Common use of Obligations to procure Clause in Contracts

Obligations to procure. Notwithstanding any other provisions in this Agreement and where under this Agreement a Shareholder undertakes to procure any action on the part of the Company, that Shareholder will be deemed to have complied with that undertaking if it had used its best efforts to procure such action including proposing and voting in favour of all relevant and necessary resolutions.

Appears in 4 contracts

Samples: www.sec.gov, www.sec.gov, Shareholders’ Agreement (Teekay Corp)

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