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 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 Section 7.15 will be binding on all Special Warrantholders, whether signatories thereto or not, and every Special Warrantholder and the 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

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Binding Effect of Resolutions. Every resolution and every Extraordinary Resolution passed in accordance with the provisions of this Article 7 article nine at a meeting of Special Warrantholders will shall be binding on upon all Special 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 Special Warrantholders in accordance with Section 7.15 will the provisions of section 0 hereof shall be binding on upon all Special of the Warrantholders, whether signatories thereto or not, and each and every Special Warrantholder and the Trustee 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)

Binding Effect of Resolutions. β€Œ Every resolution and every Extraordinary Resolution passed in accordance with the provisions of this 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 Section 7.15 hereof will be binding on all Special Warrantholders, whether signatories thereto or not, and every Special Warrantholder and the 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 Article 7 Section 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 Section 7.15 subsection 8.15 will be binding on all Special Warrantholders, whether signatories thereto or not, and every Special Warrantholder and the Trustee 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 Article 7 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 Section 7.15 8.15 will be binding on all Special Warrantholders, whether signatories thereto or not, and every Special Warrantholder and the 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 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 Section section 7.15 hereof will be binding on all Special Warrantholders, whether signatories thereto or not, and every Special Warrantholder and the 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)

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