ULC Conversion definition
ULC Conversion the conversion of Kildair from a limited company to an unlimited liability company.
ULC Conversion the conversion of Kildair from a limited company to an unlimited liability company. “United States Dollars” and “$”: dollars in lawful currency of the United States of America. “Unreimbursed Amount”: as defined in Section 3.7(a). “U.S. Borrower”: as defined in the introductory paragraph of this Agreement. “U.S. Borrowing Base”: on any date, solely with respect to the assets of the U.S. Loan
ULC Conversion means the conversion of London from an Alberta corporation into an unlimited liability company pursuant to the laws of a Canadian province.
Examples of ULC Conversion in a sentence
No later than (i) one Business Day after the Restatement Effective Date, effectuate the ULC Conversion, (ii) three Business Days after the Restatement Effective Date, file the Kildair Election with the IRS, (iii) four Business Days after the Restatement Effective Date, file the Kildair Subsidiary Election with the IRS and (iv) January 2, 2015, effect the Amalgamation.
After receiving the notice described in the immediately preceding sentence, and prior to the Effective Time, Parent shall cause London to complete the ULC Conversion.