Common use of Exercise of Voting Rights Clause in Contracts

Exercise of Voting Rights. (a) Each Creditor (other than the Senior Creditors) will cast its vote in any proposal put to the vote by or under the supervision of any judicial or supervisory authority in respect of any insolvency, pre-insolvency or rehabilitation or similar proceedings relating to any member of the Group as instructed by the Security Agent.

Appears in 2 contracts

Samples: Intercreditor Agreement (LumiraDx LTD), Intercreditor Agreement (LumiraDx LTD)

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Exercise of Voting Rights. (a) Each Creditor (other than the Senior CreditorsCollateral Agent) will cast its vote in any proposal put to the vote by or under the supervision of any judicial or supervisory authority in respect of any insolvency, pre-insolvency or rehabilitation or similar proceedings relating to any member of the Group as instructed by the Security Collateral Agent.

Appears in 2 contracts

Samples: Intercreditor Agreement (Selina Hospitality PLC), Intercreditor Agreement (Selina Hospitality PLC)

Exercise of Voting Rights. (a) Each Creditor (other than the Senior Creditorsa Primary Creditor) will cast its vote in any proposal put to the vote by or under the supervision of any judicial or supervisory authority in respect of any insolvency, pre-insolvency or rehabilitation or similar proceedings relating to any member of the Group as instructed by the Security Agent.

Appears in 1 contract

Samples: Intercreditor Agreement (Ferroglobe PLC)

Exercise of Voting Rights. (a) Each Creditor (other than the Senior CreditorsAgent) will cast its vote in any proposal put to the vote by or under the supervision of any judicial or supervisory authority in respect of any insolvency, pre-insolvency or rehabilitation or similar proceedings relating to any member of the Group Debtor as instructed by the Security Agent.

Appears in 1 contract

Samples: Intercreditor Agreement

Exercise of Voting Rights. (a) Each Creditor (other than the Senior CreditorsAgent and an Arranger) will will, unless prohibited by any law, rule or regulation to which such Creditor is subject, cast its vote in any proposal put to the vote by or under the supervision of any judicial or supervisory authority in respect of any insolvency, pre-insolvency or rehabilitation or similar proceedings relating to any member of Debtor or the Group Parent as instructed by the Security Agent.

Appears in 1 contract

Samples: Intercreditor Agreement

Exercise of Voting Rights. (a) Each Subject to paragraph (c) below, each Creditor (other than the Senior Creditorseach Creditor Representative) will (to the fullest extent permitted by law at the relevant time) cast its vote in any proposal put to the vote by or under the supervision of any judicial or supervisory authority in respect of any insolvency, pre-insolvency or rehabilitation or similar proceedings relating to any Debtor, Security Grantor or member of the Group as instructed by the Common Security Agent.

Appears in 1 contract

Samples: Intercreditor Agreement (Selina Hospitality PLC)

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Exercise of Voting Rights. (a) Each Secured Creditor (other than the Senior Creditorseach Creditor Representative and each Credit Facility Arranger) will cast its vote in any proposal put to the vote by or under the supervision of any judicial or supervisory authority in respect of any insolvency, pre-insolvency or rehabilitation rehabilitation, reorganization or similar proceedings relating to any member of the Group Company as instructed by the Common Security Agent.

Appears in 1 contract

Samples: Intercreditor Agreement

Exercise of Voting Rights. (a) Each Creditor (other than the Senior Creditorseach Creditor Representative and each Arranger) will will, unless prohibited by any law, rule or regulation to which such Creditor is subject, cast its vote in any proposal put to the vote by or under the supervision of any judicial or supervisory authority in respect of any insolvency, pre-insolvency or rehabilitation or similar proceedings relating to any member of the Group as instructed by the Security Agent.

Appears in 1 contract

Samples: Intercreditor Agreement

Exercise of Voting Rights. (a) Each Secured Creditor (other than the Senior Creditorseach Creditor Representative and each Credit Facility Arranger) will cast its vote in any proposal put to the vote by or under the supervision of any judicial or supervisory authority in respect of any insolvency, pre-insolvency or rehabilitation rehabilitation, reorganization or similar proceedings relating to any member of the Group Company as instructed by the Common Security Agent.Agent.β€Œ

Appears in 1 contract

Samples: Intercreditor Agreement

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