Examples of Stapling Proposal in a sentence
Subject to the Corporations Act, and if the Ordinary Shares are Officially Quoted, the Listing Rules, the Company has power to do all things which it considers are necessary, desirable or reasonably incidental to effect a Stapling Proposal and such powers apply notwithstanding, and are not limited by, any provision of this Constitution.
Without limiting Clauses 34.3 to 34.5, if the Stapling Resolution is passed by members by the requisite majorities set out in the EM and all conditions to that resolution are satisfied, Clauses 34.3 to 34.5 will take effect in respect of the Storage Fund Stapling Proposal.
Stapling: has the same meaning as in Schedule 1.Stapling Commencement Time: the most recent time and date on which the Manager determines that the Stapling Provisions commence including in accordance with clause 25.1. Stapling Proposal: a proposal to cause the Stapling of any other securities or financial products to the Units (other than the Stapling Provisions governed by Schedule 1).
The Trustee is irrevocably appointed the agent and attorney of each Holder to execute all documents and do all things which it reasonably considers are necessary or desirable to be executed or done on behalf of the Holder to give effect to the Internalisation by Stapling Proposal.
Subject to the Corporations Act, the Trustee will not have any liability to Holders that arises, directly or indirectly, from the Trustee doing or refraining from doing any act (including the execution of a document) pursuant to, or in connection with the implementation of the Internalisation by Stapling Proposal, to any greater extent than the extent to which it is entitled to be and is in fact indemnified out of the assets of the Trust Fund.
Having regard to the functions of the Trustee and without limiting anything else in this clause 21, the Trustee has power to do all things which it considers necessary, desirable or reasonably incidental to give effect to the Internalisation by Stapling Proposal and those powers apply notwithstanding, and not limited by, any other clause in this deed.
The Internalisation by Stapling Proposal binds the Trustee and all present and future Unitholders notwithstanding that particular Unitholders may not have approved the Internalisation by Stapling Proposal.
The Trustee must give effect to the Internalisation by Stapling Proposal in accordance with its terms.
The Responsible Entity will not have any liability of any nature to Unit Holders (which exceeds the extent to which it is actually indemnified out of the assets of the Trust Fund) arising, directly or indirectly, from the Responsible Entity doing or refraining from doing any act (including the execution of a document), pursuant to or in connection with the proper implementation of the Stapling Proposal.
Subject to the Corporations Act, and if the Units are Officially Quoted, the Listing Rules, the Responsible Entity has power to do all things which it considers are necessary, desirable or reasonably incidental to effect a Stapling Proposal and such powers apply notwithstanding, and are not limited by, any provision of this Deed.