Common use of Meaning of Extraordinary Resolution Clause in Contracts

Meaning of Extraordinary Resolution. (1) The expression "extraordinary resolution" when used in this Indenture means, subject as hereinafter in this Section 6.11 and in Section 6.14 provided, a resolution proposed at a meeting of Warrantholders duly convened for that purpose and held in accordance with the provisions of this Article 6 at which there are present in person or by proxy at least two Warrantholders representing at least 20% of the aggregate number of all the then outstanding Warrants and passed by the affirmative votes of Warrantholders representing not less than 66⅔% of the aggregate number of all the then outstanding Warrants represented at the meeting and voted on the poll upon such resolution.

Appears in 3 contracts

Samples: Warrant Indenture (Lowell Farms Inc.), webfiles.thecse.com, webfiles.thecse.com

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Meaning of Extraordinary Resolution. (1a) The expression "extraordinary resolution" when used in this Indenture means, subject to as hereinafter provided in this Section 6.11 7.11 and in Section 6.14 provided7.14, a resolution proposed at a meeting of Special Warrantholders duly convened for that purpose and held in accordance with the provisions of this Article 6 7, at which there are present in person or by proxy Special Warrantholders holding at least two Warrantholders representing at least 2025% of the aggregate number of all the then outstanding Special Warrants and passed by the affirmative votes of Special Warrantholders representing holding not less than 66⅔% 66.67% of the aggregate number of all the then outstanding Special Warrants represented at the meeting and voted on the poll upon such resolution.

Appears in 3 contracts

Samples: Special Warrant Indenture (Bunker Hill Mining Corp.), Special Warrant Indenture, Special Warrant Indenture

Meaning of Extraordinary Resolution. (1) The expression "extraordinary resolutionExtraordinary Resolution" when used in this Indenture means, subject as hereinafter provided in this Section 6.11 7.11 and in Section 6.14 provided7.14, a resolution proposed at a meeting of Registered Warrantholders duly convened for that purpose and held in accordance with the provisions of this Article 6 7 at which there are present in person or by proxy Registered Warrantholders holding at least two Warrantholders representing at least 2025% of the aggregate number of all the Warrants then outstanding Warrants and passed by the affirmative votes of Registered Warrantholders representing holding not less than 66⅔% 66 2/3% of the aggregate number of all the Warrants then outstanding Warrants represented at the meeting and voted on the poll upon such resolution.

Appears in 2 contracts

Samples: Vizsla Resources Corp (Vizsla Silver Corp.), Vizsla Silver Corp (Vizsla Silver Corp.)

Meaning of Extraordinary Resolution. (1) The expression "extraordinary resolution" when used in this Indenture indenture means, subject as hereinafter in this Section section 6.11 and in Section section 6.14 provided, a resolution proposed at a meeting of Warrantholders duly convened for that purpose and held in accordance with the provisions of this Article 6 at which there are present in person or by proxy at least two Warrantholders representing at least 2025% of the aggregate number of all the then outstanding Warrants and passed by the affirmative votes of Warrantholders representing not less than 66⅔% 66 2/3% of the aggregate number of all the then outstanding Warrants represented at the meeting and voted on the poll upon such resolution.

Appears in 2 contracts

Samples: New Gold Inc. /FI, New Gold Inc. /FI

Meaning of Extraordinary Resolution. (1a) The expression "extraordinary resolutionExtraordinary Resolution" when used in this Indenture means, subject as hereinafter provided in this Section 6.11 7.11 and in Section 6.14 provided7.14, a resolution proposed at a meeting of Registered Warrantholders duly convened for that purpose and held in accordance with the provisions of this Article 6 7 at which there are present in person or by proxy Registered Warrantholders holding at least two Warrantholders representing at least 2025% of the aggregate number of all the Warrants then outstanding Warrants and passed by the affirmative votes of Registered Warrantholders representing holding not less than 66⅔% two-thirds of the aggregate number of all the then outstanding Warrants represented at the meeting and voted on the poll upon such resolution.

Appears in 2 contracts

Samples: s28.q4cdn.com, s21.q4cdn.com

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Meaning of Extraordinary Resolution. (1a) The expression "extraordinary resolution" when used in this Indenture means, subject to as hereinafter provided in this Section 6.11 7.11 and in Section 6.14 provided7.14, a resolution proposed at a meeting of Special Warrantholders duly convened for that purpose and held in accordance with the provisions of this Article 6 7, at which there are present in person or by proxy Special Warrantholders holding at least two Warrantholders representing at least 2025% of the aggregate number of all the then outstanding Special Warrants and passed by the affirmative votes of Special Warrantholders representing holding not less than 66⅔% 66.67% of the aggregate number of all the then outstanding Special Warrants represented at the meeting and voted on the poll upon such resolution.

Appears in 1 contract

Samples: Special Warrant Indenture

Meaning of Extraordinary Resolution. (1) The expression "extraordinary resolution" “Extraordinary Resolution” when used in this Indenture means, subject as hereinafter provided in this Section 6.11 7.11 and in Section 6.14 provided7.14, a resolution proposed at a meeting of Registered Warrantholders duly convened for that purpose and held in accordance with the provisions of this Article 6 7 at which there are present in person or by proxy Registered Warrantholders holding at least two Warrantholders representing at least 2025% of the aggregate number of all the then outstanding Warrants and passed by the affirmative votes of Registered Warrantholders representing holding not less than 66⅔% 66 2/3% of the aggregate number of all the then outstanding Warrants represented at the meeting and voted on the poll upon such resolution.

Appears in 1 contract

Samples: Warrant Indenture (Veris Gold Corp.)

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