Common use of Material Changes During Distribution Clause in Contracts

Material Changes During Distribution. During the period from the date hereof to the completion of the Closing, the Company shall: (i) promptly notify the Agents (and, if requested by the Agents, confirm such notification in writing) of any material change (actual, anticipated, contemplated or threatened, financial or otherwise) in the business, affairs, operations, assets, liabilities (contingent or otherwise) or capital of the Company; and (ii) promptly, and in any event, within any applicable time limitation, comply with all applicable filing and other requirements under Canadian Securities Laws as a result of such change. The Company shall in good faith discuss with the Agents any fact or change in circumstances (actual, anticipated, contemplated or threatened, and financial or otherwise) which is of such a nature that there is reasonable doubt as to whether notice in writing need be given to the Agents pursuant to this paragraph 3(a).

Appears in 2 contracts

Sources: Agency Agreement (Kirkland Lake Gold Inc), Agency Agreement (Kirkland Lake Gold Inc)

Material Changes During Distribution. During the period from the date hereof to the completion of the Closingdistribution of the Common Shares, the Company shall: (i) promptly notify the Agents (and, if requested by the Agents, confirm such notification in writing) of any material change (actual, anticipated, contemplated or threatened, financial or otherwise) in the business, affairs, operations, assets, liabilities (contingent or otherwise) or capital of the Company; and (ii) promptly, and in any event, within any applicable time limitation, comply with all applicable filing and other requirements under Canadian Securities Laws as a result of such change. The Company shall in good faith discuss with the Agents any fact or change in circumstances (actual, anticipated, contemplated or threatened, and financial or otherwise) which is of such a nature that there is reasonable doubt as to whether notice in writing need be given to the Agents pursuant to this paragraph 3(a).

Appears in 1 contract

Sources: Agency Agreement (Kirkland Lake Gold Inc)