General Undertaking. Each Shareholder must exercise all powers and rights available to that Shareholder as a holder of Shares in order to give effect to the provisions of this agreement and to ensure that the Company complies with its obligations under this agreement. References in this agreement to the Shareholders procuring that the Company performs its obligations are to be interpreted accordingly.
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Samples: Shareholders' Agreement (Federated Investors Inc /Pa/)
General Undertaking. Each Shareholder must hereby undertakes to the other Shareholders to:
a. generally exercise all its powers and voting rights available to that Shareholder as a holder shareholder of Shares in order to give effect the Company; and
b. procure that the Director(s) nominated by such Shareholder exercise their powers and voting rights on the Board to the provisions extent legally permissible and compatible with the fiduciary duties of such Director(s), in a manner which is consistent with the terms of this agreement Agreement, and to ensure that the Company complies with its obligations under provisions of this agreement. References in Agreement are given full effect at all times during the term of this agreement to the Shareholders procuring that the Company performs its obligations are to be interpreted accordinglyAgreement.
Appears in 1 contract
Samples: Shareholder Agreement
General Undertaking. Each Shareholder must hereby undertakes to the other Shareholders to generally exercise all its powers and voting rights available to that Shareholder as a holder shareholder of Shares the Company in order to give effect to a manner which is consistent with the provisions terms of this agreement Agreement and the Articles and to ensure that the Company complies with its obligations under provisions and objectives of this agreement. References in Agreement and the Articles are given full effect at all times during the term of this agreement to the Shareholders procuring that the Company performs its obligations are to be interpreted accordinglyAgreement.
Appears in 1 contract
Samples: Founders Agreement
General Undertaking. Each Shareholder must agrees to exercise all powers its voting and any other rights available to that Shareholder as a holder of Shares in order to give effect attaching to the Shares and its rights pursuant to this Agreement (all such rights being together for the purposes of this Clause "Shareholder Rights") to procure, so far as it lawfully can, that the Board of Directors shall determine the general policy of the Company in the carrying on of the Business in accordance with the express provisions of this agreement Agreement and to ensure that of the Company complies with its obligations under this agreement. References in this agreement to the Shareholders procuring that the Company performs its obligations are to be interpreted accordinglyNew Articles.
Appears in 1 contract