Common use of Mandatory Abandonment Clause in Contracts

Mandatory Abandonment. The Merger shall be abandoned or terminated if the holders of at least the requisite majority of the shares of any of the Constituent Corporations, as required by applicable state laws, shall not have voted in favor of the adoption and approval of this Agreement, the Merger and the other transactions contemplated hereby.

Appears in 7 contracts

Samples: Agreement and Plan of Merger, Agreement and Plan of Merger (Americanwest Com Inc), Plan of Merger (Edmonds 5 Inc.)

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Mandatory Abandonment. The Merger shall be abandoned or terminated if the if: The holders of at least the requisite majority of the shares of any of the Constituent Corporations, as required by applicable state laws, shall not have voted in favor of the adoption and approval of this Agreement, the Merger and the other transactions contemplated hereby.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Digital Bridge Inc), Agreement and Plan of Merger (Digital Bridge Inc), Agreement and Plan of Merger (Digital Bridge Inc)

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Mandatory Abandonment. The Merger shall be abandoned or terminated if the ---------------------- holders of at least the requisite majority of the shares of any of the Constituent Corporations, as required by applicable state laws, shall not have voted in favor of the adoption and approval of this Agreement, the Merger and the other transactions contemplated hereby.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Pacific Intermedia Inc)

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