Shareholders Approval definition

Shareholders Approval means as defined in Section 5.9.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Shareholders Approval means the approval of the Company's general meeting of shareholders, for this Agreement, the Transaction Documents and the transactions contemplated herein and therein, in accordance with the requirements of Sections 270(5) and 274 of the Companies Law.

Shareholders Approval means, if required, approval of the Transaction by shareholders of the Purchaser in accordance with the policies of the CSE and applicable securities laws, which approval may be obtained by written consent of such shareholders;

Examples of Shareholders Approval in a sentence

• The obligations of the Stockholder under clause (iii)(A) and (B) of this Section 2 shall terminate on the earlier to occur of the Effective Time and 120 days after the termination of the Merger Agreement in accordance with its terms (unless the Merger Agreement is terminated by reason of the failure to obtain Parent Shareholders' Approval in which case the Stockholder's obligations under this Section 2 shall terminate simultaneously with the termination of the Merger Agreement).

• Promptly following the Court issuing such order, and in any event within three (3) Business Days following the date of such order, the Company shall publish a notice calling the Company Shareholders Meeting to be held on the date that is no later than thirty five (35) days following such notice for the purpose of obtaining the Shareholders Approval.

• The Company shall solicit from the shareholders of the Company written ballots and proxies in favor of the Shareholders Approval in accordance with applicable Legal Requirements, and shall use its reasonable best efforts to secure the Shareholders Approval at the Company Shareholders’ Meeting.

• The Company Special Meeting for the purpose of securing the Company Shareholders' Approval shall be held on such date as the Company and Parent shall mutually determine.

• The execution and delivery of this Agreement and the consummation by the Company of the transactions contemplated hereby have been duly authorized by all necessary corporate action on the part of the Company, subject to obtaining the Company Shareholders' Approval.

More Definitions of Shareholders Approval

Shareholders Approval has the meaning set forth in Section 4.03(b)(ii).

Shareholders Approval means the approval of the Buyer’s general meeting of shareholders, for this Agreement, the Transaction Documents and the transactions contemplated herein and therein, in accordance with the requirements of Sections 270(5) and 274 of the Companies Law.

Shareholders Approval has the meaning specified in Section 3.6.

Shareholders Approval means the approval of the holders of no less than 75 (seventy five) per cent plus 1 (one) of the Shares of the total number of votes attached to the issued and fully paid-up voting Shares, unless otherwise expressly provided for in this Agreement;

Shareholders Approval means, assuming the accuracy of the representations set forth in Section 4 above, the affirmative vote (in person or by proxy) of the holders of at least 75% of the Company Shares present and voting at the Company Shareholders Meeting, or any adjournment or postponement thereof, in favor of the approval of this Agreement, the Merger and the other Transactions.

Shareholders Approval means approval by a majority of the votes cast by eligible shareholders at a duly constituted shareholders’ meeting;

Shareholders Approval means the affirmative votes of a majority of the shareholders of the Company as of the record date for the Company Shareholders’ Meeting, represented at a general meeting of the Company in person or by proxy and voting thereon, approving the transactions set forth in the Purchase Agreement that require Company shareholder approval.