Common use of Certain Terminology Clause in Contracts

Certain Terminology. For the purposes of this Agreement, the terms and phrases “acting jointly or in concert”, “beneficial ownership”, “take-over bid” and “issuer bid” (or grammatical variations thereof) shall have the meanings given to them under applicable Canadian Securities Acts and “take-over bid” shall include a tender offer or exchange offer conducted pursuant to applicable U.S. Securities Laws.

Appears in 2 contracts

Sources: Investor Rights Agreement (Real Brokerage Inc), Securities Subscription Agreement (Real Brokerage Inc)

Certain Terminology. For the purposes of this Agreement, the terms and phrases “acting jointly or in concert”, “beneficial ownership”, “take-over bid” and “issuer bid” (or grammatical variations thereof) shall have the meanings given to them under applicable Canadian Securities Acts Laws and “take-over bid” shall include a tender offer or exchange offer conducted pursuant to applicable U.S. Securities Laws.

Appears in 2 contracts

Sources: Investor Rights Agreement, Investor Rights and Strategic Opportunities Agreement

Certain Terminology. For the purposes of this Agreement, the terms and phrases “acting jointly or in concert”, “beneficial ownership”, “take-over bid” and “issuer bid” (or grammatical variations thereof) shall have the meanings given to them under applicable Canadian Securities Acts and Acts, “take-over bid” shall include a tender offer or exchange offer conducted pursuant to applicable U.S. Securities LawsLaws and for purposes of determining whether a take-over bid has been made under NI 62-104, beneficial ownership shall be determined after giving effect to any applicable Exchange Cap.

Appears in 1 contract

Sources: Investor Rights Agreement (Tricon Residential Inc.)