Common use of Election of Controlling Class Representative Clause in Contracts

Election of Controlling Class Representative. Pursuant to Section 11.1(d) of the Base Indenture, if a CCR Election results in a tie, the Manager shall have the right to direct the Trustee to appoint one of such tied CCR Candidates selected by the Manager as the Controlling Class Representative.

Appears in 4 contracts

Samples: Management Agreement, Management Agreement, Management Agreement (Wingstop Inc.)

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Election of Controlling Class Representative. Pursuant to Section 11.1(d) of the Base Indenture, if a the CCR Election Period results in a tie, the Manager shall have select the right to Controlling Class Representative from among the candidates with the highest votes and shall direct the Trustee to appoint one of such tied CCR Candidates selected by the Manager Candidate as the Controlling Class Representative.

Appears in 1 contract

Samples: Management Agreement (Iconix Brand Group, Inc.)

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Election of Controlling Class Representative. Pursuant to Section 11.1(d) of the Base Indenture, if a CCR Election results in a tie, the Manager shall have the right to direct the Trustee to appoint select one of such tied CCR Candidates selected by the Manager as the Controlling Class Representative.

Appears in 1 contract

Samples: Management Agreement (Yum Brands Inc)

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