Examples of Amalgamating Corporation in a sentence
Each Amalgamating Corporation has all necessary corporate power and capacity to own, operate and lease its property and carry on its business as now conducted by it and is duly registered, licensed, permitted or otherwise qualified to carry on business in each jurisdiction in which the nature of the business now conducted by it requires it to be so registered, licensed, permitted or qualified.
The execution and delivery of this Agreement by each Amalgamating Corporation and the performance by each Amalgamating Corporation of its obligations under this Agreement have been duly authorized by the board of directors of such Amalgamating Corporation in the manner contemplated herein and no other corporate proceedings on its part are necessary to authorize this Agreement.
This Agreement may be terminated by the board of directors of an Amalgamating Corporation, notwithstanding the approval of this Agreement by the shareholders of either or both of the Amalgamating Corporations, at any time prior to the issuance of the Certificate of Amalgamation and following the termination of the Master Agreement, without, except as provided in the Master Agreement, any recourse by any Party hereto or any of their shareholders or other Persons.
This Agreement may be terminated by the board of directors of either Amalgamating Corporation notwithstanding the approval of this Agreement by the shareholders of both or either of the Amalgamating Corporations, at any time before the endorsement of a Certificate of Amalgamation under the BCBCA.
At any time before the Effective Date, this Agreement may be terminated by the directors of an Amalgamating Corporation, notwithstanding the approval of this Agreement by the shareholders of any or both of the Amalgamating Corporations.