Examples of Requisite Stockholder Majority in a sentence
Except with respect to any Initial Public Offering, in which case the managing underwriter or underwriters shall be chosen by the Requisite Stockholder Majority, if a Demand Registration is to be an underwritten offering, the holders of a majority of the Registrable Stock to be included in such Demand Registration will select a managing underwriter or underwriters.
This Agreement may be amended, modified or extended, and the provisions hereof may be waived, only by resolution of the Board approved by (i) the Requisite Stockholder Majority and (ii) solely with respect to any amendment of this Agreement, the Management Stockholders holding in the aggregate a majority of the then outstanding Restricted Shares.
Selection of Underwriters: Underwriters will be chosen by the Requisite Stockholder Majority for the Initial Public Offering.
Rights to any Investor’s board seats will be transferable only with the consent of the Requisite Stockholder Majority, other than to affiliated funds of such Investor; provided, that such transferee remains an affiliated fund of such transferor following the transfer.
In the event that any Material Action is approved by the Requisite Stockholder Majority, the Corporation shall take, and shall cause its Subsidiaries to take, any and all actions as are reasonably necessary to effect such Material Action.