Common use of Administrative Powers Clause in Contracts

Administrative Powers. 6.1 The Voting Trustee shall not sell, transfer or otherwise dispose of any Qualifying Class B Shares without the prior or simultaneous written consent of McDonald’s. For the purposes of this Clause 6, “dispose” includes the exercise of voting powers leading, or capable of leading, to the liquidation of ▇▇▇▇▇ Dorados Holdings or the cancellation of any Qualifying Class B Shares or any rights attaching to them or the creation of any legal or equitable interest in any Qualifying Class B Shares. 6.2 Subject and without prejudice to Clauses 5 and 6.1 hereof and any of the other provisions hereof (and in particular provisions hereof which confer particular

Appears in 2 contracts

Sources: Voting Trust Instrument, Voting Trust Instrument (Arcos Dorados Holdings Inc.)