Requisite Stockholder Approval definition

Requisite Stockholder Approval means the affirmative vote of the holders of a majority of that company’s issued and outstanding shares entitled to vote on the Merger actually voting in favor of this Agreement and the Merger.
Requisite Stockholder Approval shall have the meaning set forth in Section 4.20.
Requisite Stockholder Approval means the stockholder approval contemplated by Rule 5635 of the Nasdaq listing rules with respect to the issuance of shares of Class A Common Stock upon conversion of the Series A Preferred Stock in excess of the limitations imposed by such rule; provided, however, that the Requisite Stockholder Approval will be deemed to be obtained if, due to any amendment or binding change in the interpretation of the applicable Nasdaq listing rules, such stockholder approval is no longer required for the Company to settle all conversions of the Series A Preferred Stock and accrued but unpaid Dividends in shares of Class A Common Stock.

Examples of Requisite Stockholder Approval in a sentence

  • Notwithstanding the foregoing, under no circumstances shall the number of Warrant Shares be reduced as a result of the adjustments pursuant to this Section 3(g) and no adjustment or issuance pursuant to this Section 3(g) shall become effective unless and until the Requisite Stockholder Approval has been obtained.

  • As used herein, “Requisite Stockholder Approval” means the stockholder approval contemplated by Nasdaq Listing Rule 5635 with respect to the adjustment provision in this Warrant pursuant to this Section 3(g); provided, however, that the Requisite Stockholder Approval will be deemed to be obtained if, due to any amendment or binding change in the interpretation of the applicable listing standards of the Nasdaq Capital Market, such stockholder approval is no longer required.


More Definitions of Requisite Stockholder Approval

Requisite Stockholder Approval has the meaning set forth in Section 3.3.
Requisite Stockholder Approval means the affirmative vote of a majority of the votes cast at a regular or special meeting of the stockholders of the Corporation (at which a quorum is present), in accordance with the NASDAQ Listing Rule 5635(d) for the approval of the conversion and the voting of Excess Conversion Shares in accordance with this Certificate.
Requisite Stockholder Approval means the stockholder approval contemplated by NASDAQ listing rule 5635 (or its successor) with respect to the issuance of shares of Common Stock upon conversion of Preferred Conversion Shares in excess of the limitations imposed by such rule.
Requisite Stockholder Approval means the approval by the holders of Common Stock of the Company for the issuance of shares of Common Stock in excess of the Share Cap in accordance with the rules of The Nasdaq Stock Market LLC.
Requisite Stockholder Approval means the approval of this Agreement and the Transactions by (i) the stockholders of Seller who hold at least a majority of the voting power of the outstanding shares of capital stock, voting together as a single class, (ii) a majority of the voting power of the Common Stock, voting together as a single class and (iii) a majority of the voting power of the Preferred Stock, voting as a single class.
Requisite Stockholder Approval means the stockholder approval contemplated by Nasdaq Listing Standard Rule 5635(d) with respect to the issuance of shares of Common Stock upon conversion of this Note in excess of the limitations imposed by such rule; provided, however, that the Requisite Stockholder Approval will be deemed to be obtained if, due to any amendment or binding change in the interpretation of the applicable listing standards of The Nasdaq Capital Market, such stockholder approval is no longer required for the Company to settle all conversions of this Note by delivering shares of Common Stock without limitation pursuant to Section 8(K)(ii).