Special Mandate definition

Special Mandate means the authority granted to the Directors to allot and issue the Subscription Shares under the this Agreement;
View Source
Special Mandate the special mandate to be granted by the Shareholders to the Directors at the SGM to allot and issue up to a maximum of 100,000,000 Shares by way of placing at the Placing Price to not less than 6 placees who and whose ultimate beneficial owner(s) are independent of and not connected with the Company and its connected persons under the New Placing Agreement; “Specified Percentage” such percentage of not higher than 100% and not lower than 80% as may be agreed between the Company and the Placing Agent in writing;
View Source
Special Mandate the special mandate to allot, issue and deal with the aggregate number of the Draw Down Shares, the Activation Shares, the Implementation Shares and the Warrant Shares, to be approved and granted to the Board by the Shareholders at the SGM
View Source

Examples of Special Mandate in a sentence

  • The present Trust Agreement may be amended by the Technical Committee, in exercise of the Special Mandate that was granted to it under the terms of Clause Nine, paragraph (d) of this Agreement, as responsible for its actions to safeguard the interests and benefits of the Trustors-Trustees.

  • Osage and Gold entered into certain Special Mandate Agreement (the “Mandate Agreement”) dated July 21st, 2007 and under said agreement Gold agreed to act as “Agent” of Osage for the execution of operations under Phase 1 Exploration Program of the Rosablanca License and such Agreement expired on January 2nd, 2009 to the satisfaction of Osage.

  • This Trust contract may be modified by the Technical Committee, in exercising the Special Mandate that was granted in its favor under the terms of Section Nine, paragraph (d) of this contract, being responsible for its performance in safeguarding the interests and benefits of the Trustors-Beneficiaries.

  • Under the Agreement, subject to the grant of the listing of, and permission to deal in, the Warrant Shares, the Company has agreed to issue to the Purchaser the Warrants forthwith after the Special Mandate is granted.

  • As a result of entering into the Supplemental Agreement, the Special Mandate covering the allotment and issue of the Draw Down Shares, the Activation Shares and the Implementation Shares under the Agreement (as amended by the Supplemental Agreement) will be sought at the SGM.


More Definitions of Special Mandate

Special Mandate. ’ means the special mandate to be granted to the Directors at
View Source