Requisite Shareholder Approval definition

Requisite Shareholder Approval means the affirmative vote of a majority of the outstanding shares of the Company’s Voting Stock (voting together as a single class) and the affirmative vote of a majority of the outstanding shares of Common Stock (voting separately as a single class), in each case approving the amendment of the Company’s amended and restated articles of incorporation to increase the number of authorized shares of Common Stock to 150,000,000 shares.
Requisite Shareholder Approval shall have the meaning set forth in Section 4.3(a).
Requisite Shareholder Approval has the meaning set forth in Section 6.08(B).

Examples of Requisite Shareholder Approval in a sentence

  • Notwithstanding the foregoing, if the Company is unable to issue all or any part of the Warrant Shares prior to the Termination Date because the Company has not obtained the Requisite Shareholder Approval, the Termination Date shall be extended to a Business Day selected by the Company that is not less than twenty (20) days and not more than thirty-five (35) days from the date on which the Company obtained the Requisite Shareholder Approval.


More Definitions of Requisite Shareholder Approval

Requisite Shareholder Approval means the affirmative vote of a majority of the outstanding shares of the Preferred Stock and the Common Stock (voting together as a single class) and the affirmative vote of a majority of the outstanding shares of Common Stock (voting separately as a single class), in each case approving the Authorized Shares Amendment.
Requisite Shareholder Approval has the meaning ascribed thereto in Section 2.2(iii);
Requisite Shareholder Approval means the adoption of this Agreement and the approval of the Merger by (a) a majority of the votes represented by the outstanding Company Shares entitled to vote on this Agreement and the Merger, (b) a majority of the votes represented by the outstanding Common Shares entitled to vote on this Agreement and the Merger and (c) a majority of the votes represented by the outstanding Preferred Shares entitled to vote on this Agreement and the Merger.
Requisite Shareholder Approval shall have the meaning assigned in the Certificate of Designations for the Preference Shares.
Requisite Shareholder Approval has the meaning given to such term in the Certificate.
Requisite Shareholder Approval means the Cayman Law Shareholder Approval.
Requisite Shareholder Approval means with respect to this Agreement (i) a majority of the votes represented by all outstanding shares of Company Common Stock voting as a separate class; (ii) a majority of the votes represented by all outstanding shares of Company Preferred Stock voting as a separate class; and (iii) a majority of the votes represented by all outstanding shares of Company Common Stock and all outstanding shares of Company Preferred Stock (on an as-converted to Company Common Stock basis) voting together as a single class on an as-converted to Company Common Stock basis.