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Le transfert du savoir de l'OSBL à une autre OSBL sous forme de licence ainsi que la considération reçue à cet égard lui fera-t-elle perdre son statut en vertu de 149(1)l)? ... Toutefois, le commandité devra prendre en considération les aspects suivants dans sa gestion courante: a) XXXXXXXXXX b) XXXXXXXXXX c) XXXXXXXXXX d) XXXXXXXXXX 33. ...

In consideration for the redeemed shares, Newco will issue a demand promissory note to Holdco (the "Newco Note") having a principal amount and a fair market value equal to the total of the redemption prices of its Class C and D special shares so redeemed. ... In consideration for the purchased/redeemed shares, Holdco will issue a demand promissory note to Newco (the "Holdco Note") having a principal amount and a fair market value equal to the total of the fair market value of the common shares so purchased and the redemption amounts of the Class A and Class B special shares. ...

As a result of the distributions of XXXXXXXXXX property to XXXXXXXXXX, on the winding-up of XXXXXXXXXX: (i) pursuant to paragraph 88(2)(b) and subsection 84(2), but subject to (ii) to (iv) herein, each of XXXXXXXXXX will be deemed to have received a dividend (“winding-up dividend A.”) on its shares of XXXXXXXXXX equal to the proportion of the amount by which the aggregate fair market value of the property of XXXXXXXXXX distributed by XXXXXXXXXX on the winding-up in consideration for the cancellation of its shares exceeds the PUC thereof that the number of shares of each class held by each of XXXXXXXXXX is of the number of cancelled shares of each class; (ii) pursuant to subparagraph 88(2)(b)(i), such portion of winding-up dividend A. as does not exceed XXXXXXXXXX CDA determined immediately before the payment of winding-up dividend A. will be deemed, for the purposes of the subsection 83(2) election referred to in paragraph 14 above, to be the full amount of a separate dividend; (iii) pursuant to subparagraph 88(2)(b)(ii), the portion of winding-up dividend A. that is equal to the lesser of: (A) XXXXXXXXXX pre-1972 capital surplus on hand as determined immediately before the payment of winding-up dividend A., and (B) the amount by which winding-up dividend A. exceeds the portion, if any, in respect of which XXXXXXXXXX will elect under subsection 83(2) will be deemed not to be a dividend; and (iv) pursuant to subparagraph 88(2)(b)(iii), winding-up dividend A., to the extent that it exceeds the portion thereof referred to in (ii) herein that is deemed to be a separate dividend and the portion referred to in (iii) herein that is deemed not to be a dividend, will be deemed to be a separate dividend that is a taxable dividend. ... As a result of the distributions of XXXXXXXXXX property to XXXXXXXXXX, on the winding-up of XXXXXXXXXX: (i) pursuant to paragraph 88(2)(b) and subsections 84(2), but subject to (ii) to (iv) herein, each of XXXXXXXXXX will be deemed to have received a dividend ("winding-up dividend B.”) on its shares of XXXXXXXXXX equal to the proportion of the amount by which the aggregate fair market value of the property of XXXXXXXXXX distributed by XXXXXXXXXX on the winding-up in consideration for the cancellation of its shares exceeds the PUC thereof that the number of shares of each class held by each of XXXXXXXXXX is of the number of cancelled shares of each class; (ii) pursuant to subparagraph 88(2)(b)(i) and subsection 89(3), such portion of winding-up dividend B. as does not exceed XXXXXXXXXX CDA determined immediately before the payment of winding-up dividend B., and in the order designated under subsection 89(3), will be deemed, for the purposes of the subsection 83(2) election referred to in paragraph 18 above, to be the full amount of a separate dividend; (iii) pursuant to subparagraph 88(2)(b)(ii), the portion of winding-up dividend B. that is equal to the lesser of: (A) XXXXXXXXXX pre-1972 capital surplus on hand as determined immediately before the payment of winding-up dividend B., and (B) the amount by which winding-up dividend B. exceeds the portion, if any, in respect of which XXXXXXXXXX will elect under subsection 83(2) will be deemed not to be a dividend and instead will be proceeds of disposition as defined by paragraph 54(i) in respect of the shares of XXXXXXXXXX; and (iv) pursuant to subparagraph 88(2)(b)(iii), winding-up dividend B., to the extent that it exceeds the portion thereof referred to in (ii) herein that is deemed to be a separate dividend and the portion referred to in (iii) herein that is deemed not to be a dividend, will be deemed to be a separate dividend that is a taxable dividend paid on each class of shares, as the case may be, in the order designated under subsection 89(3). ...

The First Nation will transfer most of its Investments Assets to the A-Trust in consideration for a non-interest bearing demand promissory grid note (Exhibit "4-C. ... The First Nation will transfer all of its Business Assets to the A-Trust, including its shares of Aco, in consideration for a non-interest bearing demand promissory grid note (Exhibit “4-D"). ...

In consideration for the transfer of the common shares of Canco1, Canco2 issued to each Holdco XXXXXXXXXX Exchangeable Shares of Canco2. ... In consideration for structuring and arranging the acquisitions and dispositions referred to herein, Purchaseco will agree to pay Broker an agency commission determined by reference to the amount of the sale proceeds received by Purchaseco from the sale of the common shares of Parentco as described below. ...

L'expression «prix de rachat» quant à chaque action privilégiée signifie le montant versé au compte de capital-actions émis et payé pour chacune avec, en plus, le cas échéant, une prime égale à la différence entre sa quote-part de la JVM au moment de son émission de tout bien reçu par la société comme considération pour ladite émission et le total formé par (1) ledit montant versé au compte de capital-actions émis et payé pour l'action et (2) sa quote-part de toute partie de telle JVM de tout bien payé par la société autrement que par l'émission d'une action privilégiées de catégorie «A». Le montant de la prime susdite sera déterminée par les administrateurs de la société sur la base de la JVM des biens reçus par la société comme considération de l'émission de ladite action et leur décision à cet égard sera finale et sans appel sauf dans le cas d'une cotisation d'impôt auquel cas les dispositions suivantes s'appliqueront. ...

Immediately following the payment of interest described in Paragraph 23, the following transactions will occur to unwind the loss consolidation arrangement: (a) Newco will redeem the Newco Preferred Shares held by ACo in consideration for a non-interest bearing promissory note issued by Newco (the “Newco Note”). ... The Newco Preferred Shares will not, at any time during the implementation of the Proposed Transactions described herein, be: (a) the subject of any undertaking that is referred to in subsection 112(2.2) as a “guarantee agreement”; (b) the subject of a dividend rental arrangement; (c) the subject of any secured undertaking of the type described in paragraph 112(2.4)(a); or (d) issued for consideration that is or includes: i. an obligation of the type described in subparagraph 112(2.4)(b)(i), other than an obligation of a corporation that is related (otherwise than by reason of a right referred to in paragraph 251(5)(b)); or ii. any right of the type described in subparagraph 112(2.4)(b)(ii). 39. ...

Lossco will subscribe for Newco Common Shares for nominal consideration. 14. ... Using the proceeds of the Profitco Note, Profitco will subscribe for Newco Preferred Shares for cash consideration of $XXXXXXXXXX. ...

Selon ce représentant, le raisonnement de l’ARC dans l’interprétation technique 2016-0647621E5 serait erroné puisqu’il ne prendrait pas en considération cet aspect. ... Par analogie, les représentants demandent à ce que le même moment, soit le moment du versement du dividende par la société payante, soit pris en considérations afin de déterminer si les sociétés sont rattachées aux fins de la partie IV de la Loi, et ce, malgré l’application du paragraphe 104(19). ...

The following transactions will occur on or before XXXXXXXXXX to unwind each loss consolidation arrangement between Lossco and the Profitcos: (a) Lossco will contribute capital to the Newcos, in cash, equal to the amount of the accrued and unpaid dividends on the Newco Preferred Shares; (b) Using the capital received from Lossco, the Newcos will pay, in cash, the balance of the accrued and unpaid dividends on the Newco Preferred Shares to their respective Profitcos; (c) Each respective Profitco will pay in cash to Lossco all accrued and unpaid interest in respect of the relevant Lossco Loan; (d) Lossco will repay each of the Newco Loans by assigning the Lossco Loans to the respective Newcos in full satisfaction of the principal amounts due under the respective Newco Loans; (e) Newcos will redeem the Newco Preferred Shares held by the respective Profitcos in consideration for a non-interest bearing demand promissory note issued by the respective Newcos (the “Newco Notes”). ... The Newco Preferred Shares will not at any time during the implementation of the Proposed Transactions be: (a) the subject of any undertaking that is referred to in subsection 112(2.2) as a “guarantee agreement”; (b) the subject of a dividend rental arrangement; (c) the subject of any secured undertaking of the type described in paragraph 112(2.4)(a); or (d) issued for consideration that is or includes: (i) an obligation of the type described in subparagraph 112(2.4)(b)(i), other than an obligation of a corporation that is related (otherwise than by reason of a right referred to in paragraph 251(5)(b)); or (ii) any right of the type described in subparagraph 112(2.4)(b)(ii). 35. ...