VMC BC definition

VMC BC means VMC Volt Information Sciences BC, Inc., a corporation incorporated under the laws of British Columbia. “Volt Canada” means Volt Canada Inc., a corporation incorporated under the laws of Canada.
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VMC BC means VMC Volt Information Sciences BC, Inc., a corporation incorporated under the laws of British Columbia.
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Examples of VMC BC in a sentence

  • Neither VMC BC nor Volt Canada has ever established, maintained or contributed to, or had within the past six calendar years an obligation to maintain or contribute to, any (i) multi-employer pension plan as defined under Canadian pension standards legislation or (ii) pension plan that contains a “defined benefit provision” as such term is defined under subsection 147.1(1) of the Tax Act (Canada).

  • All of the outstanding equity securities and other securities of VMC BC are legally owned of record and beneficially by Volt Canada, free and clear of all Encumbrances.

  • No events have occurred with respect to VMC BC or Volt Canada which, to the Seller’s Knowledge, are reasonably likely to result in any significant increase in any workers’ compensation board assessment payable by the Company.

  • To the Seller’s Knowledge, VMC BC and Volt Canada have at all times since December 31, 2014 utilized proper risk classification codes and descriptions in accordance with all applicable workers’ compensation Laws.

  • Each of Volt Canada and VMC BC is a “private issuer” as such term is defined in National Instrument 45-106 respecting prospectus and registration exemptions.

  • VMC BC has an unlimited amount of authorized share capital, of which 200 common shares are issued and outstanding and held by Volt Canada.

  • All assessments which are due or overdue and payable under the Workers Compensation Act (British Columbia) in relation to VMC BC or Volt Canada have been paid and there are no outstanding assessments which are due or overdue and payable but unpaid.

  • No Acquired Company owns, controls or has any rights to acquire, directly or indirectly, any capital stock or other equity interests or debt instruments of any Person, except for VMC BC.

  • Volt Canada and VMC BC do not carry on any cultural business as defined in Section 14.1 of the Investment Canada Act.

  • There have been no (i) administrative penalties or warning letters or (ii) variances or orders outside of the ordinary course issued to VMC BC or Volt Canada by WorksafeBC since December 31, 2014.