Requisite Investor Approval definition

Requisite Investor Approval means the prior written consent of the Requisite Investors.
Requisite Investor Approval means the approval of (a) each of the Principal Investors that then holds Registrable Securities and (b) to the extent only one Principal Investor holds Registrable Securities, such Principal Investor; provided that, for purposes of this definition, a Principal Investor shall be deemed to have approved an action to the extent that such Principal Investor or its Affiliates holding a majority of the Issuer Shares held by such Principal Investor and its Affiliates in the aggregate vote in favor of, or provide their written consent to, such action.
Requisite Investor Approval means the approval of the Holders owning a majority of the Registrable Securities at any time; provided, that, for purposes of this definition, any Holder shall be deemed to have approved an action to the extent that such Holder votes in favor of, or provides its written consent to, such action.

Examples of Requisite Investor Approval in a sentence

  • If such resignation is accepted by the Board, then the Company and the Stockholders shall cause the authorized size of the Board to be reduced accordingly unless the Company with Requisite Investor Approval determines not to reduce the authorized size of the Board.

  • The Independent Manager may be removed, with or without cause, only with Requisite Investor Approval.

  • The Management Manager may be removed, with or without cause, only with Board Approval and Requisite Investor Approval; provided, that the Management Manager shall be automatically removed if he is no longer the Chief Executive Officer.

  • If such resignation is then accepted by the Board, the Company and the Stockholders shall cause the authorized size of the Board to be reduced accordingly unless the Company with Requisite Investor Approval determines not to reduce the authorized size of the Board.

  • Without Requisite Investor Approval, neither the Company nor any of its subsidiaries shall enter into any agreement granting registration or similar rights to any Person, and the Company hereby represents and warrants that, as of the date hereof, no registration or similar rights have been granted to any other Person other than pursuant to this Agreement.Section 3.9. Registration Expenses.


More Definitions of Requisite Investor Approval

Requisite Investor Approval means the approval of (a) both Principal Investors for so long as each Principal Investor and its Affiliates beneficially own in the aggregate the Principal Investor Minimum, (b) to the extent only one Principal Investor and its Affiliates beneficially own in the aggregate the Principal Investor Minimum, such Principal Investor and (c) to the extent neither of the Principal Investors together with its respective Affiliates beneficially own in the aggregate the Principal Investor Minimum, holders of a majority of the Issuer Shares; provided that, for purposes of this definition, a Principal Investor shall be deemed to have approved an action to the extent that such Principal Investor or its Affiliates holding a majority of the Issuer Shares held by such Principal Investor and its Affiliates vote in favor of, or provide their written consent to, such action.
Requisite Investor Approval means (a) for so long as each Principal Sponsor holds at least the Principal Sponsor Minimum, the approval of a majority of the Board, including in each case at least one director designated by each Principal Sponsor; and (b) to the extent only one Principal Sponsor holds the Principal Sponsor Minimum, the approval of a majority of the Board, including in each case at least one director designated by such Principal Sponsor. At such time as neither Principal Sponsor holds at least the Principal Sponsor Minimum, any action requiring “Requisite Investor Approval” shall be determined by the Company or the Board in accordance with applicable law.
Requisite Investor Approval means the approval (a) of holders (acting in their capacity as Members) of at least a majority of the outstanding Class A Units, including if necessary to constitute such a majority, the Linn Group and (b) the Linn Group.
Requisite Investor Approval means (a) for so long as each Principal Sponsor holds at least the Principal Sponsor Minimum, the approval of a majority of the Canadian Parent Board, including in each case at least one Principal Sponsor Designee of each Principal Sponsor; (b) to the extent only one Principal Sponsor holds the Principal Sponsor Minimum, the approval of a majority of the Canadian Parent Board, including in each case at least one Principal Sponsor Designee of such Principal Sponsor. At such time as neither Principal Sponsor holds at least the Principal Sponsor Minimum, any action requiring “Requisite Investor Approval” shall be determined by Canadian Parent or the Canadian Parent Board in accordance with applicable law.
Requisite Investor Approval means (a) for so long as each Principal Sponsor holds at least the Principal Sponsor Minimum, the approval of a majority of the U.S. Parent Board, including in each case at least one Principal Sponsor Designee of each Principal Sponsor; (b) to the extent only one Principal Sponsor holds the Principal Sponsor Minimum, the approval of a majority of the U.S. Parent Board, including in each case at least one Principal Sponsor Designee of such Principal Sponsor. At such time as neither Principal Sponsor holds at least the Principal Sponsor Minimum, any action requiring “Requisite Investor Approval” shall be determined by U.S. Parent or the U.S. Parent Board in accordance with applicable law.
Requisite Investor Approval means, for so long as STORE Holding holds at least the Principal Sponsor Minimum, the approval of a majority of the Board, including in each case at least one director designated by STORE Holding. At such time as STORE Holding does not hold at least the Principal Sponsor Minimum, any action requiring “Requisite Investor Approval” shall be determined by the Company or the Board in accordance with applicable law, the Company Bylaws and the Company Charter.
Requisite Investor Approval means the approval of (a) each of the Principal Investors for so long as each Principal Investor and its Affiliates beneficially own in the aggregate the Principal Investor Minimum and (b) to the extent only one Principal Investor and its Affiliates beneficially own in the aggregate the Principal Investor Minimum, such Principal Investor; provided that, for purposes of this definition, a Principal Investor shall be deemed to have approved an action to the extent that such Principal Investor or its Affiliates holding a majority of the Issuer Shares held by such Principal Investor and its Affiliates in the aggregate vote in favor of, or provide their written consent to, such action.