Call by Other Managers Clause Samples

Call by Other Managers. If the Company does not exercise its Call Option in accordance with ▇▇▇▇▇▇▇ ▇.▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ as fiduciary for each of the Managers other than the Called Manager shall have the right to purchase on behalf of any Manager other than the Called Manager (the “Management Call Option”), by delivery of a written notice (the “Management Call Notice”) to the Company and the Called Manager no later than 30 days after the expiration of the Company’s Call Option, and Société Générale as fiduciary for the Called Manager shall be obliged in that event to sell on behalf of the Called Manager, the Call Securities on the same terms and conditions as would apply to the Company if the Company had exercised the Call Option. If Société Générale exercises the Management Call Option as fiduciary for more than one Manager, Société Générale as fiduciary for each such Manager shall have the right to purchase a pro rata portion of the Call Securities, calculated based on the number of shares of Ordinary Shares held by Société Générale as fiduciary for each such Manager as of the date of the Call Event as compared to the aggregate number of shares of Ordinary Shares held by Société Générale as fiduciary for all such Managers on such date.
View SourceView Similar (2)

Related to Call by Other Managers

  • Contract Negotiation Meetings When operational requirements permit, the Employer will grant leave without pay to an employee for the purpose of attending contract negotiation meetings on behalf of the Alliance. Preparatory Contract Negotiation Meetings

  • Right to Convene Meetings The Warrant Agent may at any time and from time to time, and shall on receipt of a written request of the Corporation or of a Warrantholders’ Request and upon being indemnified and funded to its reasonable satisfaction by the Corporation or by the Warrantholders signing such Warrantholders’ Request against the costs which may be incurred in connection with the calling and holding of such meeting, convene a meeting of the Warrantholders. If the Warrant Agent fails to so call a meeting within seven days after receipt of such written request of the Corporation or such Warrantholders’ Request and the indemnity and funding given as aforesaid, the Corporation or such Warrantholders, as the case may be, may convene such meeting. Every such meeting shall be held in the City of Toronto or at such other place as may be mutually approved or determined by the Warrant Agent and the Corporation.

  • Representation in meetings Any Party which is a member of a Consortium Body (hereinafter referred to as "Member"): should be represented at any meeting of such Consortium Body; may appoint a substitute or a proxy to attend and vote at any meeting; and shall participate in a cooperative manner in the meetings.

  • Action by Members Without a Meeting Action required or permitted to be taken at a meeting of Members may be taken without a meeting if the action is evidenced by one or more written consents describing the action taken, signed by all Members and delivered to the Secretary or any Assistant Secretary of the Company for inclusion in the minutes or for filing with the Company records. Action taken under this Section is effective when all Members have signed the consent, unless the consent specifies a different effective date.

  • Who May Attend and Vote at Meetings To be entitled to vote at any meeting of Securityholders a Person shall (a) be a Holder of one or more Securities with respect to which the meeting is being held; or (b) be a Person appointed by an instrument in writing as proxy by such Holder of one or more Securities. The only Persons who shall be entitled to be present or to speak at any meeting of Securityholders shall be the Persons entitled to vote at such meeting and their counsel and any representatives of the Trustee and its counsel and any representatives of the Company and its counsel.