Voting Control Sample Clauses

Voting Control. There is no agreement or document, including any Material Agreement, to which the Corporation or any of its Subsidiaries is a party or by which the Corporation or any of its Subsidiaries or any of the properties or assets thereof are bound in force or effect which in any manner affects or will affect the voting or control of any of the securities of the Corporation or its Subsidiaries.
AutoNDA by SimpleDocs
Voting Control. The Partnership has voting control over all of the membership interests in Zydeco, 71.5% of the general partnership interests in Mars and 50.0% of the membership interests in Bengal.
Voting Control. Voting Control" means the right to vote 50% or more of the securities having the right to elect the directors of a corporation or the right to designate a majority of the general partners of a partnership.
Voting Control. The Company and the Subsidiaries are not party to any agreement, nor is the Company or the Subsidiaries aware of any agreement, which in any manner affects the voting control of any of the securities of the Company or the Subsidiaries;
Voting Control. The number of shares of capital stock of the Company to which each Stockholder has power to instruct the voting thereof (pursuant to, and subject to the terms and conditions of, the repurchase transactions and related documentation described in the Schedule 13D and the amendments thereto under the Exchange Act filed by the Stockholders (the "Repos") as of the date hereof (collectively, the "Shares"; together with all of the capital stock of the Company to which such Stockholder acquires voting power after the date hereof, the "Subject Shares") is set forth opposite such Stockholder's name on Exhibit A. Each Stockholder has the power to instruct the voting of the applicable Shares pursuant to, and subject to the terms and conditions of, the Repos, free and clear of all liens, encumbrances, options, rights of first refusal and other similar rights and restrictions, in each case, other than as set forth under this Agreement, the Itau Stockholder Agreement and the Repos.
Voting Control. On the Closing Date and each settlement date, after giving effect to the Transactions and except as otherwise provided in Mardi Gras’ Organizational Documents, the Partnership will have a managing member interest in Mardi Gras, which provides it with voting control of Mardi Gras’ 65.0% membership interest in Endymion, 56.0% membership interest in Caesar, 65.0% membership interest in Proteus and 53.0% membership interest in Cleopatra.
Voting Control. In the supervision of an operation conducted by Unit Operator, the Parties chargeable with the Costs of the operation shall have the right to vote in proportion to their respective obligations for such Costs. The Parties having the right to vote on any other matter (subject to Section 32.18) shall vote thereon on an Acreage Basis. Except as provided for in the Unit Agreement, the affirmative vote of Parties having 65% or more of the voting power on any matter that is proper for action by them shall be binding upon all Parties entitled to vote thereon; provided, however that: (1) if one Party voting in the affirmative has 65% or more but less than 75% of the voting power, the affirmative vote of such Party shall not be binding upon the Parties entitled to vote thereon unless its vote is supported by the affirmative vote of at least one additional Party; and (2) if one Party voting in the negative or failing to vote has more than 35% but less than 50% of the voting power, the affirmative vote of the Parties having a majority of the voting power shall be binding upon all Parties entitled to vote, unless there is a negative vote of at least one additional Party. In the event only two Parties are entitled to vote, the vote of the one with the greater interest shall prevail. If only one Party is entitled to vote, such Party’s vote shall control. A Party failing to vote shall not be deemed to have voted either in the affirmative or in the negative. Any Approval or Direction provided for in this Agreement which receives the affirmative vote specified above shall be deemed given by and shall be binding upon all Parties entitled to vote thereon, except where the vote of a larger percentage is specifically required.
AutoNDA by SimpleDocs
Voting Control. If Tenant is a corporation and if the entity or person or persons own a majority of its voting shares at the time of the execution hereof cease to own a majority of such shares at any time hereafter, except as a result of transfers by gift, bequest or in heritance, Tenant shall so notify Landlord. In the event of such change of ownership, whether or not Tenant has notified Landlord thereof, Landlord may at its option terminate this Lease by notice to Tenant effective immediately upon the giving of such notice. This section shall not apply if and so long as Tenant is a corporation the outstanding voting stock of which is listed on a recognized security exchange. .
Voting Control. Flexxtech shall have full shareholder voting --------------- control of the Two Hundred and Three (203) shares of the Primavera stock immediately following the Closing.
Voting Control. As a result of the Super Voting Shares that they hold, a limited number of individuals exercise a significant majority of the voting power in respect of the Corporation’s outstanding shares. The Subordinate Voting Shares are entitled to one vote per share, Multiple Voting Shares are entitled to 100 votes per share, and the Super Voting Shares are entitled to 1,000 votes per share. As a result, such holders of the Super Voting Shares have the ability to control the outcome of all matters submitted to the Corporation’s shareholders for approval, including the election and removal of directors and any arrangement or sale of all or substantially all of the assets of the Corporation. Exhibit E This concentrated control could delay, defer, or prevent a change of control of the Corporation, arrangement or amalgamation involving the Corporation or sale of all or substantially all of the assets of the Corporation that its other shareholders support. Conversely, this concentrated control could allow the holders of the Super Voting Shares to consummate such a transaction that the Corporation’s other shareholders do not support. In addition, the holders of the Super Voting Shares may make long-term strategic investment decisions and take risks that may not be successful and may seriously harm the Corporation’s business. Unpredictability caused by anticipated capital structure and voting control Although other Canadian-based companies have dual class or multiple voting share structures, given the unique capital structure in respect of the Corporation and the concentration of voting control that is held by the holders of the Super Voting Shares, this structure and control could result in a lower trading price for or greater fluctuations in the trading price of the Subordinate Voting Shares or will result in adverse publicity to the Corporation or other adverse consequences. The Corporation is a holding company The Corporation is a holding company and essentially all of its assets are the capital stock of its subsidiaries in each of the markets the company operates in, including, Nevada, Illinois, Maryland, Pennsylvania, Massachusetts, Ohio, Florida, New Jersey and Connecticut. As a result, investors in the Corporation are subject to the risks attributable to its subsidiaries. As a holding company, the Corporation conducts substantially all of its business through its subsidiaries, which generate substantially all of its revenues. Consequently, the Corporation’s cash flo...
Time is Money Join Law Insider Premium to draft better contracts faster.