Disproportionately Adverse definition
Disproportionately Adverse means disproportionately adverse to the interests of a shareholder as compared to any other shareholder, and “Disproportionately Adversely” shall have a corresponding meaning.
Disproportionately Adverse means disproportionately adverse to the interests of a shareholder as compared to any other shareholder, and “Disproportionately Adversely” shall have a corresponding meaning. “Dispute” has the meaning ascribed to such term in Section 7.1(1). “Equity Plan” means any equity or equity based compensation plan of the Corporation. “Governmental Entity” means (a) any governmental or public department, central bank, court, minister, governor-in-council, cabinet, commission, tribunal, board, bureau, agency, commissioner or instrumentality, whether international, multinational, national, federal, provincial, state, municipal, local, or other; (b) any subdivision or authority of any of the above; and (c) any quasi-governmental or private body exercising any regulatory, expropriation or taxing authority under or for the account of any of the above. “Independent”, in reference to an individual board nominee, means that such individual is “independent” as determined by the Governance and Nominating Committee in accordance with Applicable Securities Laws and the rules of the NYSE; provided that with respect to service on the Audit Committee, such individual also satisfies section 1.5 of National Instrument 52-110 Audit Committees and Rule 10A-3 Listing Standards Relating to Audit Committees promulgated under the U.S. Securities Exchange Act of 1934 to implement section 3 of the U.S. ▇▇▇▇▇▇▇▇-▇▇▇▇▇ Act of 2002. “IPO” has the meaning ascribed to such term in the recitals. “IPO Prospectus” means the supplemented PREP prospectus of the Corporation dated February 2, 2021 relating to the initial public offering of Subordinate Voting Shares. “Laws” means: (a) all laws, statutes, codes, ordinances, principles of common and civil law and equity, orders, decrees, rules, regulations and municipal by-laws, whether domestic, foreign or international, (b) judicial, arbitral, administrative, ministerial, departmental and regulatory judgments, orders, writs, injunctions, decisions, rulings, decrees and awards of any Governmental Entity, and (c) policies, practices and guidelines of, or contracts with, any Governmental Entity, which, although not actually having the force of law, are considered by such Governmental Entity as requiring compliance as if having the force of law, in each case binding on or affecting the Person, or the assets of the Person, referred to in the context in which such word is used. “Mediation Notice” has the meaning ascribed to such term in Section 7.1(2). “Mult...
Examples of Disproportionately Adverse in a sentence
For purposes of clarity, an amendment to the EELP that has a more significant economic impact on Executive relative to the other Executive Officers of the Company solely by virtue of Executive's greater equity position in the Company or his greater participation rights under the EELP shall not be deemed a Disproportionately Adverse Amendment for purposes of the foregoing sentence.