Common use of Withholding Information from Shareholders Clause in Contracts

Withholding Information from Shareholders. Subject to the provisions of the Act, and applicable laws, no shareholder shall be entitled to discovery of any information respecting any details or conduct of the Corporation’s business which, in the opinion of the board, it would be inexpedient in the interests of the shareholders or the Corporation to communicate to the public. The board may from time to time determine whether and to what extent and at what time and place and under what conditions or regulations the accounts, records and documents of the Corporation or any of them shall be open to the inspection of the shareholders, and no shareholder shall have any right of inspecting any account, record or document of the Corporation except as conferred by the Act or authorized by the board or by resolution passed at a general meeting of shareholders.

Appears in 2 contracts

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

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Withholding Information from Shareholders. Subject to the provisions of the Act, and applicable laws, no shareholder shall be entitled to discovery of any information respecting any details or conduct of the Corporation’s 's business which, in the opinion of the boardBoard, it would be inexpedient in the interests of the shareholders or the Corporation to communicate to the public. The board Board may from time to time determine whether and to what extent and at what time and place and under what conditions or regulations the accounts, records and documents of the Corporation or any of them shall be open to the inspection of the shareholders, shareholders and no shareholder shall have any right of inspecting any account, record or document of the Corporation except as conferred by the Act or authorized by the board Board or by resolution passed at a general meeting of shareholders.

Appears in 2 contracts

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

Withholding Information from Shareholders. Subject to the provisions of the Act, and applicable laws, no shareholder shall be entitled to discovery of any information respecting any details or conduct of the Corporation’s business which, in the opinion of the boardBoard, it would be inexpedient in the interests of the shareholders or the Corporation to communicate to the public. The board Board may from time to time determine whether and to what extent and at what time and place and under what conditions or regulations the accounts, records and documents of the Corporation or any of them shall be open to the inspection of the shareholders, shareholders and no shareholder shall have any right of inspecting any account, record or document of the Corporation except as conferred by the Act or authorized by the board Board or by resolution passed at a general meeting of shareholders.

Appears in 1 contract

Samples: Amalgamation Agreement (IC2E International Inc.)

Withholding Information from Shareholders. Subject to the provisions of the Act, and applicable laws, no shareholder shall be entitled to discovery of any information respecting any details or conduct of the Corporation’s 's business which, in the opinion of the boardBoard, it would be inexpedient in the interests of the shareholders or the Corporation to communicate to the public. The board Board may from time to time determine whether and to what extent and at what time and place and under what conditions or regulations the accounts, records and documents of the Corporation or any of them shall be open to the inspection of the shareholders, shareholders and no shareholder shall have any right of inspecting any account, record or document of the Corporation except as conferred by the Act or authorized by the board Board or by resolution passed at a general meeting of shareholders.. SECTION THREE

Appears in 1 contract

Samples: Amalgamation Agreement

Withholding Information from Shareholders. Subject to the provisions of the Act, and applicable laws, no shareholder shall be entitled to discovery of any information respecting any details or conduct of the Corporation’s 's business which, in the opinion of the board, it would could be inexpedient in the interests of the shareholders or the Corporation to communicate to the public. The board may from time to time determine whether and to what extent and at what time and place and under what conditions or regulations the accounts, records and documents of the Corporation or any of them shall be open to the inspection of the shareholders, shareholders and no shareholder shall have any right of inspecting to inspect any account, record or document of the Corporation except as conferred by the Act or authorized by the board or by resolution passed at a general meeting of shareholdersboard.

Appears in 1 contract

Samples: Securities Purchase Agreement (Vasogen Inc)

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Withholding Information from Shareholders. Subject to the provisions of the Act, and applicable laws, no shareholder shall be entitled to discovery of any information respecting any details or conduct of the Corporation’s 's business which, in the opinion of the boardBoard, it would be inexpedient in the interests of the shareholders or the Corporation to communicate to the public. The board Board may from time to time determine whether and to what extent and at what time and place and under what conditions or regulations the accounts, records and documents of the Corporation or any of them shall be open to the inspection of the shareholders, shareholders and no shareholder shall have any right of inspecting any account, record or document of the Corporation except as conferred by the Act or authorized by the board Board or by resolution passed at a general meeting of shareholders.

Appears in 1 contract

Samples: Amalgamation Agreement

Withholding Information from Shareholders. Subject to the provisions of the Act, and applicable laws, no shareholder shall be entitled to discovery of any information respecting any details or conduct of the Corporation’s 's business which, in the opinion of the boardBoard, it would be inexpedient in the interests of the shareholders or the Corporation to communicate to the public. , The board Board may from time to time determine whether and to what extent and at what time and place and under what conditions or regulations the accounts, records and documents of the Corporation or any of them shall be open to the inspection of the shareholders, shareholders and no shareholder shall have any right of inspecting inspection of any account, record or document of the Corporation except as conferred by the Act or authorized by the board Board or by resolution passed at a general meeting of shareholders.,

Appears in 1 contract

Samples: Mortgage Agreement (Stratcomm Media LTD)

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