Common use of Meaning of Extraordinary Resolution Clause in Contracts

Meaning of Extraordinary Resolution. (1) The expression “extraordinary resolution” when used in this Indenture means, subject as hereinafter in this section 7.11 and in section 7.14 provided, a resolution proposed at a meeting of Warrantholders duly convened for that purpose and held in accordance with the provisions of this Article 7 at which there are present in person or by proxy at least two Warrantholders representing at least 20% of the aggregate number of all the then outstanding Warrants and passed by the affirmative votes of Warrantholders representing not less than 662⁄3% of the aggregate number of all the then outstanding Warrants represented at the meeting and voted on the poll for such resolution.

Appears in 4 contracts

Samples: Warrant Indenture (Aurora Cannabis Inc), Warrant Indenture (Aurora Cannabis Inc), Warrant Indenture (Aurora Cannabis Inc)

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Meaning of Extraordinary Resolution. (1a) The expression “extraordinary resolutionExtraordinary Resolution” when used in this Indenture means, subject as hereinafter in this section 7.11 5.11 and in section 7.14 5.14 provided, a resolution proposed at a meeting of Warrantholders duly convened for that purpose and held in accordance with the provisions of this Article 7 Five, at which there are present in person Person or by proxy Warrantholders holding at least two Warrantholders representing at least 2010% of the aggregate number of all the then outstanding Warrants Units and passed by the affirmative votes of Warrantholders representing holding not less than 662⁄366-2/3% of the aggregate number of all the then outstanding Warrants represented at the meeting and voted on the poll for upon such resolution.

Appears in 2 contracts

Samples: Warrant Indenture (Vuzix Corp), Warrant Indenture (Vuzix Corp)

Meaning of Extraordinary Resolution. (1a) Extraordinary Resolution: The expression “extraordinary resolution” when used in this Indenture means, subject as hereinafter provided in this section 7.11 Section 8.11 and in section 7.14 providedSection 8.14, a resolution proposed at a meeting of Warrantholders duly convened for that purpose and held in accordance with the provisions of this Article 7 8 at which there are present in person or represented by proxy at least two Warrantholders representing at least holding not less than 20% of the aggregate number of all the then outstanding Warrants and passed by the affirmative votes of Warrantholders representing holding not less than 662⁄3662/3% of the aggregate number of all the then outstanding Warrants represented at the meeting and voted on the poll for upon such resolution.

Appears in 1 contract

Samples: Warrant Indenture (Alderon Iron Ore Corp.)

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Meaning of Extraordinary Resolution. (1) The expression “extraordinary resolution” when used in this Indenture means, subject as hereinafter in this section 7.11 and in section 7.14 provided, a resolution proposed at a meeting of Warrantholders duly convened for that purpose and held in accordance with the provisions of this Article 7 at which there are present in person or by proxy at least two Warrantholders representing at least 20% of the aggregate number of all the then outstanding Warrants and passed by the affirmative votes of Warrantholders representing not less than 662⁄3662/3% of the aggregate number of all the then outstanding Warrants represented at the meeting and voted on the poll for such resolution.

Appears in 1 contract

Samples: Common Share Purchase Warrant Indenture (Aphria Inc.)

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