Common use of Required Vote and Waiver; Board Approval Clause in Contracts

Required Vote and Waiver; Board Approval. (a) The only vote or waiver of rights of the holders of any class or series of capital stock of HNWC required by law, rule or regulation to approve and adopt this Agreement and/or any of the other transactions contemplated hereby, including the Merger (collectively, the "HNWC Stockholder Approval") is the affirmative vote of the holders of more than fifty percent of the outstanding shares of HNWC Common Stock in favor of the approval and adoption of this Agreement and approval of the Merger.

Appears in 6 contracts

Samples: Agreement and Plan of Merger (Hawaiian Natural Water Co Inc), Agreement and Plan of Merger (Hawaiian Natural Water Co Inc), Agreement and Plan of Merger (Amcon Distributing Co)

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