Common use of Order of Alternating Casting Votes Clause in Contracts

Order of Alternating Casting Votes. (a) In the event of any Deadlock with respect to a Key Operational Matter or Other Operational Matter, the Class A Directors and the Class B Directors shall have an alternating casting vote; provided, however, that, notwithstanding the foregoing, if any Holder remains in default in any material respect in the performance or observance of the terms and conditions of this Agreement and/or of the Conditions of Administration after a period of three (3) months following receipt of a written notification by another Holder requesting the Holder to cure such default, the directors appointed by the non-defaulting Holder shall have the exclusive right to cast the casting vote for a period of one (1) year after the date of such default.

Order of Alternating Casting Votes. (a) In the event of any Deadlock with respect to a Key Operational Matter or Other Operational Matter, the directors appointed by the Holders of the Class A Directors Certificates and the directors appointed by the Holders of the Class B Directors Certificates shall have an alternating casting vote, with the first such casting vote being cast by the directors appointed by the Holders of the Class [_] Certificates[1]; provided, however, that, notwithstanding the foregoing, if any Holder remains in shall default in any material respect in the performance or observance of the terms and conditions of this Agreement and/or of the Conditions of Administration after a period of three (3) months following receipt of a written notification by another Holder requesting the Holder to cure such defaultAgreement, the directors appointed by the non-defaulting nondefaulting Holder shall have the exclusive right to cast the casting vote for a period of one (1) year after the date of such the default.

Order of Alternating Casting Votes. (a) In the event of any Deadlock with respect to a Key Operational Matter or Other Operational Matter, the directors appointed by the Holders of the Class A Directors Certificates and the directors appointed by the Holders of the Class B Directors Certificates shall have an alternating casting vote; provided, however, that, notwithstanding the foregoing, if any Holder remains in shall CONFIDENTIAL TREATMENT REQUESTED BY ANHEUSER-XXXXX INBEV SA/NV default in any material respect in the performance or observance of the terms and conditions of this Agreement and/or of the Conditions of Administration after a period of three (3) months following receipt of a written notification by another Holder requesting the Holder to cure such defaultAgreement, the directors appointed by the non-defaulting Holder shall have the exclusive right to cast the casting vote for a period of one (1) year after the date of such the default.