Obligation to Account for Profits. A director or senior officer who holds a disclosable interest (as that term is used in the Business Corporations Act) in a contract or transaction into which the Company has entered or proposes to enter is liable to account to the Company for any profit that accrues to the director or senior officer under or as a result of the contract or transaction only if and to the extent provided in the Business Corporations Act.
Appears in 46 contracts
Samples: Business Combination Agreement (Plum Acquisition Corp. III), Business Combination Agreement (Screaming Eagle Acquisition Corp.), Business Combination Agreement (Jupiter Acquisition Corp)
Obligation to Account for Profits. A director or senior officer who holds a disclosable interest (as that term is used in the Business Corporations Act) in a contract or transaction into which the Company has entered or proposes to enter is liable to account to the Company for any profit that accrues to the director or senior officer under or as a result of the contract or transaction only if and to the extent provided in the Business Corporations Act.
Appears in 22 contracts
Samples: Business Combination Agreement (Plum Acquisition Corp. III), Amalgamation Agreement, Rights Agreement (Brookfield Business Partners L.P.)
Obligation to Account for Profits. A director or senior officer who holds a disclosable interest (as that term is used in the Business Corporations Act) in a contract or transaction into which the Company has entered or proposes to enter is liable to account to the Company for any profit that accrues to the director or senior officer under or as a result of the contract or transaction only if and to the extent provided in the Business Corporations Act.Act.
Appears in 1 contract
Samples: Amalgamation Agreement
Obligation to Account for Profits. A director or senior officer who holds a disclosable interest (as that term is used defined in the Business Corporations Act) in a contract or transaction into which the Company has entered or proposes to enter is liable to account to the Company for any profit that accrues to the director or senior officer under or as a result of the contract or transaction only if and to the extent provided in the Business Corporations Act.
Appears in 1 contract
Obligation to Account for Profits. A director or senior officer who holds a disclosable interest (as that term is used in the Business Corporations Act) in a contract or transaction into which the Company has entered or proposes to enter is liable to account to the Company for any profit that accrues to the director or senior officer under or as a result of the contract or transaction only if and to the extent provided in the Business Corporations Act.
Appears in 1 contract
Samples: Business Combination Agreement
Obligation to Account for Profits. A director or senior officer who holds a disclosable interest (as that term tem' is used in the Business Corporations Act) in a contract or transaction into which the Company has entered or proposes to enter is liable to account to the Company for any profit that accrues to the director or senior officer under or as a result of the contract or transaction only if and to the extent provided in the Business Corporations Act.
Appears in 1 contract
Samples: Amalgamation Agreement
Obligation to Account for Profits. A director or senior officer who holds a disclosable interest (as that term is used in the Business Corporations ActCorporationsAct) in a contract or transaction into which the Company has entered or proposes to enter is liable to account to the Company for any profit that accrues to the director or senior officer under or as a result of the contract or transaction only if and to the extent provided in the Business Corporations Act.
Appears in 1 contract
Samples: Incorporation Agreement (Boart Longyear Australia Pty LTD)
