Common use of Special Voting Rights Clause in Contracts

Special Voting Rights. The Act assumes that every company has a large number of shareholders. It provides that a motion is carried when the appropriate proportion (usually 51% or 75%, of those members “present and voting” vote in favour. However, if there are only four shareholders and one is on holiday, it would be all too easy to call ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ , ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ . To avoid that issue, we have provided that any motion relating to anything mentioned in this agreement shall be decided only by a real majority. That is to say, the guys who ■ ■ ■ ■ ■ ■ ■ ■ “ ■ ■ ■ ■ ” ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ . Remember however, that good modern constitution allows for meetings to take place via telecoms software even if the participants are scattered over the whole world. A shareholder will also be “present” ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ .

Appears in 2 contracts

Samples: Shareholder Agreement, Shareholder Agreement

AutoNDA by SimpleDocs

Special Voting Rights. The Act assumes that every company corporation has a large number of shareholders. It provides that a motion is carried when the appropriate proportion (usually 51% or 75%, of those members "present and voting" vote in favour. However, if there are only four shareholders and one is on holiday, it would be all too easy to call ■ ■ ■ ■ ■ ■ ■ ■ a meeting ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ , ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ . To avoid that issue, we have provided that any motion relating to anything mentioned in this agreement shall be decided only by a real majority. That is to say, the guys who ■ ■ ■ ■ ■ ■ ■ ■ " ■ ■ ■ ■ " ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ . Remember however, that good modern constitution allows articles allow for meetings to take place via telecoms software even if the participants are scattered over the whole world. A shareholder will also be "present" ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ .

Appears in 1 contract

Samples: Shareholder Agreement

Special Voting Rights. The Act assumes that every company has a large number of shareholders. It provides that a motion is carried when the appropriate proportion (usually 51% or 75%, of those members "present and voting" vote in favour. However, if there are only four shareholders and one is on holiday, it would be all too easy to call ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ , ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ . To avoid that issue, we have provided that any motion relating to anything mentioned in this agreement shall be decided only by a real majority. That is to say, the guys who ■ ■ ■ ■ ■ ■ ■ ■ " ■ ■ ■ ■ " ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ . Remember however, that good modern constitution allows allow for meetings to take place via telecoms software even if the participants are scattered over the whole worldWorld. A shareholder will also be "present" ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ .

Appears in 1 contract

Samples: Shareholder Agreement

Special Voting Rights. The Act assumes that every company has a large number of shareholders. It provides that a motion is carried when the appropriate proportion (usually 51% or 75%, of those members “present and voting” vote in favour. However, if there are only four shareholders and one is on holiday, it would be all too easy to call ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ , ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ . To avoid that issue, we have provided that any motion relating to anything mentioned in this agreement shall be decided only by a real majority. That is to say, the guys who ■ ■ ■ ■ ■ ■ ■ ■ “ ■ ■ ■ ■ ” ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ . Remember however, that good modern constitution MOI allows for meetings to take place via telecoms software even if the participants are scattered over the whole world. A shareholder will also be “present” ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ .

Appears in 1 contract

Samples: Shareholders' Agreement

Special Voting Rights. The Act assumes that every company has a large number of shareholders. It provides that a motion is carried when the appropriate proportion (usually 51% or 75%, of those members "present and voting" vote in favour. However, if there are only four shareholders and one is on holiday, it would be all too easy to call ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ , ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ . To avoid that issue, we have provided that any motion relating to anything mentioned in this agreement shall be decided only by a real majority. That is to say, the guys who ■ ■ ■ ■ ■ ■ ■ ■ " ■ ■ ■ ■ " ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ . Remember however, that good modern constitution MOI allows for meetings to take place via telecoms software even if the participants are scattered over the whole worldWorld. A shareholder will also be "present" ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ .

Appears in 1 contract

Samples: Shareholder Agreement

AutoNDA by SimpleDocs

Special Voting Rights. The Act assumes that every company has a large number of shareholders. It provides that a motion is carried when the appropriate proportion (usually 51% or 75%, of those members "present and voting" vote in favour. However, if there are only four shareholders and one is on holiday, it would be all too easy to call ■ ■ ■ ■ ■ ■ ■ ■ a meeting ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ , ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ . To avoid that issue, we have provided that any motion relating to anything mentioned in this agreement shall be decided only by a real majority. That is to say, the guys who ■ ■ ■ ■ ■ ■ ■ ■ " ■ ■ ■ ■ " ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ . Remember however, that good modern constitution allows for meetings to take place via telecoms software even if the participants are scattered over the whole world. A shareholder will also be "present" ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ .

Appears in 1 contract

Samples: Shareholders' Agreement

Special Voting Rights. The Act assumes that every company corporation has a large number of shareholders. It provides that a motion is carried when the appropriate proportion (usually 51% or 75%, of those members “present and voting” vote in favour. However, if there are only four shareholders and one is on holiday, it would be all too easy to call ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ , ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ . To avoid that issue, we have provided that any motion relating to anything mentioned in this agreement shall be decided only by a real majority. That is to say, the guys who ■ ■ ■ ■ ■ ■ ■ ■ “ ■ ■ ■ ■ ” ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ . Remember however, that good modern constitution allows articles allow for meetings to take place via telecoms software even if the participants are scattered over the whole world. A shareholder will also be “present” ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ .

Appears in 1 contract

Samples: Shareholder Agreement

Special Voting Rights. The Act assumes that every company has a large number of shareholders. It provides that a motion is carried when the appropriate proportion (usually 51% or 75%, of those members “present and voting” vote in favour. However, if there are only four shareholders and one is on holiday, it would be all too easy to call ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ , ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ . To avoid that issue, we have provided that any motion relating to anything mentioned in this agreement shall be decided only by a real majority. That is to say, the guys owners who ■ ■ ■ ■ ■ ■ ■ ■ “ ■ ■ ■ ■ ” ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ . Remember however, that good modern constitution allows for meetings to take place via telecoms software even if the participants are scattered over the whole world. A shareholder will also be “present” ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ .

Appears in 1 contract

Samples: Shareholders' Agreement

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