Exercise of Voting Rights. (a) Each Secured Party agrees with the Security Agent that it will cast its vote in any proposal put to the vote by or under the supervision of any judicial or supervisory authority in respect of any insolvency, pre-insolvency or rehabilitation or similar proceedings relating to any Group Company as instructed by the Security Agent. (b) The Security Agent shall give instructions for the purposes of paragraph (a) above as directed by the Instructing Party.
Appears in 8 contracts
Sources: Intercreditor Agreement, Intercreditor Agreement, Intercreditor Agreement
Exercise of Voting Rights. (a) Each Secured Party agrees with the Security Agent that it will cast its vote in any proposal put to the vote by or under the supervision of any judicial or supervisory authority in respect of any insolvency, pre-insolvency or rehabilitation or similar proceedings relating to any Group Company as instructed by the Security Agent.
(b) The Security Agent shall give instructions for the purposes of paragraph (a) above as directed by the Instructing Party.
Appears in 3 contracts
Sources: Intercreditor Agreement, Intercreditor Agreement, Intercreditor Agreement
Exercise of Voting Rights. Each Intra-Group ▇▇▇▇▇▇ agrees (ato the fullest extent permitted by law at the relevant time) Each Secured Party agrees with the Security Agent that it will cast its vote in any proposal put to the vote by or under the supervision of any judicial or supervisory authority in respect of any insolvency, pre-insolvency or rehabilitation or similar proceedings relating to any Debtor or member of the Group Company or any Security Grantor as instructed by the Security Agent.
(b) The Security Agent shall give instructions for the purposes of paragraph (a) above as directed by the Instructing Party.
Appears in 3 contracts
Sources: Senior Facilities Agreement (Liberty Global PLC), Senior Facilities Agreement (Liberty Global PLC), Additional Facility R Accession Deed (Liberty Global PLC)
Exercise of Voting Rights. (a) Each Secured Party agrees with the Security Agent that it will cast its vote in any proposal put to the vote by or under the supervision of any judicial or supervisory authority in respect of any insolvency, pre-insolvency or rehabilitation or similar proceedings relating to any Group Company as instructed by the Security Agent.
(b) The Security Agent shall give instructions for the purposes of paragraph (a) above as directed by the Instructing PartyParty or in accordance with the Enforcement Instructions (as the case may be).
Appears in 1 contract