Not a Voting Trust Sample Clauses
The "Not a Voting Trust" clause clarifies that the agreement or arrangement in question does not constitute a voting trust. In practice, this means that while shares or voting rights may be subject to certain agreements or restrictions, the legal ownership and voting power remain with the original shareholders rather than being transferred to a trustee. This clause is important because it distinguishes the arrangement from a formal voting trust, which would involve the transfer of voting rights to a third party, and ensures that parties understand the limits of their rights and obligations under the agreement.
Not a Voting Trust. This Agreement is not a voting trust governed by Section 218 of the Delaware General Corporation Law and should not be interpreted as such.
Not a Voting Trust. No Proxies. None of the Shares are or will be subject to any voting trust or agreement. No person holds or has the right to receive any proxy or similar instrument with respect to the Shares. Except as provided in this Agreement, the Seller is not a party to any agreement which offers or grants to any person the right to purchase or acquire any of the Shares. There is no applicable local, state or federal law, rule, regulation, or decree which would, as a result of the sale contemplated by this Agreement, impair, restrict or delay any voting rights with respect to the Shares.
Not a Voting Trust. This Agreement is not a voting trust and should not be interpreted as such.
Not a Voting Trust. This Agreement is not a voting trust governed by Section 706(b) of the California Corporations Code and should not be interpreted as such.
Not a Voting Trust. No Proxies. None of the Company Ordinary Shares is or will be subject to any voting trust or agreement. No person holds or has the right to receive any proxy or similar instrument with respect to the Company Ordinary Shares. Except as provided in this Agreement, the Seller is not a party to any agreement which offers or grants to any person the right to purchase or acquire any of the Company Ordinary Shares. There is no applicable local, state or federal law, rule, regulation, or decree which would, as a result of the sale contemplated by this Agreement, impair, restrict or delay any voting rights with respect to the Company Ordinary Shares.
Not a Voting Trust. No Proxies. None of the Shares are or will be subject to any voting trust or agreement. No person holds or has the right to receive any proxy or similar instrument with respect to the Shares. Except as provided in this Agreement, MTN is not a party to any agreement which offers or grants to any person the right to purchase or acquire any of the Shares. There is no applicable local, state or federal law, rule, regulation, or decree which would, as a result of the sale contemplated by this Agreement, impair, restrict or delay any voting rights with respect to the Shares.
Not a Voting Trust. No Proxies. None of the Company Common Stock is or will be subject to any voting trust or agreement. No person holds or has the right to receive any proxy or similar instrument with respect to the Company Common Stock. Except as provided in this Agreement, the Seller is not a party to any agreement which offers or grants to any person the right to purchase or acquire any of the Company Common Stock. There is no applicable local, state or federal law, rule, regulation, or decree which would, as a result of the sale contemplated by this Agreement, impair, restrict or delay any voting rights with respect to the Company Common Stock.
Not a Voting Trust. NO PROXIES. None of the Common Shares are or will be subject to any voting trust or agreement. No person holds or has the right to receive any proxy or similar instrument with respect to the Common Shares. Except as provided in this Agreement, the Seller is not a party to any agreement which offers or grants to any person the right to purchase or acquire any of the Common Shares. There is no applicable local, state or federal law, rule, regulation, or decree which would, as a result of the sale contemplated by this Agreement, impair, restrict or delay any voting rights with respect to the Common Shares.
Not a Voting Trust. No Proxies. Such Seller's respective Membership Interests are not subject to any voting trust or agreement. No person holds or has the right to receive any proxy or similar instrument with respect to such Seller's Membership Interests. Except as provided in this Agreement, such Seller is not a party to any agreement which offers or grants to any person the right to purchase or acquire any of its respective Membership Interests.
Not a Voting Trust. This Agreement is not a voting trust governed by Section 607.0730 of the Florida Business Corporation Act and should not be interpreted as such.