Approval Requirement definition
Examples of Approval Requirement in a sentence
Parent hereby agrees to enforce the terms and conditions of the Insider Letters, including the Approval Requirement and the Non-Redemption Requirement, in connection with the consummation of the Transactions.
The Purchaser may elect to purchase up to all of the Additional Securities on the terms proposed; provided that to the extent the issuance of Additional Securities to the Purchaser would result in a Stockholder Approval Requirement, the Purchaser may elect to purchase up to an amount of Additional Securities that would not cause the Stockholder Approval Requirement.
Subject to the Stockholder Approval Requirement, this Agreement has been, and upon execution of Issuer of each other Transaction Agreement to which it is a party will have been, duly executed and delivered by Issuer, and (assuming due authorization, execution and delivery by Investor) this Agreement constitutes, and each other Transaction Agreement to which it is a party will constitute, a legal, valid, and binding obligation of Issuer enforceable against Issuer in accordance with its terms.
Subject to the Stockholder Approval Requirement, the execution and delivery of this Agreement and each other Transaction Agreement to which it is a party by Issuer, the performance by Issuer of its obligations hereunder and thereunder, and the consummation by Issuer of the transactions contemplated hereby and thereby will have been duly authorized and approved by all requisite action on the part of Issuer.
Champignon will have complied with all covenants and agreements herein agreed to be performed or caused to be performed by it such that it will have satisfied the Shareholder Approval Requirement.
Subject to Section 5.7 hereof, the Proxy Statement shall include the recommendation of the Company Board that adoption of this Agreement by the Company’s stockholders is advisable and that the Company Board has determined that the Merger is fair to and in the best interests of the Company’s stockholders (the “Company Recommendation”) and, if the Parent Approval Requirement applies, the recommendation of the Parent Board in favor of the Merger and the Issuance.
Transaction Approval Requirement or (C) incurred in the ordinary course of the business of each Person within the Serviced Group.
GHV hereby agrees to enforce the terms and conditions of the Insider Letters, including the Approval Requirement and the Non-Redemption Requirement, in connection with the consummation of the Transactions.
The execution and delivery by Buyer of this Agreement, the Ancillary Agreements and the Warrant, and the consummation by Buyer of the transactions contemplated hereby and thereby, have been duly and validly authorized by all necessary corporate action on the part of Buyer (provided that the Proposals are subject to satisfaction of the Shareholder Approval Requirement).
The Company shall and hereby agrees to submit for consideration by the stockholders of the Company, the question of whether the Merger and the Merger Agreement should be ratified, adopted, and approved by the holders of a majority of the Company's outstanding voting securities and the holders of a majority of the Company's outstanding voting securities that are not affiliated persons of the Company (collectively, the "Stockholder Approval Requirement").