A consent solicitation is a process by which a security issuer proposes changes to the material terms of the security agreement. ... Given that mutual consent is usually required for such critical changes, the consent solicitation is usually a request for permission to make a change on behalf of the stakeholder.

What is a consent payment?

More Definitions of Consent Payment

Consent Payment means the payment which will be payable by or on behalf of the Issuer on or promptly after the date of the consummation of the Combination in consideration for and in respect of the Amendments becoming operative.”

What is written consent shareholder?

Shareholder action by written consent refers to corporate shareholders' right to act by written consent instead of a meeting. ... In general, written shareholder consents require the same number of approval votes as would be required if the shareholder meeting actually occurred.