Common use of Exclusion of a Party Clause in Contracts

Exclusion of a Party. The exclusion of a Party may be decided by the Assembly by unanimous vote minus the vote of the concerned Party and pursuant to the terms set forth in the Grant Agreement in the case of the substantial breach of the obligations under this Agreement. The exclusion of a Party has the same consequences as a withdrawal.

Appears in 3 contracts

Samples: Start Up Agreement, Start Up Agreement, Clarin Service Provider Federation Start Up Agreement

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Exclusion of a Party. The exclusion of a Party may be decided by the Assembly by unanimous vote minus the vote of the concerned Party and pursuant to the terms set forth in the Grant Agreement in the case of the substantial breach of the obligations under this Agreement. The exclusion of a Party has the same consequences as a withdrawal.

Appears in 2 contracts

Samples: Federation Agreement, Federation Agreement

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