Proposed Ratification Sample Clauses

Proposed Ratification. The Proposed Ratification is necessary to be in compliance with the provisions of Paragraph 10.08(2) of the Listing Requirements, in that any one of the percentage ratios of a related party transaction is more than 5%, a listed issuer must amongst others obtain prior shareholders’ approval for the transaction in general meeting. Other than the interests of the related parties in Anzo Shares as disclosed in Section 2.1 of this announcement, the Transactions have been made based on normal commercial terms, at arms’ length, and have been transacted on terms that are not more favourable to the related parties than those generally available to the public. The price of the Products supplied to CSTME was determined with reference to the prevailing market price in the local market and price quoted on the LME. The Transactions are readily business opportunities available to the Group to expand its revenue base and improve its financial performance. The Proposed Ratification serves to ratify the Transactions as elaborated in Section 3 of this announcement (as well as any other additional transactions up to the latest practicable date) without compromising the corporate objectives or adversely affecting the existing business opportunities available to the Group.
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Related to Proposed Ratification

  • Required Ratings The Offered Certificates shall have received Required Ratings of at least [ ] from [ ].

  • Effect; Ratification (a) Except as specifically set forth above, the Credit Agreement and the other Loan Documents shall remain in full force and effect and are hereby ratified and confirmed. Without limiting the generality of the foregoing, each Credit Party reaffirms its guaranty of the Obligations and the Liens securing those guaranties. (b) The execution, delivery and effectiveness of this Amendment shall not operate as a waiver of any right, power or remedy of Agent or any Lender under the Credit Agreement or any other Loan Document, nor constitute amendment of any provision of the Credit Agreement or any other Loan Document, except as specifically set forth herein. Upon the effectiveness of this Amendment, each reference in the Credit Agreement to “this Agreement”, “hereunder”, “hereof”, “herein” or words of similar import shall mean and be a reference to the Credit Agreement as amended hereby. (c) Each Credit Party acknowledges and agrees that the amendments set forth herein are effective solely for the purposes set forth herein and that the execution and delivery by Agent and the Lenders of this Amendment shall not be deemed (i) except as expressly provided in this Amendment, to be a consent to any amendment, waiver or modification of any term or condition of the Credit Agreement or of any other Loan Document, (ii) to create a course of dealing or otherwise obligate Agent or Lenders to forbear, waive, consent or execute similar amendments under the same or similar circumstances in the future, or (iii) to amend, prejudice, relinquish or impair any right of Agent or Lenders to receive any indemnity or similar payment from any Person or entity as a result of any matter arising from or relating to this Amendment.

  • Ratification, Etc Except as expressly amended hereby, the Credit Agreement and all documents, instruments and agreements related thereto are hereby ratified and confirmed in all respects. All references in the Credit Agreement or any related agreement or instrument to the Credit Agreement shall hereafter refer to the Credit Agreement as amended hereby.

  • Ratification Except as modified and amended hereby, the Agreement is hereby ratified and confirmed in full force and effect in accordance with its terms.

  • Refund After Non-Approval or Rejection If you or any co-applicant is disapproved or denied under Paragraph 5, we’ll refund all application deposits within 7 days of such disapproval. Refund checks may be made payable to all co-applicants and mailed to one applicant. If the application deposit was paid via check and has not yet been deposited, you may request your check be destroyed instead of a refund check being issued.