Ineligible Government Holder means any person who is the federal or a provincial government in Canada or agent or agency thereof, or the government of a foreign country or any political subdivision of a foreign country, or any agent or agency of a foreign government, in each case to the extent that the recording in the Bank’s securities register of a transfer or issue of any share of the Bank to such person would cause the Bank to contravene the Bank Act.
Ineligible Government Holder means any Person who is the federal or a provincial government in Canada or agent or agency thereof, or the government of a foreign country or any political subdivision of a foreign country, or any agent or agency of a foreign government, in each case to the extent that the recording in the Corporation’s securities register of a transfer or issue of any share of the Corporation to such Person would cause the Corporation to contravene the ICA;
Ineligible Government Holder means any person who is the federal or a provincial government in Canada or agent or agency thereof, or the government of a foreign country or any political subdivision of a foreign country, or any agent or agency of a foreign government, in each case to the extent that the recording in MFC’s securities register of a transfer or issue of any share of MFC to such person would cause MFC to contravene the ICA. Conversion of Series 25 Preferred Shares into Another Series of Class 1 Shares at the Option of the Holder MFC may, subject to the provisions of the ICA, including the requirement of any necessary consent of the Superintendent, and the New Preferred Shares (as defined below) being listed on a stock exchange, give holders of the Series 25 Preferred Shares notice that they thereafter will have the right, pursuant to the terms of the Series 25 Preferred Shares, at their option, to convert their Series 25 Preferred Shares on the date specified in the notice into fully-paid New Preferred Shares on a share for share basis. Notice shall be given by MFC in writing not more than 60 days and not less than 30 days prior to such conversion date. The holders may exercise their conversion right by delivering a conversion notice to MFC or as directed by MFC. If a holder of Series 25 Preferred Shares does not deliver such conversion notice, the holder shall be deemed not to have elected to convert their Series 25 Preferred Shares into New Preferred Shares.
Examples of Ineligible Government Holder in a sentence
Instead it was the direct result of a videotape of a training scenario that showed management that employees were out of compliance with the policy.
More Definitions of Ineligible Government Holder
Ineligible Government Holder means any person who is the federal or a provincial government in Canada or agent or agency thereof, or the government of a foreign country or any political subdivision of a foreign country, or any agent or agency of a foreign government, in each case to the extent that the