Common use of Consents, Approvals and Actions Clause in Contracts

Consents, Approvals and Actions. (a) If any consent, approval, or action of the Shareholder Group is required at any time pursuant to this Agreement, such consent, approval, or action shall be deemed given if the holders of a majority of the Shares beneficially owned by the Shareholder Group at such time provide such consent, approval, or action in writing at such time. (b) For purposes of clarity, the operation of this Section 3.17 shall not deprive the Shareholder Group of its rights pursuant to Section 2.1.

Appears in 4 contracts

Samples: Shareholders Agreement (Capital Maritime & Trading Corp.), Shareholders Agreement (Capital Clean Energy Carriers Corp.), Shareholder Agreement (Capital Maritime & Trading Corp.)

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Consents, Approvals and Actions. (a) If any consent, approval, or action of the Shareholder Group is required at any time pursuant to this Agreement, such consent, approval, or action shall be deemed given if the holders of a majority of the Shares beneficially owned held by the Shareholder Group at such time provide such consent, approval, or action in writing at such time. (b) For purposes of clarity, the operation of this Section 3.17 3.19 shall not deprive the Shareholder Group of its rights pursuant to Section 2.1.

Appears in 1 contract

Samples: Stockholder Agreement (WEBTOON Entertainment Inc.)

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Consents, Approvals and Actions. (a) If any consent, approval, or action of the Shareholder NAVER Group is required at any time pursuant to this Agreement, such consent, approval, or action shall be deemed given if the holders of a majority of the Shares beneficially owned held by the Shareholder NAVER Group at such time provide such consent, approval, or action in writing at such time. (b) For purposes of clarity, the operation of this Section 3.17 3.19 shall not deprive the Shareholder NAVER Group of its rights pursuant to Section 2.1.

Appears in 1 contract

Samples: Stockholder Agreement (WEBTOON Entertainment Inc.)

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