Scheme Meetings definition
Examples of Scheme Meetings in a sentence
This Scheme binds Target and all of the Scheme Shareholders (including those who did not attend the Scheme Meetings to vote on this Scheme, did not vote at the Scheme Meetings, or voted against this Scheme at the Scheme Meetings) and, to the extent of any inconsistency, overrides the constitution of Target.
PacMag will, as a continuing obligation, provide to Entrée and PacMag Shareholders all such further or new information which may arise after the Scheme Booklet have been despatched until the date of the Scheme Meetings which is necessary to ensure that the PacMag Information in the Scheme Booklet is not misleading or deceptive in any material respect (whether by omission or otherwise).
Without limiting any other term of this agreement, this agreement will terminate automatically if the Scheme is not approved by the necessary majorities at both the Scheme Meetings or the EGM Resolutions (not including for this purpose the Delisting Resolution) are not approved by the necessary majority at the Extraordinary General Meeting.
After the Court has approved the Applications, the Scheme Companies will give notice of the Scheme Meetings and will provide further instructions regarding the submission of blocking instructions, votes and other information and documents required in connection with the Scheme Meetings and Schemes of Arrangement.
Until the Closing, all subscriber funds will be held by EagleBank in the Escrow Account, for the benefit of subscribers, which account shall bear interest for the benefit of subscribers, payable after the Closing, at a rate equal to EagleBank’s Fed Funds rate.