Requisite Number definition
Examples of Requisite Number in a sentence
The Company will select the lowest Offer Purchase Price that will allow it to buy the Requisite Number of shares of Common Stock (or such lesser number of shares as are properly tendered and not withdrawn at prices within the Per Share Price Range).
If Depositors deliver written notice, signed by the Requisite Number of Sellers, to Escrow Agent and Purchaser that the Stock Purchase Agreement has been terminated in accordance with Section 6.1 thereof and that any applicable cure period has expired without cure of the breach or failure giving rise to the termination, then Escrow Agent shall deliver the Escrow Documents to Depositors at the address or addresses set forth on such notice.
For purposes hereof, "Requisite Number of Securities" shall mean the number of securities that the Company's investment banking firm determines is necessary for the Company to issue in order to fund working capital and other general corporate uses of the Company.
However, we will communicate to you in writing any significant deficiencies or material weaknesses in internal control relevant to the audit of the basic financial statements that we have identified during the audit.
This Agreement may be amended, changed, waived, discharged, or terminated only by a statement in writing signed by the party against which enforcement of the amendment, change, waiver, discharge, or termination is sought; provided that any amendment by the Sellers shall be effective against all of the Sellers if signed by the Requisite Number of Sellers.