Common use of Stockholder Voting Rights Clause in Contracts

Stockholder Voting Rights. Without the approval of holders of a majority of the Company’s securities entitled to vote on the matter, the Adviser shall not: (i) amend this Agreement except for amendments that do not adversely affect the interests of the stockholders; (ii) voluntarily withdraw as the Adviser, unless such withdrawal would not affect the tax status of the Company and would not materially adversely affect the stockholders; (iii) appoint a new Adviser; (iv) sell all or substantially all of the Company’s assets other than in the ordinary course of the Company’s business; or (v) cause the merger or other reorganization of the Company.

Appears in 7 contracts

Samples: Investment Advisory Agreement (CION Investment Corp), Investment Advisory and Administrative Services Agreement (Yorke Capital Corp), Investment Advisory Agreement (Griffin-Benefit Street Partners BDC Corp.)

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Stockholder Voting Rights. Without the approval of holders of a majority of the Company’s securities shares entitled to vote on the matter, the Adviser shall not: (i) amend this Agreement except for amendments that do not adversely affect the interests of the stockholders; (ii) voluntarily withdraw as the Adviser, Adviser unless such withdrawal would not affect the tax status of the Company and would not materially adversely affect the stockholders; (iii) appoint a new Adviser; (iv) sell all or substantially all of the Company’s assets other than in the ordinary course of the Company’s business; or (v) cause the merger or other reorganization of the Company.

Appears in 4 contracts

Samples: Investment Advisory Agreement (Sierra Income Corp), Investment Advisory Agreement (Sierra Income Corp), Investment Advisory Agreement (Sierra Income Corp)

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