SYT » Topics » Relevant Fraction

This excerpt taken from the SYT 20-F filed Feb 18, 2009.
Relevant Fraction" means:
 
(a)
for all business other than voting on an Extraordinary Resolution, one tenth;
 
(b)
for voting on any Extraordinary Resolution other than one relating to a Reserved Matter, more than half; and
 
(c)
for voting on any Extraordinary Resolution relating to a Reserved Matter, three quarters;
 
provided, however, that, in the case of a Meeting which has resumed after adjournment for want of a quorum, it means:
 
(i)
for all business other than voting on an Extraordinary Resolution relating to a Reserved Matter, the fraction of the aggregate principal amount of the outstanding Notes represented or held by the Voters actually present at the Meeting; and
 
(ii)
for voting on any Extraordinary Resolution relating to a Reserved Matter, one quarter;
 
"
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki