Common use of Delivery Vehicle Parties Clause in Contracts

Delivery Vehicle Parties. 12.10.1 Subject to Clause 12.10.2, the provisions of this Clause 12 shall apply mutatis mutandis to each Delivery Vehicle Party, provided that references in this Clause 12 to the Delivery Vehicle shall be construed as being references to such Delivery Vehicle Party, references to Board shall be construed as being references to the board of such Delivery Vehicle Party; and references to the Delivery Vehicle Business shall be construed as being references to the business of such Delivery Vehicle Party. 12.10.2 For the avoidance of doubt, any reference to a Member in this Clause 12 (insofar as it applies to a Delivery Vehicle Party) shall continue to be a reference to such Member, and shall not be construed as a reference to the members of such Delivery Vehicle Party. As set out in the Consent Matters decisions of Members are taken by the Members regardless of whether the relevant decision is to be made by or on behalf of Delivery Vehicle or any other Delivery Vehicle Party. 12.10.3 In relation to any nominee company, where there is any inconsistency or conflict between the terms of this Clause 12 and a nominee company's articles of association, this Clause 12 shall take precedence.

Appears in 1 contract

Samples: Members' Agreement

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Delivery Vehicle Parties. 12.10.1 Subject to Clause 12.10.2, the 10.4.1 The provisions of this Clause 12 10 shall apply mutatis mutandis to each Delivery Vehicle Party, provided that references in this Clause 12 10 to the Delivery Vehicle shall be construed as being references to such Delivery Vehicle Party, ; references to Board shall be construed as being references to the a board of nominees of such Delivery Vehicle Party; and references to the Delivery Vehicle Business Nominees shall be construed as being references to nominees on the business board of such Delivery Vehicle Party. 12.10.2 10.4.2 For the avoidance of doubt, any reference to a Member in this Clause 12 10 (insofar as it applies to a Delivery Vehicle Party) shall continue to be a reference to such Member, and shall not be construed as a reference to the members of such Delivery Vehicle Party. As set out in the Consent Matters decisions of Members are taken by the Members regardless of whether the relevant decision is to be made by or on behalf of Delivery Vehicle or any other Delivery Vehicle Party. 12.10.3 10.4.3 In relation to any nominee company, any reference to a Nominee in this Clause shall be construed as a reference to a Director, and where there is any inconsistency or conflict between the terms of this Clause 12 10 and a nominee company's articles of association, this Clause 12 10 shall take precedence.

Appears in 1 contract

Samples: Members' Agreement

Delivery Vehicle Parties. 12.10.1 Subject to Clause 12.10.2, the 8.4.1 The provisions of this Clause 12 8 shall apply mutatis mutandis to each Delivery Vehicle Party, provided that references in this Clause 12 8 to the Delivery Vehicle shall be construed as being references to such Delivery Vehicle Party, ; references to Board shall be construed as being references to the a board of nominees of such Delivery Vehicle Party; and references to the Delivery Vehicle Business Nominees shall be construed as being references to nominees on the business board of such Delivery Vehicle Party. 12.10.2 8.4.2 For the avoidance of doubt, any reference to a Member in this Clause 12 8 (insofar as it applies to a Delivery Vehicle Party) shall continue to be a reference to such Member, and shall not be construed as a reference to the members of such Delivery Vehicle Party. As set out in the Consent Matters decisions of Members are taken by the Members regardless of whether the relevant decision is to be made by or on behalf of Delivery Vehicle or any other Delivery Vehicle Party. 12.10.3 8.4.3 In relation to any nominee company, any reference to a Nominee in this Clause 8 shall be construed as a reference to a Director, and where there is any inconsistency or conflict between the terms of this Clause 12 8 and a nominee company's ’s articles of association, this Clause 12 8 shall take precedence.

Appears in 1 contract

Samples: Members’ Agreement

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Delivery Vehicle Parties. 12.10.1 Subject to Clause 12.10.2, the 7.3.1 The provisions of this Clause 12 7 shall apply mutatis mutandis to each Delivery Vehicle Party, provided that references in this Clause 12 7 to the Delivery Vehicle shall be construed as being references to such Delivery Vehicle Party, ; references to Board shall be construed as being references to the a board of nominees of such Delivery Vehicle Party; and references to the Delivery Vehicle Business Nominees shall be construed as being references to the business nominees on the board of such Delivery Vehicle Party or, where applicable, as being references to directors on the board of a nominee company. 7.3.2 The Parties shall procure that the Council Nominees and the Nominee Company Nominees on the Board from time to time shall also be nominees or directors (as applicable) on the board of each Delivery Vehicle Party. 12.10.2 7.3.3 For the avoidance of doubt, any reference to a Member in this Clause 12 7 (insofar as it applies to a an Delivery Vehicle Party) shall continue to be a reference to such Member, and shall not be construed as a reference to the members of such Delivery Vehicle Party. As set out in the Consent Matters decisions of Members are taken by the Members regardless of whether the relevant decision is to be made by or on behalf of Delivery Vehicle or any other Delivery Vehicle Party. 12.10.3 7.3.4 In relation to any nominee company, where there is any inconsistency or conflict between the terms of this Clause 12 7 and a nominee company's articles of association, this Clause 12 7 shall take precedence.

Appears in 1 contract

Samples: Members' Agreement

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