Common use of Qualifications Clause in Contracts

Qualifications. No officer may be appointed unless that officer is qualified in accordance with the Business Corporations Act. One person may hold more than one position as an officer of the Company. Any person appointed as the chair of the board or as the managing director must be a director. Any other officer need not be a director.

Appears in 26 contracts

Samples: Business Combination Agreement (Plum Acquisition Corp. III), Business Combination Agreement (Screaming Eagle Acquisition Corp.), Incorporation Agreement (QualTek Wireline LLC)

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Qualifications. No officer may be appointed unless that officer is qualified in accordance with the Business Corporations Act. One person may hold more than one position as an officer of the Company. Any person appointed as the chair of the board or as the a managing director must be a director. Any other officer need not be a director.

Appears in 23 contracts

Samples: Incorporation Agreement, Business Combination Agreement, Separation and Distribution Agreement (Inpixon)

Qualifications. No officer person may be appointed as an officer unless that officer person is qualified in accordance with the Business Corporations Act. One person may hold more than one position as an officer of the Company. Any person appointed as the chair of the board or as the a managing director must be a director. Any other officer need not be a director.

Appears in 11 contracts

Samples: Business Combination Agreement (Plum Acquisition Corp. III), Amalgamation Agreement, Amalgamation Agreement

Qualifications. No officer person may be appointed as an officer unless that officer person is qualified in accordance with the Business Corporations Act. One person may hold more than one position as an officer of the Company. Any person appointed as the chair of the board, chair of a committee of the board or as the managing director lead independent director, if any, must be a director. Any other officer need not be a director.

Appears in 7 contracts

Samples: Rights Agreement (Brookfield Business Partners L.P.), Rights Agreement (Brookfield Business Partners L.P.), Rights Agreement (Brookfield Business Partners L.P.)

Qualifications. No officer may be appointed unless that officer is qualified in accordance with the Business Corporations Act. One person may hold more than one position as an officer of the Company. Any person appointed as the chair of the board or as the managing director must be a director. Any other officer need not be a director.

Appears in 4 contracts

Samples: Business Combination Agreement (Jupiter Acquisition Corp), Incorporation Agreement (BirchBioMed Inc.), Merger Agreement

Qualifications. No officer may will be appointed unless that officer is qualified in accordance with the Business Corporations provisions of the Act. One person may hold more than one position as an officer of the Company. Any person appointed as the chair of the board or as the managing director must will be a director. Any The other officer officers need not be a directordirectors.

Appears in 3 contracts

Samples: Class a Preferred Share Purchase Agreement (Mechanical Technology Inc), Business Combination Agreement (Acreage Holdings, Inc.), Business Combination Agreement

Qualifications. No officer may be appointed unless that officer is qualified in accordance with the Business Corporations Act. One person may hold more than one position as an officer of the Company. Any person appointed as the chair of the board or as the a managing director must be a director. Any other officer need not be a director.

Appears in 2 contracts

Samples: Business Combination Agreement, Amalgamation Agreement

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Qualifications. No officer may be appointed unless that officer is qualified in accordance with the Business Corporations Act. One person may hold more than one position as an officer of the Company. Any person appointed as the chair of the board or as the a managing director must be a director. Any other officer need not be a director.director.‌

Appears in 1 contract

Samples: Amalgamation Agreement

Qualifications. No officer may be appointed unless that officer is qualified in accordance with the Business Corporations Act. One person may hold more than one position as an officer of the Company. Any person appointed as the chair of the board or as the managing director must be a director. Any other officer need not be a director.

Appears in 1 contract

Samples: Business Combination Agreement (Schultze Special Purpose Acquisition Corp.)

Qualifications. No officer may be appointed unless that officer is qualified in accordance with the Business Corporations Act. One person may hold more than one position as an officer of the Company. Any person appointed as the chair of the board or as the a managing director must be a director. Any other officer need not be a director.

Appears in 1 contract

Samples: Business Combination Agreement (Acreage Holdings, Inc.)

Qualifications. No officer officers may be appointed unless that officer is qualified in accordance with the Business Corporations Act. One person may hold more than one position as an officer of the Company. Any person appointed as the chair of the board or as the a managing director must be a director. Any other officer need not be a director.

Appears in 1 contract

Samples: Arrangement Agreement (Bayswater Uranium CORP)

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