Common use of Extraordinary Actions Clause in Contracts

Extraordinary Actions. Except as specifically provided in Section 5.6 (relating to removal of directors) and in Section 7.2 (relating to certain actions and certain amendments to the charter of the Corporation (the “Charter”)), notwithstanding any provision of law requiring any action to be taken or approved by the affirmative vote of stockholders entitled to cast a greater number of votes, any such action shall be effective and valid if declared advisable by the Board of Directors and taken or approved by the affirmative vote of stockholders entitled to cast a majority of all the votes entitled to be cast on the matter.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Alcentra Capital Corp), Agreement and Plan of Merger (Crescent Capital BDC, Inc.), Agreement and Plan of Merger (Crescent Capital BDC, Inc.)

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Extraordinary Actions. Except as specifically provided in Section 5.6 4.8 of this Article IV (relating to removal of directors) and in Section 7.2 (relating to certain actions and certain amendments to the charter of the Corporation (the “Charter”)), notwithstanding any provision of law permitting or requiring any action to be taken or approved by the affirmative vote of stockholders the holders of shares entitled to cast a greater number of votes, any such action shall be effective and valid if declared advisable by the Board of Directors and taken or approved by the affirmative vote of stockholders holders of shares entitled to cast a majority of all the votes entitled to be cast on the matter.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (American Assets Trust, Inc.), Agreement and Plan of Merger (American Assets Trust, Inc.)

Extraordinary Actions. Except as specifically provided in Section 5.6 7.7 (relating to removal of directorsDirectors) and in Section 7.2 (relating to certain actions and certain amendments to the charter of the Corporation (the “Charter”))Article IX, notwithstanding any provision of law permitting or requiring any action to be taken or approved by the affirmative vote of stockholders the holders of Shares entitled to cast a greater number of votes, any such action shall be effective and valid if declared advisable by the Board of Directors and taken or approved by the affirmative vote of stockholders holders of Shares entitled to cast a majority of all the votes entitled to be cast on the matter.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (MVP REIT, Inc.), Agreement and Plan of Merger (MVP REIT II, Inc.)

Extraordinary Actions. Except as specifically provided in Section 5.6 5.2 (relating to removal of directorsTrustees) and in Section 7.2 (relating to certain actions and certain amendments to the charter of the Corporation (the “Charter”))12.3, notwithstanding any provision of law permitting or requiring any action to be taken or approved authorized by the affirmative vote of stockholders shareholders entitled to cast a greater number of votes, any such action shall be effective and valid if declared advisable advised by the Board of Directors Trustees and taken or approved by the affirmative vote of stockholders holders of Shares entitled to cast a majority of all the votes entitled to be cast on the matter.

Appears in 1 contract

Samples: Shareholders Agreement (Americold Realty Trust)

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Extraordinary Actions. Except as specifically provided in Section 5.6 4.8 (relating to removal of directors) and in Section 7.2 Article VII (relating to certain actions amendments and certain amendments to transactions outside the charter ordinary course of the Corporation (the “Charter”)business), notwithstanding any provision of law permitting or requiring any action to be taken or approved by the affirmative vote of stockholders the holders of shares entitled to cast a greater number of votes, any such action shall be effective and valid if declared advisable by the Board of Directors and taken or approved by the affirmative vote of stockholders holders of shares entitled to cast a majority of all the votes entitled to be cast on the matter.

Appears in 1 contract

Samples: Agreement and Plan of Merger (MPG Office Trust, Inc.)

Extraordinary Actions. Except as specifically provided in Section 5.6 4.08 (relating to removal of directorsDirectors), in Section 7.02 (relating to certain amendments to the Charter) and in Section 7.2 7.02 (relating to certain actions and certain amendments to the charter of the Corporation (the “Charter”)actions), notwithstanding any provision of law permitting or requiring any action to be taken or approved by the affirmative vote of stockholders entitled to cast a greater number of votes, any such action shall be effective and valid if declared advisable by the Board of Directors and taken or approved by the affirmative vote of stockholders entitled to cast a majority of all the votes entitled to be cast on the matter.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Varagon Capital Corp.)

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