Ratification Resolution definition
Ratification Resolution means a shareholder resolution ratifying the Multiple Voting Shares continuing to have 50 votes per share, and approval of a Ratification Resolution means approval by a simple majority of the votes cast by minority holders of Subordinate Voting Shares, voting separately as a class; and in determining the simple majority of the minority approval for a Ratification Resolution, the Corporation shall exclude the votes attached to the Subordinate Voting Shares that, to the knowledge of the Corporation, or its directors or senior officers, after reasonable inquiry, are beneficially owned, or over which control or direction is exercised, by (i) the Current Major Shareholders or Subsequent Major Shareholders, (ii) any associate, insider or affiliate (as defined in the Securities Act (Ontario)) of any person or company referred to in (i); (iii) any affiliate of the Corporation; and (iv) the officers and directors of the Corporation and their associates (as defined in the Securities Act (Ontario));
Ratification Resolution means the resolution ratifying the current capital structure of Look in the form attached as Schedule “B” to this Circular.
Ratification Resolution means a resolution of the Board ratifying and confirming, subsequent to the Issue Date thereof, all terms, provisions and other matters relative to any one or more series or sub-series of Bonds, where any such terms, provisions or other matters have been determined and prescribed in a Determination Document.