Common use of Reconfirmation Clause in Contracts

Reconfirmation. (a) Notwithstanding the confirmation of this Agreement and its continued existence pursuant to Section 5.15, this Agreement (as may be amended and restated) and its continued existence must be reconfirmed by a resolution passed by a majority of greater than 50% of the votes cast by all holders of Common Shares who vote in respect of such reconfirmation (other than any holder who does not qualify as an Independent Shareholder, with respect to all Common Shares Beneficially Owned by such Person) at the 2012 AGM. If the Agreement and its continued existence are not so reconfirmed or are not presented for reconfirmation at the 2012 AGM, this Agreement and all outstanding Rights shall terminate and be of no further force and effect on and from the close of the 2012 AGM; provided that termination shall not occur if a Flip-In Event has occurred (other than a Flip-In Event in respect of which the application of section 3.1 has been waived pursuant to section 5.1) prior to the date upon which this Agreement would otherwise terminate pursuant to this subsection 5.16(a).

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement (Hemisphere Energy Corp)

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Reconfirmation. (a) Notwithstanding the confirmation of this Agreement and its continued existence pursuant to Section 5.155.16, this Agreement (as may be amended and restated) and its continued existence must be reconfirmed by a resolution passed by a majority of greater than 50% of the votes cast by all holders of Common Shares who vote in respect of such reconfirmation (other than any holder who does not qualify as an Independent Shareholder, with respect to all Common Shares Beneficially Owned by such Person) at the 2012 2013 AGM. If the Ifthe Agreement and its continued existence are is not so reconfirmed or are is not presented for reconfirmation at the 2012 2013 AGM, this Agreement and all outstanding Rights shall terminate and be of no further force and effect on and from the close of the 2012 2013 AGM; provided that termination shall not occur if a Flip-In Event has occurred (other than a Flip-In Event in respect of which the application of section 3.1 has been waived pursuant to section 5.1subsection 5.l(d), (e) or (f) hereof) prior to the date upon which this Agreement would otherwise terminate pursuant to this subsection 5.16(a)Section 5.17.

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement (Rio Alto Mining LTD)

Reconfirmation. (a) Notwithstanding the confirmation of this Agreement and its continued existence pursuant to Section 5.15, this Agreement (as may be amended and restated) and its continued existence must be reconfirmed by a resolution passed by a majority of greater than fifty percent (50% %) of the votes cast by all holders of Common Shares who vote in respect of such reconfirmation (other than any holder who does not qualify as an Independent Shareholder, with respect to all Common Shares Beneficially Owned by such Person) at the 2012 2013 AGM. If the Agreement and its continued existence are not so reconfirmed or are not presented for reconfirmation at the 2012 2013 AGM, this Agreement and all outstanding Rights shall terminate and be of no further force and effect on and from the close of the 2012 2013 AGM; provided that termination shall not occur if a Flip-In Event has occurred (other than a Flip-In Event in respect of which the application of section 3.1 has been waived pursuant to section 5.1) prior to the date upon which this Agreement would otherwise terminate pursuant to this subsection 5.16(a).

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement (Uranerz Energy Corp.)

Reconfirmation. (a) Notwithstanding the confirmation of this Agreement and its continued existence pursuant to Section section 5.15, this Agreement (as may be amended and restated) and its continued existence must be reconfirmed by a resolution passed by a majority of greater than fifty percent (50% %) of the votes cast by all holders of Common Shares who vote in respect of such reconfirmation (other than any holder who does not qualify as an Independent Shareholder, with respect to all Common Shares Beneficially Owned by such Person) at the 2012 2014 AGM. If the Agreement and its continued existence are not so reconfirmed or are not presented for reconfirmation at the 2012 2014 AGM, this Agreement and all outstanding Rights shall terminate and be of no further force and effect on and from the close of the 2012 2014 AGM; provided that termination shall not occur if a Flip-In Event has occurred (other than a Flip-In Event in respect of which the application of section 3.1 has been waived pursuant to section 5.1) prior to the date upon which this Agreement would otherwise terminate pursuant to this subsection section 5.16(a).

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement (Endeavour Silver Corp)

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Reconfirmation. (a) Notwithstanding the confirmation of this Agreement and its continued existence pursuant to Section 5.15, this Agreement (as may be amended and restated) and its continued existence must be reconfirmed by a resolution passed by a majority of greater than fifty percent (50% %) of the votes cast by all holders of Common Shares who vote in respect of such reconfirmation (other than any holder who does not qualify as an Independent Shareholder, with respect to all Common Shares Beneficially Owned by such Person) at the 2012 AGM2029 Annual Meeting. If the Agreement and its continued existence are not so reconfirmed or are not presented for reconfirmation at the 2012 AGM2029 Annual Meeting, this Agreement and all outstanding Rights shall terminate and be of no further force and effect on and from the close of the 2012 AGM2027 Annual Meeting; provided that termination shall not occur if a Flip-In Event has occurred (other than a Flip-In Event in respect of which the application of section 3.1 has been waived pursuant to section 5.1) prior to the date upon which this Agreement would otherwise terminate pursuant to this subsection 5.16(a8.16(a).

Appears in 1 contract

Samples: Rights Agreement (Cosmos Health Inc.)

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