Common use of Validity of Votes by Proxies Clause in Contracts

Validity of Votes by Proxies. Any vote by a Proxy in accordance with the relevant Voting Instruction shall be valid even if such Voting Instruction or any instruction pursuant to which it was given has been amended or revoked, provided that neither the Issuer nor the Chairman has been notified in writing of such amendment or revocation by not later than close of business two business days prior to the date fixed for the relevant Meeting. Unless the instrument appointing the relevant Proxy specifies otherwise, no appointment of a Proxy in relation to a Meeting originally convened which has been adjourned for want of a quorum shall remain in force in relation to such Meeting when it is resumed. Any person appointed to vote at such a Meeting must be reappointed under a Voting Instruction to vote at the Meeting when it is resumed.

Appears in 2 contracts

Sources: Issue and Paying Agency Agreement, Issue and Paying Agency Agreement