Common use of Action with Respect to Securities of Other Entities Clause in Contracts

Action with Respect to Securities of Other Entities. Unless otherwise directed by the Board of Managers, the Chairman, the Vice Chairman, the Chief Executive Officer, the President, or any Vice President will have power to vote and otherwise act on behalf of the Company, in person or by proxy, at any meeting of security holders, or with respect to any action of security holders, of any other entity in which the Company may hold securities or equity interests and will have power to exercise any and all rights and powers which the Company may possess by reason of its ownership of securities or other equity interests in such other entity.

Action with Respect to Securities of Other Entities. Unless otherwise directed by the Board of ManagersBoard, the Chairman, Chair of the Vice ChairmanBoard, the Chief Executive Officer, the President, the Chief Financial Officer or any Vice President will shall have power to vote and otherwise act on behalf of the CompanyCorporation, in person or by proxy, at any meeting of security holders, stockholders or other equityholders of or with respect to any action of security holders, stockholders or other equityholders of any other corporation or other entity in which the Company Corporation may hold securities or equity interests and will have power otherwise to exercise any and all rights and powers which that the Company Corporation may possess by reason of its ownership of securities or other equity interests in such other corporation or other entity.