Common use of No Limitation on Fiduciary Duty Clause in Contracts

No Limitation on Fiduciary Duty. Tahoe agrees and acknowledges that each Shareholder is bound hereunder solely in such Shareholder’s capacity as a securityholder of Pan American and that nothing in this Agreement shall restrict, limit or prohibit the Shareholder from taking any action (other than with respect to the Shareholder Securities, including the voting and disposition thereof), in his or her capacity as a director or officer of Pan American that is necessary for him or her to comply with his or her fiduciary duties as a director or officer of Pan American under applicable Law or that is permitted by the Arrangement Agreement and any such action by the Shareholder shall not constitute a violation of this Agreement.

Appears in 15 contracts

Samples: Voting and Support Agreement (Tahoe Resources Inc.), Voting and Support Agreement (Tahoe Resources Inc.), Voting and Support Agreement (Tahoe Resources Inc.)

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