Approval of Shareholders definition

Approval of Shareholders means the affirmative vote of the holders of at least a majority of the shares of common stock of the Company then outstanding.
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Examples of Approval of Shareholders in a sentence

  • These rules, regulations and fees shall be posted in the business office and at the RV site at all times.

  • Approval of Shareholders of the Company shall not be required for transactions entered into with wholly owned subsidiaries whose accounts are consolidated with the Company.

  • If the Approval of Shareholders is obtained, the Board may grant Options to any Eligible Participant in respect of such number of Shares and on such terms as specified in that Approval of Shareholders.

  • Approval of Shareholders has been obtained for increase the Authorised Share Capital of the Company from Rs.100,00,00,000/- (Rupees One Hundred Crore) to Rs.150,00,00,000 (Rupees One Hundred Fifty Crores).

  • Subject to the Overriding Limit and a specific Approval of Shareholders, the Board may grant Options to Eligible Participants identified by the Board.

  • Approval of Shareholders for increase in borrowing limits upto Rs. 1,000 Crore in pursuance to Section 180 (1) (c) of the Companies Act, 2013 read with rules framed there under.

  • Approval of Shareholders for authorizing to mortgage the assets of the Company upto limit of Rs. 1,000 Crore under Section 180(1)(a) of the Act.

  • Approval of Shareholders is being sought for their re-appointment and remuneration.

  • Our state and local gov- ernments are not in a position to weather this well.

  • The exercise of any Option will be subject to the Approval of Shareholders approving any necessary increase in the authorised share capital of the Company.

Related to Approval of Shareholders

  • Resolution of Shareholders means either:

  • Common Shareholders means the holders of the Common Shares.

  • Preferred Shareholders means the holders of Preferred Shares.

  • Disinterested Shareholder Approval means approval by a majority of the votes cast by all the Company’s shareholders at a duly constituted shareholders’ meeting, excluding votes attached to Common Shares beneficially owned by Insiders who are Service Providers or their Associates;

  • Majority Shareholders means Sxx Xxxxxx, Sxxxx Xxxxx, Mxxxxxx Xxxxx and Gxxxx XxXxxxxx.

  • Independent Shareholders means holders of Voting Shares, other than:

  • Shareholders means holders of Common Shares;

  • Overseas Shareholders holders of Scheme Shares who are resident in, ordinarily resident in, or citizens of, jurisdictions outside the United Kingdom;

  • Major Shareholders Means a person who has an interest or interests in one or more

  • Scheme Shareholders means the holders of Scheme Shares;

  • Ordinary Shareholders means holders of Ordinary Shares;

  • Common Stockholders means holders of shares of Common Stock.

  • Locked-Up Shareholders means Xxxxx Xxxxxx, Xxxx Xxxx, Xxxxx Xxxxxxx, Xxxxxx Xxxxxxx, Xxxxx Xxxxxxxxx, Xxx Xxxxxxxx, Xxxx Xxxxxxx, Xxxxx Xxxxxxx, Ru Wadasinghe, Xxxxxxxx Xxxxx, Xxxx Xxxxx, Xxxx Xxxxx and Xxxx Xxxxxxxxx, together with any and all of their respective Affiliates and/or Associates (as defined in the Securities Act (Ontario)) that have beneficial ownership of, or exercise control or direction over, Common Shares or Convertible Securities.

  • Company Shareholders means the registered or beneficial holders of the Company Shares, as the context requires;

  • Stockholders means the stockholders of the Corporation.

  • Public Shareholders means the holders of Ordinary Shares included in the Units issued in the Public Offering; (v) “Public Shares” shall mean the Ordinary Shares included in the Units issued in the Public Offering; (vi) “Trust Account” shall mean the trust account into which a portion of the net proceeds of the Public Offering and the sale of the Private Placement Warrants shall be deposited; (vii) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b); and (viii) “Charter” shall mean the Company’s Amended and Restated Memorandum and Articles of Association, as the same may be amended from time to time.

  • Majority Shareholder Vote means a vote of “a majority of the outstanding voting securities” (as such term is defined in the 0000 Xxx) of the Trust with each class and series of Shares voting together as a single class, except to the extent otherwise required by the 1940 Act or this Declaration with respect to any one or more classes or series of Shares, in which case the applicable proportion of such classes or series of Shares voting as a separate class or series, as the case may be, also will be required.

  • unanimous shareholder agreement means either: (i) a lawful written agreement among all the shareholders of the Corporation, or among all the shareholders and one or more persons who are not shareholders; or (ii) a written declaration of the registered owner of all of the issued shares of the Corporation; in each case, that restricts, in whole or in part, the powers of the directors to manage, or supervise the management of the business and affairs of the Corporation, as from time to time amended.

  • Company Shareholder Approval has the meaning set forth in Section 4.03(d).

  • Major Stockholders means those stockholders owning more than ten percent (10%) of the voting stock of any

  • Disinterested Shareholder means a shareholder that is not an Insider to whom options may be granted under the Plan and they are not an Associate of any Insider.

  • Target Shareholders means the holders of Target Shares;

  • Required Shareholder Approval has the meaning in Section 2.20.

  • Company Shareholders Meeting shall have the meaning set forth in Section 5.2(b).

  • Controlling Shareholders means controlling shareholders of the Company, as such term is defined in the Ordinance.

  • Majority Stockholders means any Stockholder or combination of Stockholders who at the date of this Agreement own shares of Company Common Stock representing more than two-thirds of the total number of shares of Company Common Stock outstanding at the date of this Agreement.