Examples of Conversion Foundation in a sentence
Notwithstanding the foregoing, no amendment, variation, waiver or termination of Article V shall be effective unless agreed and made in a writing executed by (a) Shareholders party to this Agreement together holding two-thirds or more by voting power of the total issued share capital of the Company held by all Shareholders party to this Agreement and (b) the Conversion Foundation.
The Conversion Foundation hereby agrees that it will vote any Class C Shares held by it from time to time on any matter put to the Shareholders for a vote in the same proportion as all other votes are cast at any General Meeting.
Immediately following the consummation of the Conversion, subject to the approval of the establishment of the Foundation by the members of the Association and compliance with all conditions as may be imposed by the OTS and any other regulatory authorities, the Company will contribute Common Stock equal to 8% of the Common Stock sold in the Conversion ("Foundation Shares") to the Foundation.
Assessment ofCommunity Perceptions of Quality of Life to Inform the Grant-Making of a Conversion Foundation: A Case Study.