Consenting Shareholders definition
Examples of Consenting Shareholders in a sentence
The parties hereto intend that promptly after the execution hereof the Consenting Shareholders will execute and deliver a written consent in form and substance reasonably satisfactory to Phase Forward (the “Merger Consent”), pursuant to which the Consenting Shareholders, among other things, irrevocably adopt and approve this Agreement, the Merger and other transactions contemplated by this Agreement.
The representations and warranties of Dandrit and the Dandrit Consenting Shareholders herein contained shall be true in all material respects at the Closing with the same effect as though made at such time.
The Consenting Shareholders and other Lincoln Shareholders who collectively hold more than ninety percent (90%) of the issued and outstanding Lincoln Common Stock (collectively, the “90% Holders”) shall have adopted and approved this Agreement and the consummation of the transactions contemplated hereby, including the Merger, via the delivery of the Merger Consents as and to the extent required by the MBCA and by the provisions of Lincoln’s Articles of Organization and bylaws.
The rights of first refusal to purchase all or any part of any issue of specified securities, which right could include the Securities, granted by the Company to each of the shareholders set forth in Exhibit H attached hereto, (the "Consenting Shareholders"), pursuant to Article 8 of each of certain stock purchase agreements between the Company and the Consenting Shareholders shall be waived by the Consenting Shareholders.
Debtor/Third Party Releases The Plan shall contain the In-Court Release which, for the avoidance of doubt, shall exclude the Consenting Shareholders in the event that the Transaction Support Agreement is terminated with respect to the Consenting Shareholders.