ULC Law definition

ULC Law means the Companies Act (Nova Scotia), the Business Corporations Act (British Columbia), the Business Corporations Act (Alberta) or any law of any jurisdiction of Canada which provides for the incorporation or other formation of a ULC.
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ULC Law means any present or future law governing ULCs including, without limitation, the Companies Act (Nova Scotia), together with all regulations thereto, as such legislation may be amended, renamed or replaced from time to time.
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Examples of ULC Law in a sentence

  • Nothing in this Agreement or any other document or agreement among all or some of the parties hereto is intended to or shall constitute the Agent or any person as a shareholder, other than a Grantor, as a shareholder or member of any ULC for the purposes of any ULC Law until such time as notice is given to the ULC Issuer of the ULC Shares pledged and further steps are taken thereunder so as to register the Agent or any other person as the holder of the ULC Interests of such ULC.

  • Nothing in this Agreement or any other document or agreement among all or some of the parties hereto is intended to or shall constitute the Collateral Agent or any person as a shareholder, other than a Grantor, as a shareholder or member of any ULC for the purposes of any ULC Law until such time as notice is given to the ULC of the ULC Shares pledged and further steps are taken thereunder so as to register the Collateral Agent or any other person as the holder of the ULC Interests of such ULC.