Common use of Parent Stockholders’ Approval Clause in Contracts

Parent Stockholders’ Approval. The affirmative vote of stockholders of Parent required for approval and adoption of this Agreement and the Merger is a majority of the shares of Parent Common Stock outstanding and entitled to vote at a meeting of stockholders (in order to approve an amendment to the Articles of Incorporation of Parent to increase its authorized shares of Parent Common Stock in addition to the issuance of shares pursuant to the Merger).

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Allied Waste Industries Inc), Agreement and Plan of Merger (American Disposal Services Inc), Agreement and Plan of Merger (Allied Waste Industries Inc)

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Parent Stockholders’ Approval. The affirmative vote of stockholders of Parent required for approval and adoption of this Agreement and the Merger is a majority of the shares of Parent Common Stock outstanding present in person or by proxy at a meeting of such stockholders and entitled to vote at a meeting of stockholders (in order to approve an amendment to the Articles of Incorporation of Parent to increase its authorized shares of Parent Common Stock in addition to the issuance of shares pursuant to the Merger)thereat.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (United Waste Systems Inc), Agreement and Plan of Merger (Usa Waste Services Inc)

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