Qualifying Transaction Sample Clauses

Qualifying Transaction. The LCV Transaction, together with the ▇▇▇▇▇▇ Transaction, satisfy the requirements of section 10.16(15) of the Exchange Listing Manual.

Qualifying Transaction. On December 30, 2013, the Company signed a non-binding letter of intent with Credent Capital Corp. (“Credent Capital”), a corporation existing under the laws of British Columbia, Canada, which outlines the general terms and conditions pursuant to which the Company and Credent Capital will be willing to complete a transaction that will effectively result in the acquisition by Credent Capital of the shares of the Company, and a reverse take-over of Credent Capital by the shareholders of the Company. HYDRO POWER TECHNOLOGIES INC. FOR THE PERIOD ENDED SEPTEMBER 30, 2019 (Expressed in Canadian Dollars) HYDRO POWER TECHNOLOGIES INC. (Expressed in Canadian dollars) Cash $ — $ — HST Receivable 36,419 36,419 Prepaid expenses and deposits 5,547 5,547 Total Current Assets 41,965 41,965 Equipment, net of accumulated depreciation 1,164 1,332 Deferred development costs (Note 4) 1,036,418 1,036,418 TOTAL ASSETS $ 1,079,548 $ 1,079,716 Accounts payable and accrued liabilities 191,130 191,130 Shareholder Loan (Note 5) 724,387 724,387 Total Current Liabilities 915,517 915,517 Share capital (Note 6) 1,060,505 1,060,505 Share subscriptions receivable (Note 6) (10,505 ) (10,505 ) Deficit (885,969 ) (885,801 ) TOTAL EQUITY 164,031 164,199 TOTAL LIABILITIES AND EQUITY $ 1,079,548 $ 1,079,716 Going Concern (Note 1) G▇▇▇▇ ▇▇▇▇▇▇▇ - Director M▇▇▇▇▇▇ ▇▇▇▇▇▇▇ - Director See accompanying notes to the financial statements. HYDRO POWER TECHNOLOGIES INC.

Qualifying Transaction. The Transaction satisfies the requirements of section 10.16(15) of the NEO Exchange listing manual.

Qualifying Transaction. The Col-Care Transaction constitutes the Qualifying Transaction of CGGC as required by, and within the meaning ascribed thereto in, the Exchange Listing Manual.

Qualifying Transaction. Responsibilities of CDNX 1. When reviewing a QT Circular filing, CDNX will exercise its reasonable professional judgement. 2. When reviewing a QT Circular, CDNX, on a timely basis, having regard to the procedures set out in Part II of Appendix A will use its reasonable best efforts to: (a) apply and enforce the CPC Policy; and (b) assess the quality of the disclosure in the QT Circular to determine whether it appears to comply in all material respects with the QT Circular Form. 3. CDNX will not accept a QT Circular where it appears to CDNX that: (a) the QT Circular does not comply in all material respects with the QT Circular Form; (b) there is material non-compliance with the CPC Policy and such non-compliance, if allowed, would constitute a Significant Waiver, unless a Significant Waiver has been granted in accordance with Part VI of this Agreement; or (c) any necessary exemption or waiver from securities legislation has not been granted by the relevant securities regulatory authority(ies) or regulator(s). 4. This Agreement does not impose on CDNX a standard higher than that which would be achieved by the exercise of reasonable professional judgement. This Agreement does not impose a responsibility on CDNX to: (a) be a substitute for the due diligence investigations of the CPC, its directors, officers, promoters or the Sponsor; (b) ensure the viability of the Resulting Issuer; (c) guarantee the adequacy of the disclosure in the QT Circular; (d) guarantee there are no public interest concerns; (e) guarantee compliance with the CPC Policy; or (f) guarantee compliance by the CPC, Target Company or the Resulting Issuer with applicable securities legislation or securities directions.

Qualifying Transaction. Each of the Founders hereby agrees to vote all shares held in the Corporation in support of any Qualifying Transaction brought forward by the Corporation in compliance with applicable law.

Qualifying Transaction. 24 4.27 Affiliates.......................................................................24 4.28

Qualifying Transaction. The definition of Qualifying Transaction in Section 5 of Schedule 2 of the Agreement shall be modified to [***] accounts purchased in any Bulk Account Acquisition from another entity within a [***] period. By way of example, if in [***] ADT purchases [***] accounts from Dealer A, and then again purchases [***] additional accounts from Dealer A in [***], it will be considered a Bulk Account Acquisition of [***] accounts. Furthermore, the definition of Bulk Account Acquisition in the Agreement is hereby deleted and amended as follows:

Qualifying Transaction. Concurrently with the closing of a Qualifying Transaction, at the option of Payee, all or any part of the principal of, and accrued interest on, this Note to the extent then outstanding and unpaid, may, upon written notice delivered to Payor in the form attached hereto as Exhibit “A”, be converted into that number of shares of Series A Preferred Stock of Payor being sold in such Qualifying Transaction equal to the amount of principal and interest that Payee elects to convert divided by the per share purchase price of the Series A Preferred Stock sold in such Qualifying Transaction. Payor and Payee agree that such conversion shall be subject to all of the applicable terms and conditions of this Note, the Note Purchase Agreement and the Securities Purchase Agreement. Upon conversion of all or any part of the principal of, and accrued interest on, this Note, Payee shall become a party to the Securities Purchase Agreement and all documents related to the issuance and sale of the Series A Preferred Stock and shall be deemed to be a purchaser thereunder.