Examples of Requisite Series A Holders in a sentence
At any meeting held for the purpose of electing a director, the presence in person or by proxy of the holders of a majority of the outstanding shares of the class or series entitled to elect such director shall constitute a quorum for the purpose of electing such director; provided that any quorum for the Series A Preferred Stock shall be the Requisite Series A Holders and any quorum for the Series B Preferred Stock shall be the Requisite Series B Holders.
No adjustment in the Series A Conversion Price shall be made as the result of the issuance or deemed issuance of Additional Shares of Common Stock if the Corporation receives written notice from the Requisite Series A Holders agreeing that no such adjustment shall be made as the result of the issuance or deemed issuance of such Additional Shares of Common Stock.
The Series A Preferred Director may be removed without cause by, and only by, the affirmative vote of the Requisite Series A Holders, given either at a special meeting of such stockholders duly called for that purpose or pursuant to a written consent of stockholders.
The holders of the issued and outstanding Common Stock shall have the right (acting by vote or consent of the holders of at least a majority of the shares) to elect nine Directors and the holders of at least a majority of the Series A Preferred Shares (the "Requisite Series A Holders") shall have the right to elect one Director.
The Hydrometallurgical Plant was the principle reason for the commitment to monitor SO2, due to the production and use of sulphuric acid as part of the hydrometallurgical process.
Following this interim appointment, the Requisite Series A Holders will have up to 30 days to propose candidate(s) for its permanent Board appointee(s), and Xxxx Phoenix and Xxxxxx Xxxxxx (together, the “Approving Stockholders”) will have up to 14 days for the opportunity to meet and approve such member(s).
This Agreement may be amended only by a written agreement ---------- executed by each of the Stockholders and the Requisite Series A Holders.
No adjustment in any applicable Conversion Price shall be made as the result of the issuance or deemed issuance of Additional Shares of Common Stock if the Corporation receives written notice from the Requisite Series A Holders or Requisite Series B Holders, as the case may be, agreeing that no such adjustment shall be made as the result of the issuance or deemed issuance of such Additional Shares of Common Stock.
The Company Redemption Option shall be exercised, if at all, at or before the Option Expiration Time by written notice (the “Redemption Exercise Notice”) from the Requisite Series A Holders to the Corporation stating that the Company Redemption Option is being exercised.
At the written election of the Requisite Series A Holders, the Corporation shall, subject to applicable restrictions in the DGCL, redeem on the Closing Date all Subject Securities (other than any such Subject Securities purchased by PBT pursuant to the PBT Purchase Option) at a redemption price per share equal to the Per Share Exercise Price (the “Company Redemption Option”).