Common use of Unitholder Approval Clause in Contracts

Unitholder Approval. (a) Subject to Subsections 20.2(b), (c) and (d) hereof, certain matters relating to the Trust require approval by the Unitholders. Such approval must be given at a meeting duly called for that purpose or by written resolution pursuant to Article 16. Any provision of this Trust Agreement may be amended, deleted, expanded or varied with the approval of the Unitholders for the following purposes by resolution passed by an Ordinary Resolution, other than Clauses 20.2(a)(i) and (ii) which require approval of Unitholders by an Extraordinary Resolution:

Appears in 6 contracts

Samples: Trust Agreement (Sprott Physical Platinum & Palladium Trust), Trust Agreement (Sprott Physical Platinum & Palladium Trust), Trust Agreement (Sprott Physical Silver Trust)

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Unitholder Approval. (a) Subject to Subsections 20.2(b21.2(b), (c) and (d) hereof, certain matters relating to the Trust require approval by the Unitholders. Such approval must be given at a meeting duly called for that purpose or by written resolution pursuant to Article 16. Any provision of this Trust Agreement may be amended, deleted, expanded or varied with the approval of the Unitholders for the following purposes by resolution passed by an Ordinary Resolution, other than Clauses 20.2(a)(i21.2(a)(i) and (ii) which require approval of Unitholders by an Extraordinary Resolution:

Appears in 2 contracts

Samples: Trust Agreement (Sprott Physical Gold & Silver Trust), Arrangement Agreement (Central Fund of Canada LTD)

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Unitholder Approval. (a) Subject to Subsections subsections 20.2(b), (c) and (dc) hereof, certain matters relating to the Trust require approval by the Unitholders. Such approval must be given at a meeting duly called for that purpose or by written resolution pursuant to Article 16. Any provision of this Trust Agreement may be amended, deleted, expanded or varied with the approval of the Unitholders for the following purposes by resolution passed by an Ordinary Resolution, other than Clauses clauses 20.2(a)(i), (ii) and (ii) iii), which require approval of Unitholders by an Extraordinary Resolution:

Appears in 1 contract

Samples: Trust Agreement (Sprott Physical Gold Trust)

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