CSE Delisting Sample Clauses

The CSE Delisting clause defines the consequences and procedures that apply if a company's securities are removed from trading on the Canadian Securities Exchange (CSE). Typically, this clause outlines the rights and obligations of the parties in the event of delisting, such as triggering early repayment of convertible securities, adjusting conversion terms, or providing notice to investors. Its core practical function is to protect stakeholders by clarifying what happens to their interests if the company is no longer publicly traded on the CSE, thereby reducing uncertainty and managing risk in such scenarios.
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CSE Delisting. Subject to applicable Laws, the Purchaser and the Company shall use their commercially reasonable efforts promptly following the Effective Time to cause the Company Shares to be de-listed from the CSE with effect promptly following the acquisition by the Purchaser of the Company Shares pursuant to the Arrangement.
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CSE Delisting. Subject to the receipt of the approval of the Arrangement Resolution by XS Securityholders in accordance with the terms of this Agreement and applicable Law, and receipt of all applicable Court approvals to give effect to the Arrangement, Purchaser and XS shall use their commercially reasonable efforts to cause the SV Shares to be de-listed from the CSE promptly following the Effective Time, with effect as soon as practicable following the acquisition by Purchaser of the XS Shares pursuant to the Arrangement.
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CSE Delisting. Subject to applicable Laws, Numinus and Novamind shall use their commercially reasonable efforts to cause the Novamind Shares to be de-listed from the CSE with effect promptly following the acquisition by Numinus of the Novamind Shares pursuant to the Arrangement.
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Related to CSE Delisting

  • Delisting Delisting of the Common Stock from any Principal Market; failure to comply with the requirements for continued listing on a Principal Market for a period of seven consecutive trading days; or notification from a Principal Market that the Borrower is not in compliance with the conditions for such continued listing on such Principal Market.

  • Stock Exchange Delisting Prior to the Closing Date, the Company shall cooperate with Parent and use reasonable best efforts to take, or cause to be taken, all actions, and do or cause to be done all things, reasonably necessary, proper or advisable on its part under applicable Laws and rules and policies of the NYSE to enable the delisting of the Company Shares from the NYSE and the deregistration of the Company Shares under the Exchange Act as promptly as practicable after the Effective Time.

  • Stock Exchange Delisting; Deregistration Prior to the Closing Date, the Company shall cooperate with Parent and use its reasonable best efforts to take, or cause to be taken, all actions, and do or cause to be done all things, reasonably necessary, proper or advisable on its part under applicable laws and rules and policies of NASDAQ to enable the delisting by the Surviving Corporation of the Shares from NASDAQ and the deregistration of the Shares under the Exchange Act as promptly as practicable after the Effective Time.

  • Delisting Event A “Delisting Event” occurs if the American Depositary Shares are delisted from a securities exchange on which the American Depositary Shares were listed and the Company has not listed or applied to list the American Depositary Shares on any other securities exchange.

  • Nasdaq Until the consummation of a Business Combination, the Company will use its best efforts to maintain the listing of the Public Securities on Nasdaq or a national securities exchange acceptable to the Representative.