Common use of Interim and Final Order Clause in Contracts

Interim and Final Order. Subject to the satisfaction of the terms and conditions contained in this Agreement, or the termination of this Agreement pursuant to Article 6, Pan Am covenants and agrees that it will, as soon as reasonably practicable, apply to the Court for the Interim Order, such application providing for, among other things, the calling and holding of the Meeting for the purpose of, among other matters, the Pan Am Shareholders considering and, if deemed advisable, approving the Arrangement Resolution, and that, if the approval by the Pan Am Shareholders of the Arrangement Resolution as set forth in the Interim Order is obtained by Pan Am, as soon as reasonably practicable thereafter Pan Am will take the necessary steps to submit the Arrangement to the Court and apply for the Final Order, requesting an order of the Court approving the transactions contemplated herein and the procedural and substantive fairness of the terms and conditions of the exchange, after notice and a hearing upon the fairness of such terms and conditions at which all Pan Am Shareholders have the right to appear.

Appears in 2 contracts

Sources: Arrangement Agreement, Arrangement Agreement

Interim and Final Order. Subject to the satisfaction of the terms and conditions contained in this Agreement, or the termination of this Agreement pursuant to Article 6, Pan Am G2 covenants and agrees that it will, as soon as reasonably practicable, apply to the Court for the Interim Order, such application providing for, among other things, the calling and holding of the Meeting for the purpose of, among other matters, the Pan Am G2 Shareholders considering and, if deemed advisable, approving the Arrangement Resolution and the Stated Capital Resolution, and that, if the approval by the Pan Am G2 Shareholders of the Arrangement Resolution and the Stated Capital Resolution as set forth in the Interim Order is obtained by Pan AmG2, as soon as reasonably practicable thereafter Pan Am G2 will take the necessary steps to submit the Arrangement to the Court and apply for the Final Order, requesting an order of the Court approving the transactions contemplated herein and the procedural and substantive fairness of the terms and conditions of the exchange, after notice and a hearing upon the fairness of such terms and conditions at which all Pan Am G2 Shareholders have the right to appear.

Appears in 1 contract

Sources: Arrangement Agreement