Common use of Proxies; Rules Clause in Contracts

Proxies; Rules. Each Investor may authorize any person or persons to act for him by proxy in all matters in which an Investor is entitled to participate, whether by waiving notice of any meeting, or voting or participating at a meeting. Every proxy must be signed by the Investor or his attorney-in-fact. No proxy shall be valid after the expiration of 11 months from the date thereof unless otherwise provided in the proxy. Every proxy shall be recoverable at the pleasure of the Investor executing it. At each meeting of Investors, the General Partner shall appoint officers and adopt rules as they deem appropriate for the conduct of the meeting.

Proxies; Rules. Each Investor may authorize any person or persons to act for him by proxy in all matters in which an Investor is entitled to participate, whether by waiving notice of any meeting, or voting or participating at a meeting. Every proxy must be signed by the Investor or his attorney-in-fact. No proxy shall be valid after the expiration of 11 months from the date thereof unless otherwise provided in the proxy. Every proxy shall be recoverable revocable at the pleasure of the Investor executing it. At each meeting of Investors, Investors the General Partner Partners shall appoint officers and adopt rules as they deem appropriate for the conduct of the meeting.