Examples of IPT Board in a sentence
The Fund Trustee, by written resolution, has delegated to the IPT Board the approval of this Agreement and any matter relating to the Arrangement.
The Joint Circular will include the favourable recommendations of the IPT Board and the IRE Board (unless it has been withdrawn, modified or amended in accordance with this Agreement) and will include a summary and a copy of the Valuation in accordance with MI 61-101 as well as summaries and copies of the fairness opinions referred to in Paragraphs 3.1(c) and 3.2(c).
The IPT Board has unanimously approved the execution and performance of this Agreement.
The IPT Board has received an opinion from National Bank Financial Inc.
Xxxxx); and – one director who currently sits on both the IPT Board and the IRE Board (being Xxxxxx Xxxxxxxxx).
SCHEDULE D CHANGES TO THE IRE BOARD The members of the IRE Board from the Effective Date until the next annual meeting or until their successors are elected or appointed shall consist of nine directors, including: – five current members of the IPT Board (being Xxxx X.
The IPT Board, after receipt of a unanimous favourable recommendation from the IPT Committee and consultation with its financial and legal advisors, has unanimously (with the three nominees of IRE on the IPT Board abstaining) determined that the Arrangement is fair to the Fund Unitholders (other than IRE) and is in the best interests of the Fund and such Fund Unitholders and has unanimously resolved to recommend that the Fund Unitholders (other than IRE) vote their Fund Units in favour of the Arrangement.
In addition, in reaching the conclusion to approve and recommend the Arrangement, neither the IPT Special Committee nor the IPT Board assigned any relative or specific weight to any of the foregoing factors which were considered, and individual trustees may have given different weight to different factors.
Smith); and one director who currently sits on both the IPT Board and the IRE Board (being Michel Letellier).
Recommendation of IPT Board The IPT Board has unanimously concluded (with Richard Laflamme, Gilles Lefrançois and Michel Letellier, as the three nominees of IRE on the IPT Board, abstaining) that the Arrangement is fair to Fund Unitholders (other than IRE) and is in the best interests of the Fund and such Fund Unitholders, and unanimously recommends that the Fund Unitholders (other than IRE) vote in favour of the Fund Arrangement Resolution.