Canadian Shareholder definition

Canadian Shareholder means a Corporation Shareholder who, for purposes of the Tax Act, and at all relevant times, is or is deemed to be resident in Canada or, in the case of a Corporation Shareholder that is a partnership, a Corporation Shareholder that is a “Canadian partnership” as defined in the Tax Act;
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Canadian Shareholder means a shareholder who is a Canadian Resident. "CDS" means CDS Clearing and Depositary Services Inc.
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Canadian Shareholder means a shareholder who is a Canadian Resident. "Capita" means Capita Asset Services.
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Examples of Canadian Shareholder in a sentence

  • Canadian Shareholder means a Magma Shareholder who is resident in Canada or whose address, as shown on the books and records of Magma, is in Canada.

  • The agreed amount under such joint elections shall be determined by each Eligible Company Canadian Shareholder in his or her sole discretion within the limits set out in the Tax Act.

  • Subversive agrees to file a joint election pursuant to subsection 85(1) or 85(2) of the Income Tax Act (Canada (the “Act”) with any Canadian Shareholder who requests that such filing be made, with an agreed amount as determined by the Canadian Shareholder, in the time and manner required by the Act.

  • Canadian Shareholder Class Action On October 28, 2016 and February 14, 2017, separate proposed class actions were commenced in the Ontario Superior Court of Justice pursuant to the Class Proceedings Act (Ontario) against the Company and certain of its current and former officers.

  • To comply with the local regulations in Canada would be unduly burdensome to the Company and the Offerors, as the shareholding of the Canadian Shareholder represents only approximately 0.0126% of the total issued share capital of the Company, the Offerors have therefore applied to the Executive for a waiver pursuant to Note 3 to Rule 8 of the Takeovers Code, and subject to the Executive’s consent, that the Composite Document will not be despatched to the Canadian Shareholder.

  • Taxation of capital gainsA Canadian Shareholder will be required to include one-half of the amount of any capital gain (a “taxable capital gain”) in income, and one-half of the amount of any capital loss (an “allowable capital loss”) will be required to be deductedagainst taxable capital gains recognised in the year of disposition.

  • Any such Eligible Canadian Shareholder who makes a valid Exchangeable Share Election in accordance with this Section 3.2 shall, upon consummation of the Arrangement, be entitled to receive, in accordance with Section 3.1(c), the Exchangeable Per Share Consideration for each of their Company Shares in respect of which the election is made.

  • In the event that the prescribed status is obtained after a Canadian Shareholder has filed a Canadian income tax return reporting the Total Spin-Off on a taxable basis as described above, the Canadian Shareholder would generally be entitled to file the election and amend the holder's Canadian income tax return accordingly, which may entitle the holder to a refund of any taxes paid in respect of the Total Spin-Off.

  • A Joint Tax Election shall be made jointly by the Canadian Shareholder and GP ULC on behalf of all of the members of Exchange LP.

  • After receipt of all of the relevant information through the website, and provided that the information provided complies with the rules under the Tax Act regarding the Joint Tax Election, GP ULC will deliver an executed copy of the Joint Tax Election containing the relevant information to the Canadian Shareholder.


More Definitions of Canadian Shareholder

Canadian Shareholder has the meaning set forth in the Plan of Arrangement. “Change in Recommendation” has the meaning specified in Section 7.2(a)(iv)(B). “Closing” has the meaning specified in Section 2.8(b).
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Related to Canadian Shareholder

  • ² Shareholder means a person who owns shares in the company and is actively involved in the management of the company or business and exercises control over the company.

  • Company Shareholder means a holder of one or more Company Shares;

  • Transferring Shareholder has the meaning set out in Section 6.1;

  • Scheme Shareholder means a person who is registered in the Register on the Record Date as the holder of one or more Scheme Shares.

  • Selling Shareholder has the meaning set forth in Section 3.04(a).

  • Existing Shareholder means any Person that is a holder of Ordinary Shares as of December 8, 2017.

  • Eligible Shareholder means an existing or new investor of the Company that is eligible at the ACD’s discretion to invest in the Class X Shares upon entering into an agreement with the ACD and fulfilling the eligibility conditions set by the ACD from time to time.

  • Class A Shareholder means a holder of Class A Shares;

  • Company Stockholder means the holder of either a share of Company Common Stock or a share of Company Preferred Stock.

  • Ordinary Shareholder means a holder of ordinary shares;

  • Principal Shareholder means any corporation, Person or other entity which is the beneficial owner, directly or indirectly, of five percent (5%) or more of the outstanding Shares of any class or series and shall include any affiliate or associate, as such terms are defined in clause (ii) below, of a Principal Shareholder. For the purposes of this Section, in addition to the Shares which a corporation, Person or other entity beneficially owns directly, (a) any corporation, Person or other entity shall be deemed to be the beneficial owner of any Shares (i) which it has the right to acquire pursuant to any agreement or upon exercise of conversion rights or warrants, or otherwise (but excluding share options granted by the Trust) or (ii) which are beneficially owned, directly or indirectly (including Shares deemed owned through application of clause (i) above), by any other corporation, Person or entity with which its "affiliate" or "associate" (as defined below) has any agreement, arrangement or understanding for the purpose of acquiring, holding, voting or disposing of Shares, or which is its "affiliate" or "associate" as those terms are defined in Rule 12b-2 of the General Rules and Regulations under the Securities Exchange Act of 1934, and (b) the outstanding Shares shall include Shares deemed owned through application of clauses (i) and (ii) above but shall not include any other Shares which may be issuable pursuant to any agreement, or upon exercise of conversion rights or warrants, or otherwise.

  • Minority Shareholders means holders of Shares that were not tendered pursuant to the Offer or in the Subsequent Offering Period (as it may be extended by the Minority Exit Offering Period).

  • Soliciting Shareholder means, with respect to any Special Meeting demanded by a shareholder or shareholders, any of the following Persons:

  • Initial Shareholder means any beneficial owner of the Company’s unregistered securities.

  • Major Shareholder means a shareholder who directly or indirectly holds 10% or more of the voting rights.

  • 10% Shareholder means a person who owns, directly or indirectly, stock possessing more than 10% of the total combined voting power of all classes of stock of the Company or any Parent or Subsidiary of the Company. Indirect ownership of stock shall be determined in accordance with Code Section 424(d).

  • Major Stockholder means any such Person.

  • 10% Stockholder means the owner of stock (as determined under Code Section 424(d)) possessing more than ten percent (10%) of the total combined voting power of all classes of stock of the Corporation (or any Parent or Subsidiary).

  • Transferring Stockholder has the meaning assigned to such term in Section 3.4(a).

  • Shareholder means a person who owns shares in the company and is actively involved in the management of the enterprise or business and exercises control over the enterprise.

  • Common Stockholder means the employee of, consultant to, or director of the Company or other person to whom shares of Common Stock are issued pursuant to this Plan.

  • Controlling Shareholder means any shareholder owning more than fifty

  • Majority Shareholder means a holder of more than fifty percent (50%) of the outstanding stock of the Company, or if no person holds more than fifty percent (50%) of the outstanding stock of the Company, the holder of a plurality of the outstanding stock of the Company.

  • Company Shareholders means the registered or beneficial holders of the Company Shares, as the context requires;

  • Shareholder Group means (i) Shareholder and (ii) any Affiliate or Shareholder Family Entity (as defined in the Shareholder's Agreement) of Shareholder (other than the Company).

  • Stockholder means, with respect to any Person, each holder of Stock of such Person.