Common use of Reconfirmation Clause in Contracts

Reconfirmation. ‌ This Agreement must be reconfirmed by a resolution passed by a majority of greater than 50% of the votes cast by the Independent Unitholders in each case present in person or voting by proxy at a meeting of those unitholders of the Partnership who vote in respect of such reconfirmation at every third annual meeting following the meeting at which this Agreement is confirmed or such earlier time as may be required by any applicable stock exchange or regulatory authority. If the Agreement is not so reconfirmed or is not presented for reconfirmation at such meetings of holders of Units, the Agreement and all outstanding Rights shall terminate and be void and of no further force and effect on and from the date of termination of the annual meeting; provided that termination shall not occur if a Flip-in Event has occurred (other than a Flip-in Event which has been waived pursuant to Section 5.2) prior to the date upon which this Agreement would otherwise terminate pursuant to this Section 5.17.

Appears in 3 contracts

Samples: Unitholder Rights Plan Agreement, Unitholder Rights Plan Agreement, Unitholder Rights Plan Agreement

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Reconfirmation. ‌ This Notwithstanding the confirmation of this Agreement pursuant to Section 5.16, this Agreement must be reconfirmed by a resolution passed by a majority of greater than 50% of the votes cast by the Independent Unitholders Shareholders in each case present in person or voting by proxy at a meeting of those unitholders shareholders of the Partnership Corporation who vote in respect of such reconfirmation at every third annual meeting following the meeting at which this Agreement is confirmed or such earlier time as may be required by any applicable stock exchange or regulatory authoritypursuant to Section 5.16. If the Agreement is not so reconfirmed or is not presented for reconfirmation at such meetings of holders of Unitsannual meeting, the Agreement and all outstanding Rights shall terminate and be void and of no further force and effect on and from the date of termination of the annual meeting; provided that termination shall not occur if a Flip-in Event has occurred (other than a Flip-in Event which has been waived pursuant to Section Subsection 5.2) ), prior to the date upon which this Agreement would otherwise terminate pursuant to this Section 5.17.

Appears in 2 contracts

Samples: Shareholder Rights Plan Agreement (Ivanhoe Mines LTD), Shareholder Rights Plan Agreement (Ivanhoe Mines LTD)

Reconfirmation. This Agreement must be reconfirmed by a resolution passed by a majority of greater than 50% of the votes cast by the Independent Unitholders in each case present in person or voting by proxy at a meeting of those unitholders of the Partnership who vote in respect of such reconfirmation at every third annual meeting following the meeting at which this Agreement is confirmed or such earlier time as may be required by any applicable stock exchange or regulatory authority. If the Agreement is not so reconfirmed or is not presented for reconfirmation at such meetings of holders of Units, the Agreement and all outstanding Rights shall terminate and be void and of no further force and effect on and from the date of termination of the annual meeting; provided that termination shall not occur if a Flip-in Event has occurred (other than a Flip-in Event which has been waived pursuant to Section 5.2) prior to the date upon which this Agreement would otherwise terminate pursuant to this Section 5.17.

Appears in 2 contracts

Samples: Unitholder Rights Plan Agreement, Rights Plan Agreement

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Reconfirmation. This Agreement must be reconfirmed by a resolution passed by a majority of greater than 50% of the votes cast by the Independent Unitholders Shareholders in each case present in person or voting by proxy at a meeting of those unitholders shareholders of the Partnership Corporation who vote in respect of such reconfirmation at every third annual meeting following the meeting at which this Agreement is confirmed Effective Date or such earlier time as may be required by any applicable stock exchange or regulatory authority. If the Agreement is not so reconfirmed or is not presented for reconfirmation at such meetings of holders of UnitsShares, the Agreement and all outstanding Rights shall terminate and be void and of no further force and effect on and from the date of termination of the annual meeting; provided that termination shall not occur if a Flip-in Event has occurred (other than a Flip-in Event which has been waived pursuant to Section 5.2) prior to the date upon which this Agreement would otherwise terminate pursuant to this Section 5.17.

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement

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