Common use of Acquisition of Voting Securities Clause in Contracts

Acquisition of Voting Securities. Subject to the provisions of this Agreement, during the term of this Agreement, the Shareholder agrees with the Company that, without the prior approval of a majority of the Independent Directors, the Shareholder will not, and will cause each member of the Shareholder Group not to, take any of the following actions:

Appears in 6 contracts

Samples: Shareholder Agreement (Pepsico Inc), Shareholder Agreement (Pepsiamericas Inc/Il/), Rights Agreement (Heartland Territories Holdings Inc)

AutoNDA by SimpleDocs

Acquisition of Voting Securities. Subject to the provisions of this Agreement, during the term of this Agreement, the Shareholder agrees Shareholders agree with the Company that, without the prior approval of a majority of the Independent DirectorsAffiliated Transaction Committee, the Shareholder Shareholders will not, and will cause each member of the Shareholder Group not to, take any of the following actions:

Appears in 2 contracts

Samples: Shareholder Agreement (Whitman Corp/New/), Shareholder Agreement (Whitman Corp/New/)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.