Common use of Parent and Subsidiaries Not to Vote Exchangeable Shares Clause in Contracts

Parent and Subsidiaries Not to Vote Exchangeable Shares. Parent covenants and agrees that it will appoint and cause to be appointed proxyholders with respect to all Exchangeable Shares held by it and its Subsidiaries for the purpose of attending each meeting of holders of Exchangeable Shares in order to be counted as part of the quorum for each meeting. While any Exchangeable Shares, other than those that are held by Parent or its Subsidiaries, are outstanding, Parent further covenants and agrees that it will not, and will cause its Subsidiaries not to, exercise any voting rights which may be exercisable by holders of Exchangeable Shares from time to time pursuant to the Exchangeable Share Provisions or pursuant to the provisions of the Business Corporations Act (British Columbia) (or any successor or other corporate statute by which the Corporation may in the future be governed) with respect to any Exchangeable Shares held by it or by its Subsidiaries in respect of any matter considered at any meeting of holders of Exchangeable Shares.

Parent and Subsidiaries Not to Vote Exchangeable Shares. Each of Parent and Callco covenants and agrees that it will shall appoint and cause to be appointed proxyholders with respect to all Exchangeable Shares held by it and its Subsidiaries for the sole purpose of attending each any meeting of holders of Exchangeable Shares in order to be counted as part of the quorum for each such meeting. While any Exchangeable Shares, other than those that are held by Each of Parent or its Subsidiaries, are outstanding, Parent and Callco further covenants and agrees that it will shall not, and will shall cause its Subsidiaries not to, exercise any voting rights which may be exercisable by holders of Exchangeable Shares from time to time pursuant to the Exchangeable Share Provisions or pursuant to the provisions of the Canada Business Corporations Act (British Columbia) (or any successor or other corporate statute by which the Corporation Company may in the future be governed) with respect to any Exchangeable Shares held by it or by its Subsidiaries in respect of any matter considered at any meeting of holders of Exchangeable Shares; provided however, for further clarity, that this Section 2.8shall not in any way restrict the right of Parent or any of its Subsidiaries to vote their common shares of the Company.

Parent and Subsidiaries Not to Vote Exchangeable Shares. Each of Parent and Callco covenants and agrees that it will shall appoint and cause to be appointed proxyholders with respect to all Exchangeable Shares held by it and its Subsidiaries for the sole purpose of attending each any meeting of holders of Exchangeable Shares in order to be counted as part of the quorum for each such meeting. While any Exchangeable Shares, other than those that are held by Each of Parent or its Subsidiaries, are outstanding, Parent and Callco further covenants and agrees that it will shall not, and will shall cause its Subsidiaries not to, exercise any voting rights which may be exercisable by holders of Exchangeable Shares from time to time pursuant to the Exchangeable Share Provisions or pursuant to the provisions of the Business Corporations Act (British Columbia) (or any successor or other corporate statute by which the Corporation Company may in the future be governed) with respect to any Exchangeable Shares held by it or by its Subsidiaries in respect of any matter considered at any meeting of holders of Exchangeable Shares; provided however, for further clarity, that this Section 2.9 shall not in any way restrict the right of Parent or any of its Subsidiaries to vote their common shares of the Company.

Parent and Subsidiaries Not to Vote Exchangeable Shares. Each of Parent and Callco covenants and agrees that it will shall appoint and cause to be appointed proxyholders with respect to all Exchangeable Shares held by it and its Subsidiaries for the sole purpose of attending each any meeting of holders of Exchangeable Shares in order to be counted as part of the quorum for each such meeting. While any Exchangeable Shares, other than those that are held by Each of Parent or its Subsidiaries, are outstanding, Parent and Callco further covenants and agrees that it will shall not, and will shall cause its Subsidiaries not to, exercise any voting rights which may be exercisable by holders of Exchangeable Shares from time to time pursuant to the Exchangeable Share Provisions or pursuant to the provisions of the Business Corporations Act (British Columbia) (or any successor or other corporate statute by which the Corporation Company may in the future be governed) with respect to any Exchangeable Shares held by it or by its Subsidiaries in respect of any matter considered at any meeting of holders of Exchangeable Shares; provided however, for further clarity, that this Section 2.9 shall not in any way restrict the right of Parent or any of its Subsidiaries to vote their Common Shares.