Filing of the Articles of Arrangement. The Articles of Arrangement and the Certificate of Arrangement shall be filed with the Director and issued, respectively, with the purpose and intent that none of the provisions of this Plan of Arrangement shall become effective unless all of the provisions of this Plan of Arrangement become effective in the sequence provided herein with respect to the Arrangement in its entirety. The Certificate of Arrangement shall be conclusive evidence that the Arrangement has become effective and that each of the provisions of Article 3 has become effective in the sequence set forth herein.
Appears in 3 contracts
Sources: Arrangement Agreement (Sundial Growers Inc.), Arrangement Agreement (SNDL Inc.), Arrangement Agreement (Valens Company, Inc.)
Filing of the Articles of Arrangement. The Articles of Arrangement and the Certificate of Arrangement shall be filed with the Director and issued, respectively, Registrar with the purpose and intent that none of the provisions of this Plan of Arrangement shall become effective unless all of the provisions of this Plan of Arrangement shall have become effective in the sequence provided herein with respect to the Arrangement in its entiretyherein. The Certificate of Arrangement shall be conclusive evidence that the Arrangement Business Combination has become effective and that each of the provisions of Article 3 has steps, events or transactions set out in Section 3.1 have become effective in the sequence and at the times set forth hereinout therein.
Appears in 1 contract