Common use of Voting and other rights until the Charges become enforceable Clause in Contracts

Voting and other rights until the Charges become enforceable. Until the Charges have become enforceable, the Chargor shall be entitled to exercise or direct the exercise of the voting and other rights attached to the Shares as it sees fit.

Appears in 3 contracts

Samples: Share Charge (Yu Dong), Share Charge (Yu Dong), Share Charge (Yu Dong)

AutoNDA by SimpleDocs

Voting and other rights until the Charges become enforceable. Until the Charges have become enforceable, the relevant Chargor shall be entitled to exercise or direct the exercise of the voting and other rights attached to the Shares as it sees fitfit provided that: (a) it does so for a purpose not inconsistent the Chargee Transaction Documents; and (b) the exercise or failure to exercise those rights would not have an adverse effect on the value of the Shares and would not otherwise prejudice the interests of the Chargee.

Appears in 2 contracts

Samples: Share Charge (SkyPeople International Holdings Group LTD), Share Charge (SkyPeople International Holdings Group LTD)

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