Common use of Holdings by the Company Disregarded Clause in Contracts

Holdings by the Company Disregarded. In determining whether Holders holding Debentures evidencing the required number of Debentures are present at a meeting of Holders for the purpose of determining a quorum or for the purpose of determining whether Holders have concurred in any consent, waiver, resolution or other action under this Indenture, the Debentures owned legally or beneficially by the Company shall be disregarded.

Appears in 3 contracts

Samples: Security Agreement (Security Devices International Inc.), Restructuring Agreement, Golden Star Resources LTD

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Holdings by the Company Disregarded. In determining whether Holders holding Debentures evidencing the required number of Debentures are present at a meeting of Holders for the purpose of determining a quorum or for the purpose of determining whether Holders have concurred in any consent, waiver, resolution or other action under this Indenture, the Debentures known by a Responsible Officer of the Trustee to be owned legally or beneficially by the Company shall be disregarded.

Appears in 2 contracts

Samples: Indenture (Golden Star Resources LTD), Indenture (Golden Star Resources LTD)

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Holdings by the Company Disregarded. 14.9.1 In determining whether Holders holding Debentures evidencing the required number of Debentures are present at a meeting of Holders for the purpose of determining a quorum or for the purpose of determining whether Holders have concurred in any consent, waiver, resolution or other action under this Indenture, the Debentures owned legally or beneficially by the Company shall be disregarded.

Appears in 1 contract

Samples: Alamos Gold Inc

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