Requisite Shareholder Vote definition

Requisite Shareholder Vote has the meaning provided in Section 4.2.

Requisite Shareholder Vote has the meaning set forth in Section 3(a)(ii).

Requisite Shareholder Vote means the adoption of this Agreement by (i) the shareholders of Interline NJ holding at least sixty percent (60%) of the Interline NJ Common entitled to vote thereon, (ii) the shareholders of Interline holding at least sixty percent (60%) of the outstanding shares of Interline NJ Preferred entitled to vote thereon and (iii) a majority of shareholders of Interline NJ entitled to vote thereon.

Examples of Requisite Shareholder Vote in a sentence

• The Requisite Shareholder Vote is the only vote of the holders of any class or series of Company capital stock necessary to adopt this Agreement and to approve the transactions contemplated hereby.

• The approval of this Agreement by the Requisite Shareholder Vote is the only vote of the holders of any class or series of capital stock, other Equity Interests or Liabilities of the Company, any Company Subsidiary or any Nonprofit Organization necessary to approve this Agreement and the transactions contemplated hereby.

• The execution and delivery of this Agreement by the Company and the consummation by the Company of the transactions contemplated hereby have been duly authorized by all necessary corporate action on the part of the Company, and no other corporate proceedings on the part of the Company or its shareholders are necessary to authorize this Agreement and to consummate the transactions contemplated hereby, other than the approval of this Agreement and the Merger by the Company Requisite Shareholder Vote.

• This Agreement shall have been approved by the Requisite Shareholder Vote.

• The Exchange Shares have been duly and validly authorized by all necessary action except for the approval of the Articles Amendment Proposal by the Requisite Shareholder Vote, and, when issued and delivered pursuant to this Agreement following receipt of such Shareholder Requisite Vote, such Exchange Shares will be duly and validly issued and fully paid and nonassessable, will not be issued in violation of any preemptive rights, and will not subject the holder thereof to personal liability.

More Definitions of Requisite Shareholder Vote

Requisite Shareholder Vote means the approval of this Agreement and the transactions contemplated hereby by affirmative vote or written consent of a majority of the outstanding shares of Seller Common Stock.

Requisite Shareholder Vote has the meaning set forth in Section 8.2.

Requisite Shareholder Vote means the adoption of this Agreement by the shareholders of Company in accordance with the Certificate of Incorporation or By-Laws of Company and the BCL.

Requisite Shareholder Vote means, in respect of each of the Shareholder Proposals, that such Shareholder Proposal shall have been approved by a majority of the votes cast on such Shareholder Proposal at any meeting for the purpose of voting thereon provided that the total vote cast on such Shareholder Proposal represents over fifty percent (50%) in interest of all securities entitled to vote thereon.

Requisite Shareholder Vote means the affirmative vote of the holders of a majority of the outstanding shares of the Common Stock of the Company.

Requisite Shareholder Vote means the affirmative vote at each Scheme Meeting convened pursuant to the Interlocutory Order of (a) a majority in number; and (b) 75% in value of the Scheme Shareholders voting in person or by proxy at that Scheme Meeting.

Requisite Shareholder Vote means the affirmative vote of the Shareholders required under Minnesota law, the Company’s Charter Documents and any agreements between the Company’s Shareholders to approve the Merger.