Common use of Binding Effect of Resolutions Clause in Contracts

Binding Effect of Resolutions. Every resolution and every Extraordinary Resolution passed in accordance with the provisions of this Section at a meeting of Warrantholders will be binding on all Warrantholders, whether present at or absent from the meeting and whether voting for or against the resolution or abstaining, and every instrument in writing signed by Warrantholders in accordance with subsection 8.15 will be binding on all Warrantholders, whether signatories thereto or not, and every Warrantholder and the Warrant Agent (subject to the provisions for its indemnity herein contained) will be bound to give effect accordingly to every such resolution and instrument in writing.

Appears in 1 contract

Samples: Warrant Indenture (Crystallex International Corp)

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Binding Effect of Resolutions. Every resolution and every Extraordinary Resolution passed in accordance with the provisions of this Section Article 8 at a meeting of Special Warrantholders will be binding on all Special Warrantholders, whether present at or absent from the meeting and whether voting for or against the resolution or abstaining, and every instrument in writing signed by Special Warrantholders in accordance with subsection Section 8.15 will be binding on all Special Warrantholders, whether signatories thereto or not, and every Special Warrantholder and the Warrant Agent Trustee (subject to the provisions for its indemnity herein contained) will be bound to give effect accordingly to every such resolution and instrument in writing.

Appears in 1 contract

Samples: Special Warrant Indenture and Escrow Agreement (SMTC Corp)

Binding Effect of Resolutions. Every resolution and every Extraordinary Resolution passed in accordance with the provisions of this Section Article 7 at a meeting of Special Warrantholders will be binding on all Special Warrantholders, whether present at or absent from the meeting and whether voting for or against the resolution or abstaining, and every instrument in writing signed by Special Warrantholders in accordance with subsection 8.15 section 7.15 hereof will be binding on all Special Warrantholders, whether signatories thereto or not, and every Special Warrantholder and the Warrant Agent Trustee (subject to the provisions for its indemnity herein contained) will be bound to give effect accordingly to every such resolution and instrument in writing.

Appears in 1 contract

Samples: Nord Resources (Nord Resources Corp)

Binding Effect of Resolutions. β€Œ Every resolution and every Extraordinary Resolution passed in accordance with the provisions of this Section Article 7 at a meeting of Special Warrantholders will be binding on all Special Warrantholders, whether present at or absent from the meeting and whether voting for or against the resolution or abstaining, and every instrument in writing signed by Special Warrantholders in accordance with subsection 8.15 Section 7.15 hereof will be binding on all Special Warrantholders, whether signatories thereto or not, and every Special Warrantholder and the Warrant Agent Trustee (subject to the provisions for its indemnity herein contained) will be bound to give effect accordingly to every such resolution and instrument in writing.

Appears in 1 contract

Samples: Special Warrant Indenture

Binding Effect of Resolutions. Every resolution and every Extraordinary Resolution passed in accordance with the provisions of this Section article nine at a meeting of Warrantholders will shall be binding on upon all of the Warrantholders, whether present at or absent from the meeting and whether voting for or against the resolution or abstainingat such meeting, and every instrument in writing signed by Warrantholders in accordance with subsection 8.15 will the provisions of section 0 hereof shall be binding on upon all of the Warrantholders, whether signatories thereto or not, and each and every Warrantholder and the Warrant Agent (subject to the provisions for its indemnity herein contained) will shall be bound to give effect accordingly to every such resolution resolution, Extraordinary Resolution and instrument in writing.

Appears in 1 contract

Samples: Share Exchange Agreement (Breakwater Resources LTD)

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Binding Effect of Resolutions. Every resolution and every Extraordinary Resolution passed in accordance with the provisions of this Section Article 7 at a meeting of Special Warrantholders will be binding on all Special Warrantholders, whether present at or absent from the meeting and whether voting for or against the resolution or abstaining, and every instrument in writing signed by Special Warrantholders in accordance with subsection 8.15 Section 7.15 will be binding on all Special Warrantholders, whether signatories thereto or not, and every Special Warrantholder and the Warrant Agent Trustee (subject to the provisions for its indemnity herein contained) will be bound to give effect accordingly to every such resolution and instrument in writing.

Appears in 1 contract

Samples: Altarex Corp

Binding Effect of Resolutions. Every resolution and every Extraordinary Resolution passed in accordance with the provisions of this Section Article at a meeting of Warrantholders will shall be binding on all Warrantholders, whether present at or absent from the meeting and whether voting for or against the resolution or abstaining, and every instrument in writing signed by Warrantholders in accordance with subsection 8.15 will Section y7.15 hereof shall be binding on all Warrantholders, whether signatories thereto or not, and every Warrantholder and the Warrant Agent (subject to the provisions for its indemnity herein contained) will shall be bound to give effect accordingly to every such resolution and instrument in writing.

Appears in 1 contract

Samples: Warrant Indenture (Adsero Corp)

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