Common use of Action by Shareholders Clause in Contracts

Action by Shareholders. The shareholders shall act by ordinary resolution unless otherwise required by the Act, articles, by-laws or any unanimous shareholder agreement. In case of an equality of votes either upon a show of hands or upon a poll, the chair of the meeting shall not be entitled to a second or casting vote.

Appears in 1 contract

Sources: Amalgamation Agreement

Action by Shareholders. The shareholders shall act by ordinary resolution unless otherwise required by the Act, articles, by-laws or any unanimous shareholder agreement. In case of an equality of votes either upon a show of hands hand or upon a poll, the chair chairman of the meeting shall not be entitled to a second or casting vote.

Appears in 1 contract

Sources: Amalgamation Agreement (Camflo International Inc)

Action by Shareholders. The shareholders shall act by ordinary resolution unless otherwise required by the Act, articles, by-by- laws or any unanimous shareholder shareholders agreement. In case of an equality of votes either upon a show of hands or upon a poll, the chair of the meeting shall not be entitled to a second or casting vote.

Appears in 1 contract

Sources: Amalgamation Agreement

Action by Shareholders. The shareholders shall act by ordinary resolution unless otherwise required by the Act, articles, by-laws or any unanimous shareholder agreement. In case of an equality of votes either upon a show of hands hand or upon a poll, the chair of the meeting shall not be entitled to a second or casting vote.

Appears in 1 contract

Sources: Amalgamation Agreement