Common use of Acquiror and Affiliates Not to Vote Exchangeable Shares Clause in Contracts

Acquiror and Affiliates Not to Vote Exchangeable Shares. Acquiror and CallCo each covenant and agree that it will not, and will cause its Affiliates not to, exercise any voting rights which may be exercisable by holders of Exchangeable Shares from time to time pursuant to the Exchangeable Share Provisions or pursuant to the provisions of the ABCA (or any successor or other corporate statute by which ExchangeCo may in the future be governed) with respect to any Exchangeable Shares held by it or by its Affiliates in respect of any matter considered at any meeting of holders of Exchangeable Shares.

Appears in 2 contracts

Samples: Arrangement Agreement (Magnum Hunter Resources Corp), Support Agreement (Magnum Hunter Resources Corp)

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Acquiror and Affiliates Not to Vote Exchangeable Shares. Acquiror and CallCo Callco each covenant covenants and agree agrees that it will not, and will cause its Affiliates not to, exercise any voting rights which may be exercisable by holders of Exchangeable Shares from time to time pursuant to the Exchangeable Share Provisions or pursuant to the provisions of the ABCA (or any successor or other corporate statute by which ExchangeCo may in the future be governed) with respect to any Exchangeable Shares held by it or by its Affiliates in respect of any matter considered at any meeting of holders of Exchangeable Shares.

Appears in 2 contracts

Samples: Arrangement Agreement (Gran Tierra Energy, Inc.), Support Agreement (Gran Tierra Energy, Inc.)

Acquiror and Affiliates Not to Vote Exchangeable Shares. Acquiror and CallCo Callco each covenant covenants and agree agrees that it will not, and will cause its Affiliates not to, exercise any voting rights which may be exercisable by holders of Exchangeable Shares from time to time pursuant to the Exchangeable Share Provisions or pursuant to the provisions of the ABCA (or any successor or other corporate statute by which ExchangeCo the Corporation may in the future be governed) with respect to any Exchangeable Shares held by it or by its Affiliates in respect of any matter considered at any meeting of holders of Exchangeable Shares.

Appears in 1 contract

Samples: Support Agreement (Surge Global Energy, Inc.)

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Acquiror and Affiliates Not to Vote Exchangeable Shares. Acquiror and CallCo Callco each covenant and agree that it will not, and will cause its Affiliates not to, exercise any voting rights which may be exercisable by holders of Exchangeable Shares from time to time pursuant to the Exchangeable Share Provisions or pursuant to the provisions of the ABCA (or any successor or other corporate statute by which ExchangeCo Exchangeco may in the future be governed) with respect to any Exchangeable Shares held by it or by its Affiliates in respect of any matter considered at any meeting of holders of Exchangeable Shares.

Appears in 1 contract

Samples: Support Agreement (Magnum Hunter Resources Corp)

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