Amendments to the Plan of Arrangement Sample Clauses
The "Amendments to the Plan of Arrangement" clause defines the process and conditions under which changes can be made to an existing plan of arrangement between parties. Typically, this clause outlines who has the authority to propose amendments, any required approvals (such as from shareholders, courts, or regulatory bodies), and the circumstances under which amendments are permitted—such as before or after a certain milestone in the transaction. Its core practical function is to provide a clear and structured mechanism for modifying the arrangement if unforeseen issues arise or if the parties mutually agree that changes are necessary, thereby ensuring flexibility while maintaining legal certainty.
Amendments to the Plan of Arrangement. The Parties may amend, modify or supplement this Plan of Arrangement at any time and from time to time, provided that each such amendment, modification or supplement is:
(a) agreed in writing by each of the Parties;
(b) filed with the Court;
(c) communicated to the MAG Shareholders, if and as required by the Court; and
(d) approved by the MAG Shareholders, if and as required by the Court, unless the amendment, modification or supplement: (i) follows the MAG Meeting; (ii) only concerns a matter, in the opinion of the Parties, acting reasonably, of an administrative nature required to better implement the Plan of Arrangement; (iii) is not adverse to the financial or economic interests of the MAG Shareholders entitled to receive the Consideration under Section 3.1; and (iv) does not adversely affect the rights of any Dissenting Shareholders, in which case it need not be approved by the MAG Shareholders.
Amendments to the Plan of Arrangement. (1) Corporation and the Purchaser may amend, modify and/or supplement this Plan of Arrangement at any time and from time to time prior to the Effective Time, provided that each such amendment, modification and/or supplement must be (i) set out in writing, (ii) approved by Corporation and the Purchaser (subject to the Arrangement Agreement), (iii) filed with the Court and, if made following the Corporation Meeting, approved by the Court, and (iv) communicated to the holders of Corporation Securities if and as required by the Court.
(2) Any amendment, modification or supplement to this Plan of Arrangement may be proposed by Corporation or the Purchaser at any time prior to the Corporation Meeting, provided that the other Party (subject to the Arrangement Agreement) shall have each consented thereto in writing, with or without any other prior notice or communication, and if so proposed and accepted by the Persons voting at the Corporation Meeting in accordance with the Interim Order, shall become part of this Plan of Arrangement for all purposes.
(3) Any amendment, modification or supplement to this Plan of Arrangement that is approved or directed by the Court following the Corporation Meeting but prior to the Effective Date shall be effective only (i) if it is consented to in writing by each of the Corporation and the Purchaser, and (ii) if required by the Court, it is consented to by holders of the applicable Corporation Securities in the manner directed by the Court.
(4) Any amendment, modification or supplement to this Plan of Arrangement may be made following the Effective Date by the Corporation and the Purchaser, collectively, provided that it is filed with the Court and it concerns a matter which, in the reasonable opinion of the Parties, 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 Shareholder.
Amendments to the Plan of Arrangement. The Parties may amend, modify or supplement this Plan of Arrangement at any time and from time to time, provided that each such amendment, modification or supplement is:
(a) agreed in writing by each of the Parties;
(b) filed with the Court;
(c) communicated to the Tahoe Shareholders, if and as required by the Court; and
(d) approved by the Tahoe Shareholders, if and as required by the Court, unless the amendment, modification or supplement: (i) follows the Tahoe Meeting; (ii) only concerns a matter, in the opinion of the Parties, acting reasonably, of an administrative nature required to better implement the Plan of Arrangement; (iii) is not adverse to the financial or economic interests of the Tahoe Shareholders entitled to receive the Consideration under Section 3.1; and (iv) does not adversely affect the rights of any Dissenting Shareholders, in which case it need not be approved by the Tahoe Shareholders.
Amendments to the Plan of Arrangement. Schedule A to the Arrangement Agreement shall be deleted in its entirety and replaced with the revised form of the Plan of Arrangement attached hereto as Exhibit A.
Amendments to the Plan of Arrangement. Section 3.1 Definition of Consideration
Section 3.2 Steps to the Arrangement
Amendments to the Plan of Arrangement. (a) The Company and the Purchaser may agree to amend this Plan of Arrangement at any time and from time to time prior to the Effective Time, provided that each such amendment must be: (i) set out in writing; (ii) filed with the Court and, if made following the first to occur of the Meeting, approved by the Court; and (iii) communicated to Securityholders if and as required by Applicable Laws or the Court.
(b) Any amendment to this Plan of Arrangement agreed to by the Company and the Purchaser at any time prior to or at the first to occur of the Meeting, which is proposed and accepted by Securityholders voting at the Meeting, shall become part of this Plan of Arrangement for all purposes.
(c) Any amendment to this Plan of Arrangement that is approved by the Court following the Meeting shall be effective only if it is consented to by each of the Company and the Purchaser.
(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 and its counsel, is of an administrative nature required to better give effect to the implementation of this Plan of Arrangement and is not adverse to the economic interest of any former Securityholder.
Amendments to the Plan of Arrangement. The Parties may amend, modify or supplement this Plan of Arrangement at any time and from time to time, provided that each such amendment, modification or supplement is:
(a) agreed in writing by each of the Parties;
(b) filed with the Court;
(c) communicated to the E▇▇ Securityholders, as applicable, if and as required by the Court; and
(d) approved by the E▇▇ Shareholders, if and as required by the Court, unless the amendment, modification or supplement:
(i) follows the E▇▇ Meeting;
(ii) only concerns a matter, in the opinion of the Parties, acting reasonably, of an administrative nature required to better implement the Plan of Arrangement; and
(iii) is not adverse to the financial or economic interests of the E▇▇ Shareholders entitled to receive the Consideration under Section 3.1; and
(iv) does not adversely affect the rights of any Dissenting Shareholders, in which case it need not be approved by the E▇▇ Shareholders.
Amendments to the Plan of Arrangement. Integra and FCGI hereby agree that the Arrangement Agreement is amended with effect from and after the date hereof, as follows: Schedule "A" to the Arrangement Agreement is amended by deleting and replacing it in its entirety with the Plan of Arrangement, as amended and restated, attached as Schedule "A" to this Amending Agreement.
Amendments to the Plan of Arrangement. The Plan of Arrangement attached as Schedule “A” of the Arrangement Agreement is hereby replaced in its entirety with the Plan of Arrangement attached as Exhibit “A” to this Amending Agreement
Amendments to the Plan of Arrangement. The Plan of Arrangement is hereby amended as follows:
(a) the definition of “Permitted Dividend” in Section 1.1 of the Plan of Arrangement is deleted in its entirety and replaced with the following: