Canopy Sub definition

Canopy Sub has the meaning ascribed thereto in the preamble to this Agreement;
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Canopy Sub means 11065220 Canada Inc.
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Examples of Canopy Sub in a sentence

  • Not later than 60 days before the commencement of every calendar year, the Company shall prepare and submit to Canopy Sub and Canopy a proposed Business Plan for the next calendar year.

  • On an annual basis, on or before July 31st, the Company shall prepare and submit to Canopy Sub and Canopy a mid-year update to the Business Plan, including a comparison of actual results in reasonable detail to estimates set forth in the applicable Business Plan.

  • The Company shall promptly notify Canopy Sub and Canopy of any reasonably anticipated overruns in excess of the expenditures authorized in a Business Plan (including contingency expenditures) by more than 20%.

  • The Company will use commercially reasonable efforts to provide Canopy Sub and Canopy with all material developments related to the Company and relevant information related to material decisions required to be made or actions required to be taken with respect to the operation of its business.

  • Canopy Sub shall have the right, but not the obligation, to appoint one Person to serve as a manager on the Company Board (the “Manager Appointee”).

  • Notwithstanding anything in this Agreement to the contrary, Canopy Sub and Canopy shall not have, nor shall be deemed to have control, or the right to direct, the Company or its operations during the Amended Interim Period.

  • Canopy Sub has the requisite corporate power and capacity to enter into this Agreement and to perform its obligations hereunder.

  • The Company shall not make any filing with any Governmental Body without the consent of Canopy Sub and Canopy in connection with this Agreement or the transactions contemplated hereby.

  • The Company shall not issue any press release, filing, public announcement or other public disclosure relating to the subject matter of this Agreement without the prior written approval of Canopy Sub and Canopy.

  • Canopy Sub is duly organized, validly existing and in good standing as a corporation under the laws of its jurisdiction of formation with the corporate power to own or lease its property.

Related to Canopy Sub

  • Canopy means the total amount of square footage dedicated to live plant production at a

  • National Park means comparatively large areas of outstanding scenic and natural beauty with the primary objective of protection and preservation of scenery, flora and fauna in the natural state to which access for public recreation and education and research may be allowed;