Requisite Stockholder Approval definition

Requisite Stockholder Approval means the affirmative vote of the holders of a majority of that company’s issued and outstanding shares entitled to vote on the Merger actually voting in favor of this Agreement and the Merger.

Requisite Stockholder Approval shall have the meaning set forth in Section 4.20.

Examples of Requisite Stockholder Approval in a sentence

The Company’s receipt of the Requisite Stockholder Approval at the Company Stockholder Meeting.
The Company has the requisite corporate power and authority to (a) execute and deliver this Agreement; (b) perform its covenants and obligations hereunder; and (c) subject to receiving the Requisite Stockholder Approval, consummate the Merger.
The Parties may mutually amend any provision of this Agreement at any time prior to the Closing; provided, however, that any amendment effected subsequent to the Requisite Stockholder Approval shall be subject to any restrictions contained in the Delaware General Corporation Law.
The Company shall have received the Requisite Stockholder Approval.
The Proxy Statement shall include the Board of Directors’ recommendation that the holders of shares of the Company’s Common Stock vote in favor of the Requisite Stockholder Approval.

Requisite Stockholder Approval has the meaning set forth in Section 3.2.

Requisite Stockholder Approval means the stockholder approval contemplated by Rule 5635 of the Nasdaq listing rules with respect to the issuance of shares of Class A Common Stock upon conversion of the Series A Preferred Stock in excess of the limitations imposed by such rule; provided, however, that the Requisite Stockholder Approval will be deemed to be obtained if, due to any amendment or binding change in the interpretation of the applicable Nasdaq listing rules, such stockholder approval is no longer required for the Company to settle all conversions of the Series A Preferred Stock and accrued but unpaid Dividends in shares of Class A Common Stock.

Requisite Stockholder Approval means the affirmative vote (or, to the extent permitted by applicable Law, the written consent) of the holders of outstanding Company Common Stock, voting (or consenting) together as a single class, representing at least a majority of all votes entitled to be cast thereupon by holders of the Company Common Stock.

Requisite Stockholder Approval means the stockholder approval contemplated by NASDAQ listing rule 5635 (or its successor) with respect to the issuance of shares of Common Stock upon conversion of Preferred Conversion Shares in excess of the limitations imposed by such rule.

Requisite Stockholder Approval has the meaning set forth in Section 5.11 hereof.

Requisite Stockholder Approval means the approval of this Agreement and the Transactions by (i) the stockholders of Seller who hold at least a majority of the voting power of the outstanding shares of capital stock, voting together as a single class, (ii) a majority of the voting power of the Common Stock, voting together as a single class and (iii) a majority of the voting power of the Preferred Stock, voting as a single class.