Charter Amendment Approval Clause Samples

The Charter Amendment Approval clause defines the process and requirements for making changes to a company's charter or foundational governing document. Typically, this clause specifies who must approve amendments—such as shareholders or directors—and may set thresholds like a supermajority vote. By establishing clear procedures for altering the charter, this clause ensures that significant changes to the company's structure or governance are made transparently and with appropriate consensus, thereby protecting the interests of stakeholders and maintaining organizational stability.
Charter Amendment Approval. Buyer shall cause Charter -------------------------- Amendment Approval by September 30, 2000.
View SourceView Similar (4)
Charter Amendment Approval. At a meeting of the Company’s stockholders, duly called and held, the Company shall have obtained (i) the affirmative vote of the holders of a majority of the outstanding shares of Common Stock to approve and adopt the Charter Amendment, including the authorization of Common Stock thereunder in the form attached hereto as Exhibit L (the “Charter Amendment Approval”), which Charter Amendment at the Company’s option may take the form of a restated Certificate of Incorporation so long as such restated Certificate of Incorporation incorporates the Charter Amendment in the form attached hereto as Exhibit L, and (ii) the approval of the stockholders of the Company necessary to approve the conversion or redemption of all the Preferred Stock, and the exercise of all the Warrants, for Common Stock for purposes of Section 312.03 of the New York Stock Exchange Listed Company Manual, or if shares of the Ordinary Common Stock become listed and traded on another Approved Market, so as to permit all such conversions, redemptions and exercises (the “Share Issuance Approval” and together with the Charter Amendment Approval, the “Stockholder Approvals”) and the Company shall have filed the Series B-2 Certificate of Designation and the Charter Amendment (or the restated Certificate of Incorporation as permitted by this subsection) with the Secretary of State of the State of Delaware.
View SourceView Similar (2)
Charter Amendment Approval. The required approval of the Company Stockholders and Company Board necessary to approve an amendment to the Certificate of Incorporation in the form attached hereto as Exhibit B (the “Charter Amendment”) shall have been obtained, and the Company shall have delivered to Parent such approvals and a filed and stamped copy of such Charter Amendment from the Secretary of State of the State of Delaware.
View SourceView Similar (2)
Charter Amendment Approval. The Company shall cause the Charter -------------------------- Amendment Approval by September 30,2000.
View SourceView Similar (2)
Charter Amendment Approval. The Company shall have obtained the approval of the amendment of the Charter pursuant to Section 2.1 by the holders of Shares constituting the Charter Amendment Vote.
View Source
Charter Amendment Approval. 13 Closing.............................................2
View Source

Related to Charter Amendment Approval

  • Charter Amendment In the event there are insufficient shares of Common Stock authorized, unreserved and available for issuance upon exercise of this Warrant, the Company shall use its best efforts to effect an amendment of its certificate of incorporation so as to increase the authorized shares of Common Stock to accommodate such exercise.

  • Charter Amendments Amend, or permit any of its Subsidiaries to amend, its certificate of incorporation or bylaws in any material respect.

  • Settlement Approval The approval of the Master Servicer need not be requested for disposition of insurance loss settlements and the Servicer may disburse the loss proceeds as provided herein.

  • Stockholder Approvals Each of the Company Stockholder Approval and the Parent Stockholder Approval shall have been obtained.

  • Requisite Approvals Upon execution of this Agreement, it will have taken all necessary actions pursuant to its governing documents or other legally sufficient means to fully authorize the execution and delivery of this Agreement and any transaction documents related hereto, and the consummation of the transactions contemplated hereby and thereby.