Common use of Voting before Enforcement Clause in Contracts

Voting before Enforcement. At any time prior to the delivery to the Assignor by the Security Agent of a Voting Notice, the Assignor shall be entitled to exercise or direct the exercise of the voting and other rights attached to any Charged Share, provided that: (a) it does so for a purpose not inconsistent with any Finance Document; and (b) the exercise of or, as the case may be, the failure to exercise those rights would not affect the fundamental characteristics or have an adverse effect on the value of the relevant Charged Shares or the Security Assets II or the ability of the Security Agent to realise the Security Interests II and would not otherwise prejudice the interests of any Secured Party II under any Finance Document.

Voting before Enforcement. At any time prior to the delivery to the Assignor by the Security Agent of a Voting Notice, the Assignor shall be entitled to exercise or direct the exercise of the voting and other rights attached to any Charged Share, provided that: (a) it does so for a purpose not inconsistent with any Finance Document; and (b) the exercise of or, as the case may be, the failure to exercise those rights would not affect the fundamental characteristics or have an adverse effect on the value of the relevant Charged Shares or the Security Assets II I or the ability of the Security Agent to realise the Security Interests II I and would not otherwise prejudice the interests of any Secured Party II I under any Finance Document.