APF Trust definition
Examples of APF Trust in a sentence
The corporate records and minute books, books of account and other records of APF, APF Trust and their material subsidiaries (whether of a financial or accounting nature or otherwise) have been maintained in accordance with all applicable statutory requirements and prudent business practice and are complete and accurate in all material respects, except for minutes of meetings of the directors of APF and committees thereof with respect to the Offer and which have not yet been prepared.
The making of the Offer will not result in a Material Adverse Change in respect of APF or APF Trust.
As of the date hereof, the authorized capital of APF Trust consists of 500,000,000 Trust Units and Special Voting Units.
APF Trust is a foreign private issuer, as that term is used in Rule 3b-4 promulgated under the Exchange Act, and is not an investment company registered or required to be registered under the United States Investment Company Act of 1940.
APF, APF Trust, APF Energy Limited Partnership, APF Acquisition Trust and their subsidiaries are not subject to any outstanding order, writ, injunction or decree that has had or is reasonably likely to have a Material Adverse Effect on APF and APF Trust and their subsidiaries taken as a whole or prevent or materially delay consummation of the transactions contemplated by this Agreement or the Offer.
Notwithstanding the foregoing, APF may assign all or any part of its rights or obligations under this Agreement to one or more of its subsidiaries or subsidiaries of APF Trust and provided further that if such assignment takes place, APF shall continue to be liable to GNEL for any default in performance by the assignee.
APF Trust is a trust duly formed and organized and validly existing under the laws of the Province of Alberta and has the requisite corporate power and authority to conduct its business as now owned and conducted.
APF will during the term of this Agreement deliver to CanScot as soon as they become available true and complete copies of any report or statement filed by APF Trust with Securities Authorities subsequent to the date hereof.
APF shall duly convene and hold, in accordance with the requirements of all applicable Laws and in accordance with the APF Trust Indenture, a special meeting of APF Unitholders (such meeting defined herein as the “APF Special Meeting”) to consider and, if thought fit, to approve the Acquisition and Redemption Transaction.
Until the Unmatured APF BAs are satisfied on their maturity, the Lenders agree to severally provide an indemnity to the existing lenders to APF and/or APF Trust, and for greater certainty, such indemnity obligations of the Lenders shall be deemed to be BA Advances in respect of the Syndicate Tranche under this Agreement.