Examples of CBCA Director in a sentence
The Company shall coordinate with the CBCA Director with respect to the filing of the Articles of Arrangement and the issuance of the Certificate of Arrangement.
For all CBCA corporations, this starts with the CBCA Director (who, however, has limited regulatory functions under the CBCA).
Usually shareholders but not always, can be CBCA Director and creditors;Is called derivative as person who is bringing the action derives their right to bring the action from the corporation itself.
This raises some complications.§ When the date of incorporation is in dispute, there is a problem because it isunclear when the corporation got corporate personality.§ Should it be the date shown on the certificate or should it be the date on which the certificate was issued?o Section 256(2): Certificate as conclusive proof of incorportion.§ This provision states that a certificate issued by CBCA Director is a factual proof of the incorporation.
Concurrently with the Closing, the parties shall cause to be filed with the CBCA Director the Articles of Arrangement and such other documents as may be required in connection therewith under the CBCA to give effect to the Arrangement and the other transactions contemplated hereby.
Background: [67] CBCA corporations and the CBCA Director are required to keep many kinds of documents on file.
Option: [70] Amend the CBCA to provide that retention periods for documents maintained by the CBCA Director be determined by regulation but continue to set out in the CBCA itself retention periods for documents required to be maintained by CBCA corporations.
The conditions set forth in Section 6.01, Section 6.02, and Section 6.03 will be conclusively deemed to have been satisfied, waived or released when the Certificate of Arrangement is issued by the CBCA Director.
Following receipt of Subco shareholder approval of the Amalgamation, and subject to approval of the Amalgamation Resolution by Canopy Rivers Shareholders, Subco shall use all commercially reasonable efforts to immediately prior to the Effective Time (but after the filing of the Articles of Amendment as contemplated in Section 6.3), file the Articles of Amalgamation in accordance with the requirements of the CBCA with the CBCA Director giving effect to the Amalgamation.
The Company shall send the Articles of Arrangement to the CBCA Director on the day of Closing.