RTL Shareholder SVC definition
Examples of RTL Shareholder SVC in a sentence
If at any time default is made by RTP or RTL in the performance or observance of any obligation or other provision binding on it under or pursuant to this Agreement and owed to RTL Shareholder SVC, RTL Shareholder SVC shall institute such proceedings as it may reasonably consider to be appropriate in relation to any such default and shall not be obliged to give notice of its intention to do so.
Any such opinion, advice or information may be sought or obtained by letter, facsimile, telegram, telex or cable and RTL Shareholder SVC shall not be liable for acting on any opinion, advice or information or for acting on, implementing and giving effect to any decision, determination or adjustment purporting to be conveyed by any such letter, facsimile, telegram, telex or cable appearing on its face to be authentic although the same shall contain an error or shall not be authentic.
Each of RTL and RTP agrees with the other and RTL Shareholder SVC that any Relevant RTP Constitutional Amendment shall be submitted for approval to a separate general meeting of holders of RTL Ordinary Shares and to a general meeting of RTP shareholders at which RTL Shareholder SVC shall vote or abstain from voting in accordance with the provisions of this Clause 5.
Each of RTL and RTP agrees with the other and with RTL Shareholder SVC that any Joint Decision Matter shall be submitted for approval by a resolution of the company affected by the matter and by an equivalent resolution of the other company, each by the same majority (i.e. both by ordinary or both by special resolution) to separate meetings of the shareholders of both RTL and RTP, whether or not such approval is required by law, the rules of any relevant stock exchange or otherwise.
Each of Law Debenture, RTL Shareholder SVC, RTP and RTL hereby acknowledges and agrees with each other that damages would not be an adequate remedy for the breach of any provision of this Agreement and, accordingly, each shall be entitled to the remedies of injunction, specific performance and other equitable remedy for any such threatened or actual breach.