Common use of Covenant to Vote Clause in Contracts

Covenant to Vote. Each of the Shareholders shall vote the Shares then owned or controlled by such Shareholder (i) at any annual or special general meeting of Shareholders of the Company called for the purpose of voting on the election or removal of directors or (ii) by written consent of Shareholders of the Company with respect to the election or removal of directors in favor of the election of the directors nominated or the removal of the directors designated in accordance with this Section 12.

Appears in 2 contracts

Samples: Subscription and Shareholders Agreement (Stratus Technologies Bermuda Holdings Ltd.), Second Lien Credit Agreement (Stratus Technologies Bermuda Holdings Ltd.)

AutoNDA by SimpleDocs

Covenant to Vote. Each of the Shareholders shall vote the Shares Securities then owned or controlled by such Shareholder (i) at any annual or special general meeting of Shareholders shareholders of the Company called for the purpose of voting on the election or removal of directors or (ii) by written consent of Shareholders of the Company with respect to the election or removal of directors in favor of the election of the directors nominated or the removal of the directors designated in accordance with this Section 1210.

Appears in 2 contracts

Samples: Shareholders Agreement (Stratus Technologies Bermuda Holdings Ltd.), Shareholder Agreements (Stratus Technologies International Sarl)

AutoNDA by SimpleDocs

Covenant to Vote. Each of the Shareholders shall vote the Shares then owned or controlled by such Shareholder (i) at any annual or special general meeting of Shareholders of the Company called for the purpose of voting on the election or removal of directors or (ii) by written consent of Shareholders of the Company with respect to the election or removal of directors in favor of the election of the directors nominated or the removal of the directors designated in accordance with this Section 12. 13.

Appears in 1 contract

Samples: Subscription and Shareholders Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!