Common use of Required Stockholder Vote Clause in Contracts

Required Stockholder Vote. The affirmative vote of the holders of a majority of the Target Common Shares outstanding as of the record date (the “Record Date”) for the Target Special Meeting (the “Target Stockholders’ Approval”) is the only vote required of the holders of any class or series of Target’s capital stock that shall be necessary to adopt this Agreement and to consummate the Transactions.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Stone Energy Corp), Agreement and Plan of Merger (Plains Exploration & Production Co)

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Required Stockholder Vote. The affirmative vote of the holders of a majority of the Target Common Shares entitled to vote and outstanding as of the record date (the “Record Date”) for the Target Special Meeting (the “Target Stockholders’ Approval”) is the only vote required of the holders of any class or series of Target’s capital stock that shall be necessary to adopt this Agreement and to consummate the Transactions.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Stone Energy Corp), Agreement and Plan of Merger (Energy Partners LTD)

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