Common use of Representation of Consenting Holders’ Holdings Clause in Contracts

Representation of Consenting Holders’ Holdings. Each of the Consenting Holders represents that, as of the date hereof: (a) it is the legal owner, beneficial holder and/or the investment advisor or manager for the beneficial holder of such legal or beneficial holder’s Movie Gallery Claims set forth on its respective signature page (collectively, the “Relevant Claims”); (b) there are no Movie Gallery Claims of which it is the legal owner, beneficial holder and/or investment advisor or manager for such legal or beneficial holder that are not part of its Relevant Claims unless such Consenting Holder does not possess the full power to vote and dispose of such Claims; and (c) it has full power to vote, dispose of and compromise the aggregate principal amount of the Relevant Claims.

Appears in 3 contracts

Samples: Plan Support Agreement, Plan Support Agreement, Plan Support Agreement (Movie Gallery Inc)

AutoNDA by SimpleDocs

Representation of Consenting Holders’ Holdings. Each of the Consenting Holders represents that, as of the date hereof: (a) it is the legal owner, beneficial holder owner and/or the investment advisor or manager for the beneficial holder owner of such legal or beneficial holderowner’s Movie Gallery Claims set forth on its respective signature page (collectively, the “Relevant Claims”); (b) there are no Movie Gallery Claims of which it is the legal owner, beneficial holder owner and/or investment advisor or manager for such legal or beneficial holder owner that are not part of its Relevant Claims unless such Consenting Holder does not possess the full power to vote and dispose of such Claims; and (c) it has full power to vote, dispose of and compromise the aggregate principal amount of the Relevant Claims.

Appears in 1 contract

Samples: Lock Up, Voting and Consent Agreement (Movie Gallery Inc)

AutoNDA by SimpleDocs

Representation of Consenting Holders’ Holdings. Each of the Consenting Holders represents that, as of the date hereof: (a) it is the legal owner, beneficial holder owner and/or the investment advisor adviser or manager for the beneficial holder owner of such legal or beneficial holderowner’s Movie Gallery Ampex Claims set forth on its respective signature page (collectively, the “Relevant Claims”); (b) there are no Movie Gallery Ampex Claims of which it is the legal owner, beneficial holder owner and/or investment advisor adviser or manager for such legal or beneficial holder owner that are not part of its Relevant Claims unless such Consenting Holder does not possess the full power to vote and dispose of such Claims; and (c) it has full all requisite power and authority to voteenter into this Agreement and to carry out the transactions contemplated hereby, dispose of and compromise the aggregate principal amount of the Relevant Claimsto perform its obligations hereunder.

Appears in 1 contract

Samples: Plan Support Agreement (Ampex Corp /De/)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!