Common use of VOTE WITH RESPECT TO MERGER Clause in Contracts

VOTE WITH RESPECT TO MERGER. Each Stockholder Party shall vote all of the shares of the common stock of Giant or Hollx, xx the case may be, owned by such Stockholder Party at every meeting of stockholders of Giant or Hollx, xx the case may be, and at every adjournment thereof, (i) in favor of approval of the Merger and any matter that could reasonably be expected to facilitate the Merger and (ii) against any proposal for any recapitalization, merger, sale of assets or business combination (other than the Merger) or any other action or agreement that could reasonably be expected to hinder the Merger or would result in a breach of any covenant contained in the Merger Agreement. Nothing herein limits the exercise of fiduciary duties of a Stockholder Party in his or her capacity as a director of Giant or Hollx.

Appears in 2 contracts

Samples: Major Stockholders' Agreement (Norsworthy Lamar), Agreement and Plan of Merger (Holly Corp)

AutoNDA by SimpleDocs

VOTE WITH RESPECT TO MERGER. Each Stockholder Party shall vote all of the shares of the common stock of Giant or HollxXxxxx, xx as the case may be, owned by such Stockholder Party at every meeting of stockholders of Giant or HollxXxxxx, xx as the case may be, and at every adjournment thereof, (i) in favor of approval of the Merger and any matter that could reasonably be expected to facilitate the Merger and (ii) against any proposal for any recapitalization, merger, sale of assets or business combination (other than the Merger) or any other action or agreement that could reasonably be expected to hinder the Merger or would result in a breach of any covenant contained in the Merger Agreement. Nothing herein limits the exercise of fiduciary duties of a Stockholder Party in his or her capacity as a director of Giant or HollxXxxxx.

Appears in 1 contract

Samples: Major Stockholders' Agreement (Acridge James E)

AutoNDA by SimpleDocs

VOTE WITH RESPECT TO MERGER. Each Stockholder Party shall vote all of the shares of the common stock of Giant or HollxHolly, xx as the case may be, owned by such Stockholder Stocxxxxxer Party at every meeting of stockholders of Giant or HollxHolly, xx as the case may be, and at every adjournment adjouxxxxxt thereof, (i) in favor of approval of the Merger and any matter that could reasonably be expected to facilitate the Merger and (ii) against any proposal for any recapitalization, merger, sale of assets or business combination (other than the Merger) or any other action or agreement that could reasonably be expected to hinder the Merger or would result in a breach of any covenant contained in the Merger Agreement. Nothing herein limits the exercise of fiduciary duties of a Stockholder Party in his or her capacity as a director of Giant or HollxHolly.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Giant Industries Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.