Common use of Specified Amount Clause in Contracts

Specified Amount. The specified amount with respect to an Exchangeable Share for purposes of subsection 191(4) of the ITA is $ , which amount is the fair market value of the consideration for which the Exchangeable Share is issued.

Appears in 1 contract

Sources: Support Agreement (Merge Technologies Inc)

Specified Amount. The amount specified amount with in respect to an of each Exchangeable Share for the purposes of subsection 191(4) of the ITA is $ , which shall be an amount is the fair market value of the consideration for which the Exchangeable Share is issuedequal to $[●]2.

Appears in 1 contract

Sources: Arrangement Agreement

Specified Amount. The amount specified amount with in respect to an of each Exchangeable Share for the purposes of subsection 191(4) of the ITA is $ , which shall be an amount is the fair market value of the consideration for which the Exchangeable Share is issuedequal to $[β€’]2.

Appears in 1 contract

Sources: Arrangement Agreement (Torchlight Energy Resources Inc)