Common use of Approval of Owners Clause in Contracts

Approval of Owners. The Owners shall have approved the Merger in ------------------ accordance with the requirements of the California Act and the Company shall have provided Premiere certified copies of such resolutions, and Owners holding no more than ten percent (10%) of the Company Common Stock issued and outstanding immediately prior to the Effective Time shall have exercised any of the rights described in Section 2.4.

Appears in 2 contracts

Samples: Transfer Agreement (Premiere Technologies Inc), Transfer Agreement (Premiere Technologies Inc)

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Approval of Owners. The Owners shall have approved the Merger in ------------------ accordance with the requirements of the California Act and the Company shall have provided Premiere certified copies of such resolutions, and Owners holding no more than ten percent (10%) of the Company Common Stock issued and outstanding immediately prior to the Effective Time shall have exercised any of the rights described in Section 2.4.

Appears in 1 contract

Samples: Transfer Agreement (Premiere Technologies Inc)

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Approval of Owners. The Owners shall have approved the Merger in ------------------ accordance with the requirements of the California Act and the Company shall have provided Premiere certified copies of such resolutions, and Owners holding no more than ten two percent (102%) of the Company Common Stock issued and outstanding immediately prior to the Effective Time shall have exercised any of the rights described in Section 2.4.

Appears in 1 contract

Samples: Transfer Agreement (Premiere Technologies Inc)

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