Common use of Bylaws Amendment Clause in Contracts

Bylaws Amendment. The Company shall have effected such amendments to its Bylaws (which shall be in full force and effect as of the Closing) as are necessary or desirable, in the reasonable opinion of the Majority Purchasers, to effect the voting and director-designation rights of the Notes and the Apollo Preferred Stock.

Appears in 2 contracts

Sources: Securities Purchase Agreement (Prospect Global Resources Inc.), Securities Purchase Agreement (Prospect Global Resources Inc.)

Bylaws Amendment. The Company shall have effected such amendments to its Bylaws (which shall be in full force and effect as of the Closing) as are necessary or desirable, in the reasonable opinion of the Majority Purchasers, to effect the voting and director-designation rights of the Notes and the Apollo Preferred Stock.. ARTICLE VII

Appears in 1 contract

Sources: Securities Purchase Agreement (Prospect Global Resources Inc.)