Common use of Exercise of the Entrusted Rights Clause in Contracts

Exercise of the Entrusted Rights. 3.1 The Shareholders will provide sufficient assistances to the Entrusted Persons with regard to their exercise of the Entrusted Rights, including timely execution where necessary of resolutions of shareholders’ meetings adopted by the Entrusted Persons or other pertinent legal documents (e.g., where the same is required in order to submit documents for purpose of governmental approvals, registrations or filings.). 3.2 If at any time within the term of this Agreement, the grant or exercise of the Entrusted Rights hereunder is unrealizable for whatever cause (except for default of any Shareholder or the Company), the Parties shall immediately seek the most similar alternative solution and, if necessary, enter into a supplementary agreement to amend or adjust the provisions herein, in order to ensure the realization of the purpose of this Agreement.

Appears in 18 contracts

Samples: Shareholder Voting Right Proxy Agreement (Leju Holdings LTD), Shareholder Voting Right Proxy Agreement (Leju Holdings LTD), Shareholder Voting Right Proxy Agreement (Leju Holdings LTD)

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Exercise of the Entrusted Rights. 3.1 The Shareholders will provide sufficient assistances to the Entrusted Persons with regard to their exercise of the Entrusted Rights, including timely execution where necessary of resolutions of shareholders’ meetings or other pertinent legal documents adopted by the Entrusted Persons or other pertinent legal documents wheere necessary (e.g., where the same is required in order to submit documents for purpose of governmental approvals, registrations or filings.). 3.2 If at any time within the term of this Agreement, the grant or exercise of the Entrusted Rights hereunder is unrealizable for whatever cause (except for default of any Shareholder or the Company), the Parties shall immediately seek the most similar alternative solution and, if necessary, enter into a supplementary agreement to amend or adjust the provisions herein, in order to ensure the realization of the purpose of this Agreement.

Appears in 2 contracts

Samples: Shareholder Voting Right Proxy Agreement (E-House (China) Holdings LTD), Shareholder Voting Right Proxy Agreement (China Real Estate Information Corp)

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Exercise of the Entrusted Rights. 3.1 3.1. The Shareholders will shall provide the Entrustees with sufficient assistances to the Entrusted Persons with regard to their exercise of assistance in exercising the Entrusted Rights, including timely execution where necessary signature of the resolutions of shareholders’ shareholder meetings adopted by of the Entrusted Persons Company or any other pertinent legal documents made by Entrustees in a timely manner if necessary (e.g.for example, where for the same is required in order to submit documents for purpose of governmental approvalssatisfying the reporting documents required for approval, registrations registration or filings.filing by any government body). 3.2 3.2. If at any time within the term valid period of this the Agreement, the grant granting or exercise the exercising of the Entrusted Rights hereunder is unrealizable cannot be achieved for whatever cause any reason (except for default other than any breach of any Shareholder the Agreement by the Shareholders or the Company), the Parties shall immediately seek the for an alternative solution most similar alternative solution andto the unachievable provision, and if necessary, enter into necessary sign a supplementary agreement to amend or to adjust the provisions hereinprovision of the Agreement, in order thus to ensure the continuous realization of the purpose of this Agreementhereof.

Appears in 1 contract

Samples: Entrustment Agreement on the Voting Rights of Shareholders (Shanda Games LTD)

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