Stated Capital. (a) Upon the Amalgamation, Amalco shall add to the stated capital account maintained in respect of the Amalco Shares an amount equal to the aggregate paid up capital for purposes of the Tax Act of the Newco Shares and the Interrobang Shares immediately before the Effective Time.
Appears in 2 contracts
Samples: Amalgamation Agreement, Amalgamation Agreement
Stated Capital. (a) Upon On the Amalgamation, Amalco shall add to the stated capital account maintained in respect of by Amalco for the Amalco Shares an amount equal to the aggregate paid up capital for purposes of (i) the amount of the Tax Act stated capital account maintained by Pxxxxx Dodge Subco in respect of the Newco Shares and the Interrobang Shares common shares of Pxxxxx Dodge Subco immediately before prior to the Effective TimeTime and (ii) the amount described in section 3.2(d) hereto.
Appears in 2 contracts
Samples: Combination Agreement (Phelps Dodge Corp), Combination Agreement (Inco LTD)
Stated Capital. (a) Upon the Amalgamation, Amalco shall add to the stated capital account maintained in respect of the Amalco Shares an amount equal to the aggregate paid up capital for purposes of the Tax Act of the Newco Genterra Shares and immediately before the Interrobang Effective Time plus the aggregate paid up capital for purposes of the Tax Act of the CMI Shares immediately before the Effective Time.
Appears in 2 contracts
Samples: Amalgamation Agreement (Genterra Inc), Amalgamation Agreement (Genterra Inc)