Common use of Unanimous Shareholder Agreement Clause in Contracts

Unanimous Shareholder Agreement. (a) This Agreement shall be a unanimous shareholder agreement pursuant to Section 108 of the Act and the power of the directors to manage or supervise the management of the business and affairs of the Corporation is restricted in accordance with the terms of this Agreement.

Appears in 7 contracts

Samples: Unanimous Shareholder Agreement, Unanimous Shareholder Agreement, Unanimous Shareholder Agreement

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Unanimous Shareholder Agreement. (a) This Agreement shall is intended to be a unanimous shareholder agreement pursuant to Section 108 of the Act and Company within the power meaning of Section 146 of the CBCA. To the extent that this Agreement specifies that any matter may only be, or shall be, dealt with or approved by or requires action by a Shareholder or the Shareholders, the powers of the directors of the Company to manage or supervise the management of the business and affairs of the Corporation is restricted in accordance Company with the terms of this Agreementrespect to those matters are correspondingly restricted.

Appears in 2 contracts

Samples: Shareholders Agreement (Loral Space & Communications Inc.), Asset Transfer Agreement (Loral Space & Communications Inc.)

Unanimous Shareholder Agreement. (an) This Agreement shall be a unanimous shareholder agreement pursuant to Section 108 of the Act and the power of the directors to manage or supervise the management of the business and affairs of the Corporation is restricted in accordance with the terms of this Agreement.

Appears in 2 contracts

Samples: Unanimous Shareholder Agreement, Unanimous Shareholder Agreement

Unanimous Shareholder Agreement. (a) This Agreement shall is deemed to be a unanimous shareholder shareholders’ agreement pursuant to Section 108 within the meaning of the Act Act, and the power of the directors Board to manage or supervise the management of the business and affairs of the Corporation is restricted in accordance with the terms of this Agreement.

Appears in 2 contracts

Samples: Unanimous Shareholders Agreement (Camber Energy, Inc.), Unanimous Shareholders Agreement (Viking Energy Group, Inc.)

Unanimous Shareholder Agreement. (a) This Agreement is intended and shall be deemed to be a unanimous shareholder agreement pursuant to Section 108 within the meaning of the Act and the power powers of the directors Directors to manage or supervise the management of the business and affairs of the Corporation is restricted in accordance with the terms of this Agreement.

Appears in 1 contract

Samples: Shareholders Agreement

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Unanimous Shareholder Agreement. (a) This Agreement shall be is a unanimous shareholder agreement pursuant to Section 108 within the meaning of the Act and Business Corporations Act. To the power extent that this Agreement specifies that any matter may only be or shall be dealt with or approved by or requires action by the Shareholders, the powers of the directors of the Corporation to manage or and supervise the management of the business and affairs of the Corporation is restricted in accordance with the terms of this Agreementrespect to those matters are correspondingly restricted.

Appears in 1 contract

Samples: Unanimous Shareholder Agreement (Ashton Technology Group Inc)

Unanimous Shareholder Agreement. (a) This Agreement shall is intended to be and is a unanimous shareholder agreement pursuant to Section 108 agreement” within the meaning of the Act Act. The rights, powers and the power duties of the directors of the Corporation to manage or manage, and to supervise the management of of, the business and affairs of the Corporation is are restricted to the extent provided for in accordance with this Agreement and the terms of this AgreementShareholders shall assume all those rights, powers and duties.]

Appears in 1 contract

Samples: Model Shareholder Agreement

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