Prior Proxies Clause Samples
The 'Prior Proxies' clause establishes that any proxy authorizations given by a shareholder before the current proxy are revoked and rendered invalid. In practice, this means that when a shareholder issues a new proxy for voting at a meeting, all previous proxies they may have granted for the same meeting or purpose are automatically canceled. This ensures that only the most recent proxy reflects the shareholder's current intentions, preventing confusion or disputes over which proxy is valid and thereby maintaining clarity and order in the voting process.
Prior Proxies. Each Stockholder hereby revokes (or agrees to cause to be revoked) any and all previous proxies granted with respect to the Covered Shares.
Prior Proxies. The Grantee hereby ratifies, confirms and approves everything lawful that the Proxyholder may do by virtue hereof. The Grantee hereby represents the Grantee has not executed prior proxies covering any shares of Parent Common Stock.
Prior Proxies. The Supporting Stockholder hereby revokes any and all previous proxies granted or has caused the holder(s) of record of any Covered Shares to revoke any and all previous proxies granted with respect to the Covered Shares. For clarity, any vote cast pursuant to Section 1 will be calculated consistent with the Nasdaq Listing Rules, as applicable.
Prior Proxies. (a) The MIT Stockholder represents that any proxies heretofore given in respect of the Subject Shares are revocable, and that any such proxies are hereby revoked or will be revoked by appropriate notice (or other instrument) prior to or concurrently with the execution and delivery of this Agreement.
(b) The MIT Stockholder recognizes that the Merger will be of benefit to the MIT Stockholder and acknowledges that MIT and MIT Holdings are incurring costs and expenses in reliance on the representations, warranties and covenants of the MIT Stockholder set forth in this Agreement.
Prior Proxies. Equityholder hereby revokes (or agrees to cause to be revoked) any proxies that Equityholder has heretofore granted with respect to the Company Capital Stock owned by Equityholder.
Prior Proxies. (a) AHM Stockholder represents that any proxies heretofore given in respect of the Subject Shares are revocable, and that any such proxies are hereby revoked or will be revoked by appropriate notice (or other instrument) prior to or concurrently with the execution and delivery of this Agreement.
(b) AHM Stockholder recognizes that the Merger will be of benefit to the AHM Stockholder and acknowledges that Company is incurring costs and expenses in reliance on the representations, warranties and covenants of AHM Stockholder set forth in this Agreement.