Common use of Foreign Subsidiary Voting Rights Clause in Contracts

Foreign Subsidiary Voting Rights. No decision or action in any governing document of any Foreign Subsidiary (other than an Eligible Foreign Subsidiary) requires a vote of greater than 50.1% of the Equity Interests or voting rights of such Foreign Subsidiary.

Appears in 11 contracts

Samples: Loan and Security Agreement (X4 Pharmaceuticals, Inc), Loan and Security Agreement (Paratek Pharmaceuticals, Inc.), Loan and Security Agreement (X4 Pharmaceuticals, Inc)

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Foreign Subsidiary Voting Rights. No decision or action in any governing document of any Foreign Subsidiary (other than an Eligible Foreign Subsidiary) requires a vote of greater than 50.1% of the Equity Interests or voting rights of such Foreign Subsidiary.

Appears in 7 contracts

Samples: Loan and Security Agreement (RedBall Acquisition Corp.), Loan and Security Agreement (Syndax Pharmaceuticals Inc), Loan and Security Agreement (RedBall Acquisition Corp.)

Foreign Subsidiary Voting Rights. No decision or action in any governing document of any Foreign Subsidiary (other than an Eligible Foreign Subsidiary) requires a vote of greater than fifty and one tenth of one percent (50.1% %) of the Equity Interests or voting rights of such Foreign Subsidiary.

Appears in 6 contracts

Samples: Loan and Security Agreement (Oak Street Health, Inc.), Loan and Security Agreement (Oak Street Health, Inc.), Loan and Security Agreement (Oak Street Health, Inc.)

Foreign Subsidiary Voting Rights. No decision or action in any governing document of any Foreign Subsidiary (other than an Eligible Foreign Subsidiary) requires a vote of greater than 50.1% of the Equity Interests equity interests or voting rights of such Foreign Subsidiary.

Appears in 3 contracts

Samples: Loan and Security Agreement (Sorrento Therapeutics, Inc.), Loan and Security Agreement (Sorrento Therapeutics, Inc.), Loan and Security Agreement (Sorrento Therapeutics, Inc.)

Foreign Subsidiary Voting Rights. No decision or action in any governing document of any Foreign Subsidiary (other than an Eligible of Borrower or of any entity solely holding the equity interests of any Foreign Subsidiary) Subsidiary of Borrower requires a vote of greater than 50.1% of the Equity Interests equity interests or voting rights of such Foreign Subsidiary or entity solely holding the equity interests of such Foreign Subsidiary.

Appears in 2 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement (Plug Power Inc)

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Foreign Subsidiary Voting Rights. No decision or action in any governing document of any Foreign Subsidiary (other than an Eligible or any Domestic Subsidiary that is not a Subsidiary of a Foreign Subsidiary) Subsidiary but that solely holds the equity interests of one or more Foreign Subsidiaries requires a vote of greater than 50.1% of the Equity Interests equity interests or voting rights of such Foreign SubsidiarySubsidiary or such Domestic Subsidiary that is not a Subsidiary of a Foreign Subsidiary but that solely holds the equity interests of one or more Foreign Subsidiaries.

Appears in 1 contract

Samples: Business Financing Agreement (Vapotherm Inc)

Foreign Subsidiary Voting Rights. No decision or action in any governing document of any Foreign Subsidiary (other than an Eligible Foreign Subsidiary) requires a vote of greater than 50.1% of the Equity Interests or voting rights of such Foreign Subsidiary.” 1.13 The Loan Agreement shall be amended by inserting the following sentence to appear at the end of Section

Appears in 1 contract

Samples: Loan and Security Agreement (Paratek Pharmaceuticals, Inc.)

Foreign Subsidiary Voting Rights. No decision or action in any governing document of any direct or indirect Foreign Subsidiary (other than an Eligible Foreign Subsidiary) requires a vote of greater than 50.1% of the Equity Interests equity interests or voting rights of such Foreign Subsidiary.” (E) Section 7.12 of the Loan Agreement is hereby amended and restated in its entirety to read as follows:

Appears in 1 contract

Samples: Loan and Security Agreement (Savara Inc)

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