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C-44; (f) "CHARITY" is XXXXXXXXXX; (g) "CHARITY 2" is the XXXXXXXXXX; (h) "Charity Portion" has the meaning given in paragraph 33(g); (i) "Class A Preference shares" means the Class A Preference Shares in the capital stock of XCO which are redeemable, retractable, non-voting, which carry an entitlement to a fixed non-cumulative dividend of XXXXXXXXXX% per annum on the redemption price thereof and entitle their holder(s) to the property and assets of XCO on a liquidation, dissolution, winding-up or return of capital in priority to the Common shares, Class B Preference shares, Class C Preference shares, Class D Preference shares, Class E Preference shares, Class F Preference shares and Class H Preference shares in an amount not exceeding the aggregate of their redemption price and any unpaid dividends declared thereon; (j) "Class B Preference shares" means the Class B Preference Shares in the capital stock of XCO which are redeemable, non-voting, which carry an entitlement to a fixed non-cumulative dividend of XXXXXXXXXX% per annum on the redemption price thereof and entitle their holder(s) to the property and assets of XCO on a liquidation, dissolution, winding-up or return of capital in priority to the Common shares, Class D Preference shares, Class E Preference shares, Class F Preference shares and Class H Preference shares in an amount not exceeding the aggregate of their redemption price and any unpaid dividends declared thereon; (k) "Class C Preference shares" means the Class C Preference Shares in the capital stock of XCO which are redeemable, retractable, non-voting, which carry an entitlement to a fixed non-cumulative dividend of XXXXXXXXXX% per annum on the redemption price thereof and entitle their holder(s) to the property and assets of XCO on a liquidation, dissolution, winding-up or return of capital in priority to the Common shares, Class B Preference shares, Class D Preference shares, Class E Preference shares, Class F Preference shares and Class H Preference shares in an amount not exceeding the aggregate of their redemption price and any unpaid dividends declared thereon; (l) XXXXXXXXXX; (m) XXXXXXXXXX; (n) XXXXXXXXXX; (o) XXXXXXXXXX; (p) XXXXXXXXXX; (q) "Class J Preference shares" means the Class J Preference shares in the capital stock of XCO to be added to the authorized capital of XCO in the manner described in paragraph 36 which are non-voting, preference shares that are redeemable and retractable for an amount equal to the value of the consideration received for such shares, entitle their holders to receive a fixed, non-cumulative dividend that is calculated by multiplying the redemption price thereof by the per annum rate of interest prescribed by paragraph 4301(c) of the Income Tax Regulations at the time of the issuance of the share, and entitle their holders to the property and assets of XCO on a liquidation, dissolution, winding-up or return of capital in priority to the holders of all other classes of shares of XCO, other New XCO Preferred Shares, in an amount not exceeding their redemption price; (r) XXXXXXXXXX; (s) "Exchanged Shares" has the meaning given in paragraph 37; (t) "Final Distribution Date" has the meaning given in paragraph 33(k); (u) "First Agreement" has the meaning given in paragraph 37; (v) "GCO" means XXXXXXXXXX; (w) "Gift" has the meaning given in paragraph 54; (x) "Income Tax Regulations" means the Income Tax Regulations, C.R.C., c. 945; (y) "Material Date" means the day that is one day after the death of XXXXXXXXXX; (z) XXXXXXXXXX; (aa) "New XCO Common Shares" means the Class A Common shares in the capital stock of XCO to be added to the authorized capital of XCO in the manner described in paragraph 36 which are voting, participating common shares, which will entitle their holders to XXXXXXXXXX votes per share, to receive dividends as and when declared by the directors of XCO and to share in the remaining property and assets of XCO on its dissolution, liquidation, winding-up or distribution of capital on a pro-rata basis with any holders of voting Common shares in the capital stock of XCO, but subject to the prior rights of holders of all classes of Preference shares in the capital stock of XCO; (bb) "New XCO Preferred Shares" means the Class I Preference shares in the capital stock of XCO to be added to the authorized capital of XCO in the manner described in paragraph 36 which are non-voting, preference shares, which are redeemable and retractable for $XXXXXXXXXX per share, entitle their holders to receive a fixed, non-cumulative dividend that is calculated by multiplying the redemption price thereof by the per annum rate of interest prescribed by paragraph 4301(c) of the Income Tax Regulations at the time of the issuance of the share, and which entitle their holders to the property and assets of XCO on a liquidation, dissolution, winding-up or return of capital in priority to the holders of Class J Preference shares in an amount not exceeding their redemption price; (cc) "Newco" means the wholly-owned subsidiary of the Trust that is to be incorporated by the Trust after the death of XXXXXXXXXX as described in paragraph 43; (dd) "Newco Common Shares" has the meaning given in paragraph 43; (ee) "Newco Preferred Shares" has the meaning given in paragraph 43; (ff) "New Shares" has the meaning given in paragraph 51; (gg) "paid-up capital" has the meaning assigned by subsection 89(1) of the Act; (hh) "qualified donee" has the meaning assigned by subsection 149.1(1) of the Act; (ii) "registered charity" has the meaning assigned by subsection 248(1); (jj) "Second Agreement" has the meaning given in paragraph 45; (kk) "Second Exchange" has the meaning given in paragraph 45; (ll) "SOCIETY" means XXXXXXXXXX; (mm) XXXXXXXXXX; (nn) "Society Distribution Date" has the meaning given in paragraph 33(j); (oo) "Society Portion" has the meaning given in paragraph 33(g); (pp) "Subject Shares" has the meaning given in paragraph 51; (qq) "Subsidiaries" has the meaning given in paragraph 6; (rr) "Subsidiary Shares" has the meaning given in paragraph 6; (ss) "taxable Canadian corporation" has the meaning assigned by subsection 89(1); (tt) "Third Agreement" has the meaning given in paragraph 51; (uu) "Third Exchange" has the meaning given in paragraph 51; (vv) "Trust" means the XXXXXXXXXX, a trust to be formed under the laws of the Province of XXXXXXXXXX in the manner described in paragraphs 26 to 35; (ww) "Trust Indenture" means the Trust Indenture of the Trust as described in paragraphs 28 to 35, containing the terms of the draft version of XXXXXXXXXX that was submitted on XXXXXXXXXX for the purposes of this request for an advance income tax ruling; (xx) "Trustco" has the meaning given in paragraph 27; (yy) "XCO" means XXXXXXXXXX; (zz) "XCO Distributed or Substituted Property" has the meaning given in Ruling H; and (aaa) "XCO Person" has the meaning given in Ruling H. ... The Newco Preferred Shares will be redeemable and retractable at a redemption price equal to the fair market value of the consideration for which such shares were issued, have voting rights equivalent to those attached to the Newco Common Shares, have a non-cumulative dividend entitlement and a preferential entitlement to share in the remaining property and assets of Newco on its dissolution, liquidation, winding-up or distribution of capital. 44. ... After the death of XXXXXXXXXX, the Trust and Newco, in accordance with the terms of the Trust Indenture, will enter into an agreement ("the "Second Agreement") pursuant to which the Trust will transfer its XXXXXXXXXX New XCO Common Shares to Newco in consideration for the issuance by Newco of XXXXXXXXXX Newco Common Shares (the "Second Exchange"). ...

Put Agreement XXXXXXXXXX will be secured by XXXXXXXXXX providing security satisfactory to XXXXXXXXXX. 81.XXXXXXXXXX will pay an annual fee (the "Put Fee XXXXXXXXXX"), XXXXXXXXXX as consideration for entering into the Put Agreement XXXXXXXXXX described in paragraph 80. 82.XXXXXXXXXX will enter into an agreement, (the "Debt Put/Call Agreement XXXXXXXXXX"), pursuant to which: (a)XXXXXXXXXX will have the right at any time to require the XXXXXXXXXX or any subsequent holder of its Class XXXXXXXXXX Shares to purchase all or any portion of the New Term Loan then outstanding, and (b)any holder of Class XXXXXXXXXX Shares of XXXXXXXXXX will have the right in certain circumstances to purchase all or any portion of the New Term Loan then outstanding, for a purchase price equal to the principal amount of the portion of the New Term Loan then outstanding and owing to XXXXXXXXXX, or part thereof, as the case may be. 83.Under the Debt Put/Call Agreement XXXXXXXXXX, the holder of Class XXXXXXXXXX Shares of XXXXXXXXXX will pay the purchase price for the relevant portion of the New Term Loan, or part thereof, by way of certified cheque or bank draft and, upon delivery of such cheque or bank draft XXXXXXXXXX will redeem a number of its Class XXXXXXXXXX Shares, the aggregate Redemption Amount of which will equal the purchase price of the New Term Loan, or part thereof, sold by XXXXXXXXXX to the holder of Class XXXXXXXXXX Shares. ... Put Agreement XXXXXXXXXX will be secured by XXXXXXXXXX providing security satisfactory to XXXXXXXXXX. 85.XXXXXXXXXX will pay an annual fee (the "Put Fee XXXXXXXXXX"), XXXXXXXXXX as consideration for entering into the Put Agreement XXXXXXXXXX described in 84 above. 86.XXXXXXXXXX will enter into an agreement, (the "Debt Put/Call Agreement XXXXXXXXXX"), pursuant to which: (a)XXXXXXXXXX will have the right at any time to require the XXXXXXXXXX or any subsequent holder of its Class XXXXXXXXXX Shares to purchase all or any portion of the New XXXXXXXXXX Senior Debt then outstanding, and (b)any holder of Class XXXXXXXXXX Shares of XXXXXXXXXX will have the right in certain circumstances to purchase all or any portion of the New XXXXXXXXXX Senior Debt then outstanding, for a purchase price equal to the principal amount of the portion of the New XXXXXXXXXX Senior Debt then outstanding and owing to XXXXXXXXXX, or part thereof, as the case may be. 87.Under the Debt Put/Call Agreement XXXXXXXXXX, the holder of Class XXXXXXXXXX Shares of XXXXXXXXXX will pay the purchase price for the relevant portion of the New XXXXXXXXXX Senior Debt, or part thereof, by way of certified cheque or bank draft and, upon delivery of such cheque or bank draft XXXXXXXXXX will redeem a number of its Class XXXXXXXXXX Shares, the aggregate Redemption Amount of which will equal the purchase price of the New XXXXXXXXXX Senior Debt, or part thereof, sold by XXXXXXXXXX to the holder of Class XXXXXXXXXX Shares. ... Put Agreement XXXXXXXXXX will be secured by XXXXXXXXXX providing security satisfactory to XXXXXXXXXX. 89.XXXXXXXXXX will pay an annual fee (the "Put Fee XXXXXXXXXX"), XXXXXXXXXX as consideration for entering into the Put Agreement XXXXXXXXXX described in 88 above. 90.XXXXXXXXXX will enter into an agreement, (the "Debt Put/Call Agreement XXXXXXXXXX"), pursuant to which: (a)XXXXXXXXXX will have the right at any time to require the XXXXXXXXXX or any subsequent holder of its Class XXXXXXXXXX Shares to purchase all or any portion of the New XXXXXXXXXX Debt then outstanding, and (b)any holder of Class XXXXXXXXXX Shares of XXXXXXXXXX will have the right in certain circumstances to purchase all or any portion of the New XXXXXXXXXX Debt then outstanding, for a purchase price equal to the principal amount of the portion of the New XXXXXXXXXX Debt then outstanding and owing to XXXXXXXXXX, or part thereof, as the case may be. 91.Under the Debt Put/Call Agreement XXXXXXXXXX, the holder of Class XXXXXXXXXX Shares of XXXXXXXXXX will pay the purchase price for the relevant portion of the New XXXXXXXXXX Debt, or part thereof, by way of certified cheque or bank draft and, upon delivery of such cheque or bank draft XXXXXXXXXX will redeem a number of its Class XXXXXXXXXX Shares, the aggregate Redemption Amount of which will equal the purchase price of the New XXXXXXXXXX Debt, or part thereof, sold by XXXXXXXXXX to the holder of Class XXXXXXXXXX Shares. ...

Le prix de rachat d'une action de catégorie «E» est composé du montant des dividendes déclarés et impayés et d'une somme égale au montant reçu par la société lors de l'émission de cette action plus une prime égale à la différence entre, d'une part, la JVM de la contrepartie reçue par la société lors de l'émission de cette action de catégorie «E», en considération de son émission et, d'autre part, le total formé par: (a) la montant reçu pour cette action de catégorie «E», et (b) la JVM de tout bien, autre qu'une action de catégorie «E», donné par la société en paiement de cette contrepartie. ... Le prix de rachat d'une action de catégorie «F» est composé du montant des dividendes déclarés et impayés et d'une somme égale au montant reçu par la société lors de l'émission de cette action plus une prime égale à la différence entre, d'une part, la JVM de la contrepartie reçue par la société lors de l'émission de cette catégorie «F», en considération de son émission et, d'autre part, le total formé par: (a) la montant reçu pour cette action de catégorie «F», et (b) la JVM de tout bien, autre qu'une action de catégorie «F», donné par la société en paiement de cette contrepartie. ... Le prix de rachat d'une action de catégorie «G» est composé du montant des dividendes déclarés et impayés et d'une somme égale au montant reçu par la société lors de l'émission de cette action plus une prime égale à la différence entre, d'une part, la JVM de la contrepartie reçue par la société lors de l'émission de cette action de catégorie «G», en considération de son émission et, d'autre part, le total formé par: (a) la montant reçu pour cette action de catégorie «G», et (b) la JVM de tout bien, autre qu'une action de catégorie «G», donné par la société en paiement de cette contrepartie. ...

Actions privilégiées de catégorie « A »: sans valeur nominale, non participantes, sans droit de vote, droit de recevoir un dividende discrétionnaire mensuel non cumulatif prioritairement aux autres catégories d’actions à un taux n’excédant pas XXXXXXXXXX% calculé sur le prix de rachat, rachetable au gré de la société ou du détenteur pour un montant correspondant à sa quote-part du montant porté au compte capital déclaré pour ces actions, plus une prime XXXXXXXXXX à la différence entre la JVM, lors de l’émission de ces actions, de la contrepartie reçue par la société en considération de l’émission de ces actions et le total formé par: (i) le montant versé au compte de capital déclaré pour ces actions; et (ii) la JVM de tout bien autre que les actions de cette catégorie, donné en paiement de cette contrepartie; c. Actions privilégiées de catégorie « B »: sans valeur nominale, non participantes, sans droit de vote, droit de recevoir un dividende mensuel non cumulatif prioritairement aux autres catégories d’actions si aucun dividende n’est déclaré sur les actions privilégiées de catégorie « A » à un taux de XXXXXXXXXX% calculé sur le prix de rachat, rachetable au gré de la société ou du détenteur pour un montant correspondant à sa quote-part du montant porté au compte capital déclaré pour ces actions, plus une prime égale à la différence entre la JVM, lors de l’émission de ces actions, de la contrepartie reçue par la société en considération de l’émission de ces actions et le total formé par: (i) le montant versé au compte de capital déclaré pour ces actions; et (ii) la JVM de tout bien autre que les actions de cette catégorie, donné en paiement de cette contrepartie; d. ... Actions privilégiées de catégorie « A »: sans valeur nominale, non participantes, sans droit de vote, droit de recevoir un dividende discrétionnaire mensuel non cumulatif prioritairement aux autres catégories d’actions à un taux n’excédant pas XXXXXXXXXX% calculé sur le prix de rachat, rachetable au gré de la société ou du détenteur pour un montant correspondant à sa quote-part du montant porté au compte capital déclaré pour ces actions, plus une prime égale à la différence entre la JVM, lors de l’émission de ces actions, de la contrepartie reçue par la société en considération de l’émission de ces actions et le total formé par: (i) le montant versé au compte de capital déclaré pour ces actions; et (ii) la JVM de tout bien autre que les actions de cette catégorie, donné en paiement de cette contrepartie; c. ...

Le pourcentage utilisé sera déterminé en prenant en considération la notoriété de la Marque de Commerce, sa pénétration dans le marché, de même que les taux de redevances appliqués dans des transactions de licences comparables. ... Le pourcentage utilisé sera déterminé en prenant en considération la notoriété de la Marque de Commerce, leur pénétration dans le marché, de même que les taux de redevances appliqués dans des transactions de licences comparables. ...

In consideration of Canada entering into the Treaty Entitlement Agreement and assuming the various obligations set out therein, XXXXXXXXXX will forever release and discharge Canada from all claims, obligations, promises, undertakings and liabilities related to the TLE Claim settled, as more fully set out in Sections XXXXXXXXXX of the Treaty Entitlement Agreement. 32. In consideration of XXXXXXXXXX entering into the Treaty Entitlement Agreement, Canada will forever release and discharge XXXXXXXXXX from and against all claims, liabilities and demands relating to the obligations of XXXXXXXXXX arising out of paragraph XXXXXXXXXX of the XXXXXXXXXX Agreement, as more fully set out in Section XXXXXXXXXX of the Treaty Entitlement Agreement. 33. ...

The common shares will be issued to XXXXXXXXXX for nominal consideration. ...

The Class B LP Units are owned by various third party vendors who received such units as consideration for the disposition of certain income-producing properties located in Canada to Portfolio LP. ... Concurrently with Step 13, Finance Trust will transfer all of the US Holdco Notes held by it to the REIT for no consideration (the “Disposition”). ...

In consideration of Canada entering into the Treaty Entitlement Agreement and assuming the various obligations set out therein, XXXXXXXXXX will forever release and discharge Canada from all claims, obligations, promises, undertakings and liabilities related to the TLE Claim settled, as more fully set out in Sections XXXXXXXXXX of the Treaty Entitlement Agreement. 32. In consideration of XXXXXXXXXX entering into the Treaty Entitlement Agreement, Canada will forever release and discharge XXXXXXXXXX from and against all claims, liabilities and demands relating to the obligations of XXXXXXXXXX arising out of paragraph XXXXXXXXXX of the XXXXXXXXXX Agreement, as more fully set out in Section XXXXXXXXXX of the Treaty Entitlement Agreement. 33. ...

Acquireco will transfer all of the XCO XXXXXXXXXX shares and XCO XXXXXXXXXX shares it owns to Acquireco Newco in consideration for common shares of Acquireco Newco. ... XXXXXXXXXX XSUBXXXXXXXXXX Transferee Corporation will be a taxable Canadian corporation which will, in consideration of the assets transferred to it by XSUBXXXXXXXXXX Amalco as described herein, assume all liabilities directly related to the business acquired by it and issue XXXXXXXXXX shares in its capital stock to XSUBXXXXXXXXXX Amalco. ...