Stated Capital Account. The parties hereto agree that the Purchaser shall add $[AMOUNT] to the stated capital account maintained for the common shares in the capital of the Purchaser in respect of the Purchaser Share Consideration.
Stated Capital Account. In accordance with the provisions of subsection 24(2) of the Business Corporations Act (Ontario), Buyer hereby agrees that it shall be add to the stated capital account maintained by the Canadian Subsidiary for its Exchangeable Shares in respect of the Exchangeable Shares to be issued by the Canadian Subsidiary pursuant to Section 3.3(a) hereof the tax cost of the assets received by the Canadian Subsidiary as consideration therefor.
Stated Capital Account. 23 3.5 Election under subsection 85(1) of ITA . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 3.6
Stated Capital Account. In accordance with the provisions of subsection 26(3) of the Canada Business Corporations Act, the Asset Acquiror agrees that it shall add to the stated capital account maintained by it for its common shares in respect of the Common Shares to be issued by it pursuant to subsection 2.7(b) an amount equal to $1.00.
Stated Capital Account. In accordance with subsection 26(3) of the Canada Business Corporations, the Share Acquiror shall add to the stated capital account maintained for its issued preference shares in respect of the issuance of the Preference Shares pursuant to this Agreement, an amount equal to the Elected Amount in respect of the Purchased Shares.
Stated Capital Account. (a) In accordance with the provisions of subsection 28(3) of the Business Corporations Act (Alberta), on the issuance of Preferred Shares of any particular series in exchange for property, or shares of another class, or pursuant to an amalgamation referred to in section 182 of the Business Corporations Act (Alberta) or an arrangement referred to in paragraphs 193(1)(b) or (c) of the Business Corporations Act (Alberta), the directors of the Corporation may add to the stated capital account maintained for the Preferred Shares of that particular series the whole or any part of the amount of the consideration received by the Corporation in the exchange.
Stated Capital Account. Notwithstanding that the consideration received by the Purchaser for the issuance of the MezzaCap Shares is the aggregate fair market value of the New Shares, the parties agree that the Purchaser shall add to the stated capital account of the New Shares an aggregate amount equal to the paid up capital of the MezzaCap Shares, as determined in accordance with subsections 84.1(1) and/or 85(2.1) of the Tax Act.
Stated Capital Account. Notwithstanding that the Purchase Price received by Vendor for the transfer of the Purchased Shares is the fair market value of the Payment Shares transferred from Purchaser to Vendor in consideration therefor, the Parties hereto agree that Vendor shall add to the stated capital account maintained in respect of the Purchased Shares an amount equal to the paid-up capital of the Purchased Shares for purposes of the Income Tax Act (Canada).
