Examples of Initial Charter Amendment in a sentence
The Company shall have received an opinion of Xxxxxxxx, Xxxxxx & Finger PA in form and substance reasonably satisfactory to the Sponsor and the Company, that the Initial Charter Amendment and the Third Charter Amendment are permissible under the DGCL and the Initial Charter Amendment and the Second Charter Amendment shall have been filed with the Secretary of State of Delaware and shall be in full force and effect.
For purposes of this Certificate of Designation, Preferences and Rights of Eighth Series, unless the context otherwise requires: (A) "Class A Common Stock-Series DT" (i) prior to the filing of the Subsequent Charter Amendment pursuant to K.S.A. Section 17-6003(d), shall have the meaning set forth in the Initial Charter Amendment, and (ii) after the filing of the Subsequent Charter Amendment pursuant to K.S.A. Section 17-6003(d), shall have the meaning set forth in the Subsequent Charter Amendment.
Sprint's Board of Directors shall recommend that its stockholders approve the Initial Charter Amendment, the Subsequent Charter Amendment and the other matters related thereto presented for a vote in the Proxy Statement (including matters, if any, referred to in clause (b) of Section 3.14), and Sprint shall use commercially reasonable efforts to obtain such stockholder approval.
The Initial Charter Amendment and the Certificate of Designations (and, if the Recapitalization occurs on the Closing Date, the Subsequent Charter Amendment) shall have been filed with the Kansas Secretary of State.
The Company shall have received an opinion of Xxxxxxxx, Xxxxxx & Finger PA in form and substance reasonably satisfactory to both the Sponsor and the Company, that the Initial Charter Amendment is permissible under the DGCL and the Initial Charter Amendment shall have been filed with the Secretary of State of Delaware and shall be in full force and effect.
The Company shall use its reasonable best efforts to have the REIT Transition Proxy Statement cleared by the SEC and any other applicable Governmental Authority as promptly as practicable after such filing, and shall, promptly after the Initial Charter Amendment Filing and securing agreements evidencing at least the Minimum Warrant Exchange Participation, cause the REIT Transition Proxy Statement to be provided to the Company Stockholders in accordance with applicable Laws.
The Xxxxxxx Group further acknowledges that, if the Transactions are not consummated by December 6, 2009 or, if the Initial Charter Amendment is filed in accordance with Section 2.4(a), the Company liquidation date as extended by the Initial Charter Amendment, the Company will be obligated to return to the Company Stockholders the amounts being held in the Trust Account or New Trust Account, as applicable.
FT and DT agree to vote their shares of Sprint Common Stock in favor of the CP Exchange and the Recapitalization (including the Initial Charter Amendment and the Subsequent Charter Amendment) and the other matters related thereto presented for a vote of stockholders in connection therewith.
The Initial Charter Amendment shall be filed by the Company (the “Initial Charter Amendment Filing”) and the New Trust Account shall be established and funded as provided herein (“New Trust Account Creation”) as soon as practicable after Company Stockholder Approval for both the Extension Proposal and the Trust Account Conversion Proposal has been obtained at the Initial Stockholders Meeting.
Prior to the date hereof, the Board of Directors of Sprint has approved (i) an amendment to Sprint's Bylaws, to be effective at the Closing, in the form of Exhibit O (the "Bylaw Amendment"), (ii) the Management and Allocation Policies, to be effective at the Closing, (iii) the Initial Charter Amendment and the Subsequent Charter Amendment and (iv) this Agreement and the transactions contemplated hereby.