Unanimous Shareholders Approval Sample Clauses

Unanimous Shareholders Approval. The By-Law shall also provide that, as long as each Entity owns fifty percent (50%) of the issued and outstanding Common Shares, all resolutions and decisions of the Board and of the Shareholders shall require unanimity.
Sample 1
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Unanimous Shareholders Approval. As long as each Partner owns fifty percent (50%) of the aggregate of the issued and outstanding Class A Common Shares and Class B Common Shares of the Corporation, all resolutions and decisions of the shareholders of the Corporation shall require unanimity. For the purposes hereof, "Partner" means either: (i) the Sofinov Societe Financiere D'Innovation Inc., Societe Innovatech Du Grand Montreal and 0000-0000 Xxxxxx Inc., collectively (said parties being considered as one party) or (ii) H Power Corp., and "Partners" means both of them.
Sample 1

Related to Unanimous Shareholders Approval

  • Shareholders' Approval The holders of not less than a majority of the outstanding common stock of the Purchaser shall have voted for authorization and approval of this Agreement and the transactions contemplated hereby.

  • Stockholders Approval (i) This Agreement shall have been approved by the requisite affirmative vote of the holders of shares of Company Common Stock present and voting at the Company Stockholders’ Meeting in accordance with applicable Law (the “Company Stockholders’ Approval”) and (ii) the issuance of Parent Common Stock in connection with the Merger shall have been approved by the requisite affirmative vote of the holders of Parent Common Stock entitled to vote thereon (“Parent Stockholders’ Approval”).

  • Company Shareholder Approval The Company Shareholder Approval shall have been obtained.

  • Company Stockholder Approval The Company Stockholder Approval shall have been obtained.

  • Parent Shareholder Approval The Parent Shareholder Approval shall have been obtained.

  • Shareholder Vote The issuance of shares of Common Stock with respect to the applicable Closing, if any, shall not violate the shareholder approval requirements of the Principal Market.

  • Board and Shareholder Approval The Board of Directors and shareholders of the Company shall have approved the transactions contemplated herein.

  • Requisite Stockholder Approval The Requisite Stockholder Approval shall have been obtained.

  • Company Board Approval The Company Board has unanimously (i) determined that it is in the best interests of the Company and its stockholders, and declared it advisable, to enter into this Agreement and consummate the Merger upon the terms and subject to the conditions set forth herein; (ii) approved the execution and delivery of this Agreement by the Company, the performance by the Company of its covenants and other obligations hereunder, and the consummation of the Merger upon the terms and conditions set forth herein; and (iii) resolved to recommend that the Company Stockholders adopt this Agreement and approve the Merger in accordance with the DGCL (collectively, the “Company Board Recommendation”), which Company Board Recommendation has not been withdrawn, rescinded or modified in any way as of the date hereof.

  • Approval of Shareholders The Trust will call a special meeting of the Acquired Fund Shareholders to consider and act upon this Agreement and to take all other appropriate action necessary to obtain approval of the transactions contemplated herein.

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