Negative Vote definition

Negative Vote means the failure of the stockholders of Inverness Medical Technology, Inc. entitled to vote at the Special Meeting to adopt the Merger Agreement, approve the Company’s 2001 Stock Option and Incentive Plan and approve the Company’s Executive Bonus Plan, each as described in the Registration Statement on Form S-4 filed by the Company with the Securities and Exchange Commission on August 13, 2001, as the same may be amended from time to time.
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Negative Vote means that if no candidate receives a positive vote, the following steps are followed:
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Examples of Negative Vote in a sentence

  • Upon the occurrence of a Negative Vote, the Company or its assigns shall repurchase the Restricted Shares held by the Grantee or any Permitted Transferee.

  • The Company or its assigns shall effect the Repurchase (if so elected) by delivering or mailing to the Grantee (and/or, if applicable, any Permitted Transferee) written notice within six (6) months after the Three-Year Termination Event, Four-Year Termination Event or Negative Vote, specifying a date within such six-month period in which the Repurchase shall be effected.

  • The Company or its assigns shall effect the Repurchase (if so elected) by delivering or mailing to the Grantee (and/or, if applicable, any Permitted Transferee) written notice within six (6) months after the Three–Year Termination Event, Four–Year Termination Event or Negative Vote, specifying a date within such six-month period in which the Repurchase shall be effected.

  • Within ninety (90) days after the Negative Vote, CTI shall pay to the Company Stockholders (other than the Nonaccredited Holders) the amount of Substitute Cash identified next to each Company Stockholder’s name on Schedule 1 attached hereto by check to the address provided in writing by such Company Stockholder or by wire transfer of immediately available funds to an account provided in writing by such Company Stockholder.

  • This Note may be prepaid in whole or in part at any time or from time to time without premium or penalty after the earlier of the Negative Vote Date and December 31, 2002.

  • This Note may be prepaid in whole or in part at any time or from time to time without premium or penalty after, and only after, the Negative Vote Date; provided, however, that if a Change of Control occurs prior to the Exchange Date, then this Note shall not be prepayable in whole or in part.

Related to Negative Vote

  • Required Vote has the meaning ascribed thereto in Section 2.2(b);

  • Write-in vote means a vote cast for a person whose name is not printed on the

  • Active voter means a registered voter who has not been classified as an inactive

  • e-voting means voting using either the internet, telephone or text message; “e-voting information” has the meaning set out in rule 24.2;

  • Inactive voter means a registered voter who has: