Default Powers. At any time while the Security is enforceable in accordance with the terms of this 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 Securities any voting rights and any powers or rights which may be exercised by the person or persons in whose name or names the Securities are registered or who is the holder or bearer of them.
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Samples: Debenture (Diametrics Medical Inc), Debenture (Diametrics Medical Inc)
Default Powers. At any time while the Security is enforceable in accordance with the terms of this Debenture 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 Securities 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 Securities Shares are registered or who is the holder or bearer of them.
Appears in 2 contracts
Samples: Charge Over Shares, Charge Over Shares (Diametrics Medical Inc)
Default Powers. At any time while the Security is enforceable in accordance with the terms of this Debenture 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 Securities 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 Securities Shares are registered or who is the holder or bearer of them.
Appears in 1 contract
