Common use of Approval for Certain Corporate Actions Clause in Contracts

Approval for Certain Corporate Actions. Until the Substantial Ownership Requirement is no longer met, Pubco shall not permit the occurrence of the following matters relating to Pubco or the Company without first receiving the approval of the Holders holding a majority of the shares of Class B Common Stock held by the Holders as evidenced by a written resolution or consent in lieu thereof:

Appears in 6 contracts

Samples: Stockholders Agreement (Weber Inc.), Stockholders Agreement (Weber Inc.), Stockholders Agreement (BRP Group, Inc.)

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Approval for Certain Corporate Actions. Until the Substantial Ownership Requirement is no longer met, Pubco shall not permit the occurrence of the following matters relating to Pubco or the Company without first receiving the approval of the Holders holding a majority of the shares of Class B Common Stock held by the Holders as evidenced by a written resolution or consent in lieu thereof:

Appears in 5 contracts

Samples: Stockholders Agreement (Goosehead Insurance, Inc.), Stockholders Agreement (Goosehead Insurance, Inc.), Contribution Agreement (Goosehead Insurance, Inc.)

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