Powers Exercisable by Ordinary Resolution Clause Samples
Powers Exercisable by Ordinary Resolution. In addition to all other powers conferred on them by the other provisions of this Agreement or by law, the Subscription Receiptholders who hold in the aggregate more than 50% of the total number of Subscription Receipts at the time outstanding will have the power at a meeting, exercisable from time to time, to approve a maximum 30-day extension of the Escrow Release Deadline.
Powers Exercisable by Ordinary Resolution. Any other matters to be determined by the Partnership other than as otherwise expressly provided for in this Agreement shall be determined by Ordinary Resolution. -------------------------------------------------------------------------------- YORK REGION E-PROPERTY LIMITED PARTNERSHIP 20
Powers Exercisable by Ordinary Resolution. Any other matters to be determined by the Limited Partners other than as is otherwise expressly provided for in this Agreement shall be determined by Ordinary Resolution.
Powers Exercisable by Ordinary Resolution. In addition to the powers conferred upon them by any other provisions of this Indenture or by law, a meeting of the Debentureholders shall have the following powers exercisable from time to time by Ordinary Resolution, subject in the case of the matters in paragraphs (a), (b), (c), (d), (f), (g), (h) and (1) to receipt of any required prior approval of the TSX and limitations imposed by the TIA:
(a) power to authorize the Trustee to grant extensions of time for payment of any principal, premium or interest on the Debentures, whether or not the principal, premium or interest, the payment of which is extended, is at the time due or overdue;
(b) power to sanction any modification, abrogation, alteration, compromise or arrangement of the rights of the Debentureholders or the Trustee against the Corporation, or against its property, whether such rights arise under this Indenture or the Debentures or otherwise;
(c) power to assent to any modification of or change in or addition to or omission from the provisions contained in this Indenture or any Debenture which shall be agreed to by the Corporation and to authorize the Trustee to concur in and execute any indenture supplemental hereto embodying any modification, change, addition or omission;
(d) power to sanction any scheme for the reconstruction, reorganization or recapitalization of the Corporation or for the consolidation, amalgamation or merger of the Corporation with any other Person or for the sale, leasing, transfer or other disposition of all or substantially all of the undertaking, property and assets of the Corporation or any part thereof, provided that no such sanction shall be necessary in respect of any such transaction if the provisions of Section 11.1 shall have been complied with;
(e) power to direct or authorize the Trustee to exercise any power, right, remedy or authority given to it by this Indenture in any manner specified in any such Ordinary Resolution or to refrain from exercising any such power, right, remedy or authority;
(f) power to waive and direct the Trustee to waive any default hereunder and/or cancel any declaration made by the Trustee pursuant to Section 8.1 either unconditionally or upon any condition specified in such Ordinary Resolution;
(g) power to restrain any Debentureholder from taking or instituting any suit, action or proceeding for the purpose of enforcing payment of the principal, premium or interest on the Debentures, or for the execution of any trust or power hereu...
Powers Exercisable by Ordinary Resolution. Except as specified herein to the contrary, all decisions of the Partnership may be made by Ordinary Resolution.