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 special resolution to be presented to the Trimble Shareholders at the Meeting to approve the Capital Reduction;
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Examples of Capital Reduction Resolution in a sentence

  • Capital Reduction Resolution means the resolution of NIB Health Funds to selectively reduce its capital as set out in schedule 7 of the Demutualisation Implementation Deed.

  • Capital Reduction Meeting means the extraordinary general meeting of NIB Health Funds to consider the Capital Reduction Resolution.

  • Each Director recommends that Shareholders and Optionholders vote in favour of the Share Scheme Resolution, the Capital Reduction Resolution and the Option Scheme Resolution.Each Director who holds MBL Shares or MBL Options intends to vote in favour of the Restructure.

  • Pursuant to Section 78D(2) of the Companies Act, any creditor of the Company may, at any time during the six (6) weeks beginning with the date of passing of the Capital Reduction Resolution, apply to the Singapore Courts for the Capital Reduction Resolution to be cancelled.

  • MIS Holders are entitled to vote on the Capital Reduction Resolution.

  • In order to effect the Capital Reduction, the Company first requires the approval of its Tiziana Shareholders by the passing of the Capital Reduction Resolution as a special resolution at the General Meeting.

  • The Capital Reduction must be confirmed by the High Court, to which the Company will make an application if the Capital Reduction Resolution is passed.

  • Proxy appointments in favour of the Chair, the company secretary of ALF or any ALF Director which do not contain a direction as to how to vote will be voted in support of the Scheme Resolution at the Scheme Meeting and Resolutions 1 to 4 (including the Capital Reduction Resolution and the Early Termination Fee Resolution) to be put to the Annual General Meeting.

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

  • The Board unanimously recommends that shareholders vote, or procure the vote, in favour of the Resolutions (including the Resolution to approve the Capital Reduction (Resolution 18) and the Resolution to approve the proposed amendments to the Articles (Resolution 19)) to be proposed at the AGM.


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 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 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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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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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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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), a resolution-

  • 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.

  • 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 of the Company Shareholders approving this Plan of Arrangement to be considered at the Company Meeting.

  • 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

  • Unilateral Change Order (ULCO means a Change Order issued by Owner without the complete agreement of Contractor, as to cost and/or time.

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

  • Change Order Request means a written request or proposal for a Change Order submitted by either Company or Contractor and including:

  • 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:

  • approved proposal means a proposal approved or deemed to be approved under this Agreement;

  • OPSI Advisory Committee means the committee established under Tariff, Attachment M, section III.G.

  • Project Proposal has the meaning set forth in Section 2.2(b).