Common use of Nature of Irrevocable Proxy Clause in Contracts

Nature of Irrevocable Proxy. Any proxy granted pursuant to Section 2.2 to the Company by the Stockholders shall be irrevocable during the term of this Agreement, shall be deemed to be coupled with an interest sufficient in law to support an irrevocable proxy and shall revoke any and all prior proxies granted by the Stockholders. Any proxy that may be granted hereunder shall terminate upon the termination of this Agreement.

Appears in 9 contracts

Samples: Voting Agreement (Motus GI Holdings, Inc.), Voting Agreement (Motus GI Holdings, Inc.), Voting Agreement (Adgero Biopharmaceuticals Holdings, Inc.)

AutoNDA by SimpleDocs

Nature of Irrevocable Proxy. Any proxy granted pursuant to Section 2.2 to the Company IPC by the Stockholders a Shareholder shall be irrevocable during the term of this Agreement, shall be deemed to be coupled with an interest sufficient in law to support an irrevocable proxy and shall revoke any and all prior proxies granted by the Stockholderssuch Shareholder. Any proxy that may be granted hereunder shall terminate upon the termination of this Agreement.

Appears in 3 contracts

Samples: Voting Agreement (Validus Holdings LTD), Voting Agreement (Validus Holdings LTD), Voting Agreement (Validus Holdings LTD)

Nature of Irrevocable Proxy. Any proxy granted pursuant to Section 2.2 to the Company Parent by the Stockholders Stockholder shall be irrevocable during the term of this Agreement, shall be deemed to be coupled with an interest sufficient in law to support an irrevocable proxy and shall revoke any and all prior proxies granted by the StockholdersStockholder. Any proxy that may be granted hereunder shall terminate upon the termination of this Agreement.

Appears in 2 contracts

Samples: Merger Agreement (NextWave Wireless Inc.), Voting Agreement (Navation, Inc.)

Nature of Irrevocable Proxy. Any proxy granted pursuant to Section 2.2 to the Company Parent by any of the Stockholders shall be irrevocable during the term of this Agreement, shall be deemed to be coupled with an interest sufficient in law to support an irrevocable proxy and shall revoke any and all prior proxies granted by the Stockholders. Any proxy that may be granted hereunder shall terminate upon the termination of this Agreement.

Appears in 2 contracts

Samples: Voting Agreement (Manchester Financial Group, LP), Voting Agreement (Avenue Capital Management II, L.P.)

AutoNDA by SimpleDocs

Nature of Irrevocable Proxy. Any proxy granted pursuant to Section 2.2 1.2 to the Company by the Stockholders Shareholder shall be irrevocable during the term of this Agreement, shall be deemed to be coupled with an interest sufficient in law to support an irrevocable proxy and shall revoke any and all prior proxies granted by the StockholdersShareholder. Any proxy that may be granted hereunder shall terminate upon the termination of this Agreement.

Appears in 1 contract

Samples: Voting Agreement (Naked Brand Group Inc.)

Nature of Irrevocable Proxy. Any proxy granted pursuant to Section 2.2 1.2 to the Company by the Stockholders Shareholder shall be irrevocable during the term of this Agreement, Agreement shall be deemed to be coupled with an interest sufficient in law to support an irrevocable proxy and shall revoke any and all prior proxies granted by the StockholdersShareholder. Any proxy that may be granted hereunder shall terminate upon (i) the termination of this Agreement, or (ii) a Naked Recommendation Change (as defined in the Merger Agreement).

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Naked Brand Group Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!