Common use of Board Approval; Stockholder Approval Clause in Contracts

Board Approval; Stockholder Approval. The board of directors at a meeting duly called and held has unanimously determined the contemplated transactions to be advisable and in the best interests of the Seller and its stockholders and has approved the contemplated transactions. To the extent approval by the Seller’s stockholders is necessary in connection with the execution and delivery of the Agreement or the consummation of the contemplated transactions, such approval has been obtained.

Appears in 1 contract

Samples: Securities Purchase Agreement (Seven Stars Cloud Group, Inc.)

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Board Approval; Stockholder Approval. The board Board of directors Directors at a meeting duly called and held has unanimously determined the contemplated transactions Contemplated Transactions to be advisable and in the best interests of the Seller and its stockholders and has approved the contemplated transactionsContemplated Transactions. To the extent approval by the Seller’s stockholders is necessary in connection with the execution and delivery of the Agreement Wecast Agreements or the consummation of the contemplated transactionsContemplated Transactions, such approval has been obtained.

Appears in 1 contract

Samples: Securities Purchase Agreement (Wecast Network, Inc.)

Board Approval; Stockholder Approval. The board Board of directors Directors at a meeting duly called and held has unanimously determined the contemplated transactions Contemplated Transactions to be advisable and in the best interests of the Seller and its stockholders and has approved the contemplated transactionsContemplated Transactions. To the extent approval by the Seller’s Sellers stockholders is necessary in connection with the execution and delivery of the Agreement or the consummation of the contemplated transactionsContemplated Transactions, such approval has been obtained.

Appears in 1 contract

Samples: Securities Purchase Agreement (Seven Stars Cloud Group, Inc.)

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Board Approval; Stockholder Approval. The board Board of directors Directors at a meeting duly called and held has unanimously determined the contemplated transactions Contemplated Transactions to be advisable and in the best interests of the Seller and its stockholders and has approved the contemplated transactionsContemplated Transactions. To the extent approval by the Seller’s stockholders is necessary in connection with the execution and delivery of the Agreement or the consummation of the contemplated transactionsContemplated Transactions, such approval has been obtained.

Appears in 1 contract

Samples: Securities Purchase Agreement (Wecast Network, Inc.)

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