Required Votes. The IPC Stockholder Approval, being the affirmative approval, by vote or written consent, of a majority of the outstanding shares of IPC Common Stock, is the only vote of the holders of any class or series of IPC's securities necessary to adopt the Merger Agreement and approve the Mergers and the other transactions contemplated hereby. There is no vote of the holders of any class or series of IPC's securities necessary to approve the Voting Agreement or the transactions contemplated thereby. The affirmative approval, by vote or written consent, of a majority of the outstanding shares of IPC Systems Common Stock to adopt this Agreement (the "IPC Systems Stockholder Approval") is the only vote of the holders of any class or series of IPC Systems' securities necessary to adopt the Merger Agreement and approve the Mergers and the other transactions contemplated hereby.
Appears in 3 contracts
Sources: Agreement and Plan of Merger (Cable Systems Holding LLC), Merger Agreement (Global Crossing LTD), Merger Agreement (Global Crossing Holdings LTD)