Common use of Stockholder Voting Rights Clause in Contracts

Stockholder Voting Rights. Without the approval of holders of a majority of the Company’s securities entitled to vote on the matter, the Adviser shall not: (i) amend this Agreement except for amendments that do not adversely affect the interests of the stockholders; (ii) voluntarily withdraw as the Adviser, unless such withdrawal would not affect the tax status of the Company and would not materially adversely affect the stockholders; (iii) appoint a new Adviser; (iv) sell all or substantially all of the Company’s assets other than in the ordinary course of the Company’s business; or (v) cause the merger or other reorganization of the Company.

Appears in 7 contracts

Samples: Investment Advisory Agreement (CION Investment Corp), Investment Advisory Agreement (CION Investment Corp), Investment Advisory and Administrative Services Agreement (Yorke Capital Corp)

AutoNDA by SimpleDocs

Stockholder Voting Rights. Without the approval of holders of a majority of the Company’s securities shares entitled to vote on the matter, the Adviser shall not: (i) amend this Agreement except for amendments that do not adversely affect the interests of the stockholders; (ii) voluntarily withdraw as the Adviser, Adviser unless such withdrawal would not affect the tax status of the Company and would not materially adversely affect the stockholders; (iii) appoint a new Adviser; (iv) sell all or substantially all of the Company’s assets other than in the ordinary course of the Company’s business; or (v) cause the merger or other reorganization of the Company.

Appears in 4 contracts

Samples: Investment Advisory Agreement (Sierra Income Corp), Investment Advisory Agreement (Sierra Income Corp), Investment Advisory Agreement (Sierra Income Corp)

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