ACKNOWLEDGEMENTS OF THE PARTIES. The Parties hereby acknowledge and agree as follows: (a) the Common Shares are subject to a statutory hold period of not less than six (6) months and one day from the date of issue; (b) the certificate representing the Common Shares will be endorsed with a legend setting out resale restrictions under applicable securities legislation; (c) the Seller is solely responsible for compliance with applicable hold periods and resale restrictions; and (d) effective at the Closing Time, all other agreements between the Parties relating to the Property (other than as contemplated herein) shall be terminated.
Appears in 3 contracts
Sources: Property Purchase Agreement (Bonanza Gold Corp.), Property Purchase Agreement (Bonanza Gold Corp.), Property Purchase Agreement (Amerilithium Corp.)
ACKNOWLEDGEMENTS OF THE PARTIES. The Parties hereby acknowledge and agree as follows:
(a) the Common Shares are subject to a statutory hold period of not less more than six (6) months and one day from the date of issue;
(b) the certificate representing the Common Shares will be endorsed with a legend setting out resale restrictions under applicable securities legislation;
(c) the The Seller is solely responsible for compliance with applicable hold periods and resale restrictions; and
(d) effective at the Closing Time, all other agreements between the Parties relating to the Property (other than as contemplated herein) shall be terminated.
Appears in 2 contracts
Sources: Property Purchase Agreement (Amerilithium Corp.), Property Purchase Agreement (Amerilithium Corp.)
ACKNOWLEDGEMENTS OF THE PARTIES. The Parties hereby acknowledge and agree as follows:
(a) the Common Shares are subject to a statutory hold period of not less more than six (6) 12 months and one day from the date of issue;; Properties Acquisition Agreement between
(b) the certificate representing the Common Shares will be endorsed with a legend setting out resale restrictions under applicable securities legislation;
(c) the The Seller is solely responsible for compliance with applicable hold periods and resale restrictions; and
(d) effective at the Closing Time, all other agreements between the Parties relating to the Property Properties (other than as contemplated herein) shall be terminated.
Appears in 1 contract
Sources: Properties Acquisition Agreement (American Lithium Minerals, Inc.)
ACKNOWLEDGEMENTS OF THE PARTIES. The Parties hereby acknowledge and agree as follows:
(a) the Common Shares are subject to a statutory hold period of not less more than six (6) 12 months and one day from the date of issue;
(b) the certificate representing the Common Shares will be endorsed with a legend setting out resale restrictions under applicable securities legislation;
(c) the Seller GOLD SUMMIT is solely responsible for compliance with applicable hold periods and resale restrictions; and
(d) effective at the Closing Time, all other agreements between the Parties relating to the Property Prospective Properties (other than as contemplated herein) shall be terminated.
Appears in 1 contract
Sources: Prospective Properties Acquisition Agreement (American Lithium Minerals, Inc.)
ACKNOWLEDGEMENTS OF THE PARTIES. The Parties hereby acknowledge and agree as follows:
(a) the Common Shares are subject to a statutory hold period of not less more than six (6) 12 months and one day from the date of issue;
(b) the certificate representing the Common Shares will be endorsed with a legend setting out resale restrictions under applicable securities legislation;
(c) the The Seller is solely responsible for compliance with applicable hold periods and resale restrictions; and
(d) effective at the Closing Time, all other agreements between the Parties relating to the Property (other than as contemplated herein) shall be terminated.
Appears in 1 contract
Sources: Property Acquisition Agreement (American Lithium Minerals, Inc.)