No Voting Trusts Sample Clauses
The No Voting Trusts clause prohibits shareholders from transferring their voting rights to a third party through mechanisms such as voting trusts, proxies, or similar arrangements. In practice, this means that shareholders must exercise their own voting rights directly and cannot pool or delegate their votes to another individual or entity for collective decision-making. This clause is designed to maintain transparency and individual accountability in shareholder voting, preventing the consolidation of voting power and ensuring that each shareholder retains direct control over their influence in corporate governance.
No Voting Trusts. Shareholder agrees that Shareholder will not, nor will Shareholder permit any entity under Shareholder's control to, deposit any Shares in a voting trust or subject the Shares to any agreement, arrangement or understanding with respect to the voting of the Shares inconsistent with this Agreement.
No Voting Trusts. After the date hereof, the Shareholder agrees that the Shareholder will not, nor will the Shareholder permit any entity under the Shareholder's control to, deposit any of the Shareholder's Shares in a voting trust or subject any of the Shareholder's Shares to any arrangement with respect to the voting of such Shares other than agreements entered into with Medscape.
No Voting Trusts. Each of the Stockholders agrees that they will not, nor will they permit any entity or person under their control to, deposit any of its Shares or New Shares (as defined in Section 6 hereof) in a Voting trust or subject any of their Shares or New Shares to any arrangement with respect to the Voting of such Shares or New Shares other than agreements entered into with IMS.
No Voting Trusts. The Securityholder will not, and will not permit any of its affiliates to, grant any proxies or powers of attorney, or any other authorization or consent with respect to any or all of the Owned Shares and, if applicable, such Securityholder’s Primero Debentures or deposit any of the Owned Shares and, if applicable, its Primero Debentures, in a voting trust or subject any of such Securities to any arrangement or agreement with respect to the voting of such securities, other than agreements entered into with First Majestic.
No Voting Trusts. The Stockholder agrees that the Stockholder will not, nor will the Stockholder permit any entity under the Stockholder's control to, deposit any of the Proxy Shares in a voting trust or subject any of the Proxy Shares to any arrangement with respect to the voting of the Proxy Shares inconsistent with this Agreement.
No Voting Trusts. After the date hereof, Stockholder agrees that he will not, nor will he permit any entity under his control to, deposit any Shares in a voting trust or subject any Shares to any Lien (except, if any Shares were as of September 25, 1998 in margin accounts, to the extent of the collateral required by the related loan as noted on Exhibit A hereto) or agreement, arrangement or understanding with respect to the voting of such Shares other than agreements entered into with Parent.
No Voting Trusts. From the date hereof until any termination of this Agreement in accordance with its terms, the Shareholder will not, nor will the Shareholder permit any entity under the Shareholder’s control to, deposit any of the Shares or New Shares in a Voting trust or subject any of the Shares or New Shares to any arrangement with respect to the Voting of such Shares or New Shares other than agreements entered into with the Parent.
No Voting Trusts. During the term of this Agreement, each of the Stockholders agrees that such Stockholder will not, nor will such Stockholder permit any entity under such Stockholder's control, to deposit any of such Stockholder's Shares in a voting trust or subject any of their Shares to any arrangement with respect to the voting of such Shares other than agreements entered into with Tek.
No Voting Trusts. Each of the Stockholders agrees that, prior to the Termination Date, such Stockholder will not, nor will such Stockholder permit any Person under such Stockholder's control to, deposit any of the Subject Securities in a voting trust or subject any of the Subject Securities to any proxy or arrangement with respect to the Voting of the Subject Securities other than agreements entered into with Occam.
No Voting Trusts. Each Stockholder hereby revokes any and all proxies and voting instructions with respect to the Shares previously given by such Stockholder and such Stockholder agrees that it will not grant or give any other proxies or voting instructions with respect to the voting of the Shares, enter into any voting trust or other arrangement or agreement with respect to the voting of the Shares (and if given or executed, such proxies, voting instructions, voting trust or other arrangement or agreement shall not be effective), or agree, in any manner, to vote the Shares for or against any proposal submitted to the stockholders of IOI except in furtherance of the proposals set forth in paragraph 4 hereof.