Common use of Establishment of Proxy Agreement Clause in Contracts

Establishment of Proxy Agreement. 1.01. The establishment of this Agreement involves the selection of no less than three Proxy Holders with the qualifications set forth in Section 2.01. The Proxy shall be granted by the Shareholder to the Proxy Holders pursuant to Article XIII. DoD shall determine that all requirements of this Agreement have been satisfied including the necessary independence and separation of operation, lack of interdependence between the Affiliates on the one hand, and on the other, the Corporation and/or its subsidiaries, and the financial self-reliance and business viability of the Corporation.

Establishment of Proxy Agreement. 1.01. The establishment of this Agreement involves the selection of no less than three Proxy Holders with the qualifications set forth in Section 2.012.01 below. The Proxy shall be granted by the Shareholder to the Proxy Holders pursuant to Article XIIIXIII of this Agreement. DoD shall determine that all of the requirements of set forth in this Agreement have been satisfied including the necessary independence and independence, separation of operation, and lack of interdependence between the Affiliates on the one hand, and the Company and/or its subsidiaries on the other, the Corporation and/or its subsidiariesother hand, and the financial self-reliance and business viability of the CorporationCompany.

Establishment of Proxy Agreement. 1.01. The establishment of this Agreement involves the selection of no less than three Proxy Holders with the qualifications set forth in Section 2.01. The Proxy shall be granted by the Shareholder to the Proxy Holders pursuant to Article XIII. DoD shall determine that all requirements of this Agreement have been satisfied including the necessary independence and separation of operation, lack of interdependence between the Affiliates on the one hand, hand and on the other, the Cleared Corporation and/or its subsidiaries, and the financial self-reliance and business viability of the Cleared Corporation.