Majority Shares definition

Majority Shares means the number of shares of Company Voting Stock that could elect a majority of the directors of the Company if all directors were to be elected at a single meeting.

Majority Shares means such number of the voting shares in a corporation as shall amount to more than one-half thereof.

Majority Shares has the meaning set forth in the Recitals.

Examples of Majority Shares in a sentence

• If appointed at the meeting on the request of one or more Holders or proxies, a Majority Shares Vote shall determine whether one or three Inspectors of Election are to be appointed, but failure to allow such determination by the Holders shall not affect the validity of the appointment of Inspectors of Election.

• The Majority Shareholder owns the Majority Shares of record and beneficially free and clear of Liens.

• The Majority Shares Closing shall take place remotely via the exchange of documents and signatures.

• The Adjusted Majority Shares Purchase Price shall be reduced by an amount equal to the product of (A) amount of the SBSF Disposition Proceeds actually distributed pursuant to this Section 6.15(b), multiplied by (B) a fraction the numerator of which is the number of Majority Shares and the denominator of which is the aggregate number of shares of Company Common Stock outstanding as of the Minority Shares Closing Date.

• Except as otherwise provided in this Agreement, all proceedings to be taken and all documents to be executed at the Majority Shares Closing shall be deemed to have been taken, delivered and executed simultaneously, and no proceeding shall be deemed taken nor documents deemed executed or delivered until all have been taken, delivered and executed.

More Definitions of Majority Shares

Majority Shares means the remaining shares in the issued share capital of the company as at Completion which when aggregated with the Shares will constitute the entire issued share capital of the Company as at Completion;

Majority Shares equals the number of shares of Company Common Stock owned by HoldCo.

Majority Shares shall have the meaning set out in item C of the introductory section of this Agreement .

Majority Shares means the Shares held by the Majority Vendors as set out opposite the names listed in Appendix 1;

Majority Shares means the number of shares of Company Voting Stock as will elect a majority of the directors of the Company; provided that, solely for purposes of such calculation, the shares of Company Voting Stock issuable upon exercise of warrants, options or other rights, or upon conversion or exchange of convertible or exchangeable securities, owned by RTZ and its Affiliates, shall be treated as outstanding Company Voting Stock. 1.39 "Merger" means the merger of Facilitating Company with and into the Company pursuant to the Merger Agreement. 1.40 "Merger Agreement" means the Agreement and Plan of Merger, dated February 7, 1995, between the Company and Facilitating Company. 1.41 "New By-laws" means the By-laws of the Company substantially in the form attached as Exhibit 2 to Annex I to the Consent Solicitation Statement. 1.42 "New Certificate of Incorporation" means the Certificate of Incorporation of the Company substantially in the form attached as Exhibit 1 to Annex I to the Consent Solicitation Statement. 1.43 "NYSE" means The New York Stock Exchange, Inc. 1.44 "Offer Price" shall have the meaning set forth in Section 11(a).

Majority Shares means the Shares held by the Majority Vendors as set out opposite the names listed in Appendix 3;

Majority Shares means 8,800,000 shares in the capital of Flexe Idaho held by Trade Wind;