Examples of Sprott Shares in a sentence
The DCIS II Child Care Sub system will automatically change the category code from 11 to 31, and give notice once the client is no longer eligible for TANF but continues to be eligible under category 31.The expiration dates for Change Authorizations will remain the same as on the original authorization.
Foreign Tax Credit A U.S. Holder that pays (whether directly or through withholding) Canadian income tax in connection with the Arrangement or in connection with the ownership or disposition of Sprott Shares may elect to either deduct or credit the Canadian income tax paid.
Taxation of Distributions Subject to the PFIC rules discussed above, a U.S. Holder that receives a distribution, including a constructive distribution, with respect to Sprott Shares will be required to include the amount of the distribution in gross income as a dividend (without reduction for any foreign income tax withheld from the distribution) to the extent of Sprott’s current or accumulated “earnings and profits”, as computed for U.S. federal income tax purposes.
The emphasis ought to be somewhat limited; the approach ought to be done with “all due caution”.23 There is a clear similarity between the two approaches above: The impact on the interpretation of the UN Charter depends on the attitudes by states towards the resolutions, as expressed by their voting in the General Assembly.
Accordingly, SRLC was required to obtain a formal valuation of the SRLC Shares and the Sprott Shares prepared in accordance with MI 61-101 by a valuator who is independent of all “interested parties” to the Arrangement (as such term is defined for the purposes of MI 61-101) and who is qualified to provide such a valuation.
In addition to the C$85 million in cash to be paid by Sprott to CGAL and the 6,997,387 Sprott Shares to be issued by Sprott to CGAL as consideration for the sale of all of the outstanding shares of the New Administrator pursuant to the Plan of Arrangement, Sprott will also pay CGAL an earnout amount, being the greater of: (a) C$5 million; and (b) an amount based on a formula related to the legacy assets of CFCL held by the Trust on the first anniversary of the Arrangement.
Cormark also concluded that, as of May 8, 2013, the fair market value of the Sprott Shares was in the range of $2.40 to $3.15.
The Share Consideration will not be adjusted for any subsequent changes in market prices of the SRLC Shares or Sprott Shares prior to the closing of the Arrangement.
The discussion regarding personnel was tabled for executive session.
Sale or Other Taxable Disposition of Sprott Shares Subject to the PFIC rules described above, a U.S. Holder will recognize gain or loss on the sale or other taxable disposition of Sprott Shares in an amount equal to the difference, if any, between (a) the amount of cash plus the fair market value of any property received, and (b) the U.S. Holder’s tax basis in the Sprott Shares sold or otherwise disposed of.