Common use of MRP Shares Held by Company, Etc Clause in Contracts

MRP Shares Held by Company, Etc. Solely for the purpose of determining whether the holders of the requisite percentage of the aggregate number of MRP Shares then outstanding approved or consented to any amendment, waiver or consent to be given under this Agreement or the Articles Supplementary, or have directed the taking of any action provided herein or therein to be taken upon the direction of the holders of a specified percentage of the aggregate number of MRP Shares then outstanding, MRP Shares directly or indirectly owned by the Company or any of its Affiliates shall be deemed not to be outstanding.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Tortoise Midstream Energy Fund, Inc.), Securities Purchase Agreement (Tortoise MLP Fund, Inc.), Securities Purchase Agreement (Tortoise MLP Fund, Inc.)

AutoNDA by SimpleDocs

MRP Shares Held by Company, Etc. Solely for the purpose of determining whether the holders of the requisite percentage of the aggregate number of MRP Shares then outstanding approved or consented to any amendment, waiver or consent to be given under this Agreement or the Articles SupplementaryAgreement, or have directed the taking of any action provided herein or therein to be taken upon the direction of the holders of a specified percentage of the aggregate number of MRP Shares then outstanding, MRP Shares directly or indirectly owned by the Company or any of its Affiliates shall be deemed not to be outstanding.

Appears in 1 contract

Samples: Securities Purchase Agreement (Tortoise Pipeline & Energy Fund, Inc.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!