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 42 contracts
Samples: Business Combination Agreement (Screaming Eagle Acquisition Corp.), Business Combination Agreement (Jupiter Acquisition Corp), Incorporation Agreement With Articles
Obligation to Account for Profits. 16.1 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 8 contracts
Samples: Amalgamation Agreement, Rights Agreement (Brookfield Business Partners L.P.), Rights Agreement (Brookfield Business Partners L.P.)
Obligation to Account for Profits. 17.1 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 5 contracts
Samples: Amalgamation Agreement, Amalgamation Agreement, 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 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 4 contracts
Samples: Registration Rights Agreement (Mechanical Technology Inc), Business Combination Agreement (Schultze Special Purpose Acquisition Corp.), Business Combination Agreement (Acreage Holdings, Inc.)
Obligation to Account for Profits. 17.1 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.. Restrictions on Voting by Reason of Interest
Appears in 2 contracts
Samples: Arrangement Agreement (Hawthorne Gold Corp.), Amending Agreement (Hawthorne Gold Corp.)
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. β 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 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.β
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)
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
