Common use of Thirteen Clause in Contracts

Thirteen. Two.- ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Winter ▇▇▇▇▇▇▇, a Chilean citizen, married, attorney-at-law, holder of national identity card No. [ ] and ▇▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, a Chilean citizen, married, attorney-at-law, holder of national identity card No. [ ], are personally present upon the execution hereof, and are both of age, and have evidenced their identities with the identity cards referred to above, stated that they accept the irrevocable special power of attorney granted herein and agree not to waive it without the written consent of Pledgee, in which case Pledgors shall previously appoint a new attorney-in-fact to perform judicial acts with the same powers and under the same terms as those set forth herein. The newly appointed attorney-in-fact shall appear personally and accept the power of attorney granted in the same deed of waiver, shall be an individual who permanently resides in Chile and shall be previously approved by Pledgee.-

Appears in 2 contracts

Sources: Shareholder Agreement (Saieh Bendeck Alvaro), Shareholders Agreement (Itau Unibanco Holding S.A.)

Thirteen. Two.- ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Winter ▇▇▇▇▇▇▇, a Chilean citizen, married, attorney-at-law, holder of national identity card No. [ ] and ▇▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, a Chilean citizen, married, attorney-at-law, holder of national identity card No. [ ], are personally present upon the execution hereof, and are both of age, and have evidenced their identities with the identity cards referred to above, stated that they accept the irrevocable special power of attorney granted herein and agree not to waive it without the written consent of Pledgee, in which case Pledgors Pledgor shall previously appoint a new attorney-in-fact to perform judicial acts with the same powers and under the same terms as those set forth herein. The newly appointed attorney-in-fact shall appear personally and accept the power of attorney granted in the same deed of waiver, shall be an individual who permanently resides in Chile and shall be previously approved by Pledgee.-

Appears in 1 contract

Sources: Shareholders Agreement (Itau Unibanco Holding S.A.)