Canada Business Corporations Act Sample Clauses

Canada Business Corporations Act. R.S.C. 1985, c. C-44 Canada Business Corporations Regulations, SOR/2001-512 Canada Cooperatives Act, S.C. 1998, c. 1 Canada Cooperatives Regulations,SOR/99-256 These measures provide that restrictions may be imposed on the shares of federally incorporated corporations and cooperatives to meet certain conditions relating to Canadian ownership or control. These measures are reserved from the obligations imposed by Article 4 (National Treatment).
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Canada Business Corporations Act. 2.3 Transitional Provisions re Directors (a) DEH shall advise Canadian 88 and Noval on the date of this Agreement (or has previously advised) who the initial DEH Nominees will be. Canadian 88 shall use reasonable efforts to cause two of the current members of the Board of Directors to resign on the date of this Agreement (in a sequential manner, if required) so that the vacancies resulting thereby may be filled by the remaining directors of Canadian 88 with the initial DEH Nominees.
Canada Business Corporations Act. Subject to obtaining court approval and satisfying all other conditions to closing, including the approval of Xxxx’s shareholders, it is anticipated that the Transaction will be completed in early February 2007. In accordance with the terms of the trust indentures or other instruments governing the Bema warrants (‘‘Bema Warrants’’), each holder of a Bema Warrant immediately prior to the first moment in time on the date the Certificate of Arrangement is issued (the ‘‘Effective Time’’) shall be entitled to receive upon subsequent exercise of such holder’s Bema Warrant in accordance with its terms, and shall accept in lieu of each Bema Share to which such holder was theretofore entitled upon such exercise but for the same aggregate consideration, the Share Consideration. As with respect to Xxxx Xxxxxx obtained upon the exercise of Bema Warrants, Kinross Shares obtained upon the exercise of Bema Warrants after the Effective Date may be subject to restrictions upon resale as specified in the relevant Bema Warrant. Holders of Bema Warrants should consult their professional advisors with respect to these conditions and restrictions. Pursuant to the terms of the Agreement, Kinross has agreed to cause Amalco to execute a supplemental indenture or instrument by which Amalco will confirm that it will be bound by the obligations of Bema to perform and observe each covenant and condition contained in the indenture or instrument in accordance with its terms, and which supplemental indenture will confirm that the Bema Warrants shall become exercisable for the Share Consideration following the effective date of the Transaction and that Kinross shall take or cause to be taken all corporate action necessary to reserve for issuance a sufficient number of Kinross Shares for delivery by Amalco upon exercise of the Bema Warrant (subject to the adjustments required after giving effect to the Transaction). Furthermore, Kinross shall prepare and file with the stock exchanges on which Kinross Shares are listed, all necessary applications or other documents and pay all fees required in order to obtain the conditional listing approval of the Toronto Stock Exchange and the New York Stock Exchange in respect of the Kinross Shares issuable upon exercise of the Bema Warrants. If your Bema Warrants are currently listed on a stock exchange, they will remain listed following completion of the Transaction. The above-noted steps will occur automatically as part of the Transaction. The Bema Wa...

Related to Canada Business Corporations Act

  • Foreign Corrupt Practices Act None of the Company, any of its subsidiaries or, to the knowledge of the Company, any director, officer, agent, employee, affiliate or other person acting on behalf of the Company or any of its subsidiaries is aware of or has taken any action, directly or indirectly, that would result in a violation by such persons of the Foreign Corrupt Practices Act of 1977, as amended, and the rules and regulations thereunder (the “FCPA”), including, without limitation, making use of the mails or any means or instrumentality of interstate commerce corruptly in furtherance of an offer, payment, promise to pay or authorization of the payment of any money, or other property, gift, promise to give, or authorization of the giving of anything of value to any “foreign official” (as such term is defined in the FCPA) or any foreign political party or official thereof or any candidate for foreign political office, in contravention of the FCPA and the Company and, to the knowledge of the Company, its affiliates have conducted their businesses in compliance with the FCPA and have instituted and maintain policies and procedures designed to ensure, and which are reasonably expected to continue to ensure, continued compliance therewith.

  • Margin Regulations; Investment Company Act; Public Utility Holding Company Act (a) The Borrower is not engaged and will not engage, principally or as one of its important activities, in the business of purchasing or carrying margin stock (within the meaning of Regulation U issued by the FRB), or extending credit for the purpose of purchasing or carrying margin stock.

  • Communications Act The Communications Act of 1934, as amended, and the rules and regulations promulgated thereunder.

  • Investment Company Act of 1940 Engage in any business, enter into any transaction, use any securities or take any other action or permit any of its Subsidiaries to do any of the foregoing, that would cause it or any of its Subsidiaries to become subject to the registration requirements of the Investment Company Act of 1940, as amended, by virtue of being an “investment company” or a company “controlled” by an “investment company” not entitled to an exemption within the meaning of such Act.

  • Investment Company Act; Public Utility Holding Company Act Neither the Borrower nor any Subsidiary is (a) an "investment company" as defined in, or subject to regulation under, the Investment Company Act of 1940 or (b) a "holding company" as defined in, or subject to regulation under, the Public Utility Holding Company Act of 1935.

  • Fair Labor Standards Act 314. To the extent that the Agreement fails to afford employees the overtime or compensatory time off benefits to which they are entitled under the Fair Labor Standards Act, the Agreement is amended to authorize and direct all City Departments to ensure that their employees receive, at a minimum, such Fair Labor Standards Act Benefits.

  • Employee Retirement Income Security Act of 1974 (a) Section 3.12(a) of the Disclosure Schedule sets forth a list of all Plans and Benefit Arrangements maintained by the Company and any of its Subsidiaries (which for purposes of this Section 3.12 will include any ERISA Affiliate with respect to any Plan subject to Title IV of ERISA). As to all such Plans and Benefit Arrangements, and except as disclosed in such Section 3.12(a) of the Disclosure Schedule:

  • Public Utility Holding Company Act Neither the Company nor any of its Subsidiaries is a "holding company", or an "affiliate" of a "holding company" or a "subsidiary company" of a "holding company", within the meaning of the Public Utility Holding Company Act of 1935, as amended.

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