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Canadian Development Expense definition

Canadian Development Expense or “CDE” means Canadian development expense as defined in subsection 66.2(5) of the Tax Act.
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Canadian Development Expense or “CDE” means Canadian development expense described in paragraphs (a) or (b) of the definition of “Canadian development expense” in subsection 66.2(5) of the Act or that would be described in paragraph (f) of such definition if the words “paragraphs (a) to (e)” in that paragraph were read as “paragraphs (a) and (b)”, excluding amounts which are prescribed to constitute “Canadian exploration and development overhead expense” under the Act and the amount of any assistance described in paragraph 66(12.62)(a) or 66(12.601)(c) of the Act;
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Canadian Development Expense or “CDE” means expenses described in the definition of “Canadian development expense” in subsection 66.2(5) of the ITA, excluding amounts which are prescribed to constitute “Canadian exploration and development overhead expense” under the ITA, the amount of any assistance described in paragraph 66(12.62)(a) of the ITA and any expense described in paragraph 66(12.62)(b.1) of the ITA;
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Examples of Canadian Development Expense in a sentence

  • The amounts calculated in Area I above form part of your CCEE (Cumulative Canadian Exploration Expense) and CCDE (Cumulative Canadian Development Expense) pools, as the case may be.

  • During the second quarter of 2019, the Company completed a Canadian Development Expense ("CDE") and Canadian Exploration Expense ("CEE") flow-through financing.

  • Following the conversion of these Subscription Receipts, 635,642 Canadian Exploration Expense (“CEE”) flow-through common shares of InPlay were issued and 866,762 Canadian Development Expense (“CDE”) flow-through common shares of InPlay were issued.

  • The amounts calculated in Area I above form part of your CCEE (Cumulative Canadian Exploration Expense) and CCDE (Cumulative Canadian Development Expense) pool, as the case may be.

  • Including NCIB purchases in 2008, a total of 1,623,900 Common Shares were purchased by Paramount under the NCIB for a total cost of $11.4 million.Share IssuancesIn October 2009, Paramount issued 1,000,000 Canadian Development Expense flow-through Common Shares for gross proceeds of $16.9 million to a company controlled by Paramount’s Chairman and Chief Executive Officer.

  • In February 2016, the Company completed a Canadian Development Expense ("CDE") flow-through financing for gross proceeds of $5.0 million (CAD$7.0 million).

  • During the year, the Company completed a Canadian Development Expense ("CDE") flow-through financing for gross proceeds of CAD $12.0 million (at a price per share of CAD $10.87) and Canadian Exploration Expense ("CEE") flow-through financing for gross proceeds of CAD $3.0 million (at a price per share of CAD $15.15), both at premiums to the share price on the date of issuance.

  • In 2015, the Company completed Canadian Development Expense ("CDE") and Canadian Exploration Expense ("CEE") flow-through financings for gross proceeds of $18.9 million, and completed the qualifying expenditures during 2015.

  • PART NUMBER FOR COMLIN TYPE816, 916, 818 & 918PART NUMBER FOR COMLIN TYPE817 & 917 Pipe O/D * Do not exceed the Maximum Temperature for the Grade of Comlin used.

  • In February 2016, the Company completed a Canadian Development Expense ("CDE") flow-through financing for gross proceeds of $5.0 million (CAD $7.0 million).


More Definitions of Canadian Development Expense

Canadian Development Expense or “CDE” means an expense as described in the definition of “Canadian development expense” in subsection 66.2(5) of the Tax Act, other than amounts which are: (i) assistance described in paragraph 66(12.62)(a) of the Tax Act; (ii) prescribed to be Canadian exploration and development overhead expenses for purposes of paragraph 66(12.62)(b) of the Tax Act; (iii) specified expenses that are described in paragraph (e) of the definition of “Canadian development expense” in subsection 66.2(5) of the Tax Act or that are described in paragraph (f) of that definition because of the reference in the latter paragraph to paragraph (e); or (iv) any expenses for prepaid services or rent that do not qualify as outlays and expenses for the period as described in the definition of “expense” in subsection 66(15) of the Tax Act; (f) “CDE Shares” has the meaning ascribed to such term in the Agency Agreement; (g) “CEE Shares” has the meaning ascribed to such term in the Agency Agreement; (h) “Closing Date” means June 14, 2024 or such other date as the Company and the Agent may agree; (i) “Commitment Amount” means, in respect of each Subscriber, an amount equal to C$18.41 multiplied by the number of FT Shares subscribed for by the Subscriber hereunder; (j) “CRA” means the Canada Revenue Agency; (k) “December 2023 FTS Offering” means the issuance and sale of 1,115,000 shares of common stock of the Company that qualified as “flow-through shares” as defined in subsection 66(15) of the Tax Act with respect to Canadian Development Expenses, pursuant to the terms and conditions of applicable subscription and renunciation agreements dated December 14, 2023; (l) “First Tranche CDE Aggregate Commitment Amount” means the amount of C$4,100,000; (m) “First Tranche CDE Commitment Amount” means, in respect of each Subscriber, such Subscriber’s portion (determined pro rata by number of FT Shares subscribed for) of the First Tranche CDE Aggregate Commitment Amount, being an amount equal to the First Tranche CDE Aggregate Commitment Amount multiplied by a fraction, the numerator of which is the number of FT Shares subscribed for by the Subscriber hereunder and the denominator of which is 890,000; (n) “First Tranche CDE Expenditure Period” means the period commencing on the date of acceptance of this Subscription Agreement and ending on the earlier of: i. the date on which the First Tranche CDE Aggregate Commitment Amount has been fully expended in accordance with the terms hereof; and ii. the ...
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Canadian Development Expense or “CDE” means an expense as described in subsection 66.2(5) of the Tax Act, other than amounts which are: (i) assistance described in paragraph 66(12.62)(a) of the Tax Act; (ii) prescribed to be Canadian exploration and development overhead expenses for purposes of paragraph 66(12.62)(b) of the Tax Act; (iii) specified expenses that are described in paragraph (e) of the definition of "Canadian development expense" in subsection 66.2(5) of the Tax Act or that are described in paragraph (f) of that definition because of the reference in the latter paragraph to paragraph (e); or (iv) any expenses for prepaid services or rent that do not qualify as outlays and expenses for the period as described in the definition of "expense" in subsection 66(15) of the Tax Act;
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Canadian Development Expense or "CDE" means expenses of the nature referred to in paragraphs
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Canadian Development Expense means a “Canadian development expense” as defined in subsection 66.2(5) of the ITA, other than amounts which are: i. assistance described in paragraph 66(12.62)(a) of the ITA; ii. prescribed to be Canadian exploration and development overhead expenses for the purposes of paragraph 66(12.62)(b) of the ITA; iii. any expense described in paragraph 66(12.62)(b.1); iv. specified expenses that are described in paragraph (e) of the definition of “Canadian development expense” in subsection 66.2(5) of the ITA or that are described in paragraph (f) of that definition because of the reference in the latter paragraph to paragraph (e); or v. any expense for prepaid services or rent that do not qualify as outlays and expenses for the period as described in the definition of "expense" in subsection 66(15) of the ITA;
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Related to Canadian Development Expense

  • Development Costs means costs incurred to obtain access to reserves and to provide facilities for extracting, treating, gathering and storing the oil and gas from reserves. More specifically, development costs, including applicable operating costs of support equipment and facilities and other costs of development activities, are costs incurred to:

  • Commercialization Costs means all costs and expenses of any kind, incurred by or on behalf of, a Party in performing its obligations under the Commercialization Plan or that are otherwise directly attributable to such Party with respect to commercializing the Combined Platform pursuant to and in accordance with the terms and conditions of this Agreement.

  • Marketing Costs which means such reasonable charge for marketing of ores and concentrates sold or of concentrates tolled as is consistent with generally accepted industry marketing practices;

  • Annual Net Sales means, with respect to any Calendar Year, the aggregate amount of the Net Sales for such Calendar Year.

  • Development Budget means the cost categories listed on Pages 8 - 11 in Form 3 that are directly related to the proposed Project as submitted in the Application. Indirect or off-site costs not directly related to the development of the project are not valid or eligible costs.

  • Manufacturing Costs means the costs of Processing that generate Manufacturing Proceeds received by Grantor.

  • Project Costs means all allowable costs, as set forth in the applicable Federal cost principles, incurred by a recipient and the value of the contribu- tions made by third parties in accom- plishing the objectives of the award during the project period.

  • Patent Costs means the reasonable fees and expenses paid to outside legal counsel, and filing, maintenance and other reasonable out-of-pocket expenses paid to Third Parties, incurred in connection with the Prosecution and Maintenance of Patent Rights.

Most Referenced Clauses

Most Referenced Definitions