Common use of Fiduciary Duties of the Directors Clause in Contracts

Fiduciary Duties of the Directors. Nothing contained herein shall be construed to suggest or imply that the Board of Directors shall not be entitled to recommend that holders of the Voting Shares and/or Convertible Securities reject or accept any Take-over Bid or take any other action including the commencement, prosecution, defence or settlement of any litigation and the solicitation of additional or alternative Take-over Bids or other proposals to shareholders that the directors believe are necessary or appropriate in the exercise of their fiduciary duties.

Appears in 38 contracts

Samples: Rights Agreement, Shareholder Rights Plan Agreement (Alamos Gold Inc), Shareholder Rights Plan Agreement (Mag Silver Corp)

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Fiduciary Duties of the Directors. Nothing contained herein shall be construed to suggest or imply that the Board of Directors shall not be entitled to recommend that holders of the Voting Shares and/or Convertible Securities reject or accept any Take-over Bid or take any other action including the commencement, prosecution, defence or settlement of any litigation and the solicitation of additional or alternative Take-over Bids or other proposals to shareholders that the directors believe are necessary or appropriate in the exercise of their fiduciary duties.

Appears in 6 contracts

Samples: Shareholder Rights Plan Agreement, Shareholder Rights Plan Agreement, Shareholder Rights Plan Agreement

Fiduciary Duties of the Directors. Nothing contained herein shall be construed to suggest or imply that the Board of Directors shall not be entitled to recommend that holders of the Voting Shares and/or Convertible Securities reject or accept any Take-over Bid or take any other action including the commencement, prosecution, defence or settlement of any litigation and the solicitation of additional or alternative Take-over Bids or other proposals to shareholders that the directors believe are necessary or appropriate in the exercise of their fiduciary duties.

Appears in 4 contracts

Samples: Rights Agreement (Trillium Therapeutics Inc.), Rights Agreement, Rights Agreement

Fiduciary Duties of the Directors. Nothing contained herein shall be construed to suggest or imply that the Board of Directors shall not be entitled to recommend that holders of the Voting Shares and/or Convertible Securities shares reject or accept any Take-over Bid or take any other action including the commencement, prosecution, defence or settlement of any litigation and the solicitation of additional or alternative Take-over Bids or other proposals to shareholders that the directors believe are necessary or appropriate in the exercise of their fiduciary duties.

Appears in 3 contracts

Samples: Protection Rights Plan Agreement, Protection Rights Plan Agreement, Shareholder Protection Rights Plan Agreement (Cae Inc)

Fiduciary Duties of the Directors. Nothing contained herein shall be construed to suggest or imply that the Board of Directors shall not be entitled to recommend that holders of the Voting Shares and/or Convertible Securities reject or accept any Take-over Bid or take any other action including the commencement, prosecution, defence defense, or settlement of any litigation and the solicitation of additional or alternative Take-over Bids or other proposals to shareholders that the directors believe are necessary or appropriate in the exercise of their fiduciary duties.

Appears in 2 contracts

Samples: Shareholder Rights Plan Agreement (DiaMedica Therapeutics Inc.), Shareholder Rights Plan Agreement (DiaMedica Therapeutics Inc.)

Fiduciary Duties of the Directors. β€Œ Nothing contained herein shall be construed to suggest or imply that the Board of Directors shall not be entitled to recommend that holders of the Voting Shares and/or Convertible Securities shares reject or accept any Take-over Bid or take any other action including the commencement, prosecution, defence or settlement of any litigation and the solicitation of additional or alternative Take-over Bids or other proposals to shareholders that the directors believe are necessary or appropriate in the exercise of their fiduciary duties.

Appears in 2 contracts

Samples: Protection Rights Plan Agreement, Protection Rights Plan Agreement

Fiduciary Duties of the Directors. Nothing contained herein shall be construed to suggest or imply that the Board of Directors shall not be entitled to recommend that holders of the Voting Common Shares and/or Convertible Securities reject or accept any Take-over Bid or take any other action including the commencement, prosecution, defence defense or settlement of any litigation and the solicitation of additional or alternative Take-over Bids or other proposals to shareholders that the directors believe are Board believes is necessary or appropriate in the exercise of their its fiduciary duties.

Appears in 2 contracts

Samples: Shareholder Rights Plan Agreement (Skeena Resources LTD), Shareholder Rights Plan Agreement (Skeena Resources LTD)

Fiduciary Duties of the Directors. Nothing contained herein shall be construed to suggest or imply that the Board of Directors shall not be entitled to recommend that holders of the Voting Shares and/or Convertible Securities reject or accept any Take-over Bid or take any other action including the commencement, prosecution, defence or settlement of any litigation and the solicitation of additional or alternative Take-over Bids or other proposals to shareholders that the directors believe are Board of Directors believes is necessary or appropriate in the exercise of their its fiduciary duties.

Appears in 2 contracts

Samples: Shareholder Rights Plan Agreement (Atna Resources LTD), Shareholder Rights Plan Agreement (Atna Resources LTD)

Fiduciary Duties of the Directors. Nothing contained herein shall be construed to suggest or imply that the Board of Directors shall not be entitled to recommend that holders of the Voting Shares and/or Convertible Securities securities convertible into or exercisable for Voting Shares reject or accept any Take-over Bid or take any other action including including, without limitation, the commencement, prosecution, defence or settlement of any litigation and the solicitation of additional or alternative Take-over Bids or other proposals to shareholders that the directors believe Board of Directors believes are necessary or appropriate in the exercise of their fiduciary duties.

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement

Fiduciary Duties of the Directors. Nothing contained herein shall be construed to suggest or imply that the Board of Directors shall not be entitled to recommend that holders of the Subordinate Voting Shares and/or Convertible Securities reject or accept any Take-over Bid or take any other action including the commencement, prosecution, defence or settlement of any litigation and the solicitation of additional or alternative Take-over Bids or other proposals to shareholders Shareholders that the directors Board of Directors believe are necessary or appropriate in the exercise of their fiduciary duties.

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement

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Fiduciary Duties of the Directors. Nothing contained herein shall be construed to suggest or imply that the Board of Directors shall not be entitled to recommend that holders of the Voting Shares and/or Convertible Securities reject or accept any Take-Take- over Bid or take any other action including the commencement, prosecution, defence or settlement of any litigation and the solicitation of additional or alternative Take-over Bids or other proposals to shareholders that the directors believe are necessary or appropriate in the exercise of their fiduciary duties.

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement

Fiduciary Duties of the Directors. Nothing contained herein shall be construed to suggest or imply that the Board of Directors shall not be entitled to recommend that holders of the Voting Common Shares and/or Convertible Securities reject or accept any Take-over Bid or take any other action including the commencement, prosecution, defence or settlement of any litigation and the solicitation of additional or alternative Take-over Bids or other proposals to shareholders Shareholders that the directors Board of Directors believe are necessary or appropriate in the exercise of their fiduciary duties.

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement (Cybin Inc.)

Fiduciary Duties of the Directors. β€Œ Nothing contained herein shall be construed to suggest or imply that the Board of Directors shall not be entitled to recommend that holders of the Voting Shares and/or Convertible Securities reject or accept any Take-over Bid or take any other action including the commencement, prosecution, defence or settlement of any litigation and the solicitation of additional or alternative Take-over Bids or other proposals to shareholders that the directors believe are necessary or appropriate in the exercise of their fiduciary duties.

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement

Fiduciary Duties of the Directors. Nothing contained herein shall be construed to suggest or imply that the Board of Directors Trustees shall not be entitled to recommend that holders of the Voting Shares Units and/or Convertible Securities reject or accept any Take-Take- over Bid or take any other action including the commencement, prosecution, defence or settlement of any litigation and the solicitation of additional or alternative Take-over Bids or other proposals to shareholders that the directors believe are necessary or appropriate in the exercise of their fiduciary duties.

Appears in 1 contract

Samples: Unitholder Rights Agreement

Fiduciary Duties of the Directors. Nothing contained herein shall be construed to suggest or imply that the Board of Directors shall not be entitled to recommend that holders of the Voting Shares and/or Convertible Securities Shareholders reject or accept any Take-over Bid or take any other action including the commencement, prosecution, defence or settlement of any litigation and the solicitation of additional or alternative Take-over Bids or other proposals to shareholders the Shareholders that the directors Directors believe are necessary or appropriate in the exercise of their fiduciary duties.

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement

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