Shareholders Meeting Quorum Sample Clauses

Shareholders Meeting Quorum. The quorum for a meeting of Shareholders is two Shareholders, comprising at least HBE and the Fontelina representative.
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Shareholders Meeting Quorum. The quorum at meetings of the Shareholders shall be as required by the Companies Act and shall comprise of at least one (1) representative of IGC and/or its Affiliates.
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Shareholders Meeting Quorum. Depending on the shareholdings, it may be appropriate to provide for a super majority quorum (e.g. 80%). For example, if there are three equal shareholders, a greater than majority quorum may be appropriate so that two Shareholders cannot constitute a quorum. On the other hand, it may not be appropriate in certain circumstances to enable a small minority Shareholder to prevent having a quorum. Keep in mind that a super majority quorum may provide an unintended veto.
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Shareholders Meeting Quorum. (a) A minimum of two Shareholders (entitled to vote) are required to be in attendance in order for there to be a quorum at a Shareholders’ meeting. Whilst the Foundation Shareholders remain as Shareholders, both Foundation Shareholders are required to be in attendance in order for there to be a quorum at a Shareholders’ meeting.
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Shareholders Meeting Quorum. The quorum at meetings of Shareholders shall be as per the applicable HKSAR laws.
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Shareholders Meeting Quorum. The quorum at meetings of the Shareholders shall be as required by the Companies Act, provided that the presence of Xx. Xxxxxxx Xxxxxx either in person or by proxy shall be necessary to constitute a valid quorum.
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Shareholders Meeting Quorum. (a) The quorum of Shareholders' Meetings shall be at least that number of Shareholders who together or on their own (as the case may be), hold a majority of the outstanding Shares with voting rights.
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Shareholders Meeting Quorum. The quorum at meetings of Shareholders shall be as per the applicable laws.
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Related to Shareholders Meeting Quorum

  • Shareholders Meetings IVAX shall call and hold the IVAX Shareholders' Meeting and Bergen shall call and hold the Bergen Shareholders' Meeting as promptly as practicable for the purpose of voting upon the approval of this Agreement pursuant to the Joint Proxy Statement and the Mergers contemplated hereby, and each of Bergen and IVAX shall use its reasonable efforts to hold the Shareholders' Meetings on the same day and as soon as practicable after the date on which the Registration Statement becomes effective. IVAX shall use its reasonable efforts to solicit from its shareholders proxies in favor of the approval of this Agreement and the Mergers contemplated hereby pursuant to the Joint Proxy Statement and shall take all other action necessary or advisable to secure the vote or consent of shareholders required by the FBCA or applicable stock exchange requirements to obtain such approval, except to the extent that the Board of Directors of IVAX determines in good faith after consultation with outside legal counsel (who may be IVAX's regularly engaged outside legal counsel) that the withdrawal, modification or change of its recommendation is required by its fiduciary duties to IVAX's shareholders under applicable Law, and prior to such determination any person (other than Bergen) shall have made a public announcement or otherwise communicated to IVAX with respect to a Competing Transaction that, as determined by the Board of Directors of IVAX in good faith after consultation with its outside legal counsel (who may be its regularly retained outside counsel) and financial advisors, contains terms more favorable to the shareholders of IVAX than those provided for in the Reorganization. Bergen shall use its reasonable efforts to solicit from its shareholders proxies in favor of the approval of this Agreement and the Mergers contemplated hereby pursuant to the Joint Proxy Statement, and shall take all other action necessary or advisable to secure the vote or consent of shareholders required by the NJBCA or applicable stock exchange requirements to obtain such approval, except to the extent that the Board of Directors of Bergen determines in good faith after consultation with outside legal counsel (who may be Bergen's regularly engaged outside legal counsel) that the withdrawal, modification or change of its recommendation is required by its fiduciary duties to Bergen's shareholders under applicable Law, and prior to such determination any person (other than IVAX) shall have made a public announcement or otherwise communicated to Bergen with respect to a Competing Transaction that, as determined by the Board of Directors of Bergen in good faith after consultation with its outside legal counsel (who may be its regularly retained outside counsel) and financial advisors, contains terms more favorable to the shareholders of Bergen than those provided for in the Reorganization. Each of the parties hereto shall take all other action necessary or, in the opinion of the other parties hereto, advisable to promptly and expeditiously secure any vote or consent of shareholders required by applicable Law and such party's Certificate or Articles of Incorporation and Bylaws to effect the Mergers.

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