{"component": "clause", "props": {"groups": [{"snippet": "From and after the Effective Time:\n(1) this Plan of Arrangement shall take precedence and priority over any and all rights related to the securities of the Company issued prior to the Effective Time;\n(2) the rights and obligations of the holders of the securities of the Company and any trustee and transfer agent therefor, shall be solely as provided for in this Plan of Arrangement; and\n(3) all actions, causes of actions, claims or proceedings (actual or contingent, and whether or not previously asserted) based on or in any way relating to securities of the Company shall be deemed to have been settled, compromised, released and determined without liability except as set forth herein.", "samples": [{"hash": "pzJxXHzXlL", "uri": "/contracts/pzJxXHzXlL#paramountcy", "label": "Arrangement Agreement (Safety Shot, Inc.)", "score": 36.0937728882, "published": true}, {"hash": "biJHTTAa5ut", "uri": "/contracts/biJHTTAa5ut#paramountcy", "label": "Arrangement Agreement (Safety Shot, Inc.)", "score": 36.0198478699, "published": true}, {"hash": "87Mb8h3buqi", "uri": "/contracts/87Mb8h3buqi#paramountcy", "label": "Arrangement Agreement (Yerbae Brands Corp.)", "score": 36.0198478699, "published": true}], "size": 26, "snippet_links": [{"key": "from-and-after-the-effective-time", "type": "clause", "offset": [0, 33]}, {"key": "plan-of-arrangement", "type": "definition", "offset": [44, 63]}, {"key": "all-rights", "type": "clause", "offset": [112, 122]}, {"key": "related-to", "type": "definition", "offset": [123, 133]}, {"key": "securities-of-the-company", "type": "definition", "offset": [138, 163]}, {"key": "prior-to-the-effective-time", "type": "clause", "offset": [171, 198]}, {"key": "holders-of-the-securities", "type": "clause", "offset": [238, 263]}, {"key": "transfer-agent", "type": "clause", "offset": [299, 313]}, {"key": "all-actions", "type": "clause", "offset": [393, 404]}, {"key": "causes-of-actions", "type": "clause", "offset": [406, 423]}, {"key": "claims-or-proceedings", "type": "clause", "offset": [425, 446]}, {"key": "based-on", "type": "definition", "offset": [510, 518]}, {"key": "relating-to", "type": "definition", "offset": [533, 544]}, {"key": "the-company-shall", "type": "clause", "offset": [559, 576]}, {"key": "without-liability", "type": "clause", "offset": [646, 663]}], "hash": "b317f102e64cafbea9f78b1321714ae9", "id": 3}, {"snippet": "In the event of any conflict or inconsistency between the provisions of this agreement and the provisions of any other Credit Document, the provisions of this agreement shall prevail and be paramount. If any covenant, representation, warranty or event of default contained in any other Credit Document is in conflict with or is inconsistent with a provision of this agreement relating to the same specific matter, such covenant, representation, warranty or event of default shall be deemed to be amended to the extent necessary to ensure that it is not in conflict with or inconsistent with the provision of this agreement relating to the same specific matter.", "samples": [{"hash": "1dVP1Oa5LIe", "uri": "/contracts/1dVP1Oa5LIe#paramountcy", "label": "Credit Agreement (New Gold Inc. /FI)", "score": 31.2464065552, "published": true}, {"hash": "6Ejd1eqHZQx", "uri": "/contracts/6Ejd1eqHZQx#paramountcy", "label": "Loan Agreement (New Gold Inc. /FI)", "score": 30.2443523407, "published": true}, {"hash": "bMlWvSRBzr4", "uri": "/contracts/bMlWvSRBzr4#paramountcy", "label": "Credit Agreement (New Gold Inc. /FI)", "score": 28.245721817, "published": true}], "size": 20, "snippet_links": [{"key": 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DISPUTE RESOLUTION A party will not commence arbitration or court proceedings (except proceedings seeking interlocutory relief) about a dispute, difference, question or claim arising out of this Agreement (\u201cDispute\u201d) unless it has complied with this clause. A party claiming a Dispute has arisen will notify the other party giving details of the Dispute (Notification). On receipt of a Notification each party will refer the Dispute for resolution by a person with authority to resolve such a dispute. If the Dispute is not resolved under clause 21.3 within thirty days (or longer period as agreed between the parties) of the Notification, the parties will refer the Dispute for mediation by the Australian Commercial Dispute Centre Limited (ACDC) for resolution in accordance with the Mediation Guidelines of the ACDC and will enter into ACDC\u2019s standard mediation agreement in force at the time this Agreement is executed by the parties, or such other mediation as is agreed by the parties. Subject to clause 21.8, if the Dispute is not resolved under clause 21.4 within thirty days (or longer period agreed by the parties) of referral to ACDC, either party may initiate proceedings in a court. Despite the existence of a dispute, each party will (unless requested not to do so) continue to perform its obligations under this Agreement. Termination of the Agreement under Clause 14 is not considered a dispute between the parties within this clause 21 and does not give rise to a right of a party to seek resolution of the matter under this clause 21. If the Contractor is not an Australian resident and the Dispute is not resolved under clause 21.4, unless otherwise agreed by both Parties: any dispute, controversy or claim arising out relating to, or in connection with this Agreement, including any question regarding its existence, validity or termination shall be resolved by arbitration in accordance with the ACICA Arbitration Rules; the seat of arbitration shall be Sydney, Australia; the number of Arbitrators shall be one; the arbitration shall be conducted in English. 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6}, {"snippet": "From and after the Effective Time:\n(a) this Plan of Arrangement shall take precedence and priority over any and all rights related to the securities of the Company issued prior to the Effective Time;\n(b) the rights and obligations of the holders of the securities of the Company and any trustee and transfer agent and registrar therefor, shall be solely as provided for in this Plan of Arrangement; and\n(c) all actions, causes of actions, claims or proceedings (actual or contingent, and whether or not previously asserted) based on or in any way relating to securities of the Company shall be deemed to have been settled, compromised, released and determined without liability except as set forth herein. BE IT RESOLVED BY SPECIAL RESOLUTION THAT:\n(1) the arrangement (the \u201cArrangement\u201d) under section 182 of the Business Corporations Act (Ontario) (the \u201cOBCA\u201d) involving Tilray Brands, Inc. (\u201cTilray\u201d) and HEXO Corp. (\u201cHEXO\u201d) and the securityholders of HEXO, all as more particularly described and set forth in the management information circular (the \u201cCircular\u201d) of HEXO accompanying the notice of this meeting (as the Arrangement may be, or may have been, modified, amended or supplemented in accordance with its terms), and all transactions contemplated thereby, are hereby authorized, approved and adopted;\n(2) the arrangement agreement (the \u201cArrangement Agreement\u201d) between Tilray and HEXO dated April 10, 2023 and all the transactions contemplated therein, the full text of which is attached as a schedule to the Circular, the actions of the directors of HEXO in approving the Arrangement and the Arrangement Agreement and the actions of the directors and officers of HEXO in executing and delivering the Arrangement Agreement and any amendments, modifications or supplements thereto and causing the performance by HEXO of its obligations thereunder, are hereby ratified and approved;\n(3) the plan of arrangement (the \u201cPlan of Arrangement\u201d) of HEXO implementing the Arrangement, the full text of which is set out in Schedule \u201cA\u201d to the Arrangement Agreement (as the Plan of Arrangement may be, or may have been, modified, amended or supplemented in accordance with its terms), is hereby authorized, approved and adopted;\n(4) HEXO is hereby authorized to apply for a final order from the Ontario Superior Court of Justice (Commercial List) (the \u201cCourt\u201d) to approve the Arrangement on the terms set forth in the Arrangement Agreement and the Plan of Arrangement (as they may be, or may have been, modified, amended or supplemented);\n(5) notwithstanding that this resolution has been passed (and the Arrangement approved) by the shareholders of HEXO entitled to vote thereon or that the Arrangement has been approved by the Court, the directors of HEXO (other than interested directors required to abstain from voting) are hereby authorized and empowered, without further notice to, or approval of, the shareholders of HEXO to:\n(a) modify, amend or supplement the Arrangement Agreement or the Plan of Arrangement to the extent permitted by the Arrangement Agreement or the Plan of Arrangement; or\n(b) subject to the terms of the Arrangement Agreement, not proceed with the Arrangement and any related transactions;\n(6) any director or officer of HEXO is \u2587\u2587\u2587\u2587\u2587\u2587 authorized and directed for and on behalf of HEXO to execute or cause to be executed and to deliver or caused to be delivered such other documents as are necessary or desirable in accordance with the Arrangement Agreement for filing; and\n(7) any one or more directors or officers of HEXO is hereby authorized, for and on behalf and in the name of HEXO, to execute or caused to be executed and deliver or cause to be delivered, whether under corporate seal of HEXO or otherwise, all such agreements, forms, waivers, notices, certificate, confirmations 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Practically, this means that if there is a contradiction between this contract and, for example, a purchase order or a set of standard terms, the provisions of this contract will override the others. The core function of the paramountcy clause is to ensure clarity and avoid disputes by clearly identifying which document's terms are controlling in case of conflicting provisions."}, "json": true, "cursor": ""}}