Approval of CENIT Shareholders Sample Clauses

Approval of CENIT Shareholders. CENIT will take all steps necessary under applicable laws to call, give notice of, convene and hold a meeting of its shareholders at such time as may be mutually agreed to by the parties for the purpose of approving this Agreement and the transactions contemplated hereby and for such other purposes consistent with the complete performance of this Agreement as may be necessary or desirable. The Board of Directors of CENIT will recommend to its shareholders the approval of this Agreement and the transactions contemplated hereby and CENIT will use its best efforts to obtain the necessary approvals by its shareholders of this Agreement and the transactions contemplated hereby; provided, however, that the Board of Directors of CENIT will not be obligated to make any such recommendation if it has been advised in writing by its counsel that to do so could cause a breach of its fiduciary duties.