Examples of Canada Business Corporations Act in a sentence
SHAREHOLDER PROPOSALSThe Canada Business Corporations Act provides, in effect, that a registered holder or Beneficial Shareholder of shares that is entitled to vote at an annual meeting of the Corporation may submit to the Corporation notice of any matter that the person proposes to raise at the meeting (referred to as a "Proposal") and discuss at the Meeting any matter in respect of which the person would have been entitled to submit a Proposal.
Subject to the By-laws of the GP and the Canada Business Corporations Act, the Board may constitute, seek the advice of and delegate powers, duties and responsibilities to committees of the Board.
The Canada Business Corporations Act further provides, in effect, that the Corporation must set out the Proposal in its Circular along with, if so requested by the person who makes the Proposal, a statement in support of the Proposal by such person.
On December 1, 2011, Industry Canada granted the certificate of amalgamation under the Canada Business Corporations Act (Note 4 and 10).
Certain aspects of the composition and organization of the Board are prescribed and/or governed by the Canada Business Corporations Act and the constating documents of the Company, and applicable agreements, including the investor rights agreement dated June 1, 2021 among Birch Hill Equity Partners IV, LP, Birch Hill Equity Partners (US) IV, LP, Birch Hill Equity Partners (Entrepreneurs) IV, LP and the Company (the ‘‘Investor Rights Agreement’’).