Examples of NBBCA in a sentence
Court Approval The NBBCA provides that where it is not practicable for a corporation to effect a fundamental change in the nature of an arrangement under any other provisions of the NBBCA, the corporation may apply to the Court for an order approving an arrangement proposed by the corporation.
The Court has broad discretion under the NBBCA when making orders with respect to an arrangement and the Court will consider, among other things, the fairness of the Arrangement to the Shareholders (and any other party as the Court determines appropriate).
The articles of amendment giving effect to the Share Restructuring shall have been filed with the Director under the NBBCA and become legally effective to give effect to the Share Restructuring Plan as of the Effective Time.
Solect shall not have received on or prior to the Effective Time notice from the holders of more than 5% of the Solect Common Shares of their intention to exercise rights of dissent under Section 131 of the NBBCA.
On November 1, 2013, the Company and Plaza entered into an arrangement agreement whereby they agreed to reorganize the affairs of the Company pursuant to a plan of arrangement under Section 128 of the NBBCA to, among other things, convert the Company from a corporate structure to a real estate investment trust structure.
As soon as practicable after all of the conditions precedent set forth in Articles 7 and 8 hereof have been satisfied or effectively waived pursuant to the terms hereof, Solect shall cause articles of amendment giving effect to the Share Restructuring Plan in the form of Exhibit 1.1 attached hereto (the "Share Restructuring Plan") to be filed with the Director under the Business Corporations Act (New Brunswick) (the "NBBCA").
Holders of Solect Common Shares may exercise rights of dissent with respect to such shares in connection with the Share Restructuring pursuant to and in the manner set forth in Section 131 of the NBBCA (such holders referred to as "Dissenting Shareholders").
MFT is incorporated under the Business Corporation Act (New Brunswick) ("NBBCA") and will become wholly-owned subsidiary of the Corporation, upon completion of the Acquisition.
Provided that the conditions set forth in Articles 7 and 8 of this Agreement have been satisfied or waived, Solect shall, on the Closing Date, file the articles of amendment giving effect to the Share Restructuring Plan pursuant to the NBBCA.
Food security and metabolic syndrome in U.S. adults and adolescents: findings from the National Health and Nutrition Examination Survey.