Non-Resident Shareholder definition

Non-Resident Shareholder means (i) a Shareholder that is a non-resident of Canada for the purpose of the Income Tax Act (Canada), or (ii) a Shareholder that is a partnership that is not a Canadian partnership for purposes of the Income Tax Act (Canada), each of which (in the case of both (i) and (ii)) is listed in Schedule Error! Reference source not found.;

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Non-Resident Shareholder means a Shareholder who, for the purposes of the Tax Act and at all relevant times, is not resident nor deemed to be resident in Canada, and does not use or hold, and is not deemed to use or hold, its EnCana Common Shares in, or in the course of, carrying on business in Canada;

Non-Resident Shareholder means a Provident Shareholder that is: (a) a person who is not a resident of Canada for the purposes of the Tax Act; or (b) a partnership that is not a Canadian partnership for the purposes of the Tax Act;

Examples of Non-Resident Shareholder in a sentence

In general, the tax treatment of a Non-Resident Dissenting Shareholder will be similar to that of a Non-Resident Shareholder who participates in the Arrangement.
The following portion of this summary is applicable to a Shareholder who is a Non-Resident Shareholder.
To be executed by a Non-Resident Shareholder in an S-Corporation and retained by the corporation as part of their permanent tax file .
The Non-Resident Shareholder and Spartan further acknowledge and agree that the deposit of the Withheld Spartan Shares with the Escrow Agent shall satisfy Spartan's payment obligations in respect of the corresponding portion of the aggregate Consideration payable to the Non-Resident Shareholder pursuant to the Offer.
The Withheld Amount shall be deposited by Blake, Cass▇▇▇ & ▇ray▇▇▇ ▇▇▇suant to an irrevocable direction of the Purchaser in an interest bearing trust account at a bank located in Ontario to be held for the benefit of the Non-Resident Shareholder to be disposed of as set out herein.

More Definitions of Non-Resident Shareholder

Non-Resident Shareholder means a Shareholder who, at all relevant times for purposes of the Tax Act: (i) is not resident or deemed to be resident in Canada, (ii) does not use or hold, and is not deemed to use or hold, its Shares in connection with carrying on a business in Canada, (iii) has not, either alone or in combination with Persons with whom the Shareholder does not deal at arm’s length and partnerships in which the Shareholder and any such non-arm’s length Persons hold a membership interest directly or indirectly through one or more partnerships, owned (or had an option to acquire) 25% or more of the issued shares of any class or series of the capital stock of Imperial at any time within a 60-month period preceding the disposition of the Shares under the Offer, and whose Shares are not otherwise deemed to be “taxable Canadian property” (as defined in the Tax Act), (iv) deals at arm’s length with Imperial and is not affiliated with Imperial, and (v) is not an insurer that carries on an insurance business in Canada and elsewhere.

Non-Resident Shareholder means each such Shareholder that is not a resident for Tax purposes in India in the financial year in which the Exchange of SVM Shares is consummated.

Non-Resident Shareholder means a Shareholder who, at all relevant times, for the purposes of the Tax Act, is not, and is not deemed to be, resident in Canada and does not use or hold, and is not deemed to use or hold, Shares in connection with carrying on a business in Canada;

Non-Resident Shareholder means a Corporation Shareholder that is (i) a Non-Resident, or (ii) a partnership of which a Non-Resident is a member;

Non-Resident Shareholder means a Shareholder, for purposes of the Tax Act, that is not, and is not deemed to be, resident in Canada.

Non-Resident Shareholder means a Shareholder who is described in the section entitled “Certain Canadian Federal Income Tax Considerations” and who, for the purposes of the Tax Act and at all relevant times, (i) has not been and is not a resident or deemed to be resident in Canada, and (ii) does not use or hold and is not deemed to use or hold Common Shares in connection with carrying on a business in Canada;

Non-Resident Shareholder. ’ means a Shareholder who, for purposes of the Tax Act and at all relevant times: (i) is not resident or deemed to be resident in Canada, (ii) does not use or hold, and is not deemed to use or hold, its Common Shares in connection with carrying on a business in Canada, (iii) deals at arm’s length with, and is not affiliated with, Canaccord Genuity, and (iv) is not an insurer that carries on an insurance business in Canada and elsewhere.