Common use of Composition of the LATAM Board Clause in Contracts

Composition of the LATAM Board. (a) The LATAM Controlling Shareholders and TEP each agree to exercise or cause to be exercised all voting rights in respect of all shares of LATAM Common Stock beneficially owned by it (as to each Shareholder at any time, its “Subject Shares”), and to use its commercially reasonable efforts to cause the LATAM Controlling Shareholder Directors (in the case of the LATAM Controlling Shareholders) or the TEP Directors (in the case of TEP) to take all actions within their power that are necessary or appropriate to:

Appears in 5 contracts

Samples: Shareholders Agreement (Tam S.A.), Shareholders Agreement (Holdco II S.A.), Shareholders Agreement (Lan Airlines SA)

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