Shareholders' Agreements · glossary

Procure

To use your votes and other rights to make the company do something, as far as the law allows. The agreement needs the word because a company cannot give up powers the Companies Act gives it. Its shareholders can, though, promise each other how they will vote. Clause 1.2(d) · Clause 21.3 · Chapter 10

Explained in Chapter 10, When the Documents Disagree, of Shareholders' Agreements.

How it comes up, in Chapter 10
Whatever the company cannot lawfully promise, the shareholders must procure instead. Clause 1.2(d) says this means using their votes and other rights to bring it about, as far as they lawfully may.
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