Canadian Restructuring definition

Canadian Restructuring means the transfer of the Brokerage Services and Securities Clearing and Outsourcing Services Businesses conducted, directly or indirectly, by ADP Canada Co., a Canadian corporation, to a new Canadian company that will be transferred to Broadridge in a transaction intended to qualify as a tax-free spin-off pursuant to Sections 368(a)(1)(D) and 355 of the Code.
Canadian Restructuring means the amalgamation under the Laws of Nova Scotia, Canada, of ADP Canada Holding Co., a corporation incorporated pursuant to the laws of Nova Scotia, and ADP Canada Co./Compagnie ADP Canada, a corporation amalgamated pursuant to the laws of Nova Scotia to form “ADP Amalco”, followed by the transfer of the Dealer Business conducted directly or indirectly by ADP Amalco from ADP Amalco to a new Canadian company that will be transferred to a second newly formed Canadian company that will be a Subsidiary of, and treated for United States federal income tax purposes as disregarded from, Dealer in a transaction intended to qualify as a tax-free spin-off pursuant to Sections 368(a)(1)(D) and 355 of the Code and as tax-free pursuant to paragraph 55(3)(b) of the Income Tax Act (Canada).
Canadian Restructuring means all or any part of the transaction or event or series of transactions or events described to Agent and the Lenders in that certain letter agreement, dated March 30, 2015, addressed to Agent and the Lenders and acknowledged by Agent, delivered by the Company on March 30, 2015, together with such changes, modifications and supplements thereto that are reasonably acceptable to Agent.

Examples of Canadian Restructuring in a sentence

  • Class C units were issued as part of the Canadian Restructuring Plan which closed on September 1, 2015.

  • The North East London Commissioning Support Unit, Equality and Diversity team were commissioned to lead the Equality Objectives work on behalf of NHS Waltham Forest CCG for the period up to 31 March 2014.

  • The Debtors shall be authorized to take, and shall be authorized to direct the Canadian Subsidiaries to take, any actions reasonably necessary or desirable to complete the Canadian Restructuring (as defined in the Investment Agreement) and to assist and complete in the transfer of the Canadian Assets to Reorganized PSC, or one or more of its Affiliates.

  • In fact, technically it is something else that is making them move; the wind, for example.

  • The Company is required, when called on by Enbridge Income Fund Holdings Inc., to backstop equity funding required by EIPLP to undertake the growth program embedded in the assets it acquired in the Canadian Restructuring Plan.Other Consolidated Variable Interest EntitiesEnbridge Income Fund, ECT, Magicat Holdco LLC, and Keechi Holdings L.L.C. are also entities that are considered VIEs and consolidated by the Company.


More Definitions of Canadian Restructuring

Canadian Restructuring means the series of transactions described on Annex A to the Eighth Amendment resulting in the organizational structure reflected in the chart attached as Schedule 1 to such Annex I.
Canadian Restructuring means the restructuring described in Exhibit G.
Canadian Restructuring has the meaning set forth in the Recitals.
Canadian Restructuring means the amalgamation under the Laws of Nova Scotia, Canada, of ADP Canada Holding Co., a corporation incorporated pursuant to the laws of Nova Scotia, and ADP Canada Co./Compagnie ADP Canada, a corporation amalgamated pursuant to the Laws of Nova Scotia to form “ADP Amalco” in a transaction intended to qualify as a tax-free reorganization pursuant to Section 368(a) of the Code, followed by the transfer of the Dealer Business conducted directly or indirectly by ADP Amalco from ADP Amalco to a new Canadian company that will be transferred to a second newly formed Canadian company that will be a Subsidiary of, and treated for United States federal income tax purposes as disregarded from, Dealer in a transaction intended to qualify as a tax-free spin-off pursuant to Sections 368(a)(1)(D) and 355 of the Code and as tax-free pursuant to paragraph 55(3)(b) of the Income Tax Act (Canada).
Canadian Restructuring means a series of transactions undertaken after the Effective Date to streamline Zale’s Canadian entity structure consisting of (a) the dissolution and liquidation of ZC Partnership, (b) the conversion of ZCDS into an unlimited company and (c) the merger, amalgamation, liquidation, dissolution and/or distribution and contribution of ZCDS, Xxxxx 1, Xxxxx 2, Xxxxx Holding, Xxxxx Partnership and XX Xxxxx, with and/or into Zale Canada as the owner of the assets of the entities so merged, amalgamated, liquidated, dissolved or distributed and contributed following the completion of the restructuring.
Canadian Restructuring means the transactions evidenced by the Canadian Restructuring Transfer Agreement and the Canadian Restructuring Assignment and Assumption Agreement.
Canadian Restructuring means, subject to such changes as may be approved by Agent, the conversion of certain intercompany Indebtedness owed by Subsidiaries in the United Kingdom to Subsidiaries in Canada into Investments in such Subsidiaries in the United Kingdom, all as described to Agent by Borrower.”