Common use of Show of Hands Clause in Contracts

Show of Hands. Subject to the provisions of the Act, any question at a meeting of shareholders shall be decided by a show of hands unless a ballot thereon is required or demanded as hereinafter provided. Upon a show of hands every person who is present and entitled to vote shall have one vote. Whenever a vote by show of hands shall have been taken upon a question, unless a ballot thereon is so required or demanded, a declaration by the chair of the meeting that the vote upon the question has been carried or carried by a particular majority or not carried and an entry to that effect in the minutes of the meeting shall be prima facie evidence of the fact without proof of the number or proportion of the votes recorded in favour of or against any resolution or other proceeding in respect of the said question, and the result of the vote so taken shall be the decision of the shareholders upon the said question.

Appears in 3 contracts

Samples: Amalgamation Agreement, Amalgamation Agreement (Jenex CORP), Amalgamation Agreement (Jenex CORP)

AutoNDA by SimpleDocs

Show of Hands. Subject to the provisions of the Act, any question at a meeting of shareholders shall be decided by a show of hands unless a ballot thereon is required or demanded as hereinafter provided. Upon a show of hands hands, every person who is present and entitled to vote shall have one vote. Whenever a vote by show of hands shall have been taken upon a question, unless a ballot thereon is so required or demanded, a declaration by the chair chairman of the meeting that the vote upon the question has been carried or carried by a particular majority or not carried and an entry to that the effect in the minutes of the meeting shall be prima facie evidence of the fact without proof of the number or proportion of the votes recorded in favour of or against any resolution or other proceeding in respect of the said question, question and the result of the vote so taken shall be the decision of the shareholders upon the said question.

Appears in 2 contracts

Samples: Investment Agreement (DiaMedica Therapeutics Inc.), Investment Agreement (DiaMedica Therapeutics Inc.)

Show of Hands. Subject to the provisions of the Act, any question at a meeting of shareholders shall be decided by a show of hands unless a ballot thereon is required or demanded as hereinafter provided. Upon a show of hands every person who is present and entitled to vote shall have one vote. Whenever a vote by show of hands shall have been taken upon a question, unless a ballot thereon is so required or demanded, a declaration by the chair chairman of the meeting that the vote upon the question has been carried or carried by a particular majority or not carried and an entry to that effect in the minutes of the meeting shall be prima facie evidence of the fact without proof of the number or proportion of the votes recorded in favour of or against any resolution or other proceeding in respect of the said question, and the result of the vote so taken shall be the decision of the shareholders upon the said question.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Vasogen Inc), Loan Agreement (Adb Systems International LTD)

Show of Hands. Subject to the provisions of the Business Corporations Act, any question at a meeting of shareholders shall be decided by a show of hands (or the functional equivalent) unless a ballot thereon poll is required or demanded as hereinafter provided. Upon a show of hands every person who is present and entitled to vote shall have one voteprovided in these Articles. Whenever a vote by show of hands shall have (or the functional equivalent) has been taken upon a question, unless a ballot thereon poll is so required or demanded, a declaration by the chair chairperson of the meeting that the vote upon the question has been carried or carried by a particular majority or not carried and an entry to that effect in the minutes of the meeting shall be be, in the absence of evidence to the contrary, prima facie evidence of the fact without proof of the number or proportion of the votes recorded in favour of or against any resolution or other proceeding in respect of the said questionsuch resolution, and the result of the vote so taken shall be the decision of the shareholders upon the said questionsuch resolution.

Appears in 2 contracts

Samples: Arrangement Agreement (Bausch & Lomb Corp), Arrangement Agreement (Bausch Health Companies Inc.)

AutoNDA by SimpleDocs

Show of Hands. Subject to the provisions of the Act, any question at a meeting of shareholders members shall be decided by a show of hands unless a ballot thereon is required or demanded as hereinafter provided. Upon a show of hands hands, every person member who is present and entitled to vote shall have one vote. Whenever a vote by show of hands shall have been taken upon a question, unless a ballot thereon is so required or demanded, a declaration by the chair of the meeting that the vote upon the question has been carried or carried by a particular majority or not carried carried, and an entry to that effect in the minutes of the meeting meeting, shall be prima facie evidence of the fact without proof of the number or proportion of the votes recorded in favour of or against any resolution or other proceeding in respect of the said question, and the result of the vote votes so taken shall be the decision of the shareholders members upon the said question.

Appears in 1 contract

Samples: Asset Transfer and Assumption Agreement

Show of Hands. Subject to the provisions of the Act, any question at a meeting of shareholders shall be decided by a show of hands unless a ballot thereon is required or demanded as hereinafter provided. Upon On a show of hands every person who is present and entitled to vote shall have one vote. Whenever a vote by show of hands shall have been taken upon on a question, unless a ballot thereon is so required or demanded, a declaration by the chair of the meeting that the vote upon on the question has been carried or carried by a particular majority or not carried and an entry to that effect in the minutes of the meeting shall be prima facie evidence of the fact without proof of the number or proportion of the votes recorded in favour of or against any resolution or other proceeding in respect of the said question, and the result of the vote so taken shall be the decision of the shareholders upon on the said question.

Appears in 1 contract

Samples: Amalgamation Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!