Board Approval; Vote Required. The Board of Directors of the Company has determined that the transactions contemplated by this Agreement are in the best interests of the Company and its stockholders and has resolved to recommend to such stockholders that they vote in favor thereof.
Appears in 3 contracts
Sources: Merger Agreement (Loral Space & Communications LTD), Merger Agreement (Loral Space & Communications LTD), Merger Agreement (Orion Network Systems Inc/New/)
Board Approval; Vote Required. The Board of Directors of the Company has determined that the transactions contemplated by this Agreement are in the best interests of the Company and its stockholders and has resolved to and will, subject to Section 7.9, recommend to such stockholders that they vote in favor thereof. The affirmative vote of two-thirds of the votes entitled to be cast by the holders of outstanding shares of the Company Common Stock is the only vote of any class or series of capital stock of the Company necessary to approve the transactions contemplated under this Agreement and the Merger.
Appears in 2 contracts
Sources: Merger Agreement (Micros to Mainframes Inc), Merger Agreement (BTG Inc /Va/)
Board Approval; Vote Required. The Board of Directors of the Company has determined that the transactions contemplated by this Agreement are in the best interests of the Company and its stockholders the Company Stockholders and has resolved to recommend to such stockholders Company Stockholders that they vote in favor thereof. The affirmative vote of a majority of the votes entitled to be cast by the Company Stockholders is the only vote of any class or series of capital stock of the Company necessary to approve the transactions contemplated under this Agreement and the Merger.
Appears in 2 contracts
Sources: Merger Agreement (Language Line Costa Rica, LLC), Merger Agreement (Language Line Holdings, Inc.)
Board Approval; Vote Required. The Board of Directors of the Company has determined that the transactions contemplated by this Agreement are advisable and in the best interests of the Company and its stockholders and has resolved to recommend to such stockholders that they vote in favor thereof. The affirmative vote of a majority of the votes entitled to be cast by the holders of outstanding shares of the Common Stock is the only vote of any class or series of securities of the Company necessary to approve the transactions contemplated under this Agreement and the Merger.
Appears in 1 contract
Sources: Merger Agreement (Hagler Bailly Inc)