP procedures as provided for in Regulation 44-103 should refer to the Regulation, this Policy, and Regulation 44-103 and its Policy Statement.

  • Issuers and selling securityholders that wish to distribute securities under a prospectus in the form of a short form prospectus using the PREP procedures should have regard to NI 44-101 and this Policy first, and then refer to NI 44-103 and the accompanying policy for any additional requirements.

  • Despite the other provisions of this Instrument, the PREP procedures shall not be used for a distribution of rights under a rights offering.


More Definitions of PREP procedures

PREP procedures means the rules and procedures established pursuant to National Instrument 44-103 (Post-Receipt Pricing) for the pricing of securities after the final receipt for a prospectus has been obtained and the term "PREP Information" means the information that was omitted from the Canadian Final Prospectus filed with the Regulatory Authorities in the Qualifying Jurisdictions in accordance with the PREP Procedures, but that is to be included in the Canadian Prospectus to be filed with the Regulatory Authorities in the Qualifying Jurisdictions in accordance with the PREP Procedures. Based upon the foregoing and subject to the terms and conditions herein set forth: CIBC World Markets Inc., Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated, RBC Dominion Securities Inc., BMO Xxxxxxx Xxxxx Inc., National Bank Financial Inc., Scotia Capital Inc., TD Securities Inc., Xxxxxxx, Sachs & Co., UBS Securities Canada Inc., Canaccord Capital Corporation, FirstEnergy Capital Corp., GMP Securities Ltd., Xxxxxx & Co. Limited, Citigroup Global Markets Inc., Credit Suisse First Boston LLC, Beacon Securities Limited, Casgrain & Company Limited, Dundee Securities Corporation, First Associates Investments Inc., Orion Securities Inc., Xxxxxxx Xxxxx Ltd., and Tristone Capital Inc. (collectively, the "Underwriters") hereby severally, in the respective percentages set out in section 14.1 hereof, offer to purchase from the Government, and by its acceptance hereof, and subject to the terms and conditions set out herein, the Government agrees to sell to the Underwriters, the Shares. The Canadian dollar offering price is Cdn. $ • and the U.S. dollar offering price is U.S.$ • . The aggregate purchase price for the Shares shall be equal to the sum of: (i) the number of Shares to be sold in Canada or otherwise at the Canadian dollar offering price (collectively the "Canadian Offered Shares") multiplied by Cdn. $ • (such product being the "Canadian Purchase Price"); and (ii) the number of Shares to be sold at the U.S. dollar offering price (collectively, the "U.S. Offered Shares") multiplied by U.S. $ • (such product being the "U.S. Purchase Price"). The Canadian Purchase Price will be payable to the Government in Canadian dollars and the U.S. Purchase Price will be payable to the Government in U.S. dollars. The purchase price for the Shares shall be payable at the Closing Time. In consideration of the Underwriters' agreement to purchase the Shares and to offer them to the public, which agreement w...
PREP procedures means the rules and procedures established pursuant to National Instrument 44-103 of the Canadian Securities Administrators for the pricing of securities in certain prospectus offerings after a receipt has been obtained for the prospectus; (u)
PREP procedures has the meaning ascribed thereto in the seventh paragraph of this Agreement;
PREP procedures has the meaning ascribed to such term on the first page of this Agreement.
PREP procedures has the meaning given to it in Section 2(a);
PREP procedures has the meaning given to it in paragraph 1;
PREP procedures has the meaning provided in paragraph (a) of Section 1A of this Agreement.