Common use of Validity of Proxies Clause in Contracts

Validity of Proxies. A proxy purporting to be executed by or on behalf of a Limited Partner will be considered to be valid unless challenged at the time of or prior to its exercise, and the person challenging will have the burden of proving to the satisfaction of the chairman of the meeting that the proxy is invalid and any decision of the chairman concerning the validity of a proxy will be final.

Appears in 2 contracts

Samples: cdn.cocodoc.com, www.projectn.ca

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Validity of Proxies. A proxy purporting to be executed by or on behalf of a Limited Partner will be considered to be valid unless challenged at the time of or prior to its exercise, and . The Person challenging the person challenging proxy will have the burden of proving to the satisfaction of the chairman chairperson of the meeting that the proxy is invalid and any decision of the chairman chairperson concerning the validity of a proxy will be final.

Appears in 2 contracts

Samples: Agreement (Abitibi Consolidated Inc), Agreement (Cinram International Income Fund)

Validity of Proxies. A proxy purporting to be executed by or on behalf of a Limited Partner will shall be considered to be valid unless challenged at the time of or prior to its exercise, and the person Person challenging will shall have the burden of proving to the satisfaction of the chairman of the meeting that the proxy is invalid and any decision of the chairman concerning the validity of a proxy will be final.

Appears in 2 contracts

Samples: Equityline Capital (EquityLine Capital (DELAWARE) LP), Equityline Capital (EquityLine Capital LLC)

Validity of Proxies. A proxy purporting to be executed by or on behalf of a Limited Partner will be considered to be valid unless challenged at the time of or prior to its exercise, and the person challenging will have the burden of proving to the satisfaction of the chairman chairperson of the meeting that the proxy is invalid and any decision of the chairman chairperson concerning the validity of a proxy will be final.

Appears in 1 contract

Samples: Limited Partnership Agreement

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Validity of Proxies. A proxy purporting to be executed by or on behalf of a Limited Partner will be considered to be valid unless challenged at the time of or prior to its exercise, and . The Person challenging the person challenging proxy will have the burden of proving to the satisfaction of the chairman chairperson of the meeting that the proxy is invalid and any decision of the chairman chairperson concerning the validity of a proxy will be final.

Appears in 1 contract

Samples: Partnership Agreement

Validity of Proxies. A proxy purporting to be executed by or on behalf of a Limited Partner will be considered to be valid unless challenged at the time of or prior to its exercise, and the person challenging will have the burden of proving to the satisfaction of the chairman of the meeting that the proxy is invalid and any decision of the chairman concerning the validity of a proxy will be final.

Appears in 1 contract

Samples: Limited Partnership Agreement

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