Required Shareholder Vote definition

Required Shareholder Vote means the lesser of (a) the affirmative vote of 67% or more of the voting securities of Selling Fund present or represented by proxy at the Shareholders Meeting, if the holders of more than 50% of the outstanding voting securities of Selling Fund are present or represented by proxy, or (b) the affirmative vote of more than 50% of the outstanding voting securities of Selling Fund.

Required Shareholder Vote shall have the meaning set forth in Section 3.17 of this Agreement.

Required Shareholder Vote has the meaning set forth in Section 3.2.

Examples of Required Shareholder Vote in a sentence

• The Required Shareholder Vote is the only vote of the holders of any class of shares of Selling Fund necessary to approve this Agreement.

• The Merger shall have been duly approved by the Required Shareholder Vote.

• A Required Shareholder Vote (or such other vote specified herein) at a meeting at which a quorum is present shall decide any question.

• Following receipt of the Required Shareholder Vote and as soon as reasonably practicable after the Closing, the status of Selling Fund as a designated series of Seller shall be terminated and Seller shall redeem the outstanding shares of Selling Fund from Selling Fund Shareholders in accordance with its Governing Documents and all issued and outstanding shares of Selling Fund shall thereupon be canceled on the books of Seller.

• Unless the Merger is consummated pursuant to Section 180.1104 of the WBCL as contemplated by Section 2.10 of this Agreement, this Agreement shall have been duly approved and adopted by the Required Shareholder Vote.

More Definitions of Required Shareholder Vote

Required Shareholder Vote means the vote required by the Minnesota Business Corporation Act or the organizational documents of Seller, for the adoption of this Agreement and the transactions contemplated herein by the majority of the issued and outstanding common stock of Seller.

Required Shareholder Vote means the consent of each of the Bain Shareholders, the TPG Shareholders and the DG Shareholders; provided that such Shareholder group then holds Registrable Securities.

Required Shareholder Vote means, the affirmative vote of a "majority of the outstanding voting securities" of the Selling Fund.

Required Shareholder Vote means the approval of the Arrangement Resolution by at least 66 2/3% of the votes cast at the Meeting;

Required Shareholder Vote means the vote of a majority of the outstanding shares of SL Bancorp Common Stock to approve the principal terms of this Agreement and the transactions contemplated hereby at the SL Bancorp Shareholders Meeting.

Required Shareholder Vote has the meaning set forth in Section 4.22 below.

Required Shareholder Vote means both (a) the affirmative vote of at least a majority of all shares of Common Stock entitled to vote on adopting this Agreement at a meeting of the Company’s shareholders duly called and held for such purpose; and (b) the affirmative vote of at least a majority of all outstanding shares of Common Stock held by the Public Shareholders and entitled to vote on the adoption of this Agreement at a meeting of the Company’s shareholders duly called and held for such purpose.