Examples of Supporting Stockholders in a sentence
The Supporting Stockholders constitute the requisite majorities to commence the Drag-Along Exercise.
All Shares that may be deemed to be beneficially owned by the Reporting Persons constitute approximately 13.2% of the issued and outstanding Shares as of January 25, 2012 (after giving effect to the exercise of options and warrants to purchase 5,944,916 Shares held by the Supporting Stockholders that are exercisable within 60 days of January 25, 2012).
In the event Lambda Supporting Stockholders holding not less than a majority of the shares of Lambda Common Stock outstanding as of the date of this Agreement (the “ Requisite Lambda Support Agreements”) fail to deliver their respective Lambda Support Agreements by the Support Agreement Deadline, a “Lambda Support Agreement Failure” shall be deemed to have occurred.
At present, each of the existing 26 local government districts have some form of development plan in place.
Pursuant to the Support Agreement, the Supporting Stockholders agreed to: (i) vote all of their outstanding WRH stock in favor of the consummation of the Merger, (ii) waive their statutory appraisal rights and (iii) agree to certain other covenants.