Stockholder Rejection definition

Stockholder Rejection means that the Option is voted upon at any meeting of the Company’s stockholders and a Majority of the Minority do not approve the Option by the requisite vote, in accordance with the applicable rules of the Primary Exchange.
View Source
Stockholder Rejection means the Company’s stockholders’ vote not to approve the Company’s issuance of the Convertible Notes, and the terms and conditions thereof and of the Convertible Notes Indenture, including without limitation, the conversion of such Convertible Notes into the number of shares of Common Stock into which such Convertible Notes are convertible pursuant to the Convertible Notes Indenture, at a Stockholders’ Meeting.
View Source

Examples of Stockholder Rejection in a sentence

  • Parent shall have received the evidence relating to the 280G Approval or 280G Stockholder Rejection described in Section 8.9.

  • The Termination Fee required to be paid pursuant to this Section 8.5(b) shall be made prior to, and shall be a precondition of, the effectiveness of a termination of this Agreement by the Company pursuant to Section 8.3(b) or a Modified Recommendation Stockholder Rejection Termination by the Company.

  • Any other payment required to be made pursuant to this Section 8.5(b) shall be made to Parent not later than two business days after the earliest of (i) the entering into of a definitive agreement with respect to, or the consummation of, an Acquisition Proposal, as applicable, (ii) a termination pursuant to Section 8.4(a) or (b) and (iii) a Modified Recommendation Stockholder Rejection Termination by Parent.

  • In the event that the Stockholder Rejection Date shall have occurred, the Borrower shall pay to the Lender a prepayment fee on such Stockholder Rejection Date equal to the product of (i) the Appreciated Stock Price minus $21.875 times (ii) a fraction, the numerator of which is the amount of Loans outstanding on such date and the denominator of which is $21.875.