Common use of Irrevocable Proxy is Coupled With an Interest Clause in Contracts

Irrevocable Proxy is Coupled With an Interest. Any irrevocable proxies granted pursuant to this Agreement are and shall be coupled with an interest sufficient in law to support an irrevocable proxy, and are and shall be granted in consideration of and as an inducement to cause the Investors to enter into this Agreement and the Preferred Purchase Agreement and to consummate the Financing.

Appears in 3 contracts

Samples: Voting Agreement (Casey Rebecca Powell), Voting Agreement (Harolds Stores Inc), Voting Agreement (Inter Him Nv)

AutoNDA by SimpleDocs

Irrevocable Proxy is Coupled With an Interest. Any irrevocable proxies granted pursuant to this Agreement are and shall be coupled with an interest sufficient in law to support an irrevocable proxy, and are and shall be granted in consideration of and as an inducement to cause the Investors to enter into this Agreement and the Preferred Purchase Agreement and to consummate the FinancingAgreement.

Appears in 1 contract

Samples: Shareholders Agreement (Inter Him Nv)

AutoNDA by SimpleDocs

Irrevocable Proxy is Coupled With an Interest. Any irrevocable proxies granted pursuant to this the Prior Agreement were, are and shall be coupled with an interest sufficient in law to support an irrevocable proxy, and were, are and shall be granted in consideration of and as an inducement to cause the Investors to enter into this the Prior Agreement and the Preferred Purchase Agreement and to consummate the Financingthis Agreement.

Appears in 1 contract

Samples: Voting Agreement (Harolds Stores Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.