Common use of Voting Rights of Preferred Securityholders Clause in Contracts

Voting Rights of Preferred Securityholders. ii) Except as shall be otherwise expressly provided in Section 7.3(e) or otherwise herein, in the By-Laws or in any Certificate of Designations adopted by the Board of Directors or as otherwise required by the Delaware Act, the Preferred Securityholders shall have no right or power to vote on any question or matter or in any proceeding or to be represented at, or to receive notice of, any meeting of Securityholders.

Appears in 6 contracts

Samples: Limited Liability Company Agreement (UBS Preferred Funding Trust VIII), Limited Liability Company Agreement (Ubs Preferred Funding Trust Iv), Limited Liability Company Agreement (UBS Preferred Funding Trust VIII)

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Voting Rights of Preferred Securityholders. ii(a) Except as shall be otherwise expressly provided in Section 7.3(e) or otherwise herein, in the By-Laws or in any Certificate of Designations adopted by the Board of Directors or as otherwise required by the Delaware Act, the Preferred Securityholders shall have no right or power to vote on any question or matter or in any proceeding or to be represented at, or to receive notice of, any meeting of Securityholders.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Ubs Preferred Funding Trust Iii)

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