Company Negative Covenants. So long as the Purchaser shall be the beneficial owner of eighty percent (80%) of the aggregate number of Class A Common Shares and Equivalents acquired by the Purchaser under this Agreement, the Company shall not take any of the following actions without the prior approval or consent of either (i) the Purchaser, or (ii) the holders of at least 80% of the holders of the Class B Common Shares:
Appears in 4 contracts
Samples: Stock Purchase Agreement (Asia Special Situation Acquisition Corp), Stock Purchase Agreement (China Tel Group Inc), Stock Purchase Agreement (China Tel Group Inc)