Fording Corporation definition

Fording Corporation means Fording Unlimited Liability Corporation, the unlimited liability corporation existing under the laws of the Province of Alberta to be formed from the amalgamation of Fording ULC and Arrangement Co. pursuant to the Arrangement;
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Examples of Fording Corporation in a sentence

  • Fording Corporation will be an unlimited liability corporation existing under the laws of the Province of Alberta.

  • It is currently expected that the directors of Fording Corporation will maintain Fording LP’s current distribution policy, other than changes to such policy required to reflect the organizational structure of the New Trust following completion of the Arrangement, including the grant of the Royalty.

  • Fording LP Following completion of the Arrangement, the directors of Fording Corporation, as general partner of Fording LP, will determine the distribution policy of Fording LP.

  • It is also anticipated that the existing Governance Agreements will be amended such that the right of Teck Cominco and OTPP to nominate Trustees and Directors will become a right to nominate persons as New Trustees and as directors of Fording Corporation.

  • Table of Contents Accordingly, it is expected that Fording LP will distribute its Available Cash to its partners, in proportion to their respective partnership interests (which will be the New Trust, as to 99.99%, and the New Trust’s indirect wholly-owned subsidiary, Fording Corporation, as to 0.01%), subject to compliance with legal and contractual obligations.

  • Unitholder Meetings In each year, following completion of the Arrangement, an annual meeting of the Unitholders shall be held, at such time and place in Canada as the Trustees determine for the purpose of: (a) electing New Trustees; (b) appointing or changing the auditors of the New Trust, (c) approving nominees for election by the New Trustees as directors of Fording Corporation; and (d) transacting such other business as the New Trustees may determine or as may properly be brought before the meeting.

  • Following completion of the Arrangement, Fording LLC, as the sole shareholder of Fording Corporation, will elect as directors of Fording Corporation, the individuals nominated for approval of election of Directors at the Meeting.

  • Corporate reorganization On October 1, 2001, as part of a corporate Plan of Arrangement, Canadian Pacific Limited (CPL) distributed its interests in Fording Corporation (old Fording Inc.) to a newly created publicly held Corporation, Fording Inc.

  • The directors of Fording Corporation will be comprised of those persons that served as Directors immediately prior to the Effective Time.

  • It is also anticipated that following completion of the Arrangement, the EVC Partnership Agreement will be amended such that Fording Corporation and the Independent Directors will be able to exercise the rights Table of Contents currently enjoyed by Fording ULC and the ULC Independent Directors in connection with approval of certain Elk Valley Coal matters.

Related to Fording Corporation

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