Common use of Reports and Voting Clause in Contracts

Reports and Voting. (a) Subject to the requirements of Applicable Laws, Manulife and the Nominee shall have no duty or obligation to exercise the voting rights or other elective rights of the investments subscribed/ acquired or received/held for you. (b) Under such circumstance, you agree that Manulife and the Nominee shall be exempted from any duty and obligation in respect of notification and delivery of any proxy or other document issued to you, unless otherwise provided in Applicable Laws.

Appears in 4 contracts

Samples: Terms and Conditions, Client Agreement, Terms and Conditions

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