Ability to Make Clause Samples
The "Ability to Make" clause defines a party's right to manufacture or produce certain products, components, or materials, typically under a license or agreement. In practice, this clause specifies the scope of what can be made, such as limiting production to specific items or for certain uses, and may outline any restrictions or requirements, like quality standards or reporting obligations. Its core function is to clarify and grant the legal authority to create the covered items, thereby preventing disputes over unauthorized manufacturing and ensuring both parties understand the extent of permitted production.
Ability to Make. The Subscription Receipt Agent, or the Corporation with the approval of the Subscription Receipt Agent, may from time to time make or vary such regulations as it thinks fit:
(a) for the form of instrument appointing a proxy, the manner in which it must be executed, and verification of the authority of a Person who executes it on behalf of a Subscription Receiptholder;
(b) governing the places at which and the times by which instruments appointing proxies must be deposited;
(c) generally for the calling of meetings of Subscription Receiptholders and the conduct of business thereof; and
(d) for the deposit of instruments appointing proxies at some approved place or places other than the place at which the meeting is to be held and enabling particulars of such instruments appointing proxies to be sent by mail, facsimile or other means of prepaid, transmitted, recorded communication before the meeting to the Corporation or to the Subscription Receipt Agent at the place where the meeting is to be held and for voting pursuant to instruments appointing proxies so deposited as though the instruments themselves were produced at the meeting. Any regulations so made will be binding and effective and the votes given in accordance therewith will be valid and will be counted.
Ability to Make. The Trustee, or the Company with the approval of the Trustee, may from time to time make or vary such regulations as it thinks fit:
(i) for the form of instrument appointing a proxy, the manner in which it must be executed and verification of the authority of a person who executes it on behalf of a Special Warrantholder;
(ii) governing the places at which and the times by which voting certificates or instruments appointing proxies must be deposited;
(iii) generally for the calling of meetings of Special Warrantholders and the conduct of business thereof;
(iv) for the issue of voting certificates by any bank, trust company or other depositary satisfactory to the Trustee stating that the Special Warrant Certificates specified therein have been deposited with it by a named person and will remain on deposit until after the meeting, which voting certificate will entitle the persons named therein to be present and vote at any such meeting and at any adjournment thereof or to appoint a proxy or proxies to represent them and vote for them at any such meeting and at any adjournment thereof in the same manner and with the same effect as though the persons so named in such voting certificates were the actual holders of the Special Warrant Certificates specified therein; and
(v) for the deposit of voting certificates and instruments appointing proxies at some approved place or places other than the place at which the meeting is to be held and authorizing particulars of such instruments appointing proxies to be sent by mail, facsimile or other means of prepaid, transmitted, recorded communication before the meeting to the Company or to the Trustee at the place where the meeting is to be held and for voting pursuant to instruments appointing proxies so deposited as though the instruments themselves were produced at the meeting. Any regulations so made will be binding and effective and the votes given in accordance therewith will be valid and will be counted.
Ability to Make. The Subscription Receipt Agent, or the Corporation with the approval of the Subscription Receipt Agent, may from time to time make or vary such regulations as it thinks fit:
(i) for the setting of the record date for a meeting of holders of Subscription Receipts for the purpose of determining Receiptholders entitled to receive notice of and vote at such meeting;
(ii) for the form of the instrument of proxy; and
(iii) generally for the calling of meetings of Subscription Receiptholders and the conduct of business thereof. Any regulations so made will be binding and effective and the votes given in accordance therewith will be valid and will be counted.
Ability to Make. The Subscription Receipt Agent, or the Corporation with the approval of the Subscription Receipt Agent, may from time to time make or vary such regulations as it thinks fit for the form of instrument appointing a proxy, the manner in which it must be executed, and verification of the authority of a Person who executes it on behalf of a Flow- Through Unit Subscription Receiptholder; Any regulations so made will be binding and effective and the votes given in accordance therewith will be valid and will be counted.