Mexican Investors definition
Examples of Mexican Investors in a sentence
The Company will record and count the votes in a manner that will ensure that the votes controlled by persons that have proven that they are Mexican Investors (to the Company’s reasonable satisfaction through a Certification and the submission of Identity Information), which may constitute as little as ten percent of total shareholdings, will control the outcome of every matter submitted to a shareholder vote.
Owners providing voting instructions related to votes that they believe should be treated as controlled by Mexican Investors must certify that the beneficial owner of the American Depositary Shares for which they are providing voting instructions is a Mexican Investor and submit applicable Identity Information.
Mexican Investors or Foreign Investors may acquire CPOs in accordance with applicable legislation, including the LIE and its regulations and the relevant Indenture.
If Mexican Investors do not give the Trustee instructions regarding granting powers of attorney to the person or persons referred to within the time mentioned or regarding voting of relevant Shares in Trust by the Trustee, the Trustee must exercise its voting right for the underlying Shares in Trust of the CPOs of which said Mexican Investors are holders, in the same sense in which the majority of the Shares voted in the respective meeting.
The Trust may also be terminated by Maxcom notifying the Trustee in writing, if Maxcom is able to prove to the Trustee that applicable legislation has been amended and that the corporate bylaws of Maxcom have been amended, so that the Shares may be subscribed freely, both by Mexican Investors and Foreign Investors.
Mexican Investors who hold CPOs may instruct the Trustee in writing to grant power of attorney to the person that each nominates, so said person or persons may exercise the right to vote for the underlying Shares in Trust of the CPOs of which they are holders, in accordance with the instructions received directly from the holder, or in order for the Trustee to vote the Shares, in accordance with such instructions.