Examples of Weyerhaeuser Canada in a sentence
Canada does not challenge the inclusion of these “integration and closure costs” in the G&A ratio for Weyerhaeuser Canada.
Each of Weyerhaeuser, Weyerhaeuser Canada, Weyerhaeuser Saskatchewan and the Spinco Parties is duly qualified to do business in each jurisdiction where the nature of the Newco Business or the ownership or leasing of the Newco Assets or the Newco Canada Exchangeco Assets make such qualification necessary or the failure to so qualify has had or would reasonably be expected to have a Newco Material Adverse Effect.
In providing the Services, Weyerhaeuser and Weyerhaeuser Canada are acting as and shall be considered independent contractors.
Weyerhaeuser and Weyerhaeuser Canada agree to provide to the Service Recipient such support as reasonably necessary for the Transition-out at the hourly rates specified in Schedules A, B and C hereto, or if not specified in such Schedules, then at actual cost.
Weyerhaeuser and Weyerhaeuser Canada agree that to the extent such third party Services are provided to Service Recipient pursuant to contracts between Weyerhaeuser and Weyerhaeuser Canada and the third party service provided, Weyerhaeuser and Weyerhaeuser Canada will enforce rights against any such third parties relating to the Services to the extent they would otherwise enforce such rights on behalf of themselves under similar circumstances relating to similar matters.
In any event, Canada has not objected to the inclusion of a portion of the parent company’s G&A in Weyerhaeuser Canada’s G&A.73 Thus, Canada has not challenged the fungibility of the parent company’s G&A in relation to Weyerhaeuser Canada.
In addition, Weyerhaeuser and Weyerhaeuser Canada may provide to Service Recipient third party proposals for the provision of Services provided by Weyerhaeuser and Weyerhaeuser Canada hereunder and Service Recipient agrees to consider such proposals in good faith.
As of the close of business on August 21, 2006, (i) 246,253,931 shares of Weyerhaeuser Common Stock and one share of Special Voting Stock were issued and outstanding, (ii) 11,061,777 shares of Weyerhaeuser Common Stock were reserved for issuance pursuant to the Weyerhaeuser Stock Plans (as defined in Section 6.08(e)), and (iii) 2,018,630 shares of Weyerhaeuser Common Stock were reserved for issuance upon the exchange of Weyerhaeuser Canada Exchangeable Shares issued by Weyerhaeuser Canada.
Weyerhaeuser and Weyerhaeuser Canada will use their reasonable best efforts to ensure that qualified personnel will be assigned to perform the Services.
Weyerhaeuser Canada holds renewable, long-term licenses on 32.8 million acres (13.3 million hectares) of productive forestlands in five provinces and owns 663,000 acres (268,000 hectares) in British Columbia.