RTO Transaction definition

RTO Transaction means any sale, transfer or other disposition of transmission assets entered into in connection with the formation of a regional transmission organization pursuant to or in a manner consistent with regulatory requirements applicable to the Borrower.

RTO Transaction means the transfer of transmission facilities to a regional transmission organization or equivalent organization as approved or ordered by the Federal Energy Regulatory Commission.

RTO Transaction means the transfer of transmission facilities to a regional transmission organization or equivalent organization as ordered by the Federal Energy Regulatory Commission.

Examples of RTO Transaction in a sentence

• Accordingly, the RTO Transaction has been accounted for as a business combination.

• As part of the RTO Transaction, Mr. Chris Lodder was appointed as President of ODV.

• Maintain and preserve, and cause each Significant Subsidiary to maintain and preserve, all of its properties that are used or useful in the conduct of its business in good working order and condition, ordinary wear and tear excepted and except as required in connection with or pursuant to any Restructuring Law or in connection with RTO Transaction.

• Any reference to purchaser shall mean the Lessee under the RTO Transaction and not the Lessor.

• The Company completed the RTO Transaction in February 2020 (note 3) and concluded that the entity acquired did qualify as a business combination under IFRS 3, “Business Combinations”, as significant processes were acquired.

More Definitions of RTO Transaction

RTO Transaction means the arm’s length reverse takeover completed on February 24, 2020, whereby Bluenose acquired all of the issued and outstanding shares of Caldas Finance by way of a three-cornered amalgamation pursuant to the Amalgamation Agreement.

RTO Transaction means the Corporation’s reverse takeover transaction that completed on September 21, 2018, whereby CNX Holdings Inc. amalgamated with a wholly-owned subsidiary of the Corporation;

RTO Transaction means the business combination among, inter alia, the Corporation and IMC pursuant to which, among other things, IMC completed a reverse takeover of the Corporation, and changed its name from “Navasota Resources Inc.” to “IM Cannabis Corp.”;

RTO Transaction means a lease-to-own, rent-to-own or lease-here-pay-here transaction involving a lease of a motor vehicle by a Borrower.

RTO Transaction means and shall be deemed completed upon the closing of both (A) a transaction pursuant to which the Buyer becomes subject to the reporting requirements of the Exchange Act, or to similar reporting requirements of Canadian Securities Laws of any one or more province or territory of Canada, whether directly or indirectly by way of becoming a subsidiary of an entity subject to such reporting requirements (the “Acquiror”) and (B) (x) a public offering of securities of the Buyer, or of the securities of Acquiror, pursuant to a registration statement filed by the Buyer with the Securities and Exchange Commission or a prospectus filed by Acquiror with any one or more securities commission or similar regulatory authority in Canada or (y) a private placement of securities of the Buyer, or of the securities of Acquiror or securities of a special purpose entity to be converted into securities of the parent of the Buyer in connection with the transaction; in either which case the Buyer or Acquiror receives gross proceeds of at least $50,000,000 (the “Public Offering”).

RTO Transaction has the meaning set forth in Section 2;

RTO Transaction means a Transaction in which the Price Source is an RTO.