Majority of the Minority definition
Examples of Majority of the Minority in a sentence
Borrower’s stockholders constituting a Majority of the Minority (as defined in the Merger Agreement) shall have executed voting agreements in support of the Merger Transaction.
The Company Majority of the Minority Approval shall have been obtained.
Two Business Days following the date of this Agreement, stockholders of the Company representing the Company Majority of the Minority Approval shall enter into voting agreements with Parent, pursuant to which, among other things, each such stockholder shall agree to vote the shares of Company Common Stock held by such stockholder in favor of the approval of this Agreement.
The consummation of the transactions contemplated hereby are within its corporate powers and have been duly authorized by all necessary corporate actions on its part; provided that the consummation of the Merger by the Company is subject to the receipt of the Company Stockholder Approval, the Parent Share Issuance is subject to receipt of the Parent Stockholder Approval and the consummation of the Merger by Parent is subject to receipt of the Parent Majority of the Minority Stockholder Approval.
This document may only be varied or replaced by a document executed by the parties and approved by a Majority of the Minority Shareholders; provided, that any variation or replacement does not materially prejudice any of the Shareholders in a manner disproportionate to its ownership of Securities.
The Majority of the Minority may object to such proposed successor Minority Independent Director by providing written notice to the Company within ten (10) Business Days after delivery of the Director Notice (a “Director Objection”).
The affirmative vote of the holders of a majority of the outstanding shares of Company Common Stock entitled to vote on the adoption of this Agreement, voting together as a single class, is the only vote of holders of securities of the Company that is required to adopt this Agreement under applicable Law and the Company’s governing documents (the “Required Stockholder Approval” and, together with the Majority of the Minority Approval, the “Company Stockholder Approval”).
The execution and delivery of this Agreement by European Goldfields and the consummation by European Goldfields of the transactions contemplated by this Agreement have been duly authorized by the European Goldfields Board and no other corporate proceedings on the part of European Goldfields are necessary to authorize this Agreement other than European Goldfields Shareholder Approval, European Goldfields Combined Securityholder Approval and, if required by applicable law, Majority of the Minority Approval.
The Parent Majority of the Minority Stockholder Approval shall have been obtained in accordance with applicable Law and the certificate of incorporation and bylaws of Parent.
Although the 90% Condition and the other conditions to the Offer may be waived by RDO Holdings and RDO Tender, the Majority of the Minority Condition may not.