Common use of Ownership of Outstanding Shares Clause in Contracts

Ownership of Outstanding Shares. Without the prior approval of ExchangeCo and the prior approval of the holders of the Exchangeable Shares given in accordance with Section 10.2 of the Share Provisions, Parent covenants and agrees in favour of ExchangeCo that, as long as any outstanding Exchangeable Shares are owned by any person or entity other than Parent or any of its Affiliates, Parent will be and remain the direct or indirect beneficial owner of all issued and outstanding voting shares in the capital of ExchangeCo.

Ownership of Outstanding Shares. Without the prior approval of ExchangeCo Exchangeco and the prior approval of the holders of the Exchangeable Shares given in accordance with Section 10.2 11 of the Share Provisions, Parent covenants and agrees in favour of ExchangeCo Exchangeco and the Agent on behalf of holders of the Exchangeable Shares that, as long as any outstanding of the Exchangeable Shares outstanding are owned by any person or entity other than Parent or any of its Affiliates, Parent will be and shall remain the direct or indirect beneficial owner of all issued and outstanding voting shares in the capital of ExchangeCoExchangeco and NovaScotiaco.

Ownership of Outstanding Shares. Without the prior approval of ExchangeCo and the prior approval of the holders of the Exchangeable Shares given in accordance with Section 10.2 of the Share Provisions, The Parent covenants and agrees in favour of ExchangeCo Exchangeco that, as long as any outstanding Exchangeable Shares are owned by any person or entity other than the Parent or any of its Affiliates, the Parent will be and remain the direct or indirect beneficial owner of all issued and outstanding voting shares in the capital of ExchangeCoExchangeco.

Ownership of Outstanding Shares. Without the prior approval of ExchangeCo and the prior approval of the holders of the Exchangeable Shares given in accordance with Section 10.2 of the Exchangeable Share Provisions, Parent covenants and agrees in favour of ExchangeCo that, as long as any outstanding Exchangeable Shares are owned by any person or entity other than Parent or any of its Affiliates, Parent will be and remain the direct or indirect beneficial owner of all issued and outstanding voting shares in the capital of ExchangeCo.

Ownership of Outstanding Shares. Without the prior approval of the ExchangeCo and the prior approval of the holders of the Exchangeable Shares given in accordance with Section 10.2 9(b) of the Share Provisions, the Parent covenants and agrees in favour of the ExchangeCo that, as long as any outstanding Exchangeable Shares are owned by any person or entity other than the Parent or any of its Affiliates, the Parent will be and remain the direct or indirect beneficial owner of all issued and outstanding voting shares in the capital of the ExchangeCo.