Common use of Inability to Vote Clause in Contracts

Inability to Vote. To the maximum extent permitted by applicable law, the Defaulting Investor hereby makes, constitutes and appoints the Company with full power of substitution, its true and lawful proxy to exercise all voting and other rights of such Defaulting Investor with respect to the Shares, at every annual, special or adjourned meeting of the stockholders of the Company and in every written consent in lieu of such meeting in exact proportion to the votes or consents cast by Stockholders other than Defaulting Stockholders or, in the absence of any such Stockholders, in the discretion of the proxy.

Appears in 10 contracts

Samples: Subscription Agreement (Golub Capital BDC 4, Inc.), Subscription Agreement (Golub Capital Direct Lending Unlevered Corp), Subscription Agreement (Golub Capital Direct Lending Unlevered LLC)

AutoNDA by SimpleDocs

Inability to Vote. To the maximum extent permitted by applicable law, the Defaulting Investor hereby makes, constitutes and appoints the Company Fund with full power of substitution, its true and lawful proxy to exercise all voting and other rights of such Defaulting Investor with respect to the Shares, at every annual, special or adjourned meeting of the stockholders shareholders of the Company Fund and in every written consent in lieu of such meeting in exact proportion to the votes or consents cast by Stockholders Shareholders other than Defaulting Stockholders Shareholders or, in the absence of any such StockholdersShareholders, in the discretion of the proxy.

Appears in 4 contracts

Samples: Subscription Agreement (KKR FS Income Trust), Subscription Agreement (KKR FS Income Trust Select), Subscription Agreement (KKR FS Income Trust)

AutoNDA by SimpleDocs

Inability to Vote. To the maximum extent permitted by applicable law, the Defaulting Investor hereby makes, constitutes and appoints the Company with full power of substitution, its true and lawful proxy to exercise all voting and other rights of such Defaulting Investor with respect to the Shares, at every annual, special or adjourned meeting of the stockholders shareholders of the Company and in every written consent in lieu of such meeting in exact proportion to the votes or consents cast by Stockholders Members other than Defaulting Stockholders Members or, in the absence of any such StockholdersMembers, in the discretion of the proxy.

Appears in 1 contract

Samples: Subscription Agreement (Andalusian Credit Company, LLC)

Time is Money Join Law Insider Premium to draft better contracts faster.