Business Corporations Act Clause Samples

The Business Corporations Act clause establishes that the agreement or entity in question is governed by the rules and regulations set out in the relevant Business Corporations Act, typically of a specific jurisdiction. This means that the formation, operation, and dissolution of the corporation must comply with statutory requirements such as director duties, shareholder rights, and reporting obligations. By referencing the Act, the clause ensures legal compliance and provides a clear legal framework, reducing ambiguity and helping to resolve disputes by referencing established corporate law.
POPULAR SAMPLE Copied 4 times
Business Corporations Act. To the extent required pursuant to Section 45 of the Business Corporations Act (Alberta), each of the Guarantors hereby consents to the entering into of the transactions contemplated in the Indenture and this Guarantee (including the giving of guarantees and the granting of security) by each of the other Credit Parties.
Business Corporations Act. I Hereby Certify that, according to the corporate register maintained by me, KELSAN TECHNOLOGIES CORP. is registered as an amalgamated extraprovincial company under the laws of the Province of British Columbia and is, with respect to the filing of annual reports, in good standing. Issued under my hand at Victoria, British Columbia On April 20, ▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇ Registrar of Companies Province of British Columbia Canada
Business Corporations Act. Definitions Apply. 1