Capital Reduction Resolution definition

Capital Reduction Resolution means the resolution approving a return of capital distribution to the holders of our class A exchangeable shares and our class B shares and corresponding reductions to the authorized and issued share capital of the company in the amount necessary to permit the Special Distribution to be effected as a reduction of capital, as more particularly described in the Circular, the full text of which is set out in Appendix “A” – “Resolutions to be Approved at the Meeting” to the accompanying Circular;
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Capital Reduction Resolution means the resolution of Members approving the reduction of capital of Strata in accordance with the provisions of Section 256C(1) of the Corporations Act pursuant to which the Shares shall be cancelled without any distribution of assets to the holders thereof;
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Capital Reduction Resolution means a special resolution of the Zazu Shareholders reducing its stated capital attributable to the Zazu Shares by an amount that is not represented by realizable assets in accordance with Section 38 of the CBCA;
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Examples of Capital Reduction Resolution in a sentence

  • MIS Holders are entitled to vote on the Capital Reduction Resolution.

  • Capital Reduction Resolution means the resolution of NIB Health Funds to selectively reduce its capital as set out in schedule 7 of the Demutualisation Implementation Deed.

  • Pursuant to Section 78D(2) of the Companies Act, any creditor of the Company may, at any time during the six (6) weeks beginning with the date of passing of the Capital Reduction Resolution, apply to the Singapore Courts for the Capital Reduction Resolution to be cancelled.

  • Capital Reduction Resolution an ordinary resolution to approve the Capital Reduction pursuant to section 256C(1) of the Corporations Act.

  • Capital Reduction Meeting means the extraordinary general meeting of NIB Health Funds to consider the Capital Reduction Resolution.

  • If you use your Medicare card instead of your BSW SeniorCare Advantage Select Rx (HMO) membership card, you may have to pay the full cost of medical services yourself.

  • The purpose of this document is to provide you with details of, and the reasons for, the Capital Reduction, the Capital Reduction Resolution and the Approving Resolution to be proposed at the Annual General Meeting.

  • General Meeting the general meeting of Cerro Shareholders to be held immediately before the Scheme Meetings at which the Capital Reduction Resolution (and any other resolutions as required) will be considered.

  • As the Annual General Meeting will be held on 22 November 2017, the Exposure Period will have ended by the time the In-specie Distribution occurs, assuming Shareholders approve the Capital Reduction Resolution.

  • The Proposed Capital Reduction is subject to certain conditions, including Shareholders’ approval for the Capital Reduction Resolution (as defined hereinafter) at an extraordinary general meeting of the Company to be convened.


More Definitions of Capital Reduction Resolution

Capital Reduction Resolution means a special resolution of the Lake Shore Shareholders reducing its stated capital attributable to the Lake Shore Shares by an amount that is not represented by realizable assets in accordance with Section 38 of the CBCA;
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Capital Reduction Resolution means the resolution of SMX Shareholders to approve the Capital Reduction in the form approved by Lionheart in writing;
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Capital Reduction Resolution means the special resolution to cancel the Euramax Shares, to be proposed at the Extraordinary General Meeting;
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Capital Reduction Resolution means the special resolution to be presented to the Trimble Shareholders at the Meeting to approve the Capital Reduction;
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Capital Reduction Resolution means the resolution that holders of Brookfield Reinsurance Class A Shares and Brookfield Reinsurance Class B Shares will be asked to consider and, if deemed advisable, pass at the Brookfield Reinsurance Meeting approving a Table of Contents return of capital on each of the Brookfield Reinsurance Class A Shares and Brookfield Reinsurance Class B Shares, and corresponding reductions to the share capital of Brookfield Reinsurance in the amount necessary to permit the Special Distribution to be effected as a capital reduction resulting in a return of capital.
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Related to Capital Reduction Resolution

  • Master Resolution means the Amended and Restated Master Resolution Establishing The University of Texas System Revenue Financing System adopted by the Board on February 14, 1991, as amended on October 8, 1993, and August 14, 1997.

  • Special Resolution means a resolution passed by a majority of not less than two-thirds (2/3) of the votes cast on that resolution.

  • unanimous resolution means, subject to subsection (3) -

  • Single Series Extraordinary Resolution means a resolution passed at a meeting of Noteholders duly convened and held in accordance with the procedures prescribed by the Issuer and the Fiscal Agent pursuant to Condition 14(a) (Convening Meetings of Noteholders; Conduct of Meetings of Noteholders; Written Resolutions) by a majority of:

  • Series Resolution or “this Resolution” means this Resolution authorizing the issuance and sale of the Series 2020 Bonds in one or more series or sub-series, and including the applicable Certificate of Award for any such series.

  • Multiple Series Single Limb Extraordinary Resolution means a resolution considered at separate Meetings of the holders of each affected series of Debt Securities Capable of Aggregation, duly convened and held in accordance with the procedures prescribed by the Issuer and the Fiscal Agent pursuant to Condition 12(a) (Convening Meetings of Noteholders; Conduct of Meetings of Noteholders; Written Resolutions), as supplemented if necessary, which is passed by a majority of at least 75 per cent. of the aggregate principal amount of the outstanding debt securities of all affected series of Debt Securities Capable of Aggregation (taken in aggregate).

  • Amalgamation Resolution means the special resolution of the Shareholders concerning the Amalgamation to be considered at the Meeting, substantially in the form set out in Appendix A to the Circular;

  • Supplemental Resolution means any resolution or resolutions of the Trust amending, modifying or supplementing this Bond Resolution, authorizing the issuance of a Series of Refunding Bonds, or any other Supplemental Resolution adopted by the Trust pursuant to the provisions of this Bond Resolution.

  • Arrangement Resolution means the special resolution approving the Plan of Arrangement to be considered at the Company Meeting, substantially in the form of Schedule B.

  • Multiple Series Two Limb Extraordinary Resolution means a resolution considered at separate meetings of the holders of each affected series of Debt Securities Capable of Aggregation, duly convened and held in accordance with the procedures prescribed by the Russian Federation pursuant to Condition 12(b), as supplemented if necessary, which is passed by a majority of:

  • Extraordinary Resolution has the meaning set forth in Section 7.11(1);

  • Certified Resolution means a copy of a resolution of the Board of Directors of the Company, certified by the Secretary or an Assistant Secretary of the Company to have been duly adopted and to be in full force and effect on the date of such certification.

  • Initial Resolution Period As defined in Section 2.03(b).

  • Borrowing Resolutions are, with respect to any Person, those resolutions substantially in the form attached hereto as Exhibit D.

  • Technical Advisory Committee means the external committee to be established and appointed by the Steering Committee to provide technical input for decisions to be taken by the Steering Committee; and

  • Resolution shall have the meaning specified in Section 8(E).

  • Ordinary Resolution means a resolution passed by a simple majority of the Members as, being entitled to do so, vote in person or, where proxies are allowed, by proxy at a general meeting, and includes a unanimous written resolution. In computing the majority when a poll is demanded regard shall be had to the number of votes to which each Member is entitled by the Articles.

  • Relevant Potential Change of Control Announcement means any public announcement or statement by the Issuer, any actual or potential bidder or any adviser acting on behalf of any actual or potential bidder relating to any potential Change of Control where within 180 days following the date of such announcement or statement, a Change of Control occurs.

  • Resolution Date means the date the funded amount, plus the

  • Alternative Proposal has the meaning set forth in Section 6.2(b).

  • resolution plan means a plan proposed by resolution applicant for insolvency resolution of the corporate debtor as a going concern in accordance with Part II;

  • U.S. Special Resolution Regime means each of (i) the Federal Deposit Insurance Act and the regulations promulgated thereunder and (ii) Title II of the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act and the regulations promulgated thereunder.

  • Informal resolution means options for resolving a formal complaint that do not involve a full investigation and adjudication. Informal resolution may encompass a broad range of conflict resolution strategies, including mediation or restorative justice.

  • U.S. Special Resolution Regimes has the meaning specified in Section 11.21.

  • Resolution of Directors means either:

  • Multiple Series Single Limb Written Resolution means each resolution in writing (with a separate resolution in writing or multiple separate resolutions in writing distributed to the holders of each affected series of Debt Securities Capable of Aggregation, in accordance with the applicable bond documentation) which, when taken together, has been signed or confirmed in writing by or on behalf of the holders of at least 75 per cent. of the aggregate principal amount of the outstanding debt securities of all affected series of Debt Securities Capable of Aggregation (taken in aggregate). Any Multiple Series Single Limb Written Resolution may be contained in one document or several documents in substantially the same form, each signed or confirmed in writing by or on behalf of one or more Noteholders or one or more holders of each affected series of debt securities.