Examples of MEC Class A Shares in a sentence
MEC hereby represents, warrants and covenants that the MEC Class A Shares issuable as described herein will be duly authorized and validly issued as fully paid and non-assessable and shall be free and clear of any lien, claim or encumbrance.
In furtherance of its obligations under sections 2.1(d) and (e) hereof, upon notice from Exchangeco of any event that requires Exchangeco to cause to be delivered MEC Class A Shares to any holder of Exchangeable Shares, MEC shall forthwith issue and deliver or cause to be delivered to Exchangeco the requisite number of MEC Class A Shares to be received by, and issued to or to the order of, the former holder of the surrendered Exchangeable Shares, as Exchangeco shall direct.
A Joint meeting between the two parishes of Ince Blundell and Hightown was held at St Stephens Hall, Hightown, on Wednesday 28th August 2014 at which agreement was reached, subject to public consultation, to support the proposed scheme.
MEC will in good faith expeditiously take all such actions and do all such things as are reasonably necessary or desirable to cause all MEC Class A Shares (or such other shares or securities) to be delivered hereunder to be listed, quoted or posted for trading on all stock exchanges and quotation systems on which outstanding MEC Class A Shares (or such other shares or securities) have been listed by MEC and remain listed and are quoted or posted for trading at such time.
For greater certainty, nothing contained in this Agreement, including without limitation the obligations of MEC contained in section 2.8 hereof, shall limit the ability of MEC or Exchangeco to make a "Rule x0x-00 Xxxxxxxx" of MEC Class A Shares pursuant to Rule 10b-18 of the U.S. Securities Exchange Act of 1934, as amended, or any successor provisions thereof.
Council Member Smith asked how they would determine what the maximum size should be for a church.
Concurrently with a Holder ceasing to be a holder of Exchangeable Shares, the Holder shall be considered and deemed for all purposes to be the holder of the MEC Class A Shares delivered to it pursuant to the Exchange Right.
MEC will send to Holders all proxy materials (including notices of MEC Meetings, but excluding proxies to vote MEC Class A Shares), information statements, reports (including without limitation, all interim and annual financial statements) and other written communications that, in each case, are to be distributed from time to time to holders of MEC Class A Shares at the same time as such materials are first sent to holders of MEC Class A Shares.
Magna may satisfy this obligation by exercising voting rights attaching to MEC Class A Shares or MEC Class B Shares held by and registered in the name of Magna, except in the case of a Class Vote in which case Magna shall satisfy this obligation by exercising votes attaching to MEC Class A Shares held by and registered in the name of Magna.
In the event of a Class Vote, Magna shall convert MEC Class B Shares held by it into MEC Class A Shares, if and to the extent necessary to enable Magna to cast one vote attaching to an MEC Class A Share for each Exchangeable Share in respect of which it has received Voting Instructions, or to deliver a proxy in respect of an MEC Class A Share to each Holder who has validly requested one.