Common use of Stated Capital Clause in Contracts

Stated Capital. The aggregate stated capital of Amalco will be an amount equal to the paid up capital for the purposes of the Tax Act of the common shares in the capital of Purchaser immediately before the amalgamation;

Appears in 3 contracts

Samples: Arrangement Agreement (Vitran Corp Inc), Arrangement Agreement (TransForce Inc. \ Quebec Canada), Arrangement Agreement (Vitran Corp Inc)

AutoNDA by SimpleDocs

Stated Capital. The aggregate stated capital of the common shares of Amalco will be an amount equal to the paid up capital for the purposes of the Tax Act of the common shares in the capital of the Purchaser immediately before the amalgamation;

Appears in 2 contracts

Samples: Amending Agreement (Uranium Energy Corp), Arrangement Agreement (Uranium Energy Corp)

AutoNDA by SimpleDocs

Stated Capital. The aggregate stated capital of Amalco AmalCo will be an amount equal to the paid aggregate of the paid-up capital for the purposes of the Tax Act of (A) the common shares in the capital of Purchaser IPL Common Shares outstanding immediately before the amalgamation;Amalgamation and (B) the shares of SubCo outstanding immediately before the Amalgamation.

Appears in 1 contract

Samples: Arrangement Agreement (Pembina Pipeline Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.