FT Share definition

FT Share means common shares of the Company issued as a flow-through share, within the meaning of the Income Tax Act (Canada) and the regulations thereunder;

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FT Share has the meaning given above;

FT Share means a common share of Pretivm that is a “flow-through share” as defined in the ITA, and “FT Shares” means more than one FT Share;

Examples of FT Share in a sentence

The Trust will pay to the Dealer Manager dealer manager fees in the amount of up to 0.5% of the transaction price per share of each Class T and Class F-T Share sold; however, such amount may vary pursuant to the Participating Dealer Agreement with certain Participating Broker-Dealers, provided that the sum of upfront selling commissions and dealer manager fees shall not exceed 3.5% of the transaction price of each Class T or Class F-T Share sold.
A holder of FT Subscription Receipts shall not be entitled to receive a cash payment or any other compensation in respect of any such fraction of a FT Share.
Each FT Subscription Receipt issued hereunder will entitle the holder thereof, upon the conversion thereof in accordance with the provisions of Article 4 hereof, and without payment of any additional consideration, to be issued one (1) FT Share.
Each FT Share consists of one Common Shares to be issued as a “flow-through share” within the meaning assigned by subsection 66(15) of the Income Tax Act (Canada) (the “Tax Act”).
The Corporation will not under any circumstance, be obligated after the aggregation of the number of FT Shares to be issued to each holder of FT Subscription Receipts to issue any fraction of a FT Share on the conversion of FT Subscription Receipts, and any such fraction shall be rounded down to the next whole number of FT Shares.
Each FT Share is composed of one Common Share issued on a flow-through basis.
The undersigned (hereinafter referred to as the “Subscriber”) hereby irrevocably subscribes for and offers to purchase from the Company the number of common shares in the capital of the Company (a “Common Share”), to be issued on a flow-through basis (“FT Shares”) for $0.20 per FT Share set forth below upon and subject to the Conditions of this Subscription Agreement of the Company attached hereto.
Each Additional Unit and Additional FT Share shall be identical to, respectively, the Units and FT Shares, and the Unit Shares and the Unit Warrants comprising the Additional Units shall be identical to the Unit Shares and the Unit Warrants comprising the Units.
The Company shall not, without the prior written consent of the Purchaser (i) enter into any other agreement which would prevent or restrict its ability to renounce Qualifying Expenses to the Purchaser in the amount of the Flow- Through Funds, or (ii) hereafter enter into any agreement in 2021 with any person which provides for the issue of FT Shares or securities exchangeable or exercisable for, or convertible into, FT Shares at an effective price per FT Share which is less than the Purchase Price.
Without limiting the generality of the foregoing, an obligation of the Issuer to renounce an amount of Qualifying Expenses under the Tax Act with respect to a FT Share shall include, for Québec income tax purposes, an obligation to renounce such amount under the Québec Tax Act.

More Definitions of FT Share

FT Share has the meaning given to it above; "FT Unit" has the meaning given to it above;

FT Share means a flow-through common share of the Corporation forming part of the FT Unit to be offered for sale by the Agent under the terms and conditions of this Agreement, and “FT Shares” means more than one FT share;

FT Share means one Common Share comprising part of an FT Unit to be issued on a flow-through basis pursuant to the Income Tax Act (Canada);

FT Share has the meaning ascribed thereto on the face page hereof;

FT Share means a previously unissued Common Share of the Issuer which will constitute a “flow-through share” as defined in subsection 66(15) of the Tax Act;