Removal of Parties. 10.1.2 Without prejudice to any other rights or remedies open to the Partnership, the Parties may, after a two-thirds majority vote of all Parties in favour of termination, ratified and via a written notice served on the Party, terminate a Party’s membership of the Partnership, if the Party:
Removal of Parties. Without prejudice to any other rights or remedies open to the Consortium, the Performing Organisation may terminate a Party’s Agreement with the Consortium, if the Party:
Removal of Parties. A Party shall be removed automatically as a Party to this Agreement if such Party no longer has the responsibility to serve as a control area operator or balancing authority. Following such removal, the rights and obligations of such Party, then accrued or incurred, shall continue until satisfied.
Removal of Parties. Without prejudice to any other rights or remedies open to the Consortium, the Steering Group may, after a two-thirds majority vote of the full Steering Group in favour of termination, and via a written notice served on the Party, terminate a Party’s membership of the Consortium, if the Party:
Removal of Parties. This Agreement hereby acknowledges that Xxxxx XxXxx and Xxxxx Xxxxxx, who are parties to the Original Agreement, are no longer executive officers of the Company and therefore are not parties to this Agreement.
Removal of Parties a. By execution of this Amendment, the Parties hereto hereby acknowledge and agree that, effective as of July 1, 2015, Series E shall be deemed to no longer be a party to the Original Voting Agreement.
Removal of Parties. Without prejudice to any other rights or remedies open to the Consortium, the Steering Group may, after a two-thirds majority vote of the full Steering Group in favour of termination, and via a written notice served on the Partner Institution, terminate a Partner Institution’s membership of the Consortium, if the Partner Institution: is in material breach of any of the terms of this Agreement and, where the breach is capable of remedy, the Partner Institution fails to remedy such breach within 30 days’ service of a written notice specifying the breach and requiring it to be remedied; or in the opinion of a majority of the Steering Group, is incompetent, commits any act of gross or persistent misconduct and/or neglects or omits to perform any of its duties or obligations under this Agreement; or fails or refuses after written warning from the Steering Group to carry out the duties or obligations reasonably and properly required of it under this Agreement; or being a company, summons a meeting of its creditors, makes a proposal for a voluntary arrangement, becomes subject to any voluntary arrangement, is unable to pay its debts within the meaning of s.123 Insolvency Act 1986, has a receiver, manager or administrative receiver appointed over any of its assets, undertaking or income, has passed a resolution for its winding-up (save for the purpose of a voluntary reconstruction or amalgamation), is subject to a petition presented to any court for its winding-up (save for the purpose of a voluntary reconstruction or amalgamation), has a provisional liquidator appointed, has a proposal made for a scheme of arrangement under s.425 Companies Act 1985, has an administrator appointed in respect of it or is the subject of an application for administration filed at any court or a notice of appointment of an administrator filed at any court or a notice of intention to appoint an administrator given by any person or is the subject of a notice to strike off the register at Companies House; ceases to operate its business or undertaking; provides the Steering Group with any false or misleading information with regard to its ability to perform its duties or obligations under this Agreement; or has done anything which brings or might reasonably be expected to bring the Partner Institutions or the Project or the Funder into disrepute or otherwise damage other contractors, employees, agents, customers, other business associates or the general public including, but not limited t...
Removal of Parties. A party desiring to leave this Agreement shall indicate its intent in writing to the Policy Committee in the form of a governing board resolution. Such a notice must be received by the Policy Committee 30 days in advance of leaving the Agreement.
Removal of Parties. The Parties acknowledge that the Sponsor Investor and Xxxxx Xxxxxxx have no further rights under, and have ceased to be parties to, the Registration Rights Agreement. Section 3.
Removal of Parties. Without prejudice to any other rights or remedies open to the Consortium, the Project Manager may terminate a Party’s membership of the Consortium, if the Party:
