Common use of Other Entity Clause in Contracts

Other Entity. A corporation, limited liability company or partnership to which a Certificate Holder transfers Voting Trust Certificates, provided that the articles of incorporation of such corporation, the operating agreement of such limited liability company or the partnership agreement of such partnership shall irrevocably provide that voting control of such entity, including, without limitation, control of the exercise of all duties, rights and powers with respect to the Voting Trust Certificates so transferred, is vested in a person who is the transferring Certificate holder or Permitted Transferee of such Certificate Holder.