Required Vote of Company Stockholders Clause Samples
The "Required Vote of Company Stockholders" clause defines the specific level of approval needed from the company's shareholders to authorize certain actions, such as mergers, acquisitions, or amendments to corporate documents. Typically, this clause will specify whether a simple majority, supermajority, or unanimous consent is necessary, and may outline which classes of stockholders are entitled to vote. Its core function is to ensure that significant corporate decisions reflect the will of an appropriate proportion of the ownership, thereby protecting minority interests and providing clear procedural requirements for major transactions.
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Required Vote of Company Stockholders. The affirmative vote of the holders of a majority of the outstanding shares of Company Common Stock is required to approve and adopt this Agreement. No other vote of the securityholders of the Company is required by law, the Company Charter, the Company Bylaws or otherwise in order for the Company to consummate the Merger, the Subsequent Merger and the other transactions contemplated hereby.
Required Vote of Company Stockholders. Unless the Merger may be consummated in accordance with Section 253 of the DGCL, the only vote of the stockholders of the Company required to adopt this Agreement, the Ancillary Documents and to approve the Merger and the transactions contemplated hereby and thereby, is the affirmative vote of the holders of a majority of the outstanding shares of Common Stock.
Required Vote of Company Stockholders. The affirmative vote of the holders of a majority of the outstanding shares of Company Common Stock (the "Company Stockholder Approval") is required to approve the Merger. No other vote of the stockholders of the Company is required by law, the certificate of incorporation or bylaws of the Company or otherwise in order for the Company to consummate the Merger and the transactions contemplated hereby.
Required Vote of Company Stockholders. The Stockholder Approval is the only votes or consents of the holders of any class or series of Company Capital Stock necessary to adopt or approve this Agreement, the Merger and the other matters set forth in the Written Consent, and, to the extent such approval is required, the Company Ancillary Agreements and the other transactions contemplated hereby and thereby.
Required Vote of Company Stockholders. Under applicable ------------------------------------- Delaware law and the Company Charter and Company By-laws, the affirmative vote of the holders of not less than a majority of the outstanding shares of Company Common Stock is required to approve the Merger. No other vote of the stockholders of the Company is required by law, the Company Charter or Company By-Laws or otherwise for the Company to consummate the Merger and the transactions contemplated hereby.
Required Vote of Company Stockholders. The only vote of the holders of outstanding securities of the Company required by its Organizational Documents, by Law or otherwise to complete the Merger is the affirmative vote of the holders of not less than a majority of the outstanding Shares. The vote required by the previous sentence is referred to as the “Requisite Stockholder Vote.”
Required Vote of Company Stockholders. Unless the Merger is consummated in accordance with Section 253 of the Corporation Law as contemplated by Section 2.09, the only vote of the stockholders of the Company required to adopt the agreement of merger (as used in Section 251 of the Corporation Law) contained in this Agreement and approve the Merger is the affirmative vote of the holders of a majority of the outstanding Shares. No other vote of the stockholders of the Company is required by law, the Certificate of Incorporation or Bylaws of the Company as currently in effect or otherwise to adopt the agreement of merger contained in this Agreement and approve the Merger.
Required Vote of Company Stockholders. The affirmative vote of the holders of a majority of the outstanding shares of Company Common Stock represented at the Second Company Stockholders Meeting approving the Amended Merger Agreement is the only vote of the holders of any class or series of the Company’s capital stock necessary to approve the Amended Merger Agreement and the transactions contemplated by the Amended Merger Agreement.
Required Vote of Company Stockholders. Section 3.19
Required Vote of Company Stockholders. Unless the Merger is consummated in accordance with Section 253 of the DGCL as contemplated by Section 2.09 if Parent owns, directly or indirectly, no more than the Revised Minimum Number of Shares, the only vote of the stockholders of the Company required to adopt the plan of merger contained in this Agreement and approve the Merger is the affirmative vote of the holders of not less than a majority of the outstanding Shares. If Parent owns, directly or indirectly, no more than the Revised Minimum Number of Shares, no other vote of the stockholders of the Company is required by law, the Certificate of Incorporation or Bylaws of the Company as currently in effect or otherwise to adopt the plan of merger contained in this Agreement and approve the Merger. Sub will have full voting power with respect to any Shares purchased pursuant to the Offer or the Options. ARTICLE V