Examples of Issuance Proposal in a sentence
The approval of the Stock Issuance Proposal requires an ordinary resolution under Cayman Islands law, being the affirmative vote of a majority of the ordinary shares represented in person or by proxy and entitled to vote thereon and who vote at the extraordinary general meeting.
Approval of the Crescent Issuance Proposal requires the affirmative vote of the holders of a majority of the shares of Crescent Class A Common Stock and Crescent Class B Common Stock, voting together as a single class.
The Consolidated Stock Issuance Proposal and the Consolidated Adjournment Proposal are considered "non- routine" matters.
In each case, the Zoning Administrator shall maintain a written record of such determinations.
The vote required for each of (i) the Consolidated Stock Issuance Proposal and (ii) the Consolidated Adjournment Proposal is the approval of a majority of the votes present, in person or by proxy, and entitled to vote on the matter.
Abstentions, the failure of any Crescent stockholder to vote and broker non-votes, if any, will have the effect of a vote “AGAINST” the Crescent Issuance Proposal.
However, the Era Board’s recommendation that Era stockholders vote ‘‘FOR’’ the Stock Issuance Proposal, and the Xxxxxxx Board’s recommendation that holders of Xxxxxxx Common Stock and Xxxxxxx Preferred Stock ‘‘CONSENT’’ to the Xxxxxxx Merger Proposal, are made as of the date of this joint proxy and consent solicitation statement/prospectus.
Foreign Parent’s Board of Directors, at a meeting duly called and held, has (i) approved this Agreement and declared it advisable, and (ii) resolved to recommend that stockholders of Parent approve the Issuance Proposal (the “Foreign Parent Board Recommendation”) and directed that such proposals be submitted for consideration of the stockholders of Foreign Parent at the Foreign Parent Stockholders Meeting.
Approval by shareholders of the Trust of the Shares Issuance Proposal (as defined in the Joint Proxy Statement/Prospectus).
The approval of the Share Issuance Proposal requires an ordinary resolution under Cayman Islands Companies Law, being the affirmative vote of the holders of a majority of the ordinary shares who, being present in person or by proxy and entitled to vote at the extraordinary general meeting, vote at the extraordinary general meeting.