Examples of Lead Holder in a sentence
Subject to Section 10.1, the Corporation hereby covenants and agrees that, except with the prior written consent of the Lead Holder, it will not, and will ensure that no Significant Subsidiary enters into any scheme or arrangement for any reconstruction or reorganization involving any of the Corporation or any Significant Subsidiary or for any consolidation, amalgamation, merger, arrangement or similar transaction involving the Corporation, or any Significant Subsidiary, and any other Person.
Until the earlier of the Nomination Termination Date and such time as the size of the Board of Directors is increased and the Lead Holder’s nominee is elected by the Corporation’s shareholders as a director, a representative of the Lead Holder, who shall originally be Xxxx Xxxxxx and thereafter shall be such other Person as is designated by the Lead Holder from time to time, and acceptable to the Board of Directors, acting reasonably, shall be granted observer status at meetings of the Board of Directors.
The Corporation and each of its Subsidiaries has obtained all material licences, consents, permits (including without limitation all material environmental and social permits and, if applicable, consent of the Lead Holder) and other material authorizations needed by it in order to conduct its business and execute, perform and comply with its obligations under this Subscription Agreement, and all such authorizations are valid and subsisting and in full force and effect.