Common use of Voting Obligations Clause in Contracts

Voting Obligations. 5.1. During the Voting Period, Purchaser shall take such action as may be required so that all Voting Shares Beneficially Owned by any member of the Purchaser Control Group (and shall use all reasonable efforts to cause any Voting Shares held by any Affiliate of Purchaser that is not a member of the Purchaser Control Group or any 13D Group of which Purchaser or any Affiliate of Purchaser is a party) are voted for or cast or cause to be voted or cast in the same manner as recommended by the Board of Directors of the Company, and if no such recommendation is made then in the same manner and proportion as the votes cast by the holders of the Voting Shares other than Purchaser or any Affiliate of Purchaser or any 13D Group of which Purchaser or any Affiliate of Purchaser is a party.

Appears in 3 contracts

Samples: Share Purchase Agreement (SCP Private Equity Partners Ii Lp), Share Purchase Agreement (USDATA Liquidating Trust), Share Purchase Agreement (Tecnomatix Technologies LTD)

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Voting Obligations. 5.13.1. During the Voting Period, Purchaser shall take such action as may be required so that all Voting Shares Beneficially Owned by Purchaser or any member of the Purchaser Control Group (and shall use all reasonable efforts to cause any Voting Shares held by any Affiliate of Purchaser that is not a member of the Purchaser Control Group or any 13D Group of which Purchaser or any Affiliate of Purchaser is a party) are voted for or cast or cause to be voted or cast in the same manner as recommended by the Board of Directors of the Company, and if no such recommendation is made then in the same manner and proportion as the votes cast by the holders of the Voting Shares other than Purchaser or any Affiliate of Purchaser or any 13D Group of which Purchaser or any Affiliate of Purchaser is a party.

Appears in 1 contract

Samples: Standstill Agreement (USDATA Liquidating Trust)

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