Remaining Directors Power to Act. The directors may act notwithstanding any vacancy in the board of directors, but if the Company has fewer directors in office than the number set pursuant to these Articles as the quorum of directors, the directors may only act for the purpose of appointing directors up to that number or of summoning a meeting of shareholders for the purpose of filling any vacancies on the board of directors or, subject to the Business Corporations Act, for any other purpose.
Appears in 29 contracts
Samples: Business Combination Agreement (Plum Acquisition Corp. III), Business Combination Agreement (Screaming Eagle Acquisition Corp.), Business Combination Agreement (Jupiter Acquisition Corp)
Remaining Directors Power to Act. The directors may act notwithstanding any vacancy in the board of directors, but if the Company has fewer directors in office than the number set pursuant to these Articles as the quorum of directors, the directors may only act for the purpose of appointing directors up to that number or of summoning calling a meeting of shareholders for the purpose of filling any vacancies on the board of directors or, subject to the Business Corporations Act, for any other purpose.
Appears in 22 contracts
Samples: Incorporation Agreement With Articles, Incorporation Agreement (QualTek Wireline LLC), Business Combination Agreement
Remaining Directors Power to Act. 14.6 The directors may act notwithstanding any vacancy in the board of directors, but if the Company has fewer directors in office than the number set pursuant to these Articles as the quorum of directors, the directors may only act for the purpose of appointing directors up to that number or of summoning calling a meeting of shareholders for the purpose of filling any vacancies on the board of directors or, subject to the Business Corporations Act, for any other purpose.. Shareholders May Fill Vacancies
Appears in 15 contracts
Samples: Amalgamation Agreement, Amalgamation Agreement, Rights Agreement (Brookfield Infrastructure Partners L.P.)
Remaining Directors Power to Act. The directors may act notwithstanding any vacancy in the board of directors, but if the Company has fewer directors in office than the number set pursuant to these Articles as the quorum of directors, the directors may only act for the purpose of appointing directors up to that number or for the purpose of summoning a meeting of shareholders for the purpose of filling to fill any vacancies on the board of directors or, subject to or for any other purpose permitted by the Business Corporations Act, for any other purpose.
Appears in 7 contracts
Samples: Amalgamation Agreement (Asep Medical Holdings Inc.), Amalgamation Agreement, Amalgamation Agreement (Blox, Inc.)
Remaining Directors Power to Act. 14.6 The directors may act notwithstanding any vacancy in the board of directors, but if the Company has fewer directors in office than the number set pursuant to these Articles as the quorum of directors, the directors may only act for the purpose of appointing directors up to that number or of summoning calling a meeting of shareholders for the purpose of filling any vacancies on the board of directors or, subject to the Business Corporations Act, for any other purpose.
Appears in 4 contracts
Samples: Business Combination Agreement (Plum Acquisition Corp. III), Rights Agreement (Brookfield Business Partners L.P.), Rights Agreement (Brookfield Business Partners L.P.)
Remaining Directors Power to Act. The remaining directors may act notwithstanding any vacancy in the board of directorsboard, but if the Company has fewer directors in office than and so long as the number set is reduced below the number fixed pursuant to these Articles as the necessary quorum of directors, the remaining directors may only act for the purpose of appointing increasing the number of directors up to that number number, or of summoning a general meeting of shareholders the Company, but for the purpose of filling any vacancies on the board of directors or, subject to the Business Corporations Act, for any no other purpose.
Appears in 3 contracts
Samples: Registration Rights Agreement (Mechanical Technology Inc), Business Combination Agreement (Acreage Holdings, Inc.), Business Combination Agreement
Remaining Directors Power to Act. The directors may act notwithstanding any vacancy in the board of directors, but if . If the Company has fewer directors in office than the number set pursuant to these Articles as the quorum of directors, the directors may only act for the purpose of appointing directors up to that number or of summoning a meeting of shareholders for the purpose of filling any vacancies on the board of directors or, subject to the Business Corporations Act, for any other purpose.
Appears in 2 contracts
Samples: Merger Agreement, Amalgamation Agreement
Remaining Directors Power to Act. β The directors may act notwithstanding any vacancy in the board of directors, but if the Company has fewer directors in office than the number set pursuant to these Articles as the quorum of directors, the directors may only act for the purpose of appointing directors up to that number or of summoning a meeting of shareholders for the purpose of filling any vacancies on the board of directors or, subject to the Business Corporations Act, for any other purpose.
Appears in 2 contracts
Samples: Amalgamation Agreement, Amalgamation Agreement
Remaining Directors Power to Act. The directors may act notwithstanding any vacancy in the board of directors, but if the Company has fewer directors in office than the number set pursuant to these Articles as the quorum of directors, the directors may only act for the purpose of appointing directors up to that number or of summoning a meeting of shareholders for the purpose of filling any vacancies on the board of directors or, subject to the Business Corporations Act, for any other purpose.
Appears in 1 contract
Samples: Business Combination Agreement (Schultze Special Purpose Acquisition Corp.)
Remaining Directors Power to Act. β The directors may act notwithstanding any vacancy in the board of directors, but if the Company has fewer directors in office than the number set pursuant to these Articles as the quorum of directors, the directors may only act for the purpose of appointing directors up to that number or of summoning calling a meeting of shareholders for the purpose of filling any vacancies on the board of directors or, subject to the Business Corporations Act, for any other purpose.
Appears in 1 contract
Samples: Business Combination Agreement
Remaining Directors Power to Act. The directors may act notwithstanding any vacancy in the board of directorsdirectors but, but if the Company has fewer directors in office than the number set pursuant to these Articles as the quorum of directors, the directors may only act for the purpose purposes of appointing directors up to that number or of number, summoning a meeting of shareholders for the purpose of filling any vacancies on the board of directors directors, or, subject to the Business Corporations Act, for any other purpose.
Appears in 1 contract
Remaining Directors Power to Act. The directors may act notwithstanding any vacancy in the board of directorsdirectors but, but if the Company has fewer directors in office than the number set pursuant to these Articles as the quorum of directors, the directors may only act for the purpose purposes of appointing directors up to that number or of number, summoning a meeting of shareholders for the purpose of filling any vacancies on the board of directors directors, or, subject to the Business Corporations Act, for any other purpose.
Appears in 1 contract
Samples: Business Combination Agreement (Acreage Holdings, Inc.)
Remaining Directors Power to Act. The directors may act notwithstanding any vacancy in the board of directors, but if the Company has fewer directors in office than the number set pursuant to these Articles as the quorum of directors, then the directors may only act for the purpose of appointing directors up to that number or of summoning a meeting of shareholders for the purpose of filling any vacancies on the board of directors or, subject to the Business Corporations Act, for any other purpose.
Appears in 1 contract
Samples: Subscription Agreement (Forbion European Acquisition Corp.)