Golden Share definition
Examples of Golden Share in a sentence
The General Partner shall instruct the Trustee to vote the Golden Share as provided for in the Voting Agreement.
The Company may amend its Memorandum or Articles by a Resolution of Shareholders, provided that there has been obtained the prior written consent of (i) the holder of the Golden Share and (ii) any mortgagee or chargee whose interest has been noted on the register of members.
The activities of the Trust shall be, and shall be limited to: (i) acquiring and holding the Special Voting Shares, (ii) acquiring and holding the Golden Share, (iii) entering into the Voting Agreement and carrying out the Trust’s obligations thereunder, (iv) investing and reinvesting the Remaining Property and (v) carrying on all other activities as may be reasonably incidental to those activities (the “Trust Activities”).
Shares and other Securities may be issued at such times, to such persons, for such consideration and on such terms as the directors may by Resolution of Directors determine, provided that the Company shall not issue any Shares other than Ordinary Shares and the Golden Share without the consent of the Golden Shareholder.
A voluntary petition for bankruptcy by the SPE will require the affirmative consent of the holder of the Golden Share as well as the affirmative vote of the SPE’s board of directors, including the vote of the independent director on the SPE’s board of directors.