Required Shareholder Approval definition
Examples of Required Shareholder Approval in a sentence
In the event that the Required Shareholder Approval is obtained after a notice of redemption has been issued by the Company in respect of the Notes pursuant to this Section 6, but prior to the redemption date set forth in such redemption notice, such redemption notice shall automatically be rescinded, and the Company will promptly notify all Holders of record of such rescission.
If on the date for which the Extraordinary General Meeting is scheduled, SPAC has not received proxies representing a sufficient number of shares to obtain the Required Shareholder Approval, whether or not a quorum is present, SPAC may make one or more successive postponements or adjournments of the Extraordinary General Meeting in accordance with Section 8.12(d).
SPAC and each SPAC Subsidiary has all requisite corporate power and authority to execute and deliver this Agreement and each Ancillary Document to which it is a party, to perform its obligations hereunder and thereunder and to consummate the Transactions contemplated hereby and thereby, subject to obtaining the Required Shareholder Approval.
Solely to the extent that the Required Shareholder Approval has not been obtained by AMC, the Notes shall be redeemable beginning on the date that is one hundred eighty (180) days following the Interest Adjustment Date, at the redemption prices set forth in Section 6 of the Notes.
Notwithstanding anything herein or in the Indenture to the contrary, in no event shall the Notes be redeemed pursuant to this Section 6 on or after the date on which the Required Shareholder Approval is obtained by AMC.