Common use of Approval of Transactions Clause in Contracts

Approval of Transactions. FFI agrees to cause ratification and/or approval of the Transactions to be placed on the agenda and proxy statement for a special meeting of FFI's shareholders ("Special Meeting") or the 2001 Annual Meeting of FFI's shareholders (the "2001 Annual Meeting") to be held in 2001, whichever occurs first. At the Special Meeting or the 2001 Annual Meeting, each Shareholder agrees (pursuant to Florida Statute ss. 607.0731) to vote all of the shares of Common Stock then owned (beneficially or otherwise) by such Shareholder and all such shares as to which such Shareholder is then entitled to exercise voting power in favor of ratification and/or approval of the Transactions.

Appears in 2 contracts

Sources: Shareholder Agreement (Smith R Lee), Preferred Stock Purchase Agreement (Mobile America Corp)

Approval of Transactions. FFI agrees to cause ratification and/or approval of the Transactions to be placed on the agenda and proxy statement for a special meeting of FFI's shareholders ("Special Meeting") or the 2001 Annual Meeting of FFI's shareholders (the "2001 Annual Meeting") to be held in 2001, whichever occurs first. At the Special Meeting or the 2001 Annual Meeting, each Shareholder agrees (pursuant to Florida Statute ss. Section 607.0731) to vote all of the shares of Common Stock then owned (beneficially or otherwise) by such Shareholder and all such shares as to which such Shareholder is then entitled to exercise voting power in favor of ratification and/or approval of the Transactions.

Appears in 1 contract

Sources: Shareholder Agreement (Cahoon Arthur L)