Directors’ Right to Issue in One or More Series. The Senior Preferred Shares may be issued at any time or from time to time in one or more series as determined by the Board, without the consent or resolution of the holders of Class A Shares, Class B Shares, Class C Shares or any other class of shares. Before any Senior Preferred Shares of a series are issued, the Board shall, subject to applicable Law, by resolution:
Appears in 3 contracts
Samples: Rights Agreement (Brookfield Asset Management Reinsurance Partners Ltd.), Rights Agreement (Brookfield Asset Management Inc.), Rights Agreement (Brookfield Asset Management Inc.)
Directors’ Right to Issue in One or More Series. The Class A Senior Preferred Shares may be issued at any time or from time to time in one or more series as determined by the Board, without the consent or resolution of the holders of Class A Shares, Class B Shares, Class C Shares or any other class of sharesseries. Before any Class A Senior Preferred Shares of a series are issued, the Board board of directors shall, subject to applicable Lawthe Business Corporations Act (British Columbia), by resolution:
Appears in 2 contracts
Samples: Rights Agreement (Brookfield Renewable Corp), Rights Agreement (Brookfield Renewable Corp)
