Enforceable by the Conflicts Committee Sample Clauses
The "Enforceable by the Conflicts Committee" clause establishes that the Conflicts Committee has the authority to enforce specific provisions or obligations within the agreement. In practice, this means that if a dispute or issue arises regarding conflicts of interest or related matters, the Conflicts Committee can take action to ensure compliance, such as initiating proceedings or demanding corrective measures. This clause is essential for providing an independent mechanism to address and resolve conflicts, thereby promoting fairness and transparency in the administration of the agreement.
Enforceable by the Conflicts Committee. All of the Company’s and Amneal Pharmaceuticals LLC’s rights under this Agreement and the other Transaction Documents may be enforced by the Conflicts Committee; provided that nothing in this Agreement shall require the Conflicts Committee to act on behalf of, or enforce any rights of, the Company or Amneal Pharmaceuticals LLC. Any recovery in connection with an Action brought by the Conflicts Committee hereunder or thereunder shall be for the proportionate benefit of all Other Stockholders. [The remainder of this page has been intentionally left blank;
Enforceable by the Conflicts Committee. All of the Company’s and Newco LLC’s rights under this Agreement and the other Transaction Documents may be enforced by the Conflicts Committee; provided that nothing in this Agreement shall require the Conflicts Committee to act on behalf of, or enforce any rights of, the Company or Newco LLC. Any recovery in connection with an Action brought by the Conflicts Committee hereunder or thereunder shall be for the proportionate benefit of all Other Stockholders.
Enforceable by the Conflicts Committee. All of the Company’s and Newco LLC’s rights under this Agreement and the other Transaction Documents may be enforced by the Conflicts Committee; provided that nothing in this Agreement shall require the Conflicts Committee to act on behalf of, or enforce any rights of, the Company or Newco LLC. Any recovery in connection with an Action brought by the Conflicts Committee hereunder or thereunder shall be for the proportionate benefit of all Other Stockholders. [The remainder of this page has been intentionally left blank; the next page is the signature page.]