Common use of Agreement to Vote the Subject Shares Clause in Contracts

Agreement to Vote the Subject Shares. The Securityholder hereby unconditionally and irrevocably agrees that, during the Voting Period, at any duly called meeting of the stockholders of the Company (and at any or all adjournments or postponements thereof), and in any action by written consent of the stockholders of the Company (which written consent shall be delivered promptly, and in any event within 24 hours after (x) the Registration Statement has been declared effective and (y) requested by Company’s board of directors, the Securityholder shall, if a meeting is called, appear at the meeting, in person or by proxy, or otherwise cause its Subject Shares to be counted as present thereat for purposes of establishing a quorum, and the Securityholder shall vote or consent (or cause to be voted or consented)), in person or by proxy, all of its Subject Shares (a) in favor of the adoption of the Merger Agreement and approval of the Transactions (and any actions required in furtherance thereof), (b) against any action, proposal, transaction or agreement that would result in a breach in any material respect of any representation, warranty, covenant, obligation or agreement of the Company contained in the Merger Agreement, (c) in any other circumstance upon which a consent or other approval is required under the Organizational Documents of the Company or otherwise sought with regards to, or in connection with, the Merger Agreement or the Transaction, in favor thereof, and (d) against any Alternative Transaction and any other action or proposal involving Company or any of its subsidiaries that is intended, or would reasonably be expected, to prevent, impede, interfere with, delay, postpone or adversely affect the Transactions in any material respect or would reasonably be expected to result in any of Company’s closing conditions or obligations under the Merger Agreement not being satisfied. The Securityholder agrees not to, and shall cause its affiliates not to, enter into any agreement, commitment or arrangement with any person, the effect of which would be inconsistent with or violative of the provisions and agreements contained in this Article II.

Appears in 1 contract

Samples: Company Voting and Support Agreement (Denali Capital Acquisition Corp.)

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Agreement to Vote the Subject Shares. The Securityholder Each Stockholder hereby unconditionally and irrevocably agrees that, during the Voting Period, at any duly called meeting of the stockholders of the Company Purchaser (and at or any adjournment or all adjournments or postponements postponement thereof), and in any action by written consent of the stockholders of the Company (which written consent shall be delivered promptly, and in any event within 24 hours after (x) the Registration Statement has been declared effective and (y) Purchaser requested by CompanyPurchaser’s board of directorsdirectors or undertaken as contemplated by the Transactions, the Securityholder such Stockholder shall, if a meeting is calledheld, appear at the meeting, in person or by proxy, or otherwise cause its Subject Shares to be counted as present thereat for purposes of establishing a quorum, and the Securityholder it shall vote or consent (or cause to be voted or consented)), in person or by proxy, all of its Subject Shares (a) in favor of the adoption approval of the Merger Purchase Agreement and approval of the Transactions (and any actions required in furtherance thereof), (b) against any action, proposal, transaction or agreement that would result in a breach in any material respect of any representation, warranty, covenant, obligation or agreement of the Company Purchaser contained in the Merger Purchase Agreement, (c) in any other circumstance upon which a consent or other approval is required under the Organizational Documents favor of the Company or otherwise sought proposals set forth in Purchaser’s proxy statement (including in favor of the election of the Seller’s designees to the board of directors of Purchaser set forth on Schedule II hereto and in favor of each proposal to amend the Purchaser’s Amended and Restated Certificate of Incorporation consistent with regards toExhibit B to the Purchase Agreement), or in connection withto be filed by Purchaser with the SEC relating to the Offer and the Transactions (including any proxy supplement thereto, the Merger Agreement or the Transaction“Proxy Statement”), in favor thereof, and (d) for any proposal to adjourn or postpone the Special Meeting to a later date if there are not sufficient votes for approval of the Purchase Agreement and the other proposals related thereto as set forth in the Proxy Statement on the date on which such meeting is held and (e) except as set forth in the Proxy Statement, against the following actions or proposals: (i) any Alternative Purchaser Acquisition Transaction or any proposal in opposition to approval of the Purchase Agreement or in competition with or materially inconsistent with the Purchase Agreement; and (ii) (A) any change in the present capitalization of Purchaser or any amendment of the certificate of incorporation or bylaws of Purchaser, except to the extent expressly contemplated by the Purchase Agreement, (B) any liquidation, dissolution or other change in Purchaser’s corporate structure or business, (C) any action, proposal, transaction or agreement that would result in a breach in any material respect of any covenant, representation or warranty or other obligation or agreement of a Stockholder under this Agreement, or (D) any other action or proposal involving Company Purchaser or any of its subsidiaries that is intended, or would reasonably be expected, to prevent, impede, interfere with, delay, postpone or adversely affect the Transactions in any material respect or would reasonably be expected to result in any of CompanyPurchaser’s closing conditions or obligations under the Merger Purchase Agreement not being satisfied. The Securityholder Each of the Stockholders agrees not to, and shall cause its affiliates Affiliates not to, enter into any agreement, commitment or arrangement with any personPerson, the effect of which would be inconsistent with or violative of the provisions and agreements contained in this Article II.

Appears in 1 contract

Samples: Voting and Support Agreement (Hennessy Capital Acquisition Corp. III)

Agreement to Vote the Subject Shares. The Securityholder Sponsor hereby unconditionally and irrevocably agrees that, during the Voting Period, at any duly called meeting of the stockholders shareholders of the Company Purchaser (and at any or all adjournments or postponements thereof), and in any action by written consent of the stockholders shareholders of the Company (which written consent shall be delivered promptly, and in any event within 24 hours after (x) the Registration Statement has been declared effective and (y) Purchaser requested by CompanyPurchaser’s board of directorsdirectors or undertaken as contemplated by the Transactions, the Securityholder Sponsor shall, if a meeting is called, appear at the meeting, in person or by proxy, or otherwise cause its Subject Shares to be counted as present thereat for purposes of establishing a quorum, and the Securityholder Sponsor shall vote or consent (or cause to be voted or consented)), in person or by proxy, all of its Subject Shares (a) in favor of the adoption of the Merger Agreement and approval of the Transactions (and any actions required in furtherance thereof), (b) against any action, proposal, transaction or agreement that would result in a breach in any material respect of any representation, warranty, covenant, obligation or agreement of the Company Purchaser, Holdco, Denali Merger Sub, or Longevity Merger Sub contained in the Merger Agreement, (c) in any other circumstance upon which a consent or other approval is required under the Organizational Documents favor of each of the Company or otherwise sought with regards to, or proposals set forth in connection with, the Merger Agreement or the Transaction, in favor thereofRegistration Statement / Proxy Statement, and (d) except as expressly set forth in the Registration Statement / Proxy Statement, against the following actions or proposals: (i) any Alternative Transaction and proposal in opposition to approval of the Merger Agreement or in competition with or materially inconsistent with the Merger Agreement; or (ii) (A) any amendment of the certificate of incorporation or bylaws of the Purchaser; (B) any change in Purchaser’s corporate structure or business; or (C) any other action or proposal involving Company Purchaser or any of its subsidiaries that is intended, or would reasonably be expected, to prevent, impede, interfere with, delay, postpone or adversely affect the Transactions in any material respect or would reasonably be expected to result in any of CompanyPurchaser’s closing conditions or obligations under the Merger Agreement not being satisfied. The Securityholder Sponsor agrees not to, and shall cause its affiliates not to, enter into any agreement, commitment or arrangement with any person, the effect of which would be inconsistent with or violative of the provisions and agreements contained in this Article II.

Appears in 1 contract

Samples: Voting and Support Agreement (Denali Capital Acquisition Corp.)

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Agreement to Vote the Subject Shares. The Securityholder Each Sponsor Stockholder hereby unconditionally and irrevocably agrees that, during the Voting Period, at any duly called meeting of the stockholders of the Company PSAC (and at or any adjournment or all adjournments or postponements postponement thereof), and in any action by written consent of the stockholders of the Company (which written consent shall be delivered promptly, and in any event within 24 hours after (x) the Registration Statement has been declared effective and (y) PSAC requested by CompanyPSAC’s board of directorsdirectors or undertaken as contemplated by the Transactions, the Securityholder such Sponsor Stockholder shall, if a meeting is calledheld, appear at the meeting, in person or by proxy, or otherwise cause its Subject Shares to be counted as present thereat for purposes of establishing a quorum, and the Securityholder such Sponsor Stockholder shall vote or consent (or cause to be voted or consented)), in person or by proxy, all of its Subject Shares (a) in favor of the adoption of the Merger Agreement and approval of the Transactions (and any actions required in furtherance thereof), (b) against any action, proposal, transaction or agreement that would result in a breach in any material respect of any representation, warranty, covenant, obligation or agreement of the Company Acquiror contained in the Merger Agreement, (c) in any other circumstance upon which a consent or other approval is required under the Organizational Documents favor of the Company or otherwise sought with regards to, or proposals set forth in connection with, the Merger Agreement or the Transaction, in favor thereofProxy Statement, and (d) except as set forth in the Proxy Statement, against the following actions or proposals: (i) any Alternative Transaction proposal in opposition to approval of the Merger Agreement or in competition with or materially inconsistent with the Merger Agreement; and (ii) (A) any amendment of the certificate of incorporation or bylaws of PSAC; (B) any change in PSAC’s corporate structure or business; or (C) any other action or proposal involving Company PSAC or any of its subsidiaries that is intended, or would reasonably be expected, to prevent, impede, interfere with, delay, postpone or adversely affect the Transactions in any material respect or would reasonably be expected to result in any of CompanyPSAC’s closing conditions or obligations under the Merger Agreement not being satisfied. The Securityholder Each of the Sponsor Stockholders agrees not to, and shall cause its affiliates not to, enter into any agreement, commitment or arrangement with any person, the effect of which would be inconsistent with or violative of the provisions and agreements contained in this Article II.

Appears in 1 contract

Samples: Sponsor Support Agreement (Property Solutions Acquisition Corp.)

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