Common use of Economic Equivalence Clause in Contracts

Economic Equivalence. The Board of Directors shall determine, in good faith and in its sole discretion (with the assistance of such financial or other advisors as the Board of Directors may determine), “economic equivalence” for the purposes of the Exchangeable Share Provisions and each such determination shall be conclusive and binding on the Company and its shareholders. In making each such determination, the following factors shall, without excluding other factors determined by the Board of Directors to be relevant, be considered by the Board of Directors:

Appears in 7 contracts

Samples: Voting and Exchange Trust Agreement (Zymeworks Delaware Inc.), And Amended Transaction Agreement (Zymeworks Inc.), Amalgamation Agreement (AMERI Holdings, Inc.)

AutoNDA by SimpleDocs

Economic Equivalence. The For the purposes of Section 3.1 and Section 3.2 hereof, the Board of Directors shall determine, acting in good faith and in its sole discretion (with the assistance of such reputable and qualified independent financial or advisors and/or other advisors experts as the Board of Directors board may determinerequire), economic equivalence” for the purposes of the Exchangeable Share Provisions equivalence and each such determination shall be conclusive and binding on the Company Corporation and its shareholders. In making each such determination, the following factors shall, without excluding other factors determined by the Board of Directors to be relevant, be considered by the Board of Directors:

Appears in 2 contracts

Samples: Arrangement Agreement (U S Gold Corp), Arrangement Agreement (Minera Andes Inc /Wa)

Economic Equivalence. The Board of Directors shall determine, in good faith and in its sole discretion (with the assistance of such financial or other advisors as the Board of Directors may determine), “economic equivalence” for the purposes of the Exchangeable Share Provisions and each such determination shall be conclusive and binding on the Company Subco and its shareholders. In making each such determination, the following factors shall, without excluding other factors determined by the Board of Directors to be relevant, be considered by the Board of Directors:

Appears in 1 contract

Samples: Share Exchange Agreement (Rockford Minerals Inc /Fi)

Economic Equivalence. The For the purposes of Section 3.1 and Section 3.2 hereof, the Board of Directors shall will determine, acting in good faith and in its sole discretion (with the assistance of such reputable and qualified independent financial or advisors and/or other advisors experts as the Board of Directors may determinerequire), economic equivalence” for the purposes of the Exchangeable Share Provisions equivalence and each such determination shall will be conclusive and binding on the Company Partnership and its shareholdersunitholders. In making each such determination, the following factors shallwill, without excluding other factors determined by the Board of Directors to be relevant, be considered by the Board of Directors:

Appears in 1 contract

Samples: Limited Partnership Agreement (Brookfield Property Partners L.P.)

AutoNDA by SimpleDocs

Economic Equivalence. The Board of Directors shall determine, in good faith and in its sole discretion (with the assistance of such financial or other advisors as the Board of Directors may determine), "economic equivalence" for the purposes of the Exchangeable Share Provisions and each such determination shall be conclusive and binding on the Company and its shareholders. In making each such determination, the following factors shall, without excluding other factors determined by the Board of Directors to be relevant, be considered by the Board of Directors:

Appears in 1 contract

Samples: Exchange Agreement (Biotricity Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!