Examples of Canadian Holding Companies in a sentence
The Canadian Holding Companies do not own any United States property within the meaning of section 956 of the Code.
There are no agreements, options, warrants, rights of conversion or other rights pursuant to which the Canadian Holding Companies are, or may become, obligated to issue any shares or other securities.
Each of the Canadian Holding Companies has not accrued liabilities for Taxes which are not yet due and payable and for which Tax Returns are not yet required to be filed.
None of the Canadian Holding Companies has given nor agreed to give, nor is it a party to or bound by or subject to any Guarantee except as indicated in the Schedules to this Agreement.
Except as set forth and described in Schedule 3.1.30, there is no Legal Proceeding (whether or not purportedly on behalf of any of the Canadian Holding Companies) in progress, pending or, to the Canadian Vendors’ knowledge, threatened against or affecting any of the Canadian Holding Companies before or by any Tribunal.
Each of the Canadian Vendors hereby covenants and agrees to cause, prior to Closing, the filing of any Tax Returns of any Canadian Holding Companies which have not been so duly filed as indicated on such Schedule.
Except as set forth and described in Schedule 3.1.32, there is no Legal Proceeding, assessment, re-assessment or request for information outstanding or, to the knowledge of the Canadian Vendors or the Canadian Holding Companies, threatened against the Canadian Holding Companies with respect to Taxes or any matters under discussion with any Governmental Authority relating to Taxes.
The Canadian Holding Companies have provided to the Canadian Purchaser copies of all agreements, contracts, minutes, and any other documents relating to any transaction with a party who does not deal at arm’s-length (within the meaning of the Income Tax Act) with the Canadian Holding Companies, which has occurred in any taxation year that remains open for reassessment as indicated above in paragraph (c) of this Subsection 3.1.32.
The minute books of the Canadian Holding Companies and other corporate records made available to the Canadian Purchaser for review have been maintained in accordance with Applicable Law and contain, without limitation, complete and accurate copies of all by-laws of the Canadian Holding Companies and minutes of all meetings of, and resolutions passed by, the shareholders, directors and committees of directors since the respective dates of incorporation of the Canadian Holding Companies.
Each of the Canadian Holding Companies has paid all Taxes due and payable by it, including all Taxes shown on all Tax Returns filed by it as being due and payable and all Taxes payable under any assessment or reassessment.