Staple Sample Clauses

Staple. 6.1 Except as expressly provided in the Plan of Arrangement and in this section 6.1, no CN Voting Share shall be or shall be capable of being issued, transferred, transmitted or otherwise alienated or disposed of separately from and otherwise than as part of either: (i) a CN Stapled Unit comprised of an equal number of CN Voting Shares and CN Exchangeable Shares, or (ii) a Newco Stapled Unit comprised of an equal number of CN Voting Shares and Newco Common Shares. Notwithstanding the foregoing, the following issuances and transfers of CN Voting Shares otherwise than as part of a CN Stapled Unit or Newco Stapled Unit are hereby expressly permitted: (i) the issuances of CN Voting Shares provided in Section 2.2 of the Plan of Arrangement. Without limiting the generality of the foregoing, CN shall be entitled to treat the registered holder of CN Stapled Units (or, subject to such Person furnishing such information as is described in subsection 77(4) of the CBCA or any replacement or successor provision therefor, the executor, administrator, heir or legal representative of the heirs, of the estate of a deceased holder, a guardian, committee, trustee, curator or tutor representing a holder who is an infant, an incompetent person or a missing person, or a liquidator of or a trustee in bankruptcy for a holder) as the owner exclusively entitled to vote, to receive notices and otherwise to exercise all the rights and powers of the owner of the CN Voting Shares represented by such CN Stapled Unit. For purposes of establishing and maintaining the share register for the outstanding CN Voting Shares, CN and its Transfer Agent shall and shall be entitled at all times (subject only to the exercise of the Liquidation Call Right) to treat each registered holder of CN Stapled Units and of Newco Stapled Units as the registered holder of a number of CN Voting Shares equal to the aggregate number of CN Stapled Units and Newco Stapled Units held by such Person. A CN Stapled Unit certificate or a Newco Stapled Unit certificate, as applicable, shall be the security certificate, and the only security certificate, that a holder of CN Voting Shares shall be entitled to receive in respect of his or her holding of CN Voting Shares pursuant to the CBCA or otherwise. APPENDIX II PROVISIONS ATTACHING TO THE CN EXCHANGEABLE SHARES The CN Exchangeable Shares shall have the following rights, privileges, restrictions and conditions:
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