Designated Proxy definition
Examples of Designated Proxy in a sentence
The Trustee shall vote all Shares-in-Trust in accordance with the recommendation of the Designated Proxy Firm and shall abstain if no such recommendation has been made.
The method of delivery of this Letter of Consent and all other required documents to the Tabulation Agent is at the risk of the Holder or Duly Designated Proxy, and the delivery will be deemed made only when actually received by the Tabulation Agent.
In order to effect the foregoing covenant, each Unitholder hereby grants to the Designated Proxy Agent with respect to all of such holder's Voting Securities an irrevocable proxy (which is deemed to be coupled with an interest) for the term of this Agreement (subject to Section 2.6(e)) with respect to any vote or action by written consent of Members solely to effect such Sale of the Subsidiary Business in compliance with this Section 2.6.
New Holder hereby agrees to grant to [insert name of the transferor] and his, her or its successors and assigns, with full power of substitution (the “Designated Proxy”) upon demand, one (1) or more proxies to vote all of New Holder’s Shares, and that the Designated Proxy may demand and exercise such proxies at any time to vote all of such Shares.
In order to effect the foregoing covenant, each other Stockholder hereby grants to the Designated Proxy Agent with respect to all of such Stockholder's shares of capital stock an irrevocable proxy (which is deemed to be coupled with an interest) for the term of this Agreement with respect to any stockholder vote or action by written consent solely to effect such Sale of the Subsidiary Business in compliance with this Section 2.7.
Only a Holder (or its Duly Designated Proxy, representative or attorney-in-fact) or another person who has complied with the procedures set forth below may execute and deliver a Letter of Consent.
A consent by a Holder or Duly Designated Proxy is a continuing consent notwithstanding that ownership of a Note has been transferred subsequent to the Record Date.
Consensus meaning that no representative is opposed to the decision even if some who are entitled to be Present may be absent (it is assumed those who are absent are not opposed), or if some who are Present have reservations but are not opposed Designated Proxy means a person with written and current authorisation to act for another.
Prior to such dates, the Excess Voting Power Proxy and the Amendment Proxy shall not be terminated by any act of Liberty or by operation of law, or by the occurrence of any other event or events, it being understood that actions taken by the Designated Proxy hereunder prior to the termination of this Agreement shall be and remain valid as if such event or events had not occurred, regardless of whether or not DIRECTV has received notice of the same.
The amendments to the Indenture and the Notes set forth herein shall become operative only at the first time and date at which the Offeror has paid the Consent Fee (as defined in the Consent Statement) to each Holder (or its Duly Designated Proxy (as defined in the Consent Statement)) entitled thereto in accordance with the Consent Statement.