Pulp Business definition

Pulp Business means Canfor’s NBSK pulp and paper business, primarily consisting of owning and operating the Mills, which business was acquired by the Partnership under the Acquisition Agreement;
Sample 1Sample 2Sample 3
Pulp Business has the meaning set out in the Preliminary Statement;
Sample 1Sample 2Sample 3
Pulp Business means the NBSK pulp and paper business of the Partnership, primarily consisting of owning and operating the Northwood Pulp Mill, Intercontinental Pulp Mill and Prince George Pulp and Paper Mill;
Sample 1Sample 2

Examples of Pulp Business in a sentence

  • On January 1, 2000, the Pulp Business (Canfor) adopted the new recommendations of the Canadian Institute of Chartered Accountants relating to the accounting for pensions and other post-employment benefits using the prospective application method.

  • The Partnership consists of two NBSK pulp mills and one NBSK pulp and paper mill located in Prince George, British Columbia and a marketing group based in Vancouver, British Columbia (the Pulp Business).

  • Excluding the investment in the Partnership, the carrying values of the assets and liabilities of CPPI at March 2, 2012 were as follows:As at March 2,(millions of Canadian dollars)2012Assets acquired: Cash and cash equivalents$ 6.8Liabilities assumed: Due to Canfor Pulp Limited Partnership$ 0.1Income taxes payable$ 0.2Deferred income tax liability$ 31.4As a result of the exchange there was no change in control for the Pulp Business.

  • The Pulp Business is continuing to operate under CPPI, the legal parent.

  • As a result of the Exchange described in Note 1, CPPI increased its interest in both the Partnership and the General Partner from 49.8% to 100% and Canfor acquired a 50.2% interest in CPPI.The transaction was accounted for as a reverse acquisition under IFRS, with Canfor’s interest in the Pulp Business being the acquirer for accounting purposes and CPPI the acquiree for accounting purposes.

  • The financial statements have been presented, along with the comparative periods, from the accounting perspective that Canfor’s interest in the Pulp Business is the continuing entity after the exchange transaction as it has gained control of the Company through a reverse transaction.

  • Prior to March 2, 2012 49.8% of the Pulp Business was held by CPPI and reflected as non-controlling interest.

  • The business consists of two NBSK pulp mills and one NBSK pulp and paper mill located in Prince George, BC and a marketing group based in Vancouver, BC (the Pulp Business).

  • For all periods ending prior to March 2, 2012, the financial statements present the financial position, results of operations, and cash flows of the Pulp Business from the perspective of Canfor’s controlling interest in the Pulp Business as if operated as a stand-alone partnership entity subject to Canfor control.

  • The Partnership was formed to hold the NBSK pulp and paper business (the "Pulp Business") which it acquired from Canfor in connection with the Spinout described below (see "General Development of the Business – History").

Related to Pulp Business

  • food business means any undertaking, whether for profit or not and whether public or private, carrying out any of the activities related to any stage of production, processing and distribution of food;

  • Supply Business means the licensed business of the Licensee and anyaffiliate or related undertaking of the Licensee as a Supplier but shall not include the business carried out by the Board in its capacity as public electricity supplier;

  • Licensed Business means the activities connected with the conveyance of

  • Subject Business means the policy or policies that are the subject of the Insurance Business Transfer Plan.

  • the Business means the usual work and activities carried on by the Insured pertaining to his business as specified in the Schedule and no others.

  • Alarm business means the business by any individual, partnership, corporation, or other entity of selling, leasing, maintaining, servicing, repairing, altering, replacing, moving or installing any alarm system or causing to be sold, leased, maintained, serviced, repaired, altered, replaced, moved or installed any alarm system in or on any building, structure or facility.

  • Micro Business means a company which either:

  • Generation Business means the licensed business (if any) of the Licenseeand any affiliate or related undertaking of the Licensee in the generation of electricity or the provision of Ancillary Services;

  • Company Business means the business of the Company as presently conducted.

  • Transferred Business has the meaning ascribed to such term in the Separation Agreement.

  • Retained Business means any business now, previously or hereafter conducted by Seller or any of its Subsidiaries or Affiliates other than the Business.

  • Minority Business means a business:

  • Retained Businesses means all businesses now, previously or hereafter conducted by Parent, the Sellers or any of their Subsidiaries or Affiliates, other than the Business.

  • Excluded Businesses means Business types which are excluded from application for an Inter-Community Business Licence and includes those Business types referred to in Schedule “A”.

  • Excluded Business has the meaning set forth in Section ‎9.1.1.

  • Parent Business has the meaning set forth in the Separation and Distribution Agreement.

  • Cannabis business means any business activity involving cannabis, including but not limited to cultivating, transporting, distributing, manufacturing, compounding, converting, processing, preparing, storing, packaging, delivering, testing, dispensing, retailing and wholesaling of cannabis, of cannabis products or of ancillary products and accessories, whether or not carried on for gain or profit.

  • Public business means and includes all matters which relate in any way, directly or indirectly, to the performance of the public body’s functions or the conduct of its business.

  • food business operator means the natural or legal persons responsible for ensuring that the requirements of food law are met within the food business under their control;

  • Branch business means any insurance business transacted by a branch captive insurance company in this State.

  • SpinCo Business has the meaning set forth in the Separation and Distribution Agreement.

  • Microbusiness means a licensee that may act as a cannabis

  • Specified Business means a business of a kind prescribed by the regulations to be a specified business; tenant, in relation to a lease, means the person who, under the lease, is or would be entitled to occupy the premises the subject of the lease; Tribunal means the State Administrative Tribunal;

  • Covered Business means (A) during the term, any business in which the Company is engaged and (B) after the Term, any business in which the Company was engaged as of the end of the Term.

  • Relevant Business means any business or part thereof howsoever carried on involving the supply of Restricted Goods and/or Services;

  • Qualified business means a for-profit business that obtains services relating to that business from 30 or fewer employees or employees of independent contractors performing services substantially similar to employees during a random week in the year ending on the tax day. If a person is a unified business group as that term is defined in section 117 of the Michigan business tax act, 2007 PA 36, MCL 208.1117, the number of employees from whom services are obtained includes all employees of the unitary business group and employees of independent contractors of the unitary business group rendering services to the qualified business.