Board Approval of Certain Transactions Sample Clauses

Board Approval of Certain Transactions. So long as Investors hold at least one million one hundred and twenty-five thousand (1,125,000) shares of Preferred Stock, as adjusted for any stock dividends, combinations, splits, recapitalizations and the like with respect to the Preferred Stock after the date hereof, the Company shall not without the approval of a majority of the Board, including at least two of the Preferred Directors:
Sample 1Sample 2Sample 3See All (4)
AutoNDA by SimpleDocs
Board Approval of Certain Transactions. The Company will not do any of the following unless previously approved by the Board of Directors, including the affirmative vote of at least a majority of the directors designated by the holders of the Shares:
Sample 1
Board Approval of Certain Transactions. Prior approval of the Board of Directors, including at least two of the directors elected by the holders of Preferred Stock, shall be required for the Company to take any of the following actions:
Sample 1Sample 2
Board Approval of Certain Transactions. The Company covenants and agrees that, from the date hereof through the termination of this Agreement, the Company shall not take any of the following actions without the approval of at least two-thirds (2/3) of the members of the Company’s Board of Directors (of which one of the members voting in favor must be a Lone Oak Designee), whether at a meeting or pursuant to written consent:
Sample 1Sample 2
Board Approval of Certain Transactions. In addition to those actions or transactions ordinarily requiring approval of the Boards of Directors, the following actions of the Corporation and its Subsidiaries, shall require the affirmative vote of a majority of the respective Boards of Directors:
Sample 1
Board Approval of Certain Transactions. (a) The Company will not do any of the following, unless previously approved by a majority of the Board, including the affirmative vote of at least three of the Series Designees:
Sample 1

Related to Board Approval of Certain Transactions

  • Notice of Certain Transactions In the event that:

  • Exclusion of Certain Transactions (i) If the Company or the Operating Partnership shall propose to enter into any transaction in which the Advisor, any Affiliate of the Advisor or any of the Advisor’s directors or officers has a direct or indirect interest, then such transaction shall be approved by a majority of the Board not otherwise interested in such transaction, including a majority of the Independent Directors.

  • Effect of Certain Transactions Subject to Section 9, in the event of (a) the liquidation or dissolution of the Company or (b) a merger or consolidation of the Company (a “Transaction”), the Option shall continue in effect in accordance with its terms, except that following the Transaction either (i) each outstanding Option shall be treated as provided for in the plan of liquidation or dissolution adopted, or the agreement entered into, in connection with the Transaction or (ii) if not so provided in such plan or agreement, the Optionee shall be entitled to receive in respect of each share of Common Stock subject to the Option, upon exercise of the Option, the same number and kind of stock, securities, cash, property or other consideration that each holder of a share of Common Stock was entitled to receive in the Transaction in respect of a share of Common Stock; provided, however, that such stock, securities, cash, property, or other consideration shall remain subject to all of the conditions, restrictions and performance criteria which were applicable to the Option prior to such Transaction.

  • Certain Transactions The Warrant Agent, and its officers, directors and employees, may become the owner of, or acquire any interest in, Warrants, with the same rights that it or they would have if it were not the Warrant Agent hereunder, and, to the extent permitted by applicable law, it or they may engage or be interested in any financial or other transaction with the Company and may act on, or as depositary, trustee or agent for, any committee or body of holders of Warrant Securities or other obligations of the Company as freely as if it were not the Warrant Agent hereunder. Nothing in this Warrant Agreement shall be deemed to prevent the Warrant Agent from acting as trustee under any indenture to which the Company is a party.

  • ADJUSTMENTS TO THE RIGHTS IN THE EVENT OF CERTAIN TRANSACTIONS 3.1 Flip-in Event

  • Notices of Certain Transactions In case:

  • Authorization to Enter into Certain Transactions (a) The Trustees shall conduct the affairs of the Trust in accordance with and subject to the terms of this Trust Agreement. In accordance with the following provisions (i) and (ii), the Trustees shall have the authority to enter into all transactions and agreements determined by the Trustees to be appropriate in exercising the authority, express or implied, otherwise granted to the Trustees, under this Trust Agreement, and to perform all acts in furtherance thereof, including the following:

  • Survival of Certain Terms The provisions of Sections 9, 10, 11, 14 and 22 of this Agreement shall survive the termination of this Agreement; provided, however, that the survival of such provisions after the termination of this Agreement shall in no way constitute an extension of the Term. Except as set forth in the prior sentence, all other rights and obligations of the Parties shall cease upon termination of this Agreement.

  • Certain Transfers Void Any purported Transfer of shares of Common Stock or Restricted Shares in breach of any provision of this Agreement shall be void and ineffectual, and shall not operate to Transfer any interest or title in the purported transferee.

  • Certain Transfers The sale of all or substantially all of Tenant's assets (other than bulk sales in the ordinary course of business) or, if Tenant is a corporation, an unincorporated association, or a partnership, the transfer, assignment or hypothecation of any stock or interest in such corporation, association, or partnership in the aggregate of twenty-five percent (25%) (except for publicly traded shares of stock constituting a transfer of twenty-five percent (25%) or more in the aggregate, so long as no change in the controlling interest of Tenant occurs as a result thereof) shall be deemed an assignment within the meaning and provisions of this Article. Notwithstanding the foregoing, Landlord's consent shall not be required for the assignment of this Lease as a result of a merger by Tenant with or into another entity, so long as (i) the net worth of the successor entity after such merger is at least equal to the greater of the net worth of Tenant as of the execution of this Lease by Landlord or the net worth of Tenant immediately prior to the date of such merger, evidence of which, satisfactory to Landlord, shall be presented to Landlord prior to such merger, (ii) Tenant shall provide to Landlord, prior to such merger, written notice of such merger and such assignment documentation and other information as Landlord may request in connection therewith, and (iii) all of the other terms and requirements of this Article shall apply with respect to such assignment.

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