Transaction a Share Sale Sample Clauses

Transaction a Share Sale. (a) Seller and Buyer (on its own behalf and that of its Affiliates, including the Rangeland Companies) hereby acknowledge and agree that the purchase and sale of the Shares, as described in Section 2.1 of this Agreement (the “Subject Transaction”), shall be, for purposes of the Tax Act and the Alberta Tax Act, treated at all material times as the purchase and sale of shares which are non-depreciable “capital property” as that term is defined in Section 54 of the Tax Act. For greater certainty, Seller and Buyer (on its own behalf and that of its Affiliates, including the Rangeland Companies) acknowledge and agree that they will not advocate in any way or at any time that the Subject Transaction should be treated for purposes of the Tax Act and the Alberta Tax Act as the sale and purchase of depreciable assets or any type of transaction other than as specified above.
Sample 1
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Related to Transaction a Share Sale

  • Sale Transaction Paragraph (a) of the definition of “Sale Transaction” is amended and restated as follows: “(a) A sale or other disposition by the Company of all or substantially all of its assets;”. The word “or” is inserted (i) after the end of Paragraph (a) of the definition of Sale Transaction and before the beginning of Paragraph (b) of the definition of Sale Transaction; and (ii) after the end of Paragraph (b) of the definition of Sale Transaction and before the beginning of Paragraph (c) of the definition of Sale Transaction. Paragraph (d) of the definition of Sale Transaction shall be deleted in its entirety.

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  • Shareholder Transactions (i) Process shareholder purchase and redemption orders in accordance with conditions set forth in the Trust's prospectus.

  • Pre-Closing Transactions Prior to the purchase of the Initial Securities on the Closing Date, the Pre-Closing Transactions shall have been duly consummated at the respective times and on the terms contemplated by this Agreement, the General Disclosure Package and the Prospectus and the Representatives shall have received such evidence that the Pre-Closing Transactions have been consummated as the Representatives may reasonably request.

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