Mandatory Abandonment Sample Clauses

Mandatory Abandonment. The Merger shall be abandoned or terminated if: (a) in the event that the meeting of stockholders of MEG referred to in Section 3.01 is required, the holders of at least a majority of the shares of MEG Common Stock outstanding and entitled to vote at such meeting of stockholders shall not have voted in favor of the adoption and approval of this Agreement, the Merger, and the other transactions contemplated hereby; or (b) the holders of at least a majority of the shares of Intellicell Common Stock out­standing and entitled to vote at the meeting of stockholders of Intellicell referred to in Section 3.01 shall not have voted in favor of the adoption and approval of this Agreement, the Merger, and the other transactions contemplated hereby.

Mandatory Abandonment. The Merger shall be abandoned or terminated if all parties agree in writing.

Mandatory Abandonment. The Merger shall be abandoned or terminated if: (a) in the event that the meeting of stockholders of VNI referred to in Section 3.01 is required, the holders of at least a majority of the shares of VNI Common Stock outstanding and entitled to vote at such meeting of stockholders shall not have voted in favor of the adoption and approval of this Agreement, the Merger, and the other transactions contemplated hereby; or (b) the holders of at least a majority of the shares of Titan Common Stock outstanding and entitled to vote at the meeting of stockholders of Titan referred to in Section 3.01 shall not have voted in favor of the adoption and approval of this Agreement, the Merger, and the other transactions contemplated hereby. 77

Mandatory Abandonment. 72 ss.8.02

Mandatory Abandonment. The Merger shall be abandoned and terminated upon the earliest to occur of: (i) February 15, 1997, if on or before such date the holders of at least a majority of the shares of DGD Common Stock outstanding and entitled to vote and voting as a class and the holders of at least a majority of the shares of DGD Preferred outstanding and entitled to vote and voting as a class at the meeting of shareholders of DGD referred to in Section 3.01 shall not have voted in favor of the adoption and approval of this Agreement, the Merger, and the other transactions contemplated hereby; (ii) November 30, 1996, if on or before such date, the parties have not submitted applications for all governmental or regulatory approvals, rulings or consents (other than shareholder approval); (iii) any date after the submission of any such application on or after which DGD or ▇▇▇▇▇▇ reasonably determines that a request for information or an amendment to be made or any condition imposed or proposed to be imposed by any Person to which any such application was made is unduly burdensome; or (iv) February 28, 1997, if on or before said date all governmental, regulatory or other approvals, rulings or consents, none of which shall be subject to conditions on DGD or ▇▇▇▇▇▇ which the affected party shall reasonably deem to be unduly burdensome, necessary for the Merger shall not have been obtained.

Mandatory Abandonment. The Merger shall be abandoned if (i) the board of directors of Kinetiks, the sole shareholder of Elinear, shall not have voted in favor of the adoption and approval of this Agreement, the Merger, and the other transactions described in this Agreement; (ii) the sole shareholder of Imagenuity shall not have voted in favor of the adoption and approval of this Agreement, the Merger, and the other transactions described in this Agreement; or (iii) the Sponsors have failed to satisfy the Financing Condition set forth in the Inducement Agreement as of the Effective Time.