Super Voting Shares definition

Super Voting Shares means super voting shares in the capital of the Company;

Super Voting Shares means the super voting shares of the Company, each of which carries 200 votes and is convertible into 1 Subordinate Voting Share.]

Super Voting Shares means the Super Voting Shares of the Borrower, without par value, the terms of which are set forth in the articles of incorporation of the Borrower under the heading “Share Provisions to the Articles Effective Novemb[e]r 30, 2018” and “Appendix 2 to Amendment Resolution,” as such provisions may be replaced by those set forth in Section 28 of the proposed articles of incorporation of the Borrower attached to the Borrower’s management information circular, dated December 23, 2019.

Examples of Super Voting Shares in a sentence

• This Agreement may only be amended, varied or modified by written agreement of all of the parties, other than an amendment to Schedule 2.2 hereof to reflect ownership of the Super Voting Shares, which may be amended from time to time by the Company without the need for written agreement by the parties.

• No subdivision or consolidation of the Subordinate Voting Shares, Multiple Voting Shares or Super Voting Shares shall occur unless, simultaneously, the Subordinate Voting Shares, Multiple Voting Shares and Super Voting Shares are subdivided or consolidated in the same manner or such other adjustment is made so as to maintain and preserve the relative rights of the holders of the shares of each of the said classes.

• Consent of the holders of a majority of the outstanding Multiple Voting Shares and Super Voting Shares shall be required for any action that authorizes or creates shares of any class having preferences superior to or on a parity with the Multiple Voting Shares.

• Neither the conversion of Super Voting Shares into Subordinate Voting Shares nor any subsequent disposition of those Subordinate Voting Shares shall constitute a disposition of Super Voting Shares for the purposes of this section.

• For purposes of these calculations, a holder of Super Voting Shares will be deemed to beneficially own Super Voting Shares held by an intermediate company or fund in proportion to their equity ownership of such company or fund, unless such company or fund holds such shares for the benefit of such holder, in which case they will be deemed to own 100% of such shares held for their benefit.

More Definitions of Super Voting Shares

Super Voting Shares. (in the event a holder of Super Voting Shares transfers any of the Super Voting Shares to any person or entity which is not an existing holder of Super Voting Shares and is not an Affiliate of such holder, or any holder of the Super Voting Shares elects to give up the Super Voting Rights by giving a written notice to the Company, such Shares shall no longer be entitled to any Super Voting Rights any more and shall only have one (1) vote in respect of each Ordinary Share), and (ii) the holder of each Preferred Share shall be entitled to such number of votes as equals the whole number of Ordinary Shares into which such holder’s collective Preferred Shares are convertible immediately after the close of business on the record date of the determination of the Company’s shareholders entitled to vote or, if no such record date is established, at the date such vote is taken or any written consent of the Company’s shareholders is first solicited. Subject to provisions to the contrary elsewhere in this Memorandum and the Articles, or as required by the Act, the holders of Preferred Shares shall vote together with the holders of Ordinary Shares, and not as a separate class or series, on all matters put before the Shareholders.

Super Voting Shares means the class of common shares in the capital of the Resulting Issuer having the terms set forth in Schedule 6.

Super Voting Shares means the non-participating Super Voting Shares in the capital of the Resulting Issuer, after giving effect to the Business Combination.

Super Voting Shares has the meaning set forth in the recitals to this Agreement.

Super Voting Shares means the Super Voting Shares of Bayswater having the terms and conditions set out in Schedule C.

Super Voting Shares means the non-participating Super Voting Shares in the capital of the Company.

Super Voting Shares means the class of shares designated as Class A common shares in the capital of the Corporation, each Class A common share convertible into 100 Subordinated Voting Shares with the right to one vote for each Subordinated Voting Share into which such Class A common share is convertible;