Common use of Requisite Approval Clause in Contracts

Requisite Approval. (a) . Upon the terms set forth in this Agreement, the Company shall as soon as reasonably practicable after the Registration Statement becomes effective: (a) seek the Transaction Consent and (b) in the event the Company determines it is not able to obtain the Transaction Consent, call and seek to hold a general meeting of holders of Company Shares for the purpose of voting solely upon the adoption of this Agreement and the Mergers and all other transaction contemplated by this Agreement (the “Company Shareholders Meeting”) which Company Shareholders Meeting shall be held prior to or on the date that is twenty (20) Business Days after the later of (x) July 5, 2021, and (y) the date the Registration Statement becomes effective if the Transaction Consent has not been obtained within five (5) Business Days after the Registration Statement becomes effective. The Company shall use its best efforts to obtain the Transaction Consent at the Company Shareholders Meeting, including by soliciting from its shareholders proxies as promptly as possible in favor of this Agreement and the Mergers, and shall take all other action reasonably necessary or advisable to secure the Company Shareholder Approval. The Company Board shall recommend to its shareholders that they approve this Agreement and the Mergers (the “Company Board Recommendation”). The Company Board shall not change, withdraw, withhold, qualify or modify in a manner adverse to HCIC, the Company Board Recommendation.

Requisite Approval. (a) . Upon the terms set forth in this Agreement, the Company shall as soon as reasonably practicable after the Registration Statement becomes effective: (a) seek the Transaction Consent and (b) in the event the Company determines it is not able to obtain the Transaction Consent, call and seek to hold a general meeting of holders of Company Shares for the purpose of voting solely upon the adoption of this Agreement and the Mergers and all other transaction contemplated by this Agreement (the “Company Shareholders Meeting”) which Company Shareholders Meeting shall be held prior to or on the date that is twenty (20) Business Days after the later of (x) July 5, 2021, and (y) the date the Registration Statement becomes effective if the Transaction Consent has not been obtained within five (5) Business Days after the Registration Statement becomes effective. The Company shall use its best efforts to obtain the Transaction Consent at the Company Shareholders Meeting, including by soliciting from its shareholders proxies as promptly as possible in favor of this Agreement and the Mergers, and shall take all other action reasonably necessary or advisable to secure the Company Shareholder Approval. The Company Board shall recommend to its shareholders that they approve this Agreement and the Mergers (the “Company Board Recommendation”). The Company Board shall not change, withdraw, withhold, qualify or modify in a manner adverse to HCIC, the Company Board Recommendation.

Requisite Approval. (a) . Upon the terms set forth in this Agreement, the Company shall (a) seek the irrevocable written consent, in form and substance reasonably acceptable to HCAC, of holders of the Requisite Approval (including the Requisite Shareholders) in favor of the approval and adoption of this Agreement and the Mergers and all other transactions contemplated by this Agreement (the “Written Consent”) as soon as reasonably practicable after the Registration Statement becomes effective: , and in any event within seventy-two (a72) seek hours after the Transaction Consent Registration Statement becomes effective and (b) in the event the Company determines it is not able to obtain the Transaction Written Consent, the Company shall call and seek to hold a general meeting of holders of Company Shares for the purpose of voting solely upon the adoption of this Agreement and the Mergers and all other transaction contemplated by this Agreement (the “Company Shareholders Meeting”) which Company Shareholders Meeting shall be held prior to or on the date that is twenty (20) Business Days as soon as reasonably practicable after the later of (x) July 5, 2021, and (y) the date the Registration Statement becomes effective if the Transaction Consent has not been obtained effective, and in any event within five ten (510) Business Days days after the Registration Statement becomes effective. The Company shall use its best efforts to obtain the Transaction Consent Company Shareholder Approval at the Company Shareholders Meeting, including by soliciting from its shareholders proxies as promptly as possible in favor of this Agreement and the Mergers, and shall take all other action reasonably necessary or advisable to secure the Company Shareholder Approval. The Company Board shall recommend to its shareholders that they approve this Agreement and the Mergers (the “Company Board Recommendation”). The Company Board shall not change, withdraw, withhold, qualify or modify in a manner adverse to HCIC, the Company Board RecommendationMergers.