Approval of Shareholders definition

Approval of Shareholders means the affirmative vote of the holders of at least a majority of the shares of common stock of the Company then outstanding.
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Examples of Approval of Shareholders in a sentence

  • Common Stock Shareholders participate at the discretion of the Board of Directors and Officers and via the Approval of Shareholders in the pro-rata earnings of the company only after all fixed charges, if any dividend, other capital allocation, capital expenditures at the discretion of the company, the Board of Directors shall be allocated prudently.

  • Approval of Shareholders of the Company shall not be required for transactions entered into with wholly owned subsidiaries whose accounts are consolidated with the Company.

  • If the Approval of Shareholders is obtained, the Board may grant Options to any Eligible Participant in respect of such number of Shares and on such terms as specified in that Approval of Shareholders.

  • Approval of Shareholders for authorizing to mortgage the assets of the Company upto limit of Rs. 1,000 Crore under Section 180(1)(a) of the Act.

  • Bomfim and Rudebusch (2000) note that opportunistic policies where discussed in Federal Reserve FOMC meetings in the late 1980’s.8The first point is implicit both in Ball (1994b) and Gon¸calves and Carvalho (2009) who note that We use an unbalanced panel data set containing quarterly CPI and real GDP growth from 1960 to 2014 for 42 countries.

  • Approval of Shareholders has been obtained for increase the Authorised Share Capital of the Company from Rs.100,00,00,000/- (Rupees One Hundred Crore) to Rs.150,00,00,000 (Rupees One Hundred Fifty Crores).

  • Subject to the Overriding Limit and a specific Approval of Shareholders, the Board may grant Options to Eligible Participants identified by the Board.

  • Prior Approval of Shareholders must be obtained before any change to the authority of the Board to alter the terms of this Scheme.

  • Dhoot Instruments Private Limited by which the Company ceased to be an Associate Company.(ii) Approval of Shareholders vide Special Resolution passed through Postal Ballot for authorising Board of Directors to give loan, guarantee or provide security in connection with a loan and acquire by way of subscription, purchase or otherwise, the securities of any body corporate pursuant to Section 186(3) of Companies Act, 2013 up to a limit of INR 75 Crores.

  • Any other matter or issue in respect of which a provision in this Agreement expressly provides that Special Majority Approval of Shareholders is required.

Related to Approval of Shareholders

  • Resolution of Shareholders means either:

  • Common Shareholders means the registered and/or beneficial holders of the Common Shares, as the context requires.

  • Preferred Shareholders means the holders of Preferred Shares.

  • Disinterested Shareholder Approval means approval by a majority of the votes cast by all the Company’s shareholders at a duly constituted shareholders’ meeting, excluding votes attached to Common Shares beneficially owned by Insiders who are Service Providers or their Associates;

  • Independent Shareholders means holders of Voting Shares, other than:

  • Shareholders means as of any particular time the holders of record of outstanding Shares of the Trust, at such time.

  • Overseas Shareholders holders of Scheme Shares who are resident in, ordinarily resident in, or citizens of, jurisdictions outside the United Kingdom;

  • Major Shareholders Means a person who has an interest or interests in one or more

  • Scheme Shareholders means the registered holders of Scheme Shares at the relevant time.

  • Ordinary Shareholders means holders of Ordinary Shares.

  • Common Stockholders means holders of shares of Common Stock.

  • Locked-Up Shareholders means the Persons who are party to the Lock-Up Agreements.

  • Company Shareholders means the registered or beneficial holders of the Company Shares, as the context requires;

  • Stockholders means the registered holders of the Shares.

  • Public Shareholders means the holders of Ordinary Shares included in the Units issued in the Public Offering; (v) “Public Shares” shall mean the Ordinary Shares included in the Units issued in the Public Offering; (vi) “Trust Account” shall mean the trust account into which a portion of the net proceeds of the Public Offering and the sale of the Private Placement Warrants shall be deposited; (vii) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b); and (viii) “Charter” shall mean the Company’s Amended and Restated Memorandum and Articles of Association, as the same may be amended from time to time.

  • Majority Shareholder Vote means a vote of “a majority of the outstanding voting securities” (as such term is defined in the 0000 Xxx) of the Trust with each class and series of Shares voting together as a single class, except to the extent otherwise required by the 1940 Act or this Declaration with respect to any one or more classes or series of Shares, in which case the applicable proportion of such classes or series of Shares voting as a separate class or series, as the case may be, also will be required.

  • unanimous shareholder agreement means either: (i) a lawful written agreement among all the shareholders of the Corporation, or among all the shareholders and one or more persons who are not shareholders; or (ii) a written declaration of the registered owner of all of the issued shares of the Corporation; in each case, that restricts, in whole or in part, the powers of the directors to manage, or supervise the management of the business and affairs of the Corporation, as from time to time amended.

  • Company Shareholder Approval means the authorization and approval of this Agreement, the Plan of Merger and the Transactions, including the Merger, at the Company Shareholders’ Meeting by the Required Company Vote.

  • Major Stockholders means those stockholders owning more than ten percent (10%) of the voting stock of any

  • Disinterested Shareholder means a shareholder that is not an Insider to whom options may be granted under the Plan and they are not an Associate of any Insider.

  • Target Shareholders means the holders of Target Shares;

  • Required Shareholder Approval has the meaning in Section 2.20.

  • Company Shareholders Meeting shall have the meaning set forth in Section 2 hereof.

  • Controlling Shareholders means controlling shareholders of the Company, as such term is defined in the Ordinance.

  • Majority Stockholders means any Stockholder or combination of Stockholders who at the date of this Agreement own shares of Company Common Stock representing more than two-thirds of the total number of shares of Company Common Stock outstanding at the date of this Agreement.

  • Requisite Stockholder Approval means the affirmative vote of the holders of a majority of that company’s issued and outstanding shares entitled to vote on the Merger actually voting in favor of this Agreement and the Merger.