Search - consideration

In XXXXXXXXXX, Father acquired XXXXXXXXXX Class XXXXXXXXXX shares and XXXXXXXXXX Class XXXXXXXXXX shares of Predecessor1 as consideration for the tax-deferred transfer of certain eligible property, pursuant to the provisions of subsection 85(1) of the Act, to Predecessor1. ... Opco1 will accept the Opco2 Note 3 in full satisfaction of the redemption price of such shares. 15.Immediately after the completion of the transactions as described in paragraph 14 above, Opco2 will redeem all its Class XXXXXXXXXX shares held by Father and in consideration therefor Opco2 will issue to Father a demand non-interest bearing promissory note (the "Opco2 Note 4") having a principal amount and fair market value equal to the aggregate redemption amount of its Class XXXXXXXXXX shares so redeemed. ... As consideration for such property Opco2 will assume any balance of mortgage relating to such property and will reduce the balance owing by Opco1 under the Opco1 Note by an amount equal to the difference between the fair market value of the property so transferred and the mortgage assumed by Opco2 as described herein. ...

As sole consideration for such transfer, Aco will issue XXXXXXXXXX Common shares and XXXXXXXXXX Class A Preferred shares to A. ... As sole consideration for such transfer, Bco will issue XXXXXXXXXX Common shares and XXXXXXXXXX Class A Preferred shares to B. ... As sole consideration for such transfer, Subco will issue XXXXXXXXXX Common shares to the Trust. ...

As sole consideration for such transfer, XXXXXXXXXX will issue to XXXXXXXXXX common shares of XXXXXXXXXX with a fair market value equal to the fair market value at the time of the transfer of the shares transferred by XXXXXXXXXX to XXXXXXXXXX. ... As sole consideration for such transfer, New XXXXXXXXXX will issue to XXXXXXXXXX common shares of New XXXXXXXXXX with a fair market value equal to the fair market value at the time of the transfer of the XXXXXXXXXX transferred by XXXXXXXXXX to NewXXXXXXXXXX. ... Paragraph 85(1)(h) will apply to deem that the cost: (iii) to XXXXXXXXXX of the XXXXXXXXXX common shares received as consideration for the transfer described in paragraph 36 above; (iv) to XXXXXXXXXX of the New XXXXXXXXXX common shares received as consideration for the transfer described in paragraph 38 above will be the agreed amount in respect of the properties transferred. ...

The amount to be specified in respect of the XXXXXXXXXX Retractible Preferred Shares, at the time of their issuance by a resolution to be made by the board of directors of XXXXXXXXXX will be expressed as a dollar amount, will not be determined by a formula and will not exceed the fair market value of the property to be received by XXXXXXXXXX as consideration for such shares. ... In addition, in respect of each eligible property included in such election the amount agreed upon in such election will not be greater than the fair market value, at the time of the disposition, of such property, nor will it be less than the aggregate of the fair market value of any liability assumed as consideration for such property. ... XXXXXXXXXX will then redeem its Retractible Preferred Shares held by XXXXXXXXXX for consideration consisting of two demand promissory notes (the "First XXXXXXXXXX Note" and the "Second XXXXXXXXXX Note") payable to XXXXXXXXXX and having an aggregate principal amount and fair market value equal to the aggregate redemption amount of its Retractible Preferred Shares so redeemed. ...

As consideration for the acquisition, Parentco issued XXXXXXXXXX of its shares to the former shareholders of Foreignco2. ... Lossco will not allocate any portion of the Purchase Price to the lease cancellation and therefore Lossco will receive no consideration in respect of that cancellation. 16. ... The Lossco Preferred Shares, issued by Lossco to Canco1 as consideration for Canco1's XXXXXXXXXX and XXXXXXXXXX Lease described in paragraph 13 above, will not be acquired by Canco1 in the ordinary course of its business. 22. ...

W will subscribe for XXXXXXXXXX Class "A" Common Shares of Transferee for nominal consideration. 23. ... As consideration W will assume all of the mortgage indebtedness of the XXXXXXXXXX Property, and for the remainder of the purchase price assign a portion of his shareholder's loan account in DC to S. ... As consideration, Transferee will issue XXXXXXXXXX Class "E" Voting Preferred Shares (the "Transferee Special Preferred Shares") to DC and may assume certain liabilities of DC. ...

In consideration for such transfer, Bco will issue to Mrs. L Class B Preference Shares with a fair market value and redemption amount equal to the fair market value at the time of the transfer of the XXXXXXXXXX Class A Preference shares of Aco. ... In consideration for such transfer, Cco will issue to Mrs. M Class B Preference Shares with a fair market value and redemption amount equal to the fair market value at the time of the transfer of the XXXXXXXXXX Class A Preference shares of Aco. ... The Class A Preference shares will specify an amount for the purposes of subsection 191(4), to be designated by a resolution of the directors at the time of their issue not to exceed the fair market value of the consideration received for their issue. ...

As consideration for such transfer, Newco will issue additional common shares to Holdco. ... As consideration for such transfers, Jco, Kco, Lco and Mco will issue shares to Mrs. ... The share consideration received by Mrs. J, in particular, will be comprised of one Jco common share. ...

In consideration for such transfer, Bco will issue to Mrs. L Class B Preference Shares with a fair market value and redemption amount equal to the fair market value at the time of the transfer of the XXXXXXXXXX Class A preference shares of Aco. ... In consideration for such transfer, Cco will issue to Mrs. V Class B Preference Shares with a fair market value and redemption amount equal to the fair market value at the time of the transfer of the XXXXXXXXXX Class A preference shares of Aco. ... The Class A preference shares will specify an amount, for the purposes of subsection 191(4) to be designated by a resolution of the directors at the time of their issue, not to exceed the fair market value of the consideration received for their issue. ...

As sole consideration for such transfer, Holdco1 will issue to Sib1 XXXXXXXXXX common shares and XXXXXXXXXX Class A special shares of its capital stock having a fair market value equal to the fair market value at that time of the shares of DC transferred to Holdco1. 17. ... As sole consideration for such transfer, Holdco2 will issue to Sib2 XXXXXXXXXX common shares and XXXXXXXXXX Class A special shares of its capital stock having a fair market value equal to the fair market value at that time of the shares of DC transferred to Holdco2. 18. ... As sole consideration for such transfer, Holdco3 will issue to Sib3 XXXXXXXXXX common shares and XXXXXXXXXX Class A special shares of its capital stock having a fair market value equal to the fair market value at that time of the shares of DC transferred to Holdco3. 19. ...