Common use of Consents, Approvals and Actions Clause in Contracts

Consents, Approvals and Actions. If any consent, approval or action of a Principal Party is required or permitted at any time pursuant to this Investor Rights Agreement, such consent, approval or action shall be deemed given if the holders of a majority of the outstanding Equity Securities of PubCo held by such Principal Party at such time provide such consent, approval or action in writing at such time.

Appears in 6 contracts

Samples: Investor Rights Agreement (Goal Acquisitions Corp.), Business Combination Agreement (Goal Acquisitions Corp.), Business Combination Agreement (Goal Acquisitions Corp.)

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Consents, Approvals and Actions. If any consent, approval or action of a Principal Party or Highlander is required or permitted at any time pursuant to this Investor Rights Agreement, such consent, approval or action shall be deemed given if the holders of a majority of the outstanding Equity Securities of PubCo held by such Principal Party or Highlander, respectively, at such time provide such consent, approval or action in writing at such time.

Appears in 3 contracts

Samples: Investor Rights Agreement (Magnum Opus Acquisition LTD), Investor Rights Agreement (Magnum Opus Acquisition LTD), Business Combination Agreement (Magnum Opus Acquisition LTD)

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