Common use of Power to Vote Clause in Contracts

Power to Vote. The President, subject to the Board’s authorization by Unanimous Approval, shall have full power and authority on behalf of the Company to attend and to vote at any meeting of the equity holders of any entity in which the Company may hold an interest, may exercise on behalf of the Company any and all of the rights and powers incident to the ownership of such interest at any such meeting and shall have power and authority to execute and deliver proxies, waivers and consents on behalf of the Company in connection with the exercise by the Company of the rights and powers incident to the ownership of such interest. The Board, from time to time, may confer like powers upon any other Person or Persons.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Constellation Brands, Inc.), Limited Liability Company Agreement (Constellation Brands, Inc.)

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Power to Vote. The PresidentChief Executive Officer, subject to the Board’s authorization by Unanimous Approvalauthorization, shall have full power and authority on behalf of the Company to attend and to vote at any meeting of the equity holders of any entity in which the Company may hold an interest, may exercise on behalf of the Company any and all of the rights and powers incident to the ownership of such interest at any such meeting and shall have power and authority to execute and deliver proxies, waivers and consents on behalf of the Company in connection with the exercise by the Company of the rights and powers incident to the ownership of such interest. The Board, from time to time, may confer like powers upon any other Person or Persons.

Appears in 2 contracts

Samples: Grape Purchase Agreement (Huneeus Vintners LLC), Grape Purchase Agreement (Constellation Brands, Inc.)

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