Examples of ALC Class A Shares in a sentence
Damage was minimal this time and, as is the case for many close encounters between aircraft and wildlife, there were no human injuries.
The ALC Class A Shares are listed for trading on the New York Stock Exchange under the symbol “ALC”.
During the 20th century a new form of intellectual protection namely plant breeder’s right emerged for the protection of plant varieties.
Transfer of ALC Shares by EHSI to Extendicare and Distribution to Extendicare’s Shareholders On November 10, 2006, all of the shares of ALC were transferred by EHSI to Extendicare at fair market value for U.S. tax purposes, which was determined by EHSI based upon the volume weighted average trading price of the ALC Class A Shares on that date.
Conditions Precedent to the Arrangement On the Effective Date, a series of transactions will be deemed to occur in order to distribute ALC Class A Shares and ALC Class B Shares to the holders of Extendicare Subordinate Voting Shares and Extendicare Multiple Voting Shares, respectively, and, after giving effect to the ALC Distribution, to convert Extendicare and its business from a corporate structure to a Canadian real estate investment trust.
Purpose of the Arrangement The purpose of the transactions contemplated by the Arrangement is to distribute ALC Class A Shares and ALC Class B Shares to the holders of Extendicare Subordinate Voting Shares and Extendicare Multiple Voting Shares, respectively, and, after giving effect to the ALC Distribution, to convert Extendicare from a corporate structure into a Canadian real estate investment trust.
Table of Contents Effect of the Arrangement The purpose of the transactions contemplated by the Arrangement is to distribute ALC Class A Shares and ALC Class B Shares to the holders of Extendicare Subordinate Voting Shares and Extendicare Multiple Voting Shares, respectively, and, after giving effect to the ALC Distribution, to convert Extendicare from a corporate structure into a Canadian real estate investment trust.
In order to satisfy any Canadian withholding tax obligations arising from the distribution of ALC Shares, the undersigned acknowledges and agrees that Extendicare will direct the Depository to sell on the undersigned’s behalf sufficient ALC Class A Shares on the NYSE in order to satisfy any such withholding tax obligations, to remit from the proceeds of such sale sufficient funds to CRA to satisfy such withholding obligation, and to remit the balance, if any, of such proceeds to the holder.