Common use of Shareholder Vote Clause in Contracts

Shareholder Vote. This Agreement may be terminated at any time prior to or on the Closing Date by either party upon written notice to the other party, if Seller shall have failed to obtain the Requisite Seller Shareholder Approval at the duly convened Special Meeting or at any adjournment thereof at which a vote on the adoption of this Agreement was taken.

Appears in 4 contracts

Samples: Merger Agreement (United Community Banks Inc), Merger Agreement (Four Oaks Fincorp Inc), Merger Agreement (United Community Banks Inc)

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Shareholder Vote. This Agreement may be terminated at any time prior to or on the Closing Date by either party upon written notice to the other party, if Seller shall have failed to obtain the Requisite Seller Shareholder Approval at the duly convened Special Meeting or at any adjournment thereof at which a vote on the adoption of this Agreement was takenis not approved by any required vote of the holders of Tidelands Stock as required by applicable law.

Appears in 3 contracts

Samples: Merger Agreement, Merger Agreement (Tidelands Bancshares Inc), Merger Agreement (United Community Banks Inc)

Shareholder Vote. This Agreement may be terminated at any time prior to or on the Closing Date by either party upon written notice to the other party, if Seller shall have failed to obtain the Requisite Seller Shareholder Approval at the duly convened Special Meeting or at any adjournment thereof at which a vote on the adoption of this Agreement was takenis not approved by any required vote of the holders of AEB Stock as required by applicable law.

Appears in 1 contract

Samples: Merger Agreement (Fidelity Southern Corp)

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Shareholder Vote. This Agreement may be terminated at any time prior to or on the Closing Date by either party upon written notice to the other party, if Seller shall have failed to obtain the Requisite Seller Shareholder Approval at the duly convened Special Meeting or at any adjournment thereof at which a vote on the adoption of this Agreement was takenis not approved by any required vote of the holders of Southcoast Stock as required by applicable law.

Appears in 1 contract

Samples: Merger Agreement (BNC Bancorp)

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