Examples of Amalco 2 in a sentence
There shall be no restrictions on the business which Amalco 2 is authorized to carry on.
This Plan of Arrangement will become effective at the Effective Time and shall be binding upon B+L, BHC, Numberco, TC, TC Sub, Amalco, Amalco 2, the BHC Shareholders and the B+L Shareholders, and in accordance with the terms of the BHC Equity Plan or the B+L Equity Plan, as applicable, and the applicable award documents thereunder, B+L Options, B+L RSUs, B+L PSUs, BHC Options, BHC PSUs, and BHC RSUs.
In no event shall any holder of BHC Common Shares be entitled to a fractional BHC Special Share, TC Share or Amalco 2 Share.
While 88(4) involves some interpretational uncertainty, to date CRA has taken a practical and helpful approach Property • Parent creates Acquisco, which acquires Target Parent Acquisco Target Subco • Target amalgamates with Subco to form Amalco 2.
All BHC Class A Shares, BHC Special Shares, TC Shares, TC Sub Shares, Numberco Shares, Amalco Shares and Amalco 2 Shares issued pursuant to this Plan of Arrangement will be deemed to be or have been validly issued and outstanding as fully paid and non-assessable shares for all purposes of the CBCA or BCBCA, as the case may be.
Amalco 2 sells all of its assets to Pship.It is assumed that steps 1 and 2 are non-taxable events per section 271 of the ETA (which deems certain transfers of property by amalgamating corporations not to be taxable supplies).
The minimum number of directors of Amalco 2, until changed in accordance with the Articles, will be one (1).
The name of Amalco shall be “Sona Nanotech Inc.” or such other name as approved by the TSX-V and the directors of Amalco; 2.
Numco 2 covenants and agrees with Parent and Debtco that it will not from the date of execution hereof to the Effective Date, except with the prior written consent of Parent and Debtco, conduct any business which would prevent Numco 2 or Amalco 2 from performing any of their respective obligations hereunder.
Amalco 2 will continue to be liable for the liabilities and obligations of Velan, the Purchaser and the other amalgamating companies.