Examples of Fording Amalco in a sentence
The Parties acknowledge and agree that following the effective time of the Plan of Arrangement, Fording Amalco shall have no further rights or obligations under this Agreement other than any obligations of Fording Inc.
Fording Amalco will redeem all of the issued and outstanding Class B Shares held by the Trust in consideration of the payment of the Class B Redemption Amount.
As part of the Arrangement, Newco2 will acquire all of the Fording Shares and the Fording Subordinated Notes and will amalgamate with Fording to form Fording Amalco.
Fording Amalco will be dissolved promptly upon resolution of all actual and contingent liabilities (including tax liabilities).
Share Capital The capital of Newco2, and following the amalgamation of Newco2 and Fording, of Fording Amalco (Newco2 and Fording Amalco, as applicable, are referred to in this section as the “corporation”) will consist of an unlimited number of common shares, Class A Shares and Class B Shares.
Any vacancy occurring in the Board of Directors by death, resignation, or otherwise, shall be filled promptly by a majority vote of the remaining directors at a special meeting which shall be called for that purpose within 30 days after the occurrence of the vacancy.
Concurrently with step (j) above, Fording ULC will make a cash contribution to the capital of Fording LP in the amount required such that the total fair market value of the contributions made to the capital of Fording LP by Fording ULC prior to and including this step (k) will equal 0.01% of the total fair market value of all contributions to the capital of Fording LP made by Fording ULC, Fording and Fording Amalco prior to and including this step (k).
Newco2 will be incorporated under the CBCA with share capital as described under “Information Concerning Newco2 and Fording Amalco — Share Capital”.
The EVC Partnership and a predecessor to Fording Amalco are parties to the 2003 Administrative and Industrial Minerals Services Agreement pursuant to which the EVC Partnership agreed to provide personnel and administrative services to the predecessor and to provide services in respect of the Industrial Minerals Operations.
Taxable Participating Unitholders On the Effective Date, the Trust will transfer to the New Trust the Trust Royalty Interest, the Fording LP Interest and the Trust Assets, and the New Trust will assume the Bank Debt, the Fording Amalco Receivable and the liabilities and other obligations associated with the Fording LP Interest and the Trust Assets and will issue New Units to the Trust.