Common use of Treasury Stock Clause in Contracts

Treasury Stock. The Corporation shall not vote, directly or indirectly, shares of its own stock owned by it or any other corporation, if a majority of shares entitled to vote in the election of directors of such other corporation is held, directly or indirectly by the Corporation and such shares shall not be counted for quorum purposes.

Appears in 6 contracts

Samples: Voting Agreement (Roan Resources, Inc.), Business Combination Agreement and Plan of Reorganization (Lion Electric Co), Separation Agreement (C&J Energy Services, Inc.)

AutoNDA by SimpleDocs

Treasury Stock. The Corporation shall not vote, directly or indirectly, shares of its own stock owned by it or any other corporation, if a majority of shares entitled to vote in the election of directors of such other corporation is held, directly or indirectly by the Corporation and such shares shall not be counted for quorum purposes.

Appears in 5 contracts

Samples: Agreement and Plan of Redemption and Merger (Markwest Energy Partners L P), Agreement and Plan of Redemption and Merger (Markwest Hydrocarbon Inc), Transportation Agreement

Treasury Stock. The Corporation shall not vote, directly or indirectly, shares of its own stock owned by it or any other corporation, if a majority of shares entitled to vote in the election of directors of such other corporation is held, directly or indirectly by the Corporation it; and such shares shall not be counted for quorum purposesin determining the total number of outstanding shares.

Appears in 3 contracts

Samples: Assignment and Assumption Agreement (First Capital Real Estate Trust Inc), Assignment and Assumption Agreement (Photomedex Inc), Revolving Credit Agreement

Treasury Stock. The Corporation shall not vote, directly or indirectly, shares of its own stock owned by belonging to it or any other corporation, if a majority of shares entitled to vote in the election of directors of such other corporation is held, directly or indirectly by the Corporation Corporation, and such shares shall will not be counted for quorum purposes; provided, however, that the foregoing shall not limit the right of the Corporation or such other corporation, to vote stock of the Corporation held in a fiduciary capacity.

Appears in 3 contracts

Samples: Master Reorganization Agreement (Charah Solutions, Inc.), Master Reorganization Agreement (Linn Energy, Inc.), Voting Agreement (Roan Resources, Inc.)

Treasury Stock. The Corporation shall not vote, directly or indirectly, shares of its own stock owned by belonging to it or any other corporation, if a majority of shares entitled to vote in the election of directors of such other corporation is held, directly or indirectly indirectly, by the Corporation Corporation, and such shares shall will not be counted for quorum purposes; provided, however, that the foregoing shall not limit the right of the Corporation or such other corporation to vote stock of the Corporation held in a fiduciary capacity.

Appears in 2 contracts

Samples: Contribution Agreement (Texas Pacific Land Trust), Contribution Agreement (Texas Pacific Land Corp)

Treasury Stock. The Corporation shall not vote, directly or indirectly, shares of its own stock owned by it or any other corporation, if a majority of shares entitled to vote in the election of directors of such other corporation is held, directly or indirectly by the Corporation Corporation, and such shares shall will not be counted for quorum purposes; provided, however, that the foregoing shall not limit the right of the Corporation or such other corporation, to vote stock of the Corporation held in a fiduciary capacity.

Appears in 2 contracts

Samples: Letter Agreement (Climate Change Crisis Real Impact I Acquisition Corp), Limited Liability Company Agreement (Spark Energy, Inc.)

Treasury Stock. The Corporation shall not vote, directly or indirectly, shares of its own stock owned by it or any other corporation, if a majority of shares entitled to vote in the election of directors of such other corporation is held, directly or indirectly indirectly, by the Corporation and such shares shall not be counted for quorum purposes.

Appears in 2 contracts

Samples: Master Reorganization Agreement (Atlas Energy Solutions Inc.), Master Reorganization Agreement (New Atlas HoldCo Inc.)

AutoNDA by SimpleDocs

Treasury Stock. The Corporation shall not vote, directly or indirectly, shares of its own stock owned by it or any other corporation, if a majority of shares entitled to vote in the election of directors of such other corporation is held, directly or indirectly by the Corporation it; and such these shares shall not be counted for quorum purposesin determining the total number of outstanding shares.

Appears in 1 contract

Samples: Credit Agreement (Range Resources Corp)

Treasury Stock. The Corporation corporation shall not vote, directly or indirectly, shares of its own stock owned by it or any other corporation, if a majority of shares entitled to vote in the election of directors of such other corporation is held, directly or indirectly by the Corporation it; and such shares shall not be counted for quorum purposesin determining the total number of outstanding shares.

Appears in 1 contract

Samples: Exchange Agreement (Stewart Information Services Corp)

Treasury Stock. The Corporation corporation shall not vote, directly or indirectly, shares of its own capital stock owned by it or any other corporation, if a majority of shares entitled to vote in the election of directors of such other corporation is held, directly or indirectly by the Corporation subsidiary; and such shares shall not be counted for quorum purposesin determining the total number of outstanding shares of the corporation’s capital stock.

Appears in 1 contract

Samples: Rights Agreement (Idearc Inc.)

Treasury Stock. The Corporation corporation shall not vote, directly or indirectly, shares of its own stock owned by it or any other corporation, if a majority of shares entitled to vote in the election of directors of such other corporation is held, directly or indirectly by the Corporation and such shares shall not be counted for quorum purposes.

Appears in 1 contract

Samples: Employment Agreement (Promedco Management Co)

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