CBCA Proceedings definition
Examples of CBCA Proceedings in a sentence
On October 20, 2017, as part of the Company’s efforts to realign its capital structure, the Company and one of its wholly-owned direct subsidiaries commenced a court proceeding (the "CBCA Proceedings") under the Canada Business Corporations Act (the "CBCA").
In connection with the CBCA Proceedings, the Company's Currency Swaps (defined below), which the Group entered into in August and November of 2016, and the revolving commitments under the Company's credit agreement were terminated.
Any such amendment, restatement, modification and/or supplement of Schedule “A” shall be deemed to be effective automatically upon receipt of the prior written consent of the Majority Private Placement Parties Upon an amendment, restatement, modification or supplement to Schedule “A”, Concordia shall (i) provide notice to the service list in the CBCA Proceedings of such amendment, restatement, modification and/or supplement of Schedule “A”, and (ii) file a copy thereof with the Court.
Failure to timely file a notice of dispute, except for good cause, may constitute a waiver of any applicable rights to retain service without complying with the Company's termination notice or conference report and may constitute a waiver of any rights to file a complaint in accordance with this Section.
Refer to Note 2 for a further description of the CBCA Proceedings.