Common use of Amendments to Plan of Arrangement Clause in Contracts

Amendments to Plan of Arrangement. (a) The Company reserves the right to amend, modify or supplement this Plan of Arrangement at any time and from time to time before the Effective Time, provided that each such amendment, modification or supplement must be (i) set out in writing, (ii) approved by the Purchaser, (iii) if made following the Company Meeting, approved by the Court and (iv) communicated to or approved by Shareholders if and as required by the Court. (b) Any amendment, modification or supplement to this Plan of Arrangement may be proposed by the Company at any time before the Company Meeting (provided that the Purchaser has consented thereto) with or without any other prior notice or communication and, if so proposed and accepted by the persons voting at the Company Meeting (other than as may be required under the Interim Order), will become part of this Plan of Arrangement for all purposes. (c) Any amendment, modification or supplement to this Plan of Arrangement that is approved or directed by the Court following the Company Meeting will be effective only if such amendment, modification or supplement (i) is consented to by each of the Company and the Purchaser and (ii) if required by the Court or applicable Law, is consented to by Shareholders voting in the manner directed by the Court. (d) Any amendment, modification or supplement to this Plan of Arrangement may be made following the Effective Date unilaterally by the Purchaser provided that it concerns a matter which, in the reasonable opinion of the Purchaser, is of an administrative nature required to better give effect to the implementation of this Plan of Arrangement and is not adverse to the financial or economic interests of any former holder of Shares.

Appears in 4 contracts

Sources: Arrangement Agreement (Norsat International Inc.), Arrangement Agreement (Privet Fund LP), Arrangement Agreement (Norsat International Inc.)

Amendments to Plan of Arrangement. (a) The Company reserves the right to amend, modify or supplement this Plan of Arrangement at any time and from time to time before prior to the Effective Time, provided that each such amendment, modification or supplement must be (i) set out in writing, (ii) approved by the PurchaserAcquiror, (iii) filed with the Court and, if made following the Company Meeting, approved by the Court Court, and (iv) communicated to or approved by Shareholders the Securityholders if and as required by the Court. (b) Any amendment, modification or supplement to this Plan of Arrangement may be proposed by the Company at any time before prior to the Company Meeting (provided that the Purchaser has Acquiror shall have consented thereto) with or without any other prior notice or communication and, if so proposed and accepted by the persons voting at the Company Meeting (other than as may be required under subject to the requirements of the Interim Order), will shall become part of this Plan of Arrangement for all purposes. (c) Any amendment, modification or supplement to this Plan of Arrangement that is approved or directed by the Court following the Company Meeting will shall be effective only if such amendment, modification or supplement (i) is consented to by each of the Company and the Purchaser Acquiror, and (ii) if required by the Court or applicable LawCourt, is consented to by Shareholders the Securityholders voting in the manner directed by the Court. (d) Any amendment, modification or supplement to this Plan of Arrangement may be made following the Effective Date unilaterally by the Purchaser Acquiror, provided that it concerns a matter which, in the reasonable opinion of the PurchaserAcquiror, is of an administrative nature required to better give effect to the implementation of this Plan of Arrangement and is not adverse to the financial or economic interests of any former holder of SharesSecurityholders.

Appears in 2 contracts

Sources: Arrangement Agreement (Northern Dynasty Minerals LTD), Arrangement Agreement (Northern Dynasty Minerals LTD)

Amendments to Plan of Arrangement. (a) The Company reserves and the right to Purchaser may amend, modify or and/or supplement this Plan of Arrangement at any time and from time to time before prior to the Effective Time, provided that each such amendment, modification or and/or supplement must be (i) be set out in writing, (ii) be approved by the Company and the Purchaser, each acting reasonably, (iii) filed with the Court and, if made following the Company Meeting, approved by the Court Court, and (iv) communicated to or approved by Shareholders the Company Securityholders if and as required by the Court. (b) Any amendment, modification or supplement to this Plan of Arrangement may be proposed by the Company or the Purchaser at any time before prior to the Company Meeting (provided that the Purchaser has Company or the Purchaser, as applicable, shall have consented thereto) with or without any other prior notice or communication andcommunication, and if so proposed and accepted by the persons Persons voting at the Company Meeting (other than as may be required under the Interim Order), will shall become part of this Plan of Arrangement for all purposes. (c) Any amendment, modification or supplement to this Plan of Arrangement that is approved or directed by the Court following the Company Meeting will shall be effective only if such amendment, modification or supplement (i) it is consented to in writing by each of the Company and the Purchaser (in each case, acting reasonably), and (ii) if required by the Court or applicable LawCourt, it is consented to by some or all of the Common Shareholders voting in the manner directed by the Court. (d) Any amendment, modification or supplement to this Plan of Arrangement may be made following the Effective Date unilaterally by the Purchaser Purchaser, provided that it solely concerns a matter which, in the reasonable opinion of the Purchaser, is of an administrative nature required to better give effect to the implementation of this Plan of Arrangement and is not adverse to the financial or economic interests interest of any former holder of SharesCompany Securityholder.

Appears in 1 contract

Sources: Arrangement Agreement (Motorola Solutions, Inc.)

Amendments to Plan of Arrangement. (a) The Company reserves the right to amend, modify or supplement this Plan of Arrangement at any time and from time to time before prior to the Effective Time, provided that each such amendment, modification or supplement must be (i) set out in writing, (ii) approved by the PurchaserAcquiror, (iii) filed with the Court and, if made following the Company Meeting, approved by the Court Court, and (iv) communicated to or approved by the Shareholders if and as required by the Court. (b) Any amendment, modification or supplement to this Plan of Arrangement may be proposed by the Company at any time before prior to the Company Meeting (provided that the Purchaser has Acquiror shall have consented thereto) with or without any other prior notice or communication and, if so proposed and accepted by the persons voting at the Company Meeting (other than as may be required under subject to the requirements of the Interim Order), will shall become part of this Plan of Arrangement for all purposes. (c) Any amendment, modification or supplement to this Plan of Arrangement that is approved or directed by the Court following the Company Meeting will shall be effective only if such amendment, modification or supplement (i) is consented to by each of the Company and the Purchaser Acquiror, and (ii) if required by the Court or applicable LawCourt, is consented to by the Shareholders voting in the manner directed by the Court. (d) Any amendment, modification or supplement to this Plan of Arrangement may be made following the Effective Date unilaterally by the Purchaser Acquiror, provided that it concerns a matter which, in the reasonable opinion of the PurchaserAcquiror, is of an administrative nature required to better give effect to the implementation of this Plan of Arrangement and is not adverse to the financial or economic interests of any former holder of SharesShareholders.

Appears in 1 contract

Sources: Arrangement Agreement (Auryn Resources Inc.)