Common use of Special Majority Clause in Contracts

Special Majority. For the purposes of these Articles and the Business Corporations Act, the majority of votes required for the Company to pass a special resolution at a meeting of shareholders is two-thirds (⅔) of the votes cast on the resolution.

Special Majority. For the purposes of these Articles and the Business Corporations Act, the majority of votes required for the Company to pass a special resolution at a meeting of shareholders is two-thirds (⅔) of the votes cast on the resolutionresolution in person or by proxy.