Common use of Additional Remedies; Irrevocable Proxy Clause in Contracts

Additional Remedies; Irrevocable Proxy. (a) After satisfaction of the sale provisions of Section 4 but subject to Section 4(d) herein, the Agent may transfer into its name, or into the name of its nominee or nominees, any or all of the Pledged Stock and may vote any or all of the Pledged Stock (whether or not so transferred) and may otherwise act with respect thereto as though it were the outright owner thereof, the Company hereby irrevocably constituting and appointing the Agent as the proxy and attorney-in-fact of the Company, with full power of substitution, to do so.

Additional Remedies; Irrevocable Proxy. (a) After satisfaction of the sale provisions of Section 4 4, but subject to Section 4(d) herein, the Agent may transfer into its name, or into the name of its nominee or nominees, any or all of the Pledged Stock and may vote any or all of the Pledged Stock (whether or not so transferred) and may otherwise act with respect thereto as though it were the outright owner thereof, the Company hereby irrevocably constituting and appointing the Agent as the proxy and attorney-in-fact of the Company, with full power of substitution, to do so.