Examples of Special Voting Unitholders in a sentence
Pursuant to the Declaration of Trust, provided certain ownership thresholds are met, the Trust is required to issue such number of additional Special Voting Units to Penguin that will entitle Penguin to cast 25.0% of the aggregate votes eligible to be cast at a meeting of the Unitholders and Special Voting Unitholders (“Voting Top-Up Right”).
The Special Voting Units will only be issued to the holders of Class A limited partnership units of the CHLP (“Exchangeable LP Units”), for the purpose of providing voting rights to these Special Voting Unitholders, with respect to the Fund.
Where a petition is deemed invalid and cannot be accepted, the petition organiser will be informed and provided with the reasons why.
There shall be an annual meeting of the Unitholders and Special Voting Unitholders at such time and place as the Trustees shall prescribe for the purpose of electing Trustees, appointing the auditors of the Trust and transacting such other business as the Trustees may determine or as may properly be brought before the meeting.
The Special Voting Units will only be issued to the holders of Class A limited partnership units of Cargojet Holdings Limited Partnership (“CHLP”) (“Exchangeable LP Units”), for the purpose of providing voting rights to these Special Voting Unitholders, with respect to the Fund.