Voting Debt. On the Closing Date there will be no authorized or outstanding bonds, debentures, notes, or other Company Debt having the right to vote on or approve (or containing any provision granting any holder thereof or other Person the right to vote on or approve), or that are convertible into, or exchangeable for, securities having the right to vote on or approve, any matter on which any holder of Equity Securities of the Company may vote on or approve (“Voting Debt”).
Appears in 1 contract
Samples: Agreement and Plan of Merger (Universal Security Instruments Inc)
Voting Debt. On the Closing Date there will be no authorized or outstanding bonds, debentures, notes, or other Indebtedness of the Company Debt having the right to vote on or approve (or containing any provision granting any holder thereof or other Person the right to vote on or approve), or that are convertible into, or exchangeable for, securities having the right to vote on or approve, any matter on which any holder of Equity Securities of the Company may vote on or approve (“Voting Debt”).
Appears in 1 contract
Samples: Membership Interest Purchase Agreement (Universal Security Instruments Inc)
Voting Debt. On the Closing Date there will be no authorized or outstanding bonds, debentures, notes, or other Company Debt Indebtedness of Parent having the right to vote on or approve (or containing any provision granting any holder thereof or other Person the right to vote on or approve), or that are convertible into, or exchangeable for, securities having the right to vote on or approve, any matter on which any holder of Equity Securities of the Company may vote on or approve (“for Voting Debt”).
Appears in 1 contract
Samples: Agreement and Plan of Merger and Reorganization (Universal Security Instruments Inc)
Voting Debt. On the Closing Date there will be no authorized or outstanding bonds, debentures, notes, or other Company Debt Indebtedness of Purchaser having the right to vote on or approve (or containing any provision granting any holder thereof or other Person the right to vote on or approve), or that are convertible into, or exchangeable for, securities having the right to vote on or approve, any matter on which any holder of Equity Securities of the Company may vote on or approve (“for Voting Debt”).
Appears in 1 contract
Samples: Membership Interest Purchase Agreement (Universal Security Instruments Inc)
Voting Debt. On the Closing Date there will be no authorized or outstanding bonds, debentures, notes, or other Indebtedness of the Company Debt having the right to vote on or approve (or containing any provision granting any holder thereof or other Person the right to vote on or approve), or that are convertible into, or exchangeable for, securities having the right to vote on or approve, any matter on which any holder of Equity Securities of the Company may vote on or approve (“Voting Debt”).
Appears in 1 contract
Samples: Agreement and Plan of Merger and Reorganization (Universal Security Instruments Inc)
