Common use of Validity of Proxy Clause in Contracts

Validity of Proxy. A vote given in accordance with the terms of an instrument of proxy shall be valid, notwithstanding the previous death or insanity of the principal or the revocation of the proxy or of the authority under which the proxy was executed, or the transfer of shares in respect of which the proxy is given, provided that no intimation in writing of such death, insanity, revocation or transfer shall have been received by the Company at its Office before the commencement of the meeting or adjourned meeting at which the proxy is used.

Validity of Proxy. A vote given in accordance with under the terms of an instrument of proxy shall be valid, notwithstanding the previous death or insanity of the principal principal, or the revocation of the proxy proxy, or of the authority under which the proxy was executed, or transfer the transfer of shares Shares in respect of which the proxy is given, provided that no intimation in writing of such death, insanity, revocation or transfer shall have been received by the Company at its Office registered office before the commencement of the meeting meeting, or adjourned meeting meeting, at which the proxy is used.