Common use of Size and Composition Clause in Contracts

Size and Composition. From and after the Effective Date, (1) for so long as it owns more than 5% of the then outstanding shares of Common Stock, the Sponsor shall: (i) vote or otherwise give the Sponsor’s consent in respect of all shares of Common Stock (whether now owned or hereafter acquired) owned by the Sponsor, and (ii) take all other appropriate action; and (2) the Company shall take all necessary and desirable actions (subject to any applicable securities exchange or equivalent listing requirements), including at each annual or special meeting of the stockholders of the Company called for the election of directors, and whenever the stockholders of the Company act by written consent with respect to the election of directors, to cause:

Appears in 3 contracts

Samples: Stockholders Agreement (Savers Value Village, Inc.), Stockholders Agreement (Savers Value Village, Inc.), Stockholders Agreement (Savers Value Village, Inc.)

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Size and Composition. From and after the Effective Date, (1) for so long as it owns more than 5% of the then outstanding shares of Common Stock, the each Sponsor shall: (i) vote or otherwise give the such Sponsor’s consent in respect of all shares of Common Stock (whether now owned or hereafter acquired) owned by the such Sponsor, and (ii) take all other appropriate action; and (2) the Company shall take all necessary and desirable actions (subject to any applicable securities exchange or equivalent listing requirements), including at each annual or special meeting of the stockholders of the Company called for the election of directors, and whenever the stockholders of the Company act by written consent with respect to the election of directors, to cause:

Appears in 2 contracts

Samples: Stockholders Agreement (AZEK Co Inc.), Stockholders Agreement (CPG Newco LLC)

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Size and Composition. From and after the Effective Date, (1) for each Sponsor, so long as it owns more than 5% of the then outstanding shares of Common Stock, the Sponsor shall: shall (i) vote or otherwise give the such Sponsor’s consent in respect of all shares of Common Stock (whether now owned or hereafter acquired) owned by the such Sponsor, and (ii) take all other appropriate action; , and (2) the Company shall take all necessary and desirable actions (subject to any applicable securities exchange or equivalent listing requirements), including at each annual or special meeting of the stockholders of the Company called for the election of directors, and whenever the stockholders of the Company act by written consent with respect to the election of directors, to cause:

Appears in 2 contracts

Samples: Stockholders Agreement (GNC Holdings, Inc.), Stockholders Agreement (GNC Acquisition Holdings Inc.)

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