MDC Merger Approval definition
MDC Merger Approval means the affirmative vote, at a duly called and held meeting of the stockholders of MDC or by written consent, of holders of a majority of the voting power of the MDC Delaware Class A Common Stock, MDC Delaware Class B Common Stock and MDC Delaware Series 6 Preferred Stock, voting together as a single class, following the Redomiciliation Effective Time, approving the adoption of the Transaction Agreement and the Transactions, including the MDC Merger.
Examples of MDC Merger Approval in a sentence
Except as provided in Section 7.06, and unless this Agreement has been validly terminated in accordance with Article 9, MDC shall use its reasonable best efforts to solicit from MDC’s shareholders proxies in favor of the Transactions and to take all other action necessary or advisable to secure the MDC Special Meeting Approval and the MDC Merger Approval.