Common use of Immediate Consequences Clause in Contracts

Immediate Consequences. From the date the default notice is given by Paltar until the time all defaults under clause 7.1 have been remedied, Nation shall have no right to: (i) call or attend Operating Committee or subcommittee meetings; (ii) vote on any matter coming before the Operating Committee or any subcommittee; or (iii) access any data or information relating to any operations under this Agreement. Any matter which is to be decided by Nation alone under this Agreement shall instead be decided by Paltar.

Immediate Consequences. From the date the default notice is given by Paltar until the time all defaults under clause Clause 7.1 have been remedied, Nation shall have no right to: (i) call or attend Operating Committee or subcommittee meetings; (ii) vote on any matter coming before the Operating Committee or any subcommittee; or (iii) access any data or information relating to any operations under this Agreement. Any matter which is to be decided by Nation alone under this Agreement shall instead be decided by Paltar.