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share purchase agreement - The Law Society of Saskatchewan

share purchase agreement - The Law Society of Saskatchewan

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4(m) "generally accepted accounting principles" means theaccounting principles so described and promulgated by theCanadian Institute <strong>of</strong> Chartered Accountants which areapplicable as at the date on which any calculation madehereunder is to be effective or as at the date <strong>of</strong> anyfinancial statements referred to herein, as the case maybe;(n) "Interim Financial Statements" means the unauditedconsolidated financial statements <strong>of</strong> the Corporation asat and for the [number] month period ended [date]consisting <strong>of</strong> a balance sheet, an income statement and astatement <strong>of</strong> changes in financial position together withthe notes thereto, a copy <strong>of</strong> which is attached hereto asSchedule "B";(0) "Interim Period" means the period from and including thedate <strong>of</strong> this Agreement to and including the Closing Date;(p) "Leased Premises" means all premises leased by theCorporation under the Leases;( q ) "Leases" means the leases and the <strong>agreement</strong>s to leaseunder which the Corporation leases any real property, aslisted in Schedule "C" attached hereto;(r)(s)"Licences" means all <strong>of</strong> the licences, registrations andqualifications to do business held by the Corporation;"person" means and includes any individual, corporation,partnership, firm, joint venture, syndicate, association,trust, government, governmental agency or board orcommission or authority, and any other form <strong>of</strong> entity ororganization;(t) "Purchase Price ll means the sum <strong>of</strong> $., which is the amountpayable by the Purchaser to the Vendor for all <strong>of</strong> thePurchased Shares, as provided herein;(u) "Purchased Shares" means the [number] issued andoutstanding [class] <strong>share</strong>s in the capital <strong>of</strong> theCorporation being sold by the Vendor and <strong>purchase</strong>d by thePurchaser hereunder;(v)"Real Properties" means the real properties owned by theCorporation, which are described in Schedule "0" attachedhereto; and(w) "Warranty Claim" means a claim made by either thePurchaser or the Vendor based on or with respect to theinaccuracy or non-performance or non-fulfilment or breach<strong>of</strong> any representation or warranty made by the other party

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