Canadian Resident Shareholder definition

Canadian Resident Shareholder means a beneficial holder of shares of the Company who, for purposes of the Income Tax Act (Canada), is either resident in Canada or a “Canadian partnership”.
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Canadian Resident Shareholder means a Shareholder who, for the purposes of the Tax Act and at all relevant times, is or is deemed to be a resident of Canada, deals at arm’s length with, and is not affiliated with, Fairfax, holds its Shares as capital property and is not exempt from tax under Part I of the Tax Act.
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Canadian Resident Shareholder means a beneficial holder of shares of Blocker who, for purposes of the ITA is either resident in Canada or a "Canadian partnership".
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Examples of Canadian Resident Shareholder in a sentence

  • The costs of supervision set forth on Exhibits B include, among other things, industry standard deferred compensation.

  • AIM will jointly elect with each Canadian Resident Shareholder who requests that AIM do so, in the form and within the time limits prescribed for such purposes, that the Canadian Resident Shareholder will be deemed pursuant to section 85 of the ITA to have disposed of his, her or its shares of USCo1 at an elected amount to be determined by the Canadian Resident Shareholder.

  • As before, we continue our investigation with a series of regressions, which are presented below:OLSestimationDepVariable:IGPMInflationRiskPremiumCEq.5A-0.794Eq.5B-1.199Eq.6A3.444Eq.6B3.154Eq.7A0.436Eq.7B0.813Eq.8A-1.475Eq.8B-1.407 (0.17) (0.03) (0.21) (0.18) (0.81) (0.73) (0.01) (0.01)AR_1-0.008 The coefficient on inflation surprises is positive and significant in all specifications.

  • Schyan will jointly elect with each Canadian Resident Shareholder who requests that Schyan do so, in the form and within the time limits prescribed for such purposes, that the Canadian Resident Shareholder will be deemed pursuant to section 85 of the Income Tax Act (Canada) to have disposed of his, her or its shares of Company Common Stock at an elected amount to be determined by the Canadian Resident Shareholder.

  • Schyan shall not be responsible for the proper completion of any section 85 election form nor, except for the obligation to sign and return duly completed election forms which are received within ninety (90) days after the Effective Date, for any taxes, interest or penalties resulting from the failure of a Canadian Resident Shareholder to complete or file such election forms properly in the form and manner and within the time prescribed by the Tax Act (or any applicable provincial legislation).

  • Red Pine shall not be responsible for the proper completion of any section 85 election form nor, except for the obligation to sign and return duly completed election forms which are received within ninety (90) days after the Effective Date, for any taxes, interest or penalties resulting from the failure of a Canadian Resident Shareholder to complete or file such election forms properly in the form and manner and within the time prescribed by the ITA (or any applicable provincial legislation).

  • Digital will jointly elect with each Canadian Resident Shareholder who requests that Digital do so, in the form and within the time limits prescribed for such purposes, that the Canadian Resident Shareholder will be deemed pursuant to section 85 of the Income Tax Act (Canada) to have disposed of his, her or its shares of Company Common Stock at an elected amount to be determined by the Canadian Resident Shareholder.

  • Distribution of Ardea Shares"As the Distribution does not qualify as an "eligible distribution" for the purposes of section 86.1 of the Canadian Tax Act, the Distribution will likely constitute a dividend-in-kind to a Canadian Resident Shareholder.

  • A Canadian Resident Shareholder must deduct one-half of the amount of any capital loss (an “allowable capital loss”) realized in a taxation year from taxable capital gains realized by the Canadian Resident Shareholder in that year.

  • Digital shall not be responsible for the proper completion of any section 85 election form nor, except for the obligation to sign and return duly completed election forms which are received within ninety (90) days after the Effective Date, for any taxes, interest or penalties resulting from the failure of a Canadian Resident Shareholder to complete or file such election forms properly in the form and manner and within the time prescribed by the Tax Act (or any applicable provincial legislation).


More Definitions of Canadian Resident Shareholder

Canadian Resident Shareholder means a beneficial holder of GSL Units, who is: (i) a resident of Canada for purposes of the Tax Act and not exempt from tax under the Tax Act; or (ii) a partnership at least one partner of which is a resident of Canada for purposes of the Tax Act and who is not exempt from tax under the Tax Act.
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Canadian Resident Shareholder means a beneficial holder of FogChain Shares who, for purposes of the Income Tax Act (Canada) is either resident in Canada or a “Canadian partnership”;
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Related to Canadian Resident Shareholder

  • Major Shareholder means a shareholder who directly or indirectly holds 10% or more of the voting rights.

  • Principal Shareholder means any corporation, Person or other entity which is the beneficial owner, directly or indirectly, of five percent (5%) or more of the outstanding Shares of any class or series and shall include any affiliate or associate, as such terms are defined in clause (ii) below, of a Principal Shareholder. For the purposes of this Section, in addition to the Shares which a corporation, Person or other entity beneficially owns directly, (a) any corporation, Person or other entity shall be deemed to be the beneficial owner of any Shares (i) which it has the right to acquire pursuant to any agreement or upon exercise of conversion rights or warrants, or otherwise (but excluding share options granted by the Trust) or (ii) which are beneficially owned, directly or indirectly (including Shares deemed owned through application of clause (i) above), by any other corporation, Person or entity with which its "affiliate" or "associate" (as defined below) has any agreement, arrangement or understanding for the purpose of acquiring, holding, voting or disposing of Shares, or which is its "affiliate" or "associate" as those terms are defined in Rule 12b-2 of the General Rules and Regulations under the Securities Exchange Act of 1934, and (b) the outstanding Shares shall include Shares deemed owned through application of clauses (i) and (ii) above but shall not include any other Shares which may be issuable pursuant to any agreement, or upon exercise of conversion rights or warrants, or otherwise.

  • Stockholder has the meaning set forth in the preamble.

  • Significant Shareholder means a person or company that has beneficial ownership of, or control or direction over, whether direct or indirect, or a combination of beneficial ownership of, and control or direction over, whether direct or indirect, securities of an issuer carrying more than 10 per cent of the voting rights attached to all the issuer’s outstanding voting securities, excluding, for the purpose of the calculation of the percentage held, any securities held by the person or company as underwriter in the course of a distribution;

  • Shareholder means a person who owns shares in the company and is actively involved in the management of the enterprise or business and exercises control over the enterprise.

  • substantial shareholder means a person who is entitled to exercise, or to control the exercise of, 10% or more (or such other percentage as may be prescribed by the Listing Rules) of the voting power at any general meeting of the Company;

  • Controlling Shareholder means any shareholder owning more than fifty