Canadian Assets definition

Canadian Assets means the assets, undertakings, and properties of Hollander Canada at the applicable time.

Canadian Assets shall have the meaning assigned thereto in Section 5.9(b).

Canadian Assets means assets of any Canadian Subsidiary.

Examples of Canadian Assets in a sentence

• The Canadian Assets consist of approximately 611 MW of highly contracted power generation assets located in Ontario and Quebec.

• On the maturity date, the Corporation will have the right, at its sole option, to convert the outstanding principal amount of the debenture, in whole or in part, into common shares of TransAlta Renewables at a conversion price of $13.16 per common share, being a 35 per cent premium to the offering price on the closing date of the investment in the Canadian Assets.

• The results from the Canadian Assets sale are reported as discontinued operations.

• The outstanding balance will be secured by a registered charge on the Canadian Assets.

• In February 2017, Maha sold its interest in the Manitou and Marwayne properties (the "Canadian Assets") for a total of CAD$1,650,000.

More Definitions of Canadian Assets

Canadian Assets means those assets of SSC Canada, Smurfit-MBI, MBI Limited, B.C. Shipper Supplies Ltd., and Francobec Company that are identified as “Acquired Assets” in the Asset Purchase Agreement, including, without limitation, (i) the Interests in certain other Canadian Debtors that are held by SSC Canada or Smurfit-MBI either prior to the Effective Date or on the Effective Date in accordance with the terms of this Plan, (ii) the Interests in certain non-Debtor Affiliates of the Debtors that are held by SSC Canada or Smurfit-MBI on the Effective Date, and (iii) all Intercompany Claims held by SSC Canada, Smurfit-MBI, MBI Limited, B.C. Shipper Supplies Ltd., and Francobec Company.

Canadian Assets means all of the Purchased Assets used wholly or partly to carry on the Business in Canada other than the Acquired Proprietary Rights and Acquired Technology.

Canadian Assets means Purchased Assets owned or held for use, prior to the Closing Date, by Milacron Canada or otherwise located in Canada.

Canadian Assets means all Acquired Assets other than the Purchaser Acquired Interests.

Canadian Assets means the Purchased Assets (and excluding, for the avoidance of doubt, any Excluded Assets) owned by Affinia Canada, which relate to the Business in Canada.

Canadian Assets means the assets set forth on Appendix I to this Plan of Arrangement;

Canadian Assets means those Purchased Assets owned, beneficially or otherwise, by Canadian Seller.