Old Fording definition

Old Fording means Fording Inc. as it was constituted prior to the effective date of the 2003 Arrangement. Pursuant to the 2003 Arrangement, Old FCL and Old Fording were wound up into 4123212 Canada Ltd., which then changed its name to “Fording Inc.” Prior to the completion of the 2003 Arrangement, Old Fording was a public company in Canada and the United States and its securities were listed on the TSX and the NYSE. The Trust is the successor issuer to Old Fording;
Old Fording means Fording Inc. as it was constituted prior to the effective date of the plan of arrangement carried out in 2003. Pursuant to such arrangement, Fording Coal Limited, being the principal operating subsidiary of Old Fording prior to the effective date of such arrangement, and Old Fording were wound up into 4123212 Canada Ltd., which then changed its name to “Fording Inc.” Prior to the completion of the plan of arrangement carried out in 2003, Old Fording was a public company in Canada and the United States and its securities were listed on the TSX and the NYSE. Fording is the successor issuer to Old Fording.
Old Fording means the predecessor corporation of the Trust prior to the formation of the Trust in February 2003;

Examples of Old Fording in a sentence

  • The sole purpose of the Exchange Option Plan was to issue the exchange options in order to preserve the existing rights of Old Fording optionholders following completion of the 2003 Arrangement.

  • Option plan Under the 2003 Arrangement, all options to purchase common shares of Old Fording were exchanged for options to purchase units of the Trust.

  • These consolidated financial statements reflect the financial position, results of operations and cash flows as if the Trust had always carried on the businesses formerly carried on by its predecessor company, Fording Inc., being the public company existing prior to the Arrangement (Old Fording).

  • For example, the objects of an activity in an RNLS might be “employees or contractors.” In this case, the restricted statement is divided into two statements, one whose object is “employees” and another whose object is “contractors”.

  • Information in this table includes, in respect of the period prior to February 28, 2003, the effective date of the 2003 Arrangement, compensation paid to such Named Executive Officers as employees of Old Fording.

  • Exchange of 40.0 million shares of Old Fording for an equivalent number of units of the Trust.

  • The Consolidated Financial Statements reflect the financial position, results of operations and cash flows as if the Trust had always carried on the businesses formerly carried on by its predecessor, Fording Inc., being the public company existing prior to the 2003 Arrangement (Old Fording).

  • Units issued and outstanding(in millions of units and Canadian dollars) Balance, beginning of period 147.0 $ 357.9 147.0 $ 357.7 Issued on exercise of options - - - 0.2 Other - 1.5 - 1.5 Balance, end of period 147.0 $ 359.4 147.0 $ 359.4 Market value of units, September 30, 2005 $ 7,287.0 $ 7,287.0 Under the Arrangement, all options to purchase common shares of Old Fording were exchanged for options to purchase units of the Trust under the exchange option plan.

  • These amounts do not apply to a Named Executive Officer who participates in the defined contribution components of the Basic Plan and the Supplemental Plan.Table of Contents Change of Control Agreements Old Fording entered into change of control agreements with certain members of its senior management in connection with becoming a public company in 2001.

  • Options to purchase units in the Trust and, prior to the reorganization, options to purchase shares in Old Fording had a different intrinsic value before and after going public.


More Definitions of Old Fording

Old Fording means the predecessor corporation of the Trust which was reorganized pursuant to the 2003 Arrangement;

Related to Old Fording

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