Smithfield Canada definition
Examples of Smithfield Canada in a sentence
The Issuer shall deliver to each of the Current Holders true, correct and complete copies of the fully executed agreement or agreements reflecting the terms of the Smithfield Canada Transfer and any other material agreements, documents and instruments executed by the Issuer in connection therewith, in each case within fifteen (15) days of the consummation thereof.
The Seller shall promptly notify Smithfield Canada of the deposit of the Holdco Shares.
Any amount withheld by the Purchaser and remitted to the CCRA pursuant to this provision shall be deemed to have been paid by the Purchaser to the Vendor on account of the Purchase Price allocable to the Purchased Shares of Smithfield Canada.
The Purchase Price shall be payable on the date established by Smithfield Canada for Xxxxxxxxx Shares taken up and paid for under the Offers.
For purposes of this Section 1.3(d), Smithfield Canada and all wholly-owned subsidiaries of Smithfield Canada, including the Company and its Subsidiaries, shall be deemed to be wholly-owned by the Vendor.
Smithfield Canada may assign this Agreement to an affiliate provided that Smithfield Canada remains liable as the primary obligor for the performance of its obligations hereunder.
If an Acceptable Smithfield Canada Section 116 Certificate is not provided by the Vendor to the Purchaser on or before the Closing Date, the Purchaser shall withhold from the Purchase Price allocable to the Purchased Shares of Smithfield Canada an amount equal to 25% of such Purchase Price (the “Smithfield Canada Withheld Amount”).
Smithfield Canada agrees that in furtherance of the foregoing it shall maintain all minute books pertaining to Holdco and any other documents specifically requested in writing by the Seller prior to the expiry date of the Offers for the above noted period.
Instead of any fractional Exchangeable Share, the Seller will be paid, at the option of Smithfield Canada, either a cash payment based on a value of $25.00 per Xxxxxxxxx Share, or a whole Exchangeable Share.
Smithfield Canada and the Seller shall co-operate with each other and each shall provide access to all Books and Records to effect such filings.