Minority Shareholder Approval definition

Minority Shareholder Approval means the approval of holders of a majority of the outstanding Common Shares that are not held by Parent or its Affiliates.
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Minority Shareholder Approval means an affirmative vote of the holders of issued and outstanding Class A Common Shares and Class B Common Shares, in each case not beneficially owned by the Family Shareholders or by any director or executive officer of the Company or any of its Subsidiaries, voting together as a single class, representing at least a majority of all the votes entitled to be cast thereupon by holders of Class A Common Shares and Class B Common Shares, in each case not beneficially owned by the Family Shareholders or by any director or executive officer of the Company or any of its Subsidiaries; provided, however, that for purposes of the Minority Shareholder Approval, each Class B Common Share shall be entitled to one vote.
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Minority Shareholder Approval means the approval of holders of a majority of the outstanding Company Common Shares that are not held by Parent or its Affiliates.
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Examples of Minority Shareholder Approval in a sentence

  • Material amendments to the LSEG Consent Matters can only be made by special resolution and with Minority Shareholder Approval.

  • Material amendments to the Core Operating Principles may only be made by special resolution and with Minority Shareholder Approval.

  • The Company has all requisite corporate power and authority to execute and deliver this Agreement and the Statutory Merger Agreement, to perform its obligations hereunder and thereunder, and to consummate the Merger and the other Transactions, subject to the receipt of the Company Shareholder Approval and the Minority Shareholder Approval.

  • Except for the Company Shareholder Approval and the Minority Shareholder Approval, no other corporate proceedings on the part of the Company, its Subsidiaries or its shareholders are necessary to authorize or adopt this Agreement and the Statutory Merger Agreement or to consummate the Transactions (except for executing and delivering the Statutory Merger Agreement and the filing of the Merger Application with the Registrar pursuant to the Bermuda Companies Act).

  • Implement those aspects of the Affirmative Action Plan that are specific to their areas of responsibility, including a method for rating success in attaining AAP objectives in the annual performance reviews of managers and supervisors with direct reporting relationships to each Dean and Director.

  • The Corporation called an annual and special meeting of shareholders for September 25, 2014 (the “Meeting”) to consider (among other matters) the Majority of the Minority Shareholder Approval (as such term is defined in Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”)) of the Skyline Investment and the IOI Investment (together, the “Transactions”).

  • Requirement for Minority Shareholder Approval If the Follow-on Offering is considered as part of the Transaction, section 5.6 of MI 61-101 will require that the Company obtain shareholder approval in connection with the issuance of the Follow-on Shares to Olisol.

  • As soon as practicable after the return of capital described above, the Corporation expects to delist the Corporation Shares from trading on the Exchange and complete the voluntary dissolution of Corporation in accordance with subsection 210(3) of the CBCA.The Transaction is considered a "business combination" under MI 61-101 and, accordingly, the Corporation must comply with the Majority of the Minority Shareholder Approval requirements of MI 61-101.

  • Requirement for Minority Shareholder Approval If an issuance of Pre-Emptive Shares has a fair market value of over 25% of the Company’s market capitalization, section 5.6 of MI 61-101 will require that the Company obtain shareholder approval thereof.

  • As SOK, Skyline and IOI may each be considered a “related party” to the Corporation, the Transactions were considered a “related party transaction” (as such term is defined in MI 61-101) and, accordingly, required (among other things) Majority of the Minority Shareholder Approval at the Meeting.


More Definitions of Minority Shareholder Approval

Minority Shareholder Approval means, with respect to any Affiliate Transaction, the affirmative approval by Shareholders who Beneficially Own shares of Voting Stock that represent more than fifty percent (50%) of the aggregate voting power of all then-outstanding shares of Voting Stock, excluding from such calculation all shares held by the Significant Shareholder to which such Affiliated Transaction relates and all shares held by such Significant Shareholder’s Related Parties.4
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Minority Shareholder Approval means the approval of the Arrangement Resolution by at least two-thirds of the votes cast on the Arrangement Resolution by the Minority Shareholders present in person of represented by proxy at the Meeting.
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Minority Shareholder Approval means the approval of holders of the Requisite Minority Shares, which approval may be granted by Notification to the Company, by way of affirmative Shareholder vote or by execution of written shareholder resolution; “Non-Purchasing Shareholder” has the meaning given in Section 10.4(a); “Non-Compete Duration” means, in relation to the Founder, the period commencing on the date of this Agreement and ending on the date that is eighteen (18) months after the later of: (a) the date the Founder ceases to hold at least two percent (2%) of the Outstanding Shares; and (b) the date that the Founder ceases to be an employee or a director of any Fit Group Company; “Notices” has the meaning given in Section 16.6(a); “Notify” or “Notification” means the providing of a notice in writing, including by facsimile or electronic means in accordance with Section 16.6; “Offered Securities” has the meaning given in Section 10.1; 7
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Minority Shareholder Approval means approval of the Transaction Resolution by a simple majority of the votes attached to the Common Shares cast on the Transaction Resolution by holders of Common Shares present at the Company Meeting in person or by proxy, excluding the Common Shares beneficially owned or controlled, directly or indirectly, by SNDL or its affiliates, as required by Part 8 of MI 61-101.
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Related to Minority Shareholder Approval

  • Company Shareholder Approval has the meaning set forth in Section 4.03(d).

  • Parent Shareholder Approval means the approval of the Parent Share Issuance by the affirmative vote of a majority of the Parent Common Shares entitled to vote thereon and present in person or represented by proxy at the Parent Shareholder Meeting in accordance with applicable securities Laws, the rules and regulations of the NYSE and the TSX, as applicable, the ABCA and the Organizational Documents of Parent.

  • Required Shareholder Approval has the meaning in Section 2.20.

  • Company Stockholder Approval has the meaning set forth in Section 4.2(b).

  • Parent Stockholder Approval has the meaning set forth in Section 5.2.

  • Requisite Shareholder Approval shall have the meaning set forth in Section 4.3(a).

  • Requisite Stockholder Approval means the affirmative vote of the holders of a majority of that company’s issued and outstanding shares entitled to vote on the Merger actually voting in favor of this Agreement and the Merger.

  • Shareholder Approval Date means the date on which this Plan is approved shareholders of the Company eligible to vote in the election of directors, by a vote sufficient to meet the requirements of Code Sections 162(m) (if applicable) and 422, Rule 16b-3 under the Exchange Act (if applicable), applicable requirements under the rules of any stock exchange or automated quotation system on which the Shares may be listed on quoted, and other laws, regulations and obligations of the Company applicable to the Plan.

  • Stockholder Approval has the meaning set forth in Section 4.5.

  • Stockholder Approval Date means the date on which Stockholder Approval is received and deemed effective under Delaware law.

  • Disinterested Shareholder Approval means approval by a majority of the votes cast by all the Company’s shareholders at a duly constituted shareholders’ meeting, excluding votes attached to Common Shares beneficially owned by Insiders who are Service Providers or their Associates;

  • Majority Shareholder Vote means a vote of “a majority of the outstanding voting securities” (as such term is defined in the 0000 Xxx) of the Trust with each class and series of Shares voting together as a single class, except to the extent otherwise required by the 1940 Act or this Declaration with respect to any one or more classes or series of Shares, in which case the applicable proportion of such classes or series of Shares voting as a separate class or series, as the case may be, also will be required.

  • Shareholder Approval means such approval as may be required by the applicable rules and regulations of the Nasdaq Stock Market (or any successor entity) from the shareholders of the Company with respect to the transactions contemplated by the Transaction Documents, including the issuance of all of the Shares and Warrant Shares in excess of 19.99% of the issued and outstanding Common Stock on the Closing Date.

  • Company Shareholder Meeting has the meaning set forth in Section 5.13(b).

  • Company Shareholders Meeting shall have the meaning set forth in Section 5.2(b).

  • Company Shareholders means the registered or beneficial holders of the Company Shares, as the context requires;

  • Minority Shareholders means holders of Shares that were not tendered pursuant to the Offer or in the Subsequent Offering Period (as it may be extended by the Minority Exit Offering Period).

  • Common Shareholders means the holders of the Common Shares.

  • Company Share Plans mean (a) the Company’s Stock Related Award Incentive Plan of 1999, as amended; (b) the Company’s 2010 Stock Incentive Plan, as amended; and (c) the Company’s 2015 Stock Incentive Plan, as amended;

  • Parent Stockholders Meeting has the meaning set forth in Section 6.2(b).

  • Company Stockholder Meeting means the meeting of the holders of shares of Company Common Stock for the purpose of seeking the Company Stockholder Approval, including any postponement or adjournment thereof.

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • Pre-approval means written notification via a pre-approval letter to Customer that Ameren Illinois has reviewed Customer's Application and determined that the project meets the program eligibility requirements for a maximum pre-approved incentive amount if the project is completed by the estimated completion date and all final application paperwork is submitted and approved.

  • Per Share Merger Consideration has the meaning set forth in Section 3.1(a).

  • Majority Shareholder means a holder of more than fifty percent (50%) of the outstanding stock of the Company, or if no person holds more than fifty percent (50%) of the outstanding stock of the Company, the holder of a plurality of the outstanding stock of the Company.

  • Independent Shareholders means holders of Voting Shares, other than: