Change of Status of Participant Sample Clauses

Change of Status of Participant. A Participant other than a government, the European Commission, or an intergovernmental organisation shall immediately notify the Executive Committee and the IEA Office of Legal Counsel of any significant change in its status or ownership, or of its becoming bankrupt or entering into liquidation. The Executive Committee shall determine whether any such change in status of a Participant significantly affects the interests of the other Participants. If the Executive Committee determines that it does, then, unless the Executive Committee, acting by unanimous vote, otherwise agrees:
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Change of Status of Participant. A Participant other than a government or an international organization shall without delay notify the Executive Committee of any significant change in its status or ownership or of its becoming bankrupt or entering into liquidation. The Executive Committee shall determine whether any such change in status of a Participant significantly affects the interests of the other Participants; if the Executive Committee so determines, then, (unless the Executive Committee, acting upon the unanimous decision of the other Participants, otherwise agrees):
Change of Status of Participant. A Participant other than a government, the European Commission, or an intergovernmental organisation shall notify the Executive Committee and the IEA Office of Legal Counsel of any significant change in its status or ownership, or of its becoming bankrupt or entering into liquidation. The Executive Committee shall determine whether any such change in status of a Participant significantly affects the interests of the other Participants. If the Executive Committee determines that it does, then, unless the Executive Committee, acting by unanimous vote, otherwise agrees:

Related to Change of Status of Participant

  • Change of Status Contractor shall immediately notify H-GAC, in writing, of ANY change in ownership, control, dealership/franchisee status, Motor Vehicle license status, or name. Contractor shall offer written guidance to advise H-GAC if this Agreement shall be affected in any way by such change. H-GAC shall have the right to determine whether or not such change is acceptable, and to determine what action shall be warranted, up to and including cancellation of Agreement.

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