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 shareholders 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 and authorizes the board of directors of the Company to effect such increase (the “Amendment”) and (ii) the filing by the Company of the Amendment with the Secretary of State of the State of Washington and the acceptance of the Amendment by the Secretary of State of the State of Washington.

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.

Examples of Authorized Share Approval in a sentence

• Except for the Authorized Share 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.

• 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.

• At any time after the Authorized Share Approval until this Debenture is no longer outstanding, this Debenture shall be convertible, in whole or in part, into shares of Common Stock at the option of the Holder, at any time and from time to time (subject to the conversion limitations set forth in Section 4(c) hereof).

More Definitions of Authorized Share Approval

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.

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 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.

Authorized Share Approval means the first of the following to occur: (i) the Delaware Court of Chancery issues an order validating and declaring effective under Section 205 of the Delaware General Corporation Law the provisions of the Second Amended and Restated Certificate of Incorporation of the Company which increase the total number of authorized shares of the Company’s Common Stock from 100,000,000 shares to 250,000,000 shares, or (ii) the filing of an amendment to the Second Amended and Restated Certificate of Incorporation of the Company authorizing a sufficient number of shares to cover the Shares and to satisfy the exercise or vesting of the Warrants, the Pre-Funded Warrants and all options, warrants, restricted stock units awards and other securities convertible into shares of common stock outstanding on the date hereof, following approval of such amendment by the stockholders of the Company at a duly called and validly convened annual or special meeting of stockholders.

Authorized Share Approval means approval by the stockholders of the Corporation of an amendment to the Corporation’s certificate of incorporation that increases the number of authorized shares of Common Stock from 100,000,000 to not less than 150,000,000 shares of Common Stock.

Authorized Share Approval means the date following the date hereof that the Company amends its articles of incorporation to authorize the issuance of not less than 600,000,000 shares of Common Stock (subject to adjustment to account for any forward or reverse split).