Examples of Owned or controlled in a sentence
Independent Majority of Stockholders” shall mean the holders of a majority of the outstanding Voting Shares that are not Beneficially Owned or controlled, directly or indirectly, by a Related Person.
The term "Independent Majority of Stockholders" shall mean the holders of a majority of the outstanding Voting Shares that are not Beneficially Owned or controlled, directly or indirectly, by a Related Person.
Nothing herein shall act to prohibit or prevent the Stockholders from transferring, by sale, gift, bequest or in any other manner, any or all of the Stock Beneficially Owned or controlled by such Stockholder.
Each of the Stockholders agrees not to vote the Shares of Stock Beneficially Owned or controlled by such Stockholder to remove a Greystone Designee.
Each of the Stockholders agrees to take all such lawful action, including affirmatively voting the shares of Stock Beneficially Owned or controlled by such Stockholder, as necessary to cause the Board of Directors of both Xxxxxx and Xxxxxx New York to consist of such number of directors as required in order to elect the Greystone Designees required by the provisions of Section 5.14 of the Loan Agreement.