Grant of Consent. Any vote, consent or approval of, or designation by, or other action of, any Sponsor Group hereunder shall be deemed to be given with respect to all members of such Sponsor Group if such vote, consent, approval, designation or action is given by members of such Sponsor Group having a pecuniary interest in a majority of the shares of Common Stock over which all members of such Sponsor Group then have a pecuniary interest and shall be effective if notice of such vote, consent, approval, designation or action is provided in accordance with Section 4.2 by the respective parties as of the latest date any such notice is so provided.
Appears in 4 contracts
Samples: Stockholders Agreement, Stockholders Agreement (Vivint Solar, Inc.), Stockholders Agreement (Vivint Solar, Inc.)
Grant of Consent. Any vote, consent or approval of, or designation by, or other action of, any of a Sponsor Group hereunder shall be deemed to be given with respect to all members of such a Sponsor Group if such vote, consent, approval, designation consent or action approval is given by members of such Sponsor Group having a pecuniary interest in record ownership of a majority of the shares of Common Stock over which all members of such Sponsor Group then have a pecuniary interest and shall be effective if notice of such vote, consent, approval, designation or action is provided in accordance with Section 4.2 by the respective parties as of the latest date any such notice is so providedrecord ownership.
Appears in 2 contracts
Samples: Stockholders’ Agreement (PBF Energy Inc.), Stockholders’ Agreement (PBF Energy Inc.)
Grant of Consent. Any vote, consent or approval of, or designation by, or other action of, any of a Sponsor Group hereunder shall be deemed to be given with respect to all members of such a Sponsor Group if such vote, consent, approval, designation consent or action approval is given by members of such Sponsor Group having a pecuniary interest in a majority of the shares of Common Stock over which all members of such Sponsor Group then have a pecuniary interest and shall be effective if notice of such vote, consent, approval, designation or action is provided in accordance with Section 4.2 by the respective parties as of the latest date any such notice is so providedinterest.
Appears in 1 contract
Samples: 2011 Stockholders’ Agreement (Vanguard Health Systems Inc)
