Assignment of Voting Rights. Each member of Impark Management does hereby irrevocably nominate, constitute and appoint the Designated Representative as his true and lawful attorney with authority to vote any and all of the Shares held from time to time by such member, and to execute resolutions in writing of the shareholders of Canco 1 as holders of such Shares for and on behalf of and in the name of such member, in such manner as may be determined by the Designated Representative in his sole discretion, at all times and on all matters that may come before the shareholders of Canco 1 or any class thereof while this agreement remains in effect and to make, execute, seal and deliver for and on behalf of and in the name of such member of Impark Management, one or more proxies in respect of Shares held by such member of Impark Management from time to time. The members of Impark Management shall each deliver to the current Designated Representative, concurrently with the execution of this agreement and from time to time thereafter upon request therefor, a continuing power of attorney in the form attached hereto as Schedule D in favour of the Designated Representative for the purposes of this section 3.2 and Article 8, which power of attorney shall not be revocable by the member without the consent of FUMI Holdings and which, being coupled with an interest, shall not be revoked by the insolvency, bankruptcy or incapacity of the member or of any Affiliate of the member to which Shares may be transferred in accordance with section 4.2. Each member of Impark Management hereby ratifies and confirms and agrees to ratify and confirm all that such attorney may lawfully do or cause to be done by virtue of the authority hereby or thereby conferred. Upon any change in the Designated Representative, the former Designated Representative and all members of Impark Management shall forthwith agree to the revocation of all such powers of attorney and new powers of attorney shall be forthwith provided in favour of the new Designated Representative.
Assignment of Voting Rights. While this Agreement is in effect, the Trust hereby agrees to assign to CMGI the voting rights on the Shares in accordance with the terms hereof. Any liquidation of the Shares by the Trust shall result in automatic extinguishment of the right of CMGI to exercise the voting right of Shares.
Assignment of Voting Rights. The Junior Lender hereby absolutely, irrevocably and unconditionally assigns and sets over to the Senior Lender all of Junior Lenders’ Plan Voting Rights in any Insolvency Proceeding respecting Borrower.
Assignment of Voting Rights. Each Subordinate Lender hereby absolutely, irrevocably, and unconditionally assigns and sets over to such Senior Lender all of such Subordinate Lender's Plan Voting Rights in any Insolvency Proceeding respecting Borrower. Senior Lender, however, acknowledges and agrees that it will not exercise any such Plan Voting Rights of Subordinate Lender in favor of any plan of reorganization which would result in or have the effect of lowering the payment priority of the claims evidenced by the Subordinate Loan Documents below that which such claims would otherwise be entitled based on the ranking and priority of claims at the commencement of such Insolvency Proceeding (a "PRIORITY REDUCTION"); provided, however, that Senior Lender may exercise such Plan Voting Rights of Subordinate Lender in favor of a plan of reorganization containing any Priority Reduction resulting from (i) administrative claims and claims in favor of persons providing post-petition financing in such Insolvency Proceedings and approved by the applicable court, or (ii) a judicial determination made in such Insolvency Proceeding or ancillary proceedings relating thereto approving or ordering such Priority Reduction under applicable law, including, without limitation, principles of equitable subordination or other equitable remedies available to the debtor, trustee or other creditors in such Insolvency Proceeding.
Assignment of Voting Rights. The borrower hereby assigns to the Trust, until the repayment of all sums owed under the terms and conditions of the loan, all voting rights he holds or will hold under the hypothecated property. However, until notified to the contrary by the Trust, the borrower shall continue to exercise such voting rights as proxy to the Trust and he may delegate their exercise to third parties as if he still held them. Should the Trust avail itself of the assignment of his voting rights, the borrower undertakes to sign forthwith, upon request, any document required by the Trust to enable it to exercise such voting rights. The Trust may notify the securities' issuer accordingly and request to receive thenceforth notices or general meetings.
Assignment of Voting Rights. Gxxxxxxx hereby irrevocably assigns to Yde the rights to vote Gxxxxxxx’x Shares in all matters and things that the shareholders of the, Company have the right to vote upon. Furthermore, if Gxxxxxxx shall ever own any additional ordinary shares of the Company during the term of this Agreement, he shall promptly assign to Yde the same right to vote such additional shares and such additional shares shall also be deemed to be a part of “Gxxxxxxx’x Shares” for purposes of this Agreement.
Assignment of Voting Rights. 111 22.09 No Renewal of Exclusive Period...................................111
Assignment of Voting Rights. Subject to Section 9.04(b), in aid of the foregoing, but also as independent rights granted to First Lender as a portion of its consideration hereunder, Sears, ST, AEW, Second Lender and Option Holder, for themselves, their successors and assigns, hereby assign, set over and transfer to First Lender all right or entitlement each may have to vote upon, consent to or agree to (including the right to not consent or to not agree to) any issue arising within, during or otherwise as a result of any Tower Bankruptcy Proceeding, including, without limitation, all rights relating to voluntary or involuntary proceedings, adequate protection issues, cash collateral orders, post petition financing proceedings, initiatives to dismiss or convert, Bankruptcy Code Section 1111(b)(2) elections and plan confirmation proceedings. Subject to the provisions of Section 9.04(b); First Lender may exercise the rights granted to it hereby for its own benefit and as it may elect without regard to the interests of Sears, ST, AEW, Second Lender or Option Holder. Subject to the provisions of Section 9.04(b), First Lender may act or vote either directly within said proceedings or through representatives of Sears, ST, AEW, Second Lender and Option Holder by directing the same to act or vote as First Lender may instruct.
Assignment of Voting Rights. Each of the Seller shall execute an irrevocable power of attorney agreement, substantially in the form of Exhibit F herein, with respect to their respective rights to vote Parent Shares in all matters and things that the shareholders of the Parent have the right to vote upon.
Assignment of Voting Rights. In consideration of the execution of this Lease for the Premises, Landlord does hereby assign to Tenant all of its right in the Class A voting membership in Fountain Square Property Owners Association, Inc. received by virtue of Landlord's ownership in the Premises so long as Tenant is not in default of this Lease. Notwithstanding the foregoing, it is expressly understood and agreed to that the voting membership has or will be collaterally assigned to any Lender that is providing financing for the improvements located on the Premises. Fountain hereby covenants and agrees that this Assignment of voting right is subordinate, subject and inferior to the rights of any Lender to exercise the right to vote on any Fountain Square Property Owners Association, Inc. matter in the event there is a default under the collateral assignment of voting rights given to Lender with respect to the Premises.
