No Right to Vote Clause Samples

The "No Right to Vote" clause establishes that certain parties, such as non-equity stakeholders or specific classes of shareholders, do not possess voting rights in company decisions. In practice, this means that holders of particular shares or interests—like non-voting stock or observers—cannot participate in shareholder meetings or influence resolutions through voting. This clause is commonly used to maintain control among a defined group of stakeholders, ensuring that decision-making power remains with those intended by the company’s governance structure and preventing dilution of control by non-voting participants.
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No Right to Vote. Until the Warrant shall have been exercised and the Warrant Shares shall have been issued, as provided in this Section 4, nothing contained herein shall be construed to confer upon the Holder, as such, any of the rights of a shareholder of PubCo or any right to vote for the election of directors or upon any matter submitted to shareholders at any meeting thereof, or to give or withhold consent to any corporate action (whether upon any recapitalisation, issuance of shares, reclassification of shares, change of par value or change of shares to no par value, consolidation, merger, conveyance, or otherwise) or to receive notice of meetings, or to receive dividends or subscription rights or otherwise.
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No Right to Vote. Debenture holders will have no right to vote on matters relating to the Corporation. Exclusive authority and responsibility for managing the Corporation rests with management of the Corporation and those persons, consultants and advisors retained by management on behalf of the Corporation. Accordingly, Subscribers should appreciate that they will be relying on the good faith, experience, expertise and ability of the directors and officers of the Corporation and other parties for the success of the business of the Corporation.
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No Right to Vote. Bondholders will have no right to vote on matters relating to the Corporation. Exclusive authority and responsibility for managing the Corporation rests with management of the Corporation and those persons, consultants and advisors retained by management on behalf of the Corporation. Accordingly, Subscribers should appreciate that they will be relying on the good faith, experience, expertise and ability of the directors and officers of the Corporation and other parties for the success of the business of the Corporation.
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No Right to Vote. Except as required by the ELP Act, any Defaulting Partner shall not be entitled to participate in any vote on, nor shall their consent be required for, any matters requiring the consent of Limited Partners pursuant to this Agreement. The Commitment of a Defaulting Partner shall be disregarded when determining whether matters requiring the consent of Limited Partners have been validly approved.
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No Right to Vote. Except for matters as to which the holders of outstanding shares of Series A Preferred Stock or Series B Preferred Stock have the right to vote as a class as mandated by law, on any matter presented to the shareholders of the Corporation for their action or consideration at any meeting of shareholders of the Corporation (or by written consent of shareholders in lieu of meeting), no holder of outstanding shares of Designated Preferred Stock shall be entitled to vote or consent on such matter.
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Related to No Right to Vote

  • Right to Views Nothing contained in this Agreement shall be construed to limit, impair or affect the right of any employee or representative of an employee to the expression or communication of a view, complaint or opinion on any matter so long as such action does not interfere with the performance of the duties of employment as prescribed in this Agreement or circumvent the rights of the exclusive representative.

  • Agreement to Vote (a) At each and every Shareholders Meeting held after the Effective Time and prior to the Voting Termination Date, each Specified Shareholder hereby agrees (x) if any annual or special meeting of the stockholders of the Company is held, to appear at such meeting or otherwise cause its Shares to be counted as present thereat for purposes of establishing a quorum, and to vote or (y) to act by written consent with respect to (or cause to be voted or acted upon by written consent), (i) all Shares for which such Specified Shareholder or any Subsidiary Holder thereof is the record holder or beneficial owner at the time of such vote or action by written consent and (ii) all Shares as to which such Specified Shareholder or any Subsidiary Holder thereof at the time of such vote or action by written consent has voting control, in each case: (A) In favor of: (i) All of the AAH Nominees; (ii) Any AAH Matter; and/or (iii) Any Other Matter, only if AAH has informed (by oral or written notice) the Specified Shareholders that AAH intends to vote in favor of such Other Matter; and (B) Against: (i) The election of any person or persons nominated in opposition to the AAH Nominees; (ii) Any matter brought before such Shareholders Meeting to be acted upon by the shareholders of the Company that is in opposition to an AAH Matter; and/or (iii) Any Other Matter, only if AAH has informed (by oral or written notice) the Specified Shareholders that AAH intends to vote against such Other Matter. (b) At each and every Shareholders Meeting held after the Effective Time and prior to the Voting Termination Date, each Shareholder hereby agrees (x) if any annual or special meeting of the stockholders of the Company is held, to appear at such meeting or otherwise cause its Shares to be counted as present thereat for purposes of establishing a quorum, and to vote or (y) act by written consent with respect to (or cause to be voted or acted upon by written consent), (i) all Shares for which such Shareholder or any Subsidiary Holder thereof is the record holder or beneficial owner at the time of such vote or action by written consent and (ii) all shares as to which such Shareholder or any Subsidiary Holder thereof at the time of such vote or action by written consent has voting control, in each case in favor of (A) at least one Dealer Nominee if the total number of Directors (excluding Directors that are employees of the Company) on the Board of Directors at the time of such Shareholders Meeting is less than seven and at least two Dealer Nominees if such number of Directors is more than six and (B) against the election of any person or persons nominated in opposition to such Dealer Nominee(s).