Examples of Canopy Rivers in a sentence
Party Common Shares Warrants Canopy Growth 11,285,456 9,545,456 Canopy Rivers 11,285,456 9,545,456 JW Opportunities 8,605,827 6,827,650 JW Partners 24,848,277 20,482,953 Pharma Opportunities 1,567,425 1,325,758 8.
The Company will, at the request of Canopy Rivers and/or Canopy Growth, as applicable, jointly elect with Canopy Rivers and/or Canopy Growth, as applicable, under corresponding provisions of applicable provincial income tax legislation with respect to the transfer of the Company Warrants in respect of which a request to file a tax election is made by Canopy Rivers or Canopy Growth, as applicable.
Such elections will be duly and timely prepared (in the form and manner prescribed by the Tax Act and the regulations thereunder) by Canopy Rivers or Canopy Growth, as applicable, timely delivered to the Company for execution (providing the Company with reasonable time to review in advance of the filing deadline), whereupon such elections will be timely signed by an appropriate signing officer of the Company and returned to Canopy Rivers or Canopy Growth, as applicable, for timely filing.
This Plan of Arrangement and the Arrangement, upon the filing of the Articles of Arrangement and the issuance of the Certificate of Arrangement, will become effective and be binding on the JW Entities, Canopy Growth, Canopy Rivers, the Company, all holders and beneficial owners of Common Shares, Options and Warrants, the Transfer Agent and all other Persons, at and after the Effective Time without any further act or formality required on the part of any Person.
The Company will, at the request of Canopy Rivers or Canopy Growth, jointly elect with Canopy River or Canopy Growth, as applicable, under subsection 85(1) of the Tax Act with respect to the transfer of the Canopy Warrants.
No fractional Common Shares or Exchangeable Shares shall be issued to Canopy Growth or Canopy Rivers pursuant to this Plan of Arrangement.
By: “Xxxxxx Xxxxxxxxx” Name: Xxxxxx Xxxxxxxxx Title: Chief Financial Officer CANOPY GROWTH CORPORATION By: “Xxxxx Xxxxxxx” Name: Xxxxx Xxxxxxx Title: Director TSX TRUST COMPANY By: “Xxx Xxxxxxxx” Name: Xxx Xxxxxxxx Title: Senior Trust Officers By: “Xxxxxxx Xxxxxxxxx” Name: Xxxxxxx Xxxxxxxxx Title: Senior Trust Officers SCHEDULE “A” ADOPTION AGREEMENT To: Canopy Rivers Inc.
The arrangement (the “Arrangement”) under section 182 of the Business Corporations Act (Ontario) (the “OBCA”) involving Canopy Rivers Inc.
The agreed amount for the purposes of paragraph 85(1)(a) of the Tax Act in respect of the Canopy Warrants will be such amount as is determined by Canopy Rivers or Canopy Growth, as applicable, within the limits prescribed in the Tax Act.
The Company, Canopy Growth and Canopy Rivers shall have entered into the Exchangeable Share Protection Agreement, to be effective as of the Effective Time.