Amalgamating Corporations definition
Examples of Amalgamating Corporations in a sentence
Each of the Parties hereby agrees to the Amalgamation such that the Amalgamating Corporations shall amalgamate to create and continue as Amalco under the provisions of Section 174 of the OBCA, on the terms and conditions set out in this Agreement.
Following the approval of this Agreement by the shareholders of the Amalgamating Corporations in accordance with the OBCA, and in accordance with the terms and conditions of the Strategic Investment and Option Agreement, including the satisfaction or waiver of all conditions precedent set forth in the Strategic Investment and Option Agreement, CWE shall file the Articles of Amalgamation with the Director as provided under the OBCA.
Subject to the terms of the Strategic Investment and Option Agreement, this Agreement may be terminated by the board of directors of each of the Amalgamating Corporations, notwithstanding the approval of this Agreement by the shareholders of the Amalgamating Corporations, at any time prior to the issuance of the Certificate of Amalgamation.