Examples of Outstanding Voting Securities in a sentence
Outstanding Voting Securities (1) For each class of voting securities of the venture issuer entitled to be voted at the meeting, state the number of securities outstanding and describe the voting rights.
Name of Shareholder Securities Owned, Controlled or Directed Percentage of Class of Outstanding Voting Securities of the Corporation(1)Fairfax Financial Holdings Limited Notes:(1) Based on 264,330,297 Common Shares issued and outstanding as at the date hereof.(2) 4,000,000 Common Shares are held by Federated Insurance Company of Canada, 26,625,901 Common Shares are held by Northbridge General Insurance Corporation, and 13,400,000 Common Shares are held by Northbridge Financial Corporation.
POWER light.This indicates that power is being supplied to the set.
As a result, because the proposal requires the affirmative vote of a Majority of the Outstanding Voting Securities, as defined above, abstentions will have the effect of a vote against the proposal.Broker non-votes, if any, will also be considered present for purposes of determining the existence of a quorum but will be disregarded in determining the votes cast on the proposal.
A Change in Control shall also be deemed to have occurred upon the completion of a tender offer for the REIT’s securities representing more than 50% of the Outstanding Voting Securities, other than a tender offer by a Qualified Affiliate.