Common use of Other Protective Provisions Clause in Contracts

Other Protective Provisions. Beginning upon the Closing Date and ceasing immediately prior to the IPO, the Company shall not, without first obtaining the prior written consent or affirmative vote of non-management holders holding a majority of the shares of Common Stock (for avoidance of doubt, Sillerman and his affiliates shall be deemed to be management holders of shares of Common Stock) (“Non-management Holders”):

Appears in 4 contracts

Samples: Subscription Agreement (SFX Entertainment, INC), Subscription Agreement (SFX Entertainment, INC), Subscription Agreement (SFX Entertainment, INC)

AutoNDA by SimpleDocs

Other Protective Provisions. Beginning upon the date of the Second Closing Date and ceasing immediately prior to the IPO, the Company shall not, without first obtaining the prior written consent or affirmative vote of non-management holders holding a majority of the shares of Common Stock (for avoidance of doubt, Sillerman and his affiliates shall be deemed to be management holders of shares of Common Stock) (“Non-management Holders”):

Appears in 2 contracts

Samples: Subscription Agreement (SFX Entertainment, INC), Subscription Agreement (SFX Entertainment, INC)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.