Scheme Resolution definition
Examples of Scheme Resolution in a sentence
If OLX does not elect to treat the Scheme Resolution as a nullity, Bidco shall be entitled to instruct OLX under such circumstances to treat the Scheme Resolution as a nullity as contemplated in section 115(5)(b) of the Companies Act.
If an appointment directs the way the proxy is to vote on the Scheme Resolution: – if the proxy is the chair – the proxy must vote on the poll and must vote in the way directed; and – if the proxy is not the chair – the proxy need not vote on the poll, but if the proxy does so, the proxy must vote in the way directed.
The right to vote in respect of the Scheme Resolution and the General Meeting Resolutions will extend to any Ordinary Shares which are issued prior to the Scheme Voting Record Time as a result of the valid exercise of any Company Warrants.
Approval by the following majorities of Independent Amatil Shareholders at the Scheme Meeting is required for the Scheme to be implemented: • more than 50% of Independent Amatil Shareholders present and voting at the Scheme Meeting (unless the Court orders otherwise); and • at least 75% of the total number of votes cast on the Scheme Resolution by Independent Amatil Shareholders.
As applied in this agreement, seniority is the total length of continuous, uninterrupted service to the District within the bargaining unit.