Securityholder Approval definition

Securityholder Approval means the approval by the Securityholders of the Plan in accordance with the Plan.

Securityholder Approval has the meaning set out in Section 2.2(d);

Securityholder Approval means (i) two-thirds of the votes cast by the Shareholders present online or represented by proxy at the Meeting and (ii) two-thirds of the votes cast by the Shareholders, the Optionholders and the holders of RSUs and PSUs (on an As-Converted Basis, as applicable), voting together as a single class, present online or represented by proxy at the Meeting.

Examples of Securityholder Approval in a sentence

• Under the sub-heading "Matters Requiring Securityholder Approval", describe the matters that require securityholder approval.

• No other corporate proceedings on the part of Target or any of its Subsidiaries are necessary to authorize this agreement, the performance by Target of its obligations under this agreement and, subject to the Target Securityholder Approval, the Transactions.

• On December 16, 2009, the board of directors of Target unanimously approved this agreement and the Transactions and resolved to recommend to Target Shareholders that Target Shareholders give the Target Securityholder Approval.

• The execution and delivery of this agreement by Target and the consummation by Target of the Transactions have been duly authorized by all necessary corporate action on the part of Target, subject to the Target Securityholder Approval.

• Following the date hereof, the Company shall use commercially reasonable efforts to obtain the Necessary Existing Securityholder Approval.

More Definitions of Securityholder Approval

Securityholder Approval means the affirmative votes of Securityholders present virtually or represented by proxy and entitled to vote at the Meeting, as follows: (i) by not less than 66 2/3% of the votes cast by the Shareholders;(ii) by not less than 66 2/3% of the votes cast by the Shareholders, and by the Optionholders, and RSU Holders on an as-converted to Nanotech Shares basis, all voting together as a single class, and (iii) by not less than 50% of the votes cast by Shareholders, excluding votes attaching to any Nanotech Shares held by interested parties required to be excluded pursuant to MI 61-101;

Securityholder Approval means the requisite approval of the Securityholders of the Arrangement Resolution in accordance with applicable Laws and the Interim Order, being: (i) two thirds of the votes cast on the Arrangement Resolution by Shareholders and holders of Options, voting as a single class, present or represented by proxy and entitled to vote at the Meeting, each being entitled to one vote per Share held and one vote per Share underlying the Options held; (ii) two thirds of the votes cast on the Arrangement Resolution by the Shareholders, voting as a separate class, present or represented by proxy and entitled to vote at the Meeting, each being entitled to one vote per Share held; and (iii) a simple majority (more than 50%) of the votes cast on the Arrangement Resolution by the Shareholders, voting as a separate class, present or represented by proxy and entitled to vote at the Meeting, each being entitled to one vote per Share held, and excluding any votes in respect of Shares that are required to be excluded pursuant to MI 61-101.

Securityholder Approval means the requisite approval for the Arrangement Resolution being: (i) the affirmative vote of not less than two-thirds of the votes cast on the Arrangement Resolution by Shareholders present in person or by proxy at the Meeting; (ii) the affirmative vote of not less than two-thirds of the votes cast on the Arrangement Resolution by the Securityholders present in person or by proxy at the Meeting, voting together as a single class; and (iii) a majority of the votes attached to the Shares held by Shareholders present in person or by proxy at the Meeting excluding votes as required for the Majority of the Minority Approval;

Securityholder Approval means the approval required to be obtained under ASX Listing Rule 7.1 by the Company from its Securityholders to permit the issue of the Notes and Options which are proposed to be granted to Noteholders under this Deed;

Securityholder Approval means the approval of the Arrangement Resolution by the affirmative vote of not less than 66 2/3% of the votes cast by the Securityholders in person or by proxy at the Special Meeting, voting as a single class, as provided in the Interim Order.

Securityholder Approval means an approval given in accordance with clauses 5.4 and 5.5;

Securityholder Approval means the required level of approval for the Arrangement Resolution, which, subject to further order of the Court, is: