Common use of Full Particulars Clause in Contracts

Full Particulars. During the distribution period, the Company will promptly inform the Agents in writing of the full particulars of: (i) any material change (actual, anticipated, proposed or credibly threatened) in the business, financial condition, affairs, operations, assets, liabilities or obligations (contingent or otherwise), prospects, capital or ownership of the Company or the Mineral Properties; (ii) any notice by any judicial or regulatory authority requesting any information, meeting, or hearing relating to the Company and its affairs or the Offering, other than those in the ordinary course relating to the Offering; (iii) any material fact in respect of the Company or the Mineral Properties, that had not been previously disclosed to the Agents; or (iv) any requests from any Securities Regulators, the TSXV or any other competent Governmental Entity relating to the Company or which may be relevant to the distribution of the Offered Securities or the listing of the Offered Securities on the TSXV. The Company shall promptly, and in any event within any applicable time limitation, comply, to the satisfaction of the Agents, acting reasonably, with all applicable filings and other requirements under the Canadian Securities Laws as a result of such fact or change. The Company shall in good faith discuss with the Agents any fact or change in circumstances (actual, anticipated, contemplated, proposed or threatened, financial or otherwise) which is of such a nature that there is or could be reasonable doubt whether written notice need be given under this Section 4(m).

Appears in 1 contract

Sources: Agency Agreement (Premium Nickel Resources Ltd.)

Full Particulars. During the distribution period, the Company will promptly inform the Agents in writing of the full particulars of: (i) any material change (actual, anticipated, proposed or credibly threatened) in the business, financial condition, affairs, operations, assets, liabilities or obligations (contingent or otherwise), prospects, capital or ownership of the Company or the Mineral Properties; (ii) any notice by any judicial or regulatory authority requesting any information, meeting, or hearing relating to the Company and its affairs or the Offering, other than those in the ordinary course relating to the Offering; (iii) any material fact in respect of the Company or the Mineral Properties, that had not been previously disclosed to the Agents; or (iv) any requests from any Securities Regulators, the TSXV or any other competent Governmental Entity relating to the Company or which may be relevant to the distribution of the Offered Securities or the listing of the Offered Securities on the TSXV. The Company shall promptly, and in any event within any applicable time limitation, comply, to the satisfaction of the Agents, acting reasonably, with all applicable filings and other requirements under the Canadian Securities Laws as a result of such fact or change. The Company shall in good faith discuss with the Agents any fact or change in circumstances (actual, anticipated, contemplated, proposed or threatened, financial or ​ ​ otherwise) which is of such a nature that there is or could be reasonable doubt whether written notice need be given under this Section 4(m4.1(l).

Appears in 1 contract

Sources: Agency Agreement (Premium Nickel Resources Ltd.)