Capital Reduction Resolution definition

Capital Reduction Resolution means the resolution approving a return of capital distribution to the holders of our class A exchangeable shares and our class B shares and corresponding reductions to the authorized and issued share capital of the company in the amount necessary to permit the Special Distribution to be effected as a reduction of capital, as more particularly described in the Circular, the full text of which is set out in Appendix “A” – “Resolutions to be Approved at the Meeting” to the accompanying Circular;
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Capital Reduction Resolution means the resolution of Members approving the reduction of capital of Strata in accordance with the provisions of Section 256C(1) of the Corporations Act pursuant to which the Shares shall be cancelled without any distribution of assets to the holders thereof;
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Capital Reduction Resolution means the resolution of SMX Shareholders to approve the Capital Reduction in the form approved by Lionheart in writing;
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Examples of Capital Reduction Resolution in a sentence

  • Capital Reduction Resolution an ordinary resolution to approve the Capital Reduction pursuant to section 256C(1) of the Corporations Act.

  • General Meeting the general meeting of Cerro Shareholders to be held immediately before the Scheme Meetings at which the Capital Reduction Resolution (and any other resolutions as required) will be considered.

  • Distribution Entitlement in relation to a Scheme Shareholder, the total number of Spinco Shares allocated to that Scheme Shareholder (in accordance with the Capital Reduction Resolution), in respect of the Scheme Shares held by the Scheme Shareholder at the Record Date.

  • Capital Reduction Resolution an ordinary resolution under section 256C(1) of the Corporations Act to approve the Capital Reduction .

  • The Schemes are conditional on the Capital Reduction Resolution being passed at the General Meeting.

  • The Capital Reduction Resolution is to be voted on by the Cerro Shareholders at the General Meeting prior to the Scheme Meetings.

  • In the Proxy Statement, to the extent that such recommendations are consistent with the fiduciary obligations of the Board of Directors of the Company and to the extent permitted by applicable laws, including the Companies Acts 1963-1990 of Ireland, the Company's Board of Directors shall state that it recommends that the Company's shareholders approve the Scheme and the Capital Reduction Resolution.

  • We will, promptly following the meeting, issue a press release disclosing the voting results of the Capital Reduction Resolution and the other matters presented to shareholders at the meeting.

  • The Court Meeting Approval referred to in Section 5.1 hereof shall have been obtained and the Capital Reduction Resolution shall have been adopted by the shareholders of the Company at the Extraordinary Meeting.

  • If the Brookfield Arrangement proceeds and the Capital Reduction Resolution is not approved, then the Special Distribution will be fulfilled as a dividend.


More Definitions of Capital Reduction Resolution

Capital Reduction Resolution means the special resolution to cancel the Euramax Shares, to be proposed at the Extraordinary General Meeting;
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Capital Reduction Resolution means a special resolution of the Lake Shore Shareholders reducing its stated capital attributable to the Lake Shore Shares by an amount that is not represented by realizable assets in accordance with Section 38 of the CBCA;
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Capital Reduction Resolution means the resolution that holders of Brookfield Reinsurance Class A Shares and Brookfield Reinsurance Class B Shares will be asked to consider and, if deemed advisable, pass at the Brookfield Reinsurance Meeting approving a Table of Contents return of capital on each of the Brookfield Reinsurance Class A Shares and Brookfield Reinsurance Class B Shares, and corresponding reductions to the share capital of Brookfield Reinsurance in the amount necessary to permit the Special Distribution to be effected as a capital reduction resulting in a return of capital.
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Capital Reduction Resolution means the special resolution to be presented to the Trimble Shareholders at the Meeting to approve the Capital Reduction;
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Capital Reduction Resolution means a special resolution of the Zazu Shareholders reducing its stated capital attributable to the Zazu Shares by an amount that is not represented by realizable assets in accordance with Section 38 of the CBCA;
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Related to Capital Reduction Resolution

  • Master Resolution means the Amended and Restated Master Resolution Establishing The University of Texas System Revenue Financing System adopted by the Board on February 14, 1991, as amended on October 8, 1993, and August 14, 1997.

  • Special Resolution means a resolution passed by a majority of not less than two-thirds (2/3) of the votes cast on that resolution.

  • unanimous resolution means, subject to subsection (3) -

  • Single Series Extraordinary Resolution means a resolution passed at a meeting of Noteholders duly convened and held in accordance with the procedures prescribed by the Issuer and the Fiscal Agent pursuant to Condition 14(a) (Convening Meetings of Noteholders; Conduct of Meetings of Noteholders; Written Resolutions) by a majority of:

  • Series Resolution means a resolution of the Corporation authorizing the issuance of a Series of Bonds in accordance with the terms and provisions of the General Trust Indenture, adopted by the Corporation in accordance with Section 204 of the General Trust Indenture.

  • Multiple Series Single Limb Extraordinary Resolution means a resolution considered at separate Meetings of the holders of each affected series of Debt Securities Capable of Aggregation, duly convened and held in accordance with the procedures prescribed by the Issuer and the Fiscal Agent pursuant to Condition 12(a) (Convening Meetings of Noteholders; Conduct of Meetings of Noteholders; Written Resolutions), as supplemented if necessary, which is passed by a majority of at least 75 per cent. of the aggregate principal amount of the outstanding debt securities of all affected series of Debt Securities Capable of Aggregation (taken in aggregate).

  • Amalgamation Resolution means the special resolution of the Shareholders concerning the Amalgamation to be considered at the Meeting, substantially in the form set out in Appendix A to the Circular;

  • Supplemental Resolution means any resolution or resolutions of the Trust amending, modifying or supplementing this Bond Resolution, authorizing the issuance of a Series of Refunding Bonds, or any other Supplemental Resolution adopted by the Trust pursuant to the provisions of this Bond Resolution.

  • Arrangement Resolution means the special resolution approving the Plan of Arrangement to be considered at the Company Meeting, substantially in the form of Schedule B.

  • Multiple Series Two Limb Extraordinary Resolution means a resolution considered at separate meetings of the holders of each affected series of Debt Securities Capable of Aggregation, duly convened and held in accordance with the procedures prescribed by the Russian Federation pursuant to Condition 12(b), as supplemented if necessary, which is passed by a majority of:

  • Extraordinary Resolution has the meaning set forth in Section 7.11(1);

  • Certified Resolution means a copy of a resolution certified by the Secretary or an Assistant Secretary of the Company to have been duly adopted by the Board of Directors and to be in full force and effect on the date of such certification.

  • Initial Resolution Period As defined in Section 2.03(b).

  • Borrowing Resolutions are, with respect to any Person, those resolutions substantially in the form attached hereto as Exhibit D.

  • Technical Advisory Committee means a committee established under section 12;

  • Resolution shall have the meaning specified in Section 8(E).

  • Ordinary Resolution means a resolution passed by a simple majority of the Members as, being entitled to do so, vote in person or, where proxies are allowed, by proxy at a general meeting, and includes a unanimous written resolution. In computing the majority when a poll is demanded regard shall be had to the number of votes to which each Member is entitled by the Articles.

  • Relevant Potential Change of Control Announcement means any public announcement or statement by the Issuer, any actual or potential bidder or any adviser acting on behalf of any actual or potential bidder relating to any potential Change of Control where within 180 days following the date of such announcement or statement, a Change of Control occurs.

  • Resolution date means the date the funded amount, plus the

  • Alternative Proposal has the meaning set forth in Section 6.2(b).

  • Supervisory Committee means the Comisión Fiscalizadora of the Company.

  • resolution plan means a plan proposed by resolution applicant for insolvency resolution of the corporate debtor as a going concern in accordance with Part II;

  • U.S. Special Resolution Regime means each of (i) the Federal Deposit Insurance Act and the regulations promulgated thereunder and (ii) Title II of the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act and the regulations promulgated thereunder.

  • Informal resolution means options for resolving a formal complaint that do not involve a full investigation and adjudication. Informal resolution may encompass a broad range of conflict resolution strategies, including mediation or restorative justice.

  • U.S. Special Resolution Regimes has the meaning specified in Section 11.21.

  • Resolution of Directors means either: