Approval of the Plan. No portion of the option shall be exercisable until and unless the Plan has been approved by the shareholders of the Company at the Company's 1998 Annual Meeting of Shareholders.
Approval of the Plan. The RSUs granted under this Agreement are subject to the Plan being approved by the shareholders of the Company, as set forth in the Plan. If the shareholders do not approve the Plan, then the RSU granted under this Agreement shall become automatically void and of no further force or effect.
Approval of the Plan. WCSCD shall prepare or cause to be prepared the Plan before or after securing grant funds for the project which shall include engineering drawings indicating the scope of the Work. Owners and WCSCD shall agree to the Plan in writing prior to the commencement of survey, design and construction. If a written agreement cannot be executed between the Owners and WCSCD, due to disagreement regarding any aspect of the proposed Plan, the Owners and WCSCD shall have the option of terminating this stream restoration agreement. A Notice of Agreement Termination shall be provided by the party seeking to sever the agreement, citing this termination clause, reason(s) for termination, and effective date of termination.” In the event that the Owners terminate the agreement after WCSCD has incurred costs under a payors grant agreement the Owners will reimburse WCSCD for all costs incurred as a result of the Owner’s termination, including any fines, penalties, administrative costs and reasonable attorneys’ fees. Owners further agree to indemnify, defend and hold WCSCD harmless from any claims or causes of action arising out of the termination of the Work or the failure of WCSCD to expend funds obtained from Payor.
Approval of the Plan. The Companies shall submit the general development plan of the Project (the “Plan”) to the National Development and Reform Commission of the PRC (the “NDRC”) and shall use their best efforts to obtain the approval by the NDRC regarding the Plan, in each case within twelve months of the date hereof.
Approval of the Plan. The Option granted under this Agreement is subject to the Plan being approved by the shareholders of the Company, as set forth in the Plan. If the shareholders do not approve the Plan, then the Option granted under this Agreement shall become automatically void and of no further force or effect.
Approval of the Plan. Holders of a majority of the Company's capital -------------------- stock shall have approved the Plan.
Approval of the Plan. On March 16, 2007, after careful study and consideration, the Boards of Directors of Bradford Bancorp, the MHC and the Savings Bank adopted this Plan and the funding of the Foundation. The Plan and the funding of the Foundation must be approved by the affirmative vote of a majority of the total number of votes eligible to be cast by Members of the MHC. Before submitting the Plan and the funding of the Foundation to the Members for consideration, the Plan and the funding of the Foundation must be approved by the Office of Thrift Supervision.
Approval of the Plan. MBC and NWCB will prepare and will file with the Bankruptcy Court contemporaneously with the Plan the "disclosure statement" required by 11 U.S.C. ss.1125. Thereafter, MBC and NWCB shall take all steps which are necessary or advisable in the opinion of the parties and their counsel to obtain approval of the disclosure statement, to obtain consent to the Plan by voting holders of claims or interests, and to obtain confirmation of Plan by the Bankruptcy Court.
Approval of the Plan. This Plan shall only become effective after the issue of Articles of Amalgamation amalgamating Genterra Inc. and Consolidated Mercantile Incorporated. The obligations of the Corporation to sell and deliver Shares in accordance with this Plan shall be subject to the prior approval of any governmental or other regulatory authority having jurisdiction over the securities of the Corporation. SCHEDULE “A” FORM OF OPTION AGREEMENT OPTION AGREEMENT THIS AGREEMENT is made as of the ____ day of ________________, 20___ by GENTERRA CAPITAL INC., a corporation existing under the laws of the Province of Ontario (hereinafter referred to as the “Corporation”), in favour of ______________________________, an individual residing in the _______________ of ___________________, in the ____________________ of _________________ (hereinafter referred to as the “Optionee”).
Approval of the Plan. The Purchase Price shall not be released from escrow and the Closing shall not occur, unless and until the Bankruptcy Court has approved the Plan authorizing the transactions contemplated in this Agreement.
