Authorized Share Approval definition

Authorized Share Approval means approval of the Amendment by the shareholders of the Company.

Authorized Share Approval means (i) the vote by the stockholders of the company to approve the Amendment and (ii) the filing by the Corporation of the Amendment with the Secretary of State of the State of Delaware and the acceptance of the Amendment by the Secretary of State of the State of Delaware.

Authorized Share Approval means approval of the Amendment by the shareholders of the Company, among other things, to increase the number of authorized shares of Common Stock in at least a sufficient number to permit the conversion of the Debentures.

Examples of Authorized Share Approval in a sentence

• This Policy shall be applicable throughout area of jurisdiction of the municipality in respect of all moneys owing to the municipality in term of the Tariff and/or Property Rates Policies of the municipality in terms of Municipal Systems Act, 2000 and Municipal Property Rates Act, 2004 respectively on one hand and the Operating Budget of the Municipality in terms of Municipal Finance Management Act, 2004 on the other.

• Except for the Authorized Share Approval and Shareholder Approval, no further approval or authorization of any stockholder, the Board of Directors or others is required for the issuance and sale of the Securities.

• If the Company does not obtain Authorized Share Approval at the first meeting, the Company shall call a meeting every four (4) months thereafter to seek Authorized Share Approval until the earlier of the date on which Authorized Share Approval is obtained or the Warrants are no longer outstanding.

• In connection with a meeting of stockholders to obtain the Authorized Share Approval, the Company shall provide each stockholder with a proxy statement and shall use its reasonable best efforts to solicit its stockholders’ approval of such increase in authorized shares of Common Stock and to cause its Board of Directors to recommend to the stockholders that they approve such proposal.

• For the avoidance of doubt, in the event the Company fails to obtain Authorized Share Approval, in no event shall any cash be payable to the Holder with respect to this Warrant.

More Definitions of Authorized Share Approval

Authorized Share Approval means approval of the Amendment by the shareholders of the Corporation.

Authorized Share Approval means approval of the Amendment by the shareholders of the Company. “Board of Directors” means the board of directors of the Company.

Authorized Share Approval means (i) the vote by the stockholders of the Company to approve an amendment to the Company’s articles or certificate of incorporation that increases the number of authorized shares of Common Stock to at least 990,000,000 shares of Common Stock (the “Amendment”) and (ii) the filing by the Company of the Amendment with the Secretary of State of the State of Florida and the acceptance of the Amendment by the Secretary of State of the State of Florida.

Authorized Share Approval means the vote by the shareholders of the Corporation to approve the Amendment and the filing by the Corporation of the Amendment with the Secretary of State the State of Delaware and the acceptance of the Amendment by the Secretary of State the State of Delaware.

Authorized Share Approval means (i) the vote by the shareholders of the Company to approve an amendment to the Company’s certificate of incorporation that increases the number of authorized shares of Common Stock from 74 million to 149 million (the “Amendment”) and (ii) the filing of the Amendment with the Secretary of State of the State of Nevada and the acceptance of such Amendment by such Secretary of State of the State of Nevada.

Authorized Share Approval means (i) the vote by the stockholders of the company to approve the Amendment, which occurred on February 25, 2011, as evidenced by the filings of the preliminary information statement information statements on Schedule 14C with the Commission on March 2, 2011, (File No. 000-53539, the filing of a definitive information statement on Schedule 14C with the Commission and (ii) the filing by the Company of the Amendment with the Secretary of State of the State of Florida and the acceptance of the Amendment by the Secretary of State of the State of Florida.

Authorized Share Approval means receipt of the stockholder approval required to effect the Authorized Share Increase and the filing of an amendment to the Company’s certificate of incorporation for the Authorized Share Increase.