Change of Participant. Named Participant in this agreement cannot be changed without prior notification and approval of the MLS, and only within the parameters allowed by the Rules and Regulations. Such approval is conditioned on completion of proper forms and new Participant meeting all requirements of NWWMLS Bylaws.
Change of Participant. The named Participant in this agreement cannot be changed without prior notification and approval of the WCIE, and only within the parameters allowed by the Rules and Regulations. Such approval is conditioned on completion of proper forms (to be provided by WCIE), the new Participant meeting all requirements of RANW-WCIE Bylaws and WCIE Rules and Regulations, and approval of the Board of Directors of RANW.
Change of Participant. 1. If you receive a Participant Change Notice from IBA and the Participant Change Notice was received at least 20 Business Days prior to the date proposed in the Participant Change Notice for the change of Participant, you are under no obligation to agree to the change of participant, and may choose to do any of the things set out at 4.19(i) or (ii):
Change of Participant. Subject to clause 17.2(c), the Lead Participant may, acting reasonably, elect to remove from the Project another Participant by providing written notice to that Participant, with a copy to all other Participants and the Commonwealth. A change of Participant is subject to the Lead Participant gaining the Commonwealth’s approval under clause 8 of Schedule 1 of the Grant Agreement. The Lead Participant may remove a Participant from the Project with immediate effect by written notice to that Participant, if: the Participant breaches any provision of this Agreement and fails to remedy the breach within 14 days after receiving notice requiring it to do so; the Participant breaches a provision of this Agreement which is not capable of remedy; the Participant persistently breaches a provision of this Agreement despite notice of the breach; in the reasonable opinion of the Lead Participant, the Participant is not conducting the Project in a competent and diligent manner; the Participant fails to notify the Lead Participant of a conflict of interest, or in the opinion of the Lead Participant, a conflict of interest exists which would prevent the Participant from performing its obligations under this Agreement; the Lead Participant is unable to obtain Contributions from the Participant in accordance with Schedule 3, or obtain them in time to provide for the Project outcomes, activities or Milestones as outlined in Schedule 2; the Participant does not comply with a Commonwealth direction, requiring the Participant to comply with any obligation owed to the Commonwealth under this Agreement; or an event specified in clause 17.2(d) occurs. The Participant must notify the Lead Participant immediately if: there is any change in the direct or indirect beneficial ownership or control of the Participant; the Participant disposes of the whole or any part of its assets, operations or business other than in the ordinary course of business; the Participant ceases to carry on business; the Participant ceases to be able to pay its debts as they become due; proceedings are initiated with a view to obtaining an order for the winding up of the Participant, or any person convenes a meeting for the purpose of considering or passing any resolution for the winding up of the Participant; the Participant applies to come under, the Participant receives a notice requiring it to show cause why it should not come under, an order has been made for the purpose of placing the Participant under, or...
