Common use of Holdings by Company Disregarded Clause in Contracts

Holdings by Company Disregarded. In determining whether Receiptholders holding the required number of Subscription Receipts are present at a meeting of Receiptholders for the purpose of determining a quorum or have concurred in any consent, waiver, resolution, Extraordinary Resolution, Receiptholders’ Request or other action under this Agreement, Subscription Receipts owned legally or beneficially by the Company or any Subsidiary of the Company shall be disregarded in accordance with the provisions of Section 10.6 hereof.

Appears in 2 contracts

Samples: Subscription Receipt Agreement (Scythian Biosciences Corp.), Subscription Receipt Agreement (Americas Silver Corp)

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Holdings by Company Disregarded. In determining whether Receiptholders holders holding the required number of Subscription Receipts are present at a meeting of Receiptholders holders for the purpose of determining a quorum or have concurred in any consent, waiver, extraordinary resolution, Extraordinary Resolution, Receiptholders’ Subscription Receiptholder’s Request or other action under this Agreement, Subscription Receipts owned legally or beneficially by the Company or any Subsidiary subsidiary or affiliate of the Company shall be disregarded in accordance with the provisions of Section 10.6 hereof11.9 and shall not be entitled to vote on any matter considered at such a meeting of holders.

Appears in 2 contracts

Samples: Receipt Agreement (Adira Energy Ltd.), Subscription Receipt Agreement

Holdings by Company Disregarded. In determining whether Subscription Receiptholders holding the required number of Subscription Receipts are present at a meeting of Subscription Receiptholders for the purpose of determining a quorum or have concurred in any consent, waiver, extraordinary resolution, Extraordinary Resolution, Subscription Receiptholders’ Request or other action under this Agreement, Subscription Receipts owned legally or beneficially by the Company or any Subsidiary subsidiary or affiliate of the Company shall be disregarded in accordance with the provisions of Section 10.6 hereofand shall not be entitled to vote on any matter considered at such a meeting of Subscription Receiptholders.

Appears in 1 contract

Samples: Subscription Receipt Agreement (Response Biomedical Corp)

Holdings by Company Disregarded. In determining whether Subscription Receiptholders holding the required number of Subscription Receipts are present at a meeting of Subscription Receiptholders for the purpose of determining a quorum or have concurred in any consent, waiver, extraordinary resolution, Extraordinary Resolution, Subscription Receiptholders' Request or other action under this Agreement, Subscription Receipts owned legally or beneficially by the Company Corporation or any Subsidiary subsidiary or affiliate of the Company Corporation shall be disregarded in accordance with the provisions of Section 10.6 hereof10.8 and shall not be entitled to vote on any matter considered at such a meeting of Subscription Receiptholders.

Appears in 1 contract

Samples: Subscription Receipt Agreement

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Holdings by Company Disregarded. In determining whether Subscription Receiptholders holding the required number of Subscription Receipts are present at a meeting of Subscription Receiptholders for the purpose of determining a quorum or have concurred in any consent, waiver, extraordinary resolution, Extraordinary Resolution, Subscription Receiptholders’ Request or other action under this Agreement, Subscription Receipts owned legally or beneficially by the Company or any Subsidiary subsidiary or affiliate of the Company shall be disregarded in accordance with the provisions of Section 10.6 hereof11.8 and shall not be entitled to vote on any matter considered at such a meeting of Subscription Receiptholders.

Appears in 1 contract

Samples: Subscription Receipt Agreement

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