Common use of No Stockholder Approval Required Clause in Contracts

No Stockholder Approval Required. The acquisition of the Shares by Purchaser from Issuer does not require the approval of the stockholders of the Company under the Texas General Corporate Law ("TGCL"), the Company's articles of incorporation or bylaws, or any other requirement of law or, if stockholder approval is required it has or will, prior to the Closing, be properly obtained in accordance with the requirements of the Company's articles of incorporation and by-laws and the TGCL.

No Stockholder Approval Required. The acquisition of the Shares by Purchaser from Issuer Seller does not require the approval of the stockholders of the Company under the Texas General Corporate Law ("TGCL"), the Company's articles of incorporation or bylaws, or any other requirement of law or, if stockholder approval is required it has or will, prior to the Closing, be properly obtained in accordance with the requirements of the Company's articles of incorporation and by-laws and the TGCL.