Cellular Chairmen Deadlocks. (a) If, after (i) the holding of good faith negotiations and (ii) discussions between the Shareholders or the Directors (as the case may be) in at least 2 (two) different meetings of the corresponding corporate body of the Company, any resolution to be passed or approval to be given by the Shareholders, or any resolution to be passed or proposal to be made by the Board of Directors (as the case may be) constituting a Cellular Chairmen Issue (as defined below), results in a deadlock (a “Cellular Chairmen Deadlock”), which deadlock shall also be considered to occur if the Shareholders Meeting or the Board of Directors cannot take place due to the absence of a quorum, then, at the request of any Shareholder, the Shareholders shall observe the following procedure to resolve such Cellular Chairmen Deadlock (the “Deadlock Resolution Procedure”):
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Samples: Shareholders Agreement (Telefonica Mobile Inc), Shareholders Agreement (Telefonica S A), Shareholders Agreement (Telefonica S A)
Cellular Chairmen Deadlocks. (a) If, after (i) the holding of good faith negotiations and (ii) discussions between the Shareholders or the Directors (as the case may be) in at least 2 (two) different meetings of the corresponding corporate body of the Company, any resolution to be passed or approval to be given by the Shareholders, or any resolution to be passed or proposal to be made by the Board of Directors (as the case may be) constituting a Cellular Chairmen Issue (as defined below), results in a deadlock (a “"Cellular Chairmen Deadlock”"), which deadlock shall also be considered to occur if the Shareholders Meeting or the Board of Directors cannot take place due to the absence of a quorum, then, at the request of any Shareholder, the Shareholders shall observe the following procedure to resolve such Cellular Chairmen Deadlock (the “"Deadlock Resolution Procedure”"):
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Cellular Chairmen Deadlocks. (a) If, after (i) the holding of good faith negotiations and (ii) discussions between the Shareholders or the Directors (as the case may be) in at least 2 (two) different meetings of the corresponding corporate body of the Company, any resolution to be passed or approval to be given by the Shareholders, or any resolution to be passed or proposal to be made by the Supervisory Board of Directors or the Managing Board (as the case may be) constituting a Cellular Chairmen Issue (as defined below), results in a deadlock (a “Cellular Chairmen Deadlock”), which deadlock shall also be considered to occur if the Shareholders Meeting Meeting, the Supervisory Board or the Managing Board of Directors cannot take place due to the absence of a quorum, then, at the request of any Shareholder, the Shareholders shall observe the following procedure to resolve such Cellular Chairmen Deadlock (the “Deadlock Resolution Procedure”):
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