Examples of Nova Scotia Act in a sentence
Branch registers of the shareholders and of the holders of bonds, debentures and other securities may be kept elsewhere, either within or without the Province of Nova Scotia, in accordance with the Nova Scotia Act.
The Board of Directors shall cause to be kept at the Nova Scotia Office in accordance with the provisions of the Nova Scotia Act a Register of the shareholders of the Company, a register of the holders of bonds, debentures and other securities of the Company and a register of its directors.
The term of the Company shall be perpetxxx xxxxxx the Company is earlier dissolved in accordance with either the provisions of this Agreement or the Nova Scotia Act.
Comparison Between Business Corporations Act and Nova Scotia Corporate Law The following is a summary only of certain differences between the Business Corporations Act which governs the corporate affairs of SpectrumGold and the Companies Act (Nova Scotia) (the "Nova Scotia Act") which governs the corporate affairs of NovaGold.
If the GCL or the Nova Scotia Act is amended hereafter to authorize the further elimination or limitation of the liability of directors, then the liability of a director of the Company shall be eliminated or limited to the fullest extent authorized by the GCL and the Nova Scotia Act, as so amended.
In exercising their vote, SpectrumGold Shareholders should consider the distinctions between the Nova Scotia Act and the Business Corporations Act, only some of which are outlined below.
The Nova Scotia Act provides that shareholders of a company who are entitled to vote on certain matters are entitled to exercise dissent rights and to be paid the fair value of their shares in connection therewith.
The Company reserves the right to amend, alter, change or repeal this Amended and Restated Certificate of Incorporation or any provision thereof, in the manner and to the extent prescribed and permitted by the GCL and the Nova Scotia Act, and all rights of members (stockholders) are granted subject to this reservation.
The parties have organized the Company as a Nova Scotia unlimited liability company pursuant to the Nova Scotia Act and have filed the requisite certificates with the Registrar of Joint Stock Companies, Province of Nova Scotia, Canada.
In approving the Arrangement, non-dissenting SpectrumGold Shareholders will become shareholders of NovaGold and will hold securities in a company governed by the Nova Scotia Act.