Majority Shares definition

Majority Shares means the number of shares of Company Voting Stock that could elect a majority of the directors of the Company if all directors were to be elected at a single meeting.

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Majority Shares means such number of the voting shares in a corporation as shall amount to more than one-half thereof.

Majority Shares has the meaning set forth in the Recitals.

Examples of Majority Shares in a sentence

Buyer expressly reserves the right to, in its sole discretion, following the Majority Shares Closing, extend the Minority Offer for a “subsequent offering period” (and one or more extensions thereof) in accordance with Rule 14d-11 under the Exchange Act, and the Minority Offer Documents (as defined below) may, Buyer’s sole discretion, provide for such a reservation of right.
Buyer has or will have at or prior to the Minority Shares Closing, sufficient funds to pay the Adjusted Majority Shares Purchase Price and the aggregate Minority Offer Price contemplated by this Agreement and to perform the other obligations of Buyer contemplated by this Agreement.
This Section 9.01 does not limit any covenant of the parties to this Agreement which, by its terms, contemplates performance after the Majority Shares Closing.
Except as otherwise provided in this Agreement, all proceedings to be taken and all documents to be executed at the Majority Shares Closing shall be deemed to have been taken, delivered and executed simultaneously, and no proceeding shall be deemed taken nor documents deemed executed or delivered until all have been taken, delivered and executed.
The Majority Shareholder owns the Majority Shares of record and beneficially free and clear of Liens.

More Definitions of Majority Shares

Majority Shares means the remaining shares in the issued share capital of the company as at Completion which when aggregated with the Shares will constitute the entire issued share capital of the Company as at Completion;

Majority Shares equals the number of shares of Company Common Stock owned by HoldCo.

Majority Shares means the Shares held by the Majority Vendors as set out opposite the names listed in Appendix 3;

Majority Shares means the LML Shares received by the Majority Shareholders at the Closing;

Majority Shares means the shares in the capital of the Company held by the Majority Sellers and to be sold to the Buyer pursuant to the Majority SPA;

Majority Shares means the number of shares of Company Voting Stock as will elect a majority of the directors of the Company; provided that, solely for purposes of such calculation, the shares of Company Voting Stock issuable upon exercise of warrants, options or other rights, or upon conversion or exchange of convertible or exchangeable securities, owned by RTZ and its Affiliates, shall be treated as outstanding Company Voting Stock. 1.39 "Merger" means the merger of Facilitating Company with and into the Company pursuant to the Merger Agreement. 1.40 "Merger Agreement" means the Agreement and Plan of Merger, dated February 7, 1995, between the Company and Facilitating Company. 1.41 "New By-laws" means the By-laws of the Company substantially in the form attached as Exhibit 2 to Annex I to the Consent Solicitation Statement. 1.42 "New Certificate of Incorporation" means the Certificate of Incorporation of the Company substantially in the form attached as Exhibit 1 to Annex I to the Consent Solicitation Statement. 1.43 "NYSE" means The New York Stock Exchange, Inc. 1.44 "Offer Price" shall have the meaning set forth in Section 11(a).

Majority Shares means 8,800,000 shares in the capital of Flexe Idaho held by Trade Wind;