Carnival Special Voting Share definition
Examples of Carnival Special Voting Share in a sentence
Subject to clause 16.2, Carnival SVC agrees with P&O Princess and Carnival that it shall not deal with the Carnival Special Voting Share or any interest in (or right attaching to) such share without the prior written consent of both Carnival and P&O Princess, such consent to be in the absolute discretion of Carnival and P&O Princess.
Pending notification, Carnival SVC shall have no obligation whatsoever in respect of the Carnival Special Voting Share or under this Deed except that Carnival SVC must not Deal with the Carnival Special Voting Share or any interest in, or right attaching to, that share other than in accordance with such notification, which is to be given within 6 months after the date of termination of this Deed and must be given in writing in accordance with clause 17.4.
Upon termination of this Deed in accordance with clause 16.1, Carnival SVC shall promptly, upon being requested to do so, transfer the Carnival Special Voting Share to such person as the Board of Carnival directs it to in writing.
No transfer of the Carnival Special Voting Share shall be effective unless and until the transferee of such share, as consented to by Carnival and P&O Princess, has agreed to be bound by this Deed or entered into a deed on equivalent terms.
If given notice under clause 17.5 to do so by a duly authorised officer of P&O Princess and by a duly authorised officer of Carnival, DLC SVC shall, within two months after receipt of such notice transfer the Carnival Special Voting Share to such person as notified to in the aforementioned notice (the "Novated Person").
For as long as Carnival SVC is registered as the holder of the Carnival Special Voting Share, the Carnival SVC Owner, Carnival and P&O Princess agree that the Carnival SVC will have only one member, being the Carnival SVC Owner, and that Carnival SVC shall maintain its status as a limited liability company under the laws of England and Wales.
For as long as Carnival SVC shall be registered as the holder of the Carnival Special Voting Share and P&O Princess SVC shall be the registered holder of the P&O Princess Special Voting Share, [.], Carnival and P&O Princess agree that the SVCs will have only one member, being [.], and that Carnival SVC shall maintain its status as a limited liability company under the laws of England and Wales and P&O Princess SVC shall maintain its status as a limited liability company under the laws of England and Wales.
For as long as DLC SVC is registered as the holder of the Carnival Special Voting Share, the DLC SVC Owner, Carnival and P&O Princess agree that the DLC SVC will have only one member, being the DLC SVC Owner, and that DLC SVC shall maintain its status as a limited liability company under the laws of England and Wales.
Each of P&O Princess and Carnival agrees with the other that any resolution proposed at a meeting of its shareholders in relation to which the holder of the P&O Princess Special Voting Share, or the holder of the Carnival Special Voting Share, is or may be entitled to vote shall be decided on by a poll (i.e. by tabulation of individual votes) and not, for the avoidance of doubt, on a show of hands.
For as long as Carnival SVC shall be registered as the holder of the Carnival Special Voting Share and P&O Princess SVC shall be the registered holder of the P&O Princess Special Voting Share, the board of directors of each of the SVCs shall comprise such persons as are appointed or approved by [.].