Default Powers. At any time while the Security is enforceable in accordance with the terms of this Charge and without any further consent or authority on the part of the Chargor, the Agent or its nominee may exercise (or refrain from exercising) at its discretion in the name of the Chargor (or the registered holder thereof) in respect of any of the Security Assets any voting rights and any powers or rights which may be exercised by the person or persons in whose name or names the Shares are registered or who is the holder or bearer of them.
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Samples: www.sec.gov, Diametrics Medical Inc
Default Powers. At any time while the Security is enforceable in accordance with the terms of this Charge Debenture and without any further consent or authority on the part of the Chargor, the Agent or its nominee may exercise (or refrain from exercising) at its discretion in the name of the Chargor (or the registered holder thereof) in respect of any of the Security Assets Securities any voting rights and any powers or rights which may be exercised by the person or persons in whose name or names the Shares Securities are registered or who is the holder or bearer of them.
Appears in 2 contracts
Samples: Diametrics Medical Inc, Diametrics Medical Inc
Default Powers. At any time while the Security is enforceable in accordance with the terms of this Charge and without any further consent or authority on the part of the Chargor, the Administrative Agent or its nominee may exercise (or refrain from exercising) at its discretion in the name of the Chargor (or the registered holder thereof) in respect of any of the Security Assets any voting rights and any powers or rights which may be exercised by the person or persons in whose name or names the Shares are registered or who is the holder or bearer of them.
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