Voting Threshold Date definition
Voting Threshold Date means the first date after 11:59 p.m. Eastern Time on the Effective Date on which the outstanding shares of Class B Common Stock represent less than a majority of the total voting power of the then outstanding shares of the Corporation entitled to vote generally in the election of directors.
Voting Threshold Date means the first date on which the issued and outstanding shares of Class B Common Stock represents less than 50% of the total voting power of the then outstanding shares of capital stock of the Corporation that would then be entitled to vote in the election of directors at an annual meeting of stockholders.
Voting Threshold Date means 11:59 p.m. Pacific Time on the first day following the Corporation’s 2021 Annual Meeting of Stockholders falling on or after the date on which the outstanding shares of Class B Common Stock represent less than forty percent (40%) of the total voting power of the then-outstanding shares of the Corporation then entitled to vote generally in the election of directors.
Examples of Voting Threshold Date in a sentence
Subject to the rights, if any, of the holders of shares of Preferred Stock, from and after the Voting Threshold Date, any action required or permitted to be taken by the stockholders of the Corporation at any annual or special meeting of stockholders of the Corporation must be effected at a duly called annual or special meeting of stockholders and may not be taken or effected by a consent of stockholders in lieu thereof.
More Definitions of Voting Threshold Date
Voting Threshold Date means the date on which shares of Class V Common Stock shall be converted into shares of Class A Common Stock pursuant to clause (1) or (2) set forth in Section A.8(a) of this Article IV.
Voting Threshold Date means the date at which the holders of Class B Common Stock cease to represent at least 50% of total voting power of the outstanding shares of capital stock of the Combined Company then entitled to vote generally in the election of directors.
Voting Threshold Date means the first date on which the outstanding shares of Series B Common Stock represent less than 50% of the total voting power of the then outstanding shares of capital stock of the Corporation entitled to vote generally in the election of Directors.
Voting Threshold Date means 5:00 p.m. (Eastern Time) on the first day falling on or after the date on which no shares of Class B Common Stock are then outstanding.
Voting Threshold Date means the first date on which the outstanding shares of Series B Common Stock represent less than a majority of the total voting power of the then outstanding shares of capital stock of the Corporation entitled to vote generally in the election of Directors.