Common use of Continuous Disclosure Obligations Clause in Contracts

Continuous Disclosure Obligations. The Borrower is in compliance in all material respects with its timely and continuous disclosure obligations under Canadian Securities Laws, including, without limitation, under NI 51-102, and the policies, rules and regulations of the TSX and, without limiting the generality of the foregoing, there has not occurred any Material Change since January 1. 2011, which has not been publicly disclosed on a non-confidential basis and, except as may have been corrected by subsequent disclosure, the statements set forth in the Borrower’s Information Record did not contain any Misrepresentation as of the date of such statements and the Borrower has not filed any confidential material change reports since the date of such statements which remains confidential as at the date hereof.

Continuous Disclosure Obligations. The Borrower is in compliance in all material respects with its timely and continuous disclosure obligations under Canadian Securities Laws, including, without limitation, under NI 51-102, and the policies, rules and regulations of the TSX 102 and, without limiting the generality of the foregoing, there has not occurred any Material Change since January 1. 20112014, which has not been publicly disclosed on a non-confidential basis and, except as may have been corrected by subsequent disclosure, the statements set forth in the Borrower’s Information Record did not contain any Misrepresentation as of the date of such statements and the Borrower has not filed any confidential material change reports since the date of such statements which remains confidential as at the date hereof.