Québec Tax Act means the Taxation Act (Québec) and all rules and regulations made pursuant thereto, all as may be amended, re-enacted or replaced from time to time and any proposed amendments thereto announced publicly from time to time;
Québec Tax Act means the Taxation Act (Québec), including the regulations promulgated thereunder, each as amended from time to time.
Examples of Québec Tax Act in a sentence
This section only applies to a Purchaser who is liable for tax under the Québec Tax Act or is a partnership of which a partner or limited partner is liable for tax under the Québec Tax Act (a “Québec Purchaser”) regarding Qualifying Expenses incurred with respect to mineral resource properties situated in the Province of Québec, Canada.
More Definitions of Québec Tax Act
Québec Tax Act means the Taxation Act (Québec).
Québec Tax Act means the Taxation Act (Québec), R.S.Q. c. 1-3, together with any and all regulations promulgated thereunder, and as amended from time to time, and including, where applicable, any specific proposals to amend the said Act or regulations that have been publicly announced by the Ministre des Finances (Québec) prior to the date hereof; (u) “Resource Expense” means an expense which (i) is incurred (or deemed to be incurred) by the Company during the First Tranche CDE Expenditure Period, the Second Tranche CDE Expenditure Period, and/or the Third Tranche CDE Expenditure Period, as applicable; (ii) qualifies as CDE and ACDE incurred during the First Tranche CDE Expenditure Period, the Second Tranche CDE Expenditure Period, or the Third Tranche CDE Expenditure Period, as applicable, which may be renounced by the Company pursuant to subsection 66(12.62) of the Tax Act with an effective date not later than March 31, 2025, September 30, 2025, or December 31, 2025, as applicable, and in respect of which, but for the renunciation, the Company would be entitled to a deduction from income for income tax purposes; (v) “Second Tranche CDE Aggregate Commitment Amount” means the amount of C$8,200,000; (w) “Second Tranche CDE Commitment Amount” means, in respect of each Subscriber, such Subscriber’s portion (determined pro rata by number of FT Shares subscribed for) of the Second Tranche CDE Aggregate Commitment Amount, being an amount equal to the Second Tranche CDE Aggregate Commitment Amount multiplied by a fraction, the numerator of which is the number of FT Shares subscribed for by the Subscriber hereunder and the denominator of which is 890,000; (x) “Second Tranche CDE Expenditure Period” means the period commencing on the date of acceptance of this Subscription Agreement and ending on the earlier of: i. the date on which the Second Tranche CDE Aggregate Commitment Amount (in addition to the First Tranche CDE Aggregate Commitment Amount) has been fully expended in accordance with the terms hereof; and ii. the Second Tranche CDE Termination Date. (y) “Second Tranche CDE Termination Date” means September 30, 2025; (z) “Selling Provinces” means, collectively, each of the provinces of Canada, except for Québec; (aa) “Subscribers” means, collectively, each of those persons listed in Exhibit A attached hereto and, if applicable, includes each beneficial purchaser for whom any such person is acting if any such person is not purchasing the FT Shares as principal; (bb) “Tax Act...