Restrictions on Voting Clause Samples

Restrictions on Voting. The Sponsor has contributed $200,000 (the “Initial Investment”) in exchange for the initial issuance of Shares of the Trust. The Sponsor or its Affiliates may not sell any of the Shares purchased with the Initial Investment while the Advisor acts in an advisory capacity to the Trust. The restrictions included above shall not apply to any Shares acquired by the Advisor or its Affiliates other than the Shares acquired through the Initial Investment. Neither the Advisor nor its Affiliates shall vote any Shares they now own, or hereafter acquires, in any vote for the election of Trustees or any vote regarding the approval or termination of any contract with the Advisor or any of its Affiliates.

Restrictions on Voting. In connection with any annual or special meeting of stockholders or any action by written consent in lieu of a stockholders meeting, the Stockholders agree to vote all of their shares of Common Stock either in favor of (or provide a written consent to) or against the action in question, as determined by the decision of a majority of the Stockholders who still own at least 20,000 shares of Common Stock. In the event of any stock dividend, stock split, combination or exchange of shares, reclassification or recapitalization of the Company’s Common Stock, or reorganization of the Company, the aggregate number and class of shares shall be adjusted to account for the foregoing event.

Restrictions on Voting. Notwithstanding anything to the contrary in the Certificate of Incorporation of the Company or under applicable law, to the extent that Purchaser holds Registrable Securities that, together with any other voting securities of the Company, result in Purchaser having voting power in excess of nine and 99/100 percent (9.99%) of all voting securities of the Company, Purchaser shall appoint one or more individuals designated by the Company as its proxy and authorize and instruct such proxy holders to vote such voting securities with such excess voting power in the same proportion as all other votes cast on any specific proposal coming before the Company’s stockholders.

Restrictions on Voting. During the Term of this Agreement, the B▇▇▇▇ Street Group agrees that all of the Voting Stock Beneficially Owned by the B▇▇▇▇ Street Group in excess of 14.99% of the Voting Stock then outstanding shall be voted by the B▇▇▇▇ Street Group either (i) in proportion to the votes cast by all holders of Voting Stock other than the B▇▇▇▇ Street Group or (ii) in accordance with the recommendation of the Board. At the Company’s request, the B▇▇▇▇ Street Group shall provide the Company with evidence of the B▇▇▇▇ Street Group’s compliance with this Section 4(a).

Restrictions on Voting. Prior to a Default Period, the Pledgor has the right, in is discretion, to vote or exercise voting rights with respect to any stock, securities or instruments forming a part of the Collateral. Notwithstanding the foregoing, the Pledgor is not to vote or exercise any voting rights, directly or indirectly, with respect to any stock, securities or instruments forming a part of the Collateral for a merger, consolidation, dissolution, sale of all or substantially all assets, or for an amendment to the Certificate of Incorporation or Bylaws without the prior written consent of Lender, which consent is not to be unreasonably withheld or delayed.

Restrictions on Voting. There are no voting trusts, proxies or other agreements or understandings with respect to the voting of the capital stock of the Globalnet Shareholder.

Restrictions on Voting. During the Agreement Period, each Stockholder hereby agrees that it will not vote any such Stockholder's Shares in favor of the approval of any other merger, consolidation, sale of assets, reorganization, recapitalization, liquidation or winding up of Big or any other extraordinary transaction involving Big or any matters related to or in connection therewith, or any corporate action relating to the consummation of which would frustrate the purposes of, or prevent or delay the consummation of, the transactions contemplated by the Merger Agreement.

Restrictions on Voting. (a) During the Restricted Period the Stockholder hereby covenants and agrees to, and to cause his Representatives and Group Members to, at any meeting of the stockholders of the Company, whether annual or special, however called, and at every adjournment or postponement thereof, and on every action or approval by written consent of the stockholders of the Company, (i) appear or otherwise cause the Shares to be counted as present thereat for purposes of calculating a quorum, and (ii) abstain, directly or indirectly, from casting or consenting with respect to, as applicable, votes in excess of the Voting Percentage Limit. (b) The Stockholder acknowledges and agrees that if he attempts to vote, or provides any Representative, Group Member or other Person with authority to vote, any Shares in excess of the Voting Percentage Limit, the Company shall not, and Stockholder hereby unconditionally and irrevocably instructs the Company to not, recognize or record such vote.

Restrictions on Voting. A Member shall not be entitled to vote, and his or her vote shall not be counted in determining the voting power of the Company, under the following circumstances: (a) If the subject of the vote is whether that Member should be declared disabled; or (b) If the subject of the vote is whether to reject an obligation incurred by that Member as being improperly incurred on behalf of the Company.