Required Stockholder Approval definition

Required Stockholder Approval means the affirmative vote of a majority of shares of the Common Stock represented in person or by proxy at a meeting of the stockholders of the Corporation in favor of approval of the Stockholder Proposal, provided that the total vote cast on the Stockholder Proposal represents over 50% in interest of all securities entitled to vote on the Stockholder Proposal.
Required Stockholder Approval shall have the meaning set forth in Section 3.01(b).
Required Stockholder Approval means the approval by (1) a majority of the issued and outstanding shares of Common Stock of the amendment to the Company’s restated articles of incorporation to increase the number of shares of the Company’s common stock authorized for issuance in an amount to provide a sufficient number of authorized shares of Common Stock for the issuance of shares upon conversion of the New Convertible Notes and, to the extent necessary, exercise of the New Warrants and (2) a majority of the shares of Common Stock represented at the special meeting and entitled to vote on the issuance of the maximum number of shares of Common Stock that would be issued upon conversion of all of the outstanding New Convertible Notes and, to the extent necessary, exercise of all of the New Warrants.

Examples of Required Stockholder Approval in a sentence

  • If on the date for which the Purchaser Special Meeting is scheduled, Purchaser has not received proxies representing a sufficient number of shares to obtain the Required Stockholder Approval, whether or not a quorum is present, Purchaser may make one or more successive postponements or adjournments of the Purchaser Special Meeting.

  • Other than the Required Stockholder Approval, no vote, consent or approval by the stockholders of the Company is required to adopt and approve this Agreement and the Transactions, including the Merger.

  • Each of the IAC Parties has all requisite power and authority to execute and deliver each Transaction Document to which it is or is contemplated to be a party, to perform its obligations thereunder and, subject to the receipt of the IAC Required Stockholder Approval, to consummate the Transactions to which it is a party.

  • The Required Stockholder Approval shall have been obtained in accordance with applicable Law and the Company Organizational Documents.

  • The insurer, as a signatory of such policy, is le- gally reliable contracting party, who informs the potential insured of clearly and unambiguously defined terms and conditions of specific insurance cover- age, which means that he is ready to perform his obligations under the policy and pay indemnity pursuant to the concluded insurance contract and paid premium.


More Definitions of Required Stockholder Approval

Required Stockholder Approval has the meaning set forth in Section 6.04(b).
Required Stockholder Approval means the adoption of this Agreement and the approval of the Transactions, including the Merger, contemplated hereby by the affirmative vote or written consent of the holders representing a majority in voting power of the outstanding Class A Shares and Class B Shares entitled to vote thereon, voting as a single class, and sixty-six and two-thirds (66 2/3%) percent of the outstanding Class B Shares, voting as a separate class.
Required Stockholder Approval has the meaning given to that term in Section 4.03(a).
Required Stockholder Approval shall have the meaning set forth in Section 2.22 of the Agreement.
Required Stockholder Approval means the approval of the Stockholder Approval Matters by holders of the issued and outstanding shares of Purchaser in accordance with the Organizational Documents of Purchaser.
Required Stockholder Approval means (a) in the case of Sections 1.4(d)(i), (ii), (iii), and (v) hereof, Disinterested Stockholder Approval, and (b) in the case of Section 1.4(d)(iv) hereof, Qualifying Stockholder Approval.
Required Stockholder Approval means the affirmative vote of a majority of shares of the Class A Common Stock represented in person or by proxy at a meeting of the stockholders of the Corporation in favor of approval of the Stockholder Proposal, provided that the total vote cast on the Stockholder Proposal represents over 50% in interest of all securities entitled to vote on the Stockholder Proposal.