Seller Board and Shareholder Approval. The Board of Directors of Seller shall have approved this Agreement, the Merger, LLC Amendment, Sale by Seller of the Membership Interests and, to the extent applicable, the other transactions contemplated hereby. Not less than the majority of the shares of Seller entitled to vote shall have voted, in accordance with Applicable Law, in favor of approving this Agreement.
Appears in 3 contracts
Samples: Plan of Reorganization and Purchase Agreement, Plan of Reorganization and Purchase Agreement (RE/MAX Holdings, Inc.), Plan of Reorganization and Purchase Agreement (RE/MAX Holdings, Inc.)
Seller Board and Shareholder Approval. The Board of Directors of Seller shall have approved this Agreement, the Merger, LLC Amendment, Sale by Seller of the Membership Interests and, to the extent applicable, the other transactions contemplated hereby. Not less than the majority of the shares of Seller entitled to vote shall have voted, in accordance with Applicable Law, in favor of approving this Agreement.
Appears in 3 contracts
Samples: Plan of Reorganization and Purchase Agreement, Plan of Reorganization and Purchase Agreement (RE/MAX Holdings, Inc.), Plan of Reorganization and Purchase Agreement (RE/MAX Holdings, Inc.)
