Rights Suspended Sample Clauses

Rights Suspended. Each Guaranteeing Subsidiary shall in respect of any sums paid by it, and in respect of any other rights which may accrue howsoever to it in respect of any sum so paid, rank and be entitled to enforce the same only after the Deposits shall have been duly paid and satisfied.

Rights Suspended the rights attaching to the Key Person's Shares (including dividend and distribution rights in relation to the Shares, and the rights to attend and vote at general meetings of Shareholders and to receive information and documents) are suspended until those Shares have been acquired by the Company or as directed by the Company.

Rights Suspended. (a) If there is a Defaulting Shareholder, then (despite any provision of this Agreement, the Constitutional Documents or Applicable Law) from the date of the Default Notice until the earlier of (A) the Defaulting Shareholder curing its default, (B) if applicable, the Non-Defaulting Shareholders providing a Shortfall Loan for the full amount of the Funding Default, and (C) the Buyers having completed the purchase of the Defaulting Shareholder's Interest under Section 8.4 (the "Default Period"), the Defaulting Shareholder has no right, in respect of any Group Company, to: (i) call or attend Shareholder, Board or subcommittee meetings; (ii) vote on any matter coming before the Shareholders, the Board or any subcommittee; (iii) have access to any data or information relating to any operations, including pursuant to Section 5.5, and including any draft Annual Business Plan and Budget under Article 5; (iv) dispute or participate in the determination of the Conversion Price under Section 6.9; (v) purchase a Shortfall Loan under Section 6.10; (vi) be paid its Deferred Balance under Section 7.2(b); (vii) consent to or reject any Transfer or otherwise exercise any other rights with respect to Transfers or a Change in Control under Article 9; (viii) take assignment of any portion of another Shareholder's Interest, exercise a ROFR Option under Section 9.5, send a Drag-Along Notice under Section 9.6 or accept an Offer to tag-along under Sections 9.5 and 9.7; (ix) be offered or issued any further Common Shares; (x) nominate an observer to the Board under Section 4.1(c) or exercise any of the rights given to an observer hereunder; (xi) provide additional Required Funding or Shortfall Funding; or (xii) except in a liquidation of the Company, receive any interest, dividend or other payment from the Company including any Regular Distribution. (b) During the Default Period, the Defaulting Shareholder may not Transfer all or part of its Interest, except to Non-Defaulting Shareholders under Section 8.4. (c) Despite any other provisions in this Agreement, the Constitutional Documents or Applicable Law, during the Default Period: (i) the Defaulting Shareholder shall immediately remove its nominees under Section 4.1(d) and the Non-Defaulting Shareholders shall redetermine their nomination rights under Section 4.1(d) with each Non-Defaulting Shareholder having a deemed Percentage Interest equal to the ratio such Non-Defaulting Shareholder's Percentage Interest bears to the total P...

Rights Suspended. The provisions of Subclauses 5.01 and 5.03 shall be suspended where the Grantor is drilling a well to obtain information to assist it in bidding for lands posted for sale by any governmental authority, until such sale is completed.

Rights Suspended the voting rights attaching to the Founder's Shares (including the rights to attend and vote at general meetings of Shareholders) and its shareholder rights to receive information and documents are suspended until those Shares have been acquired by the Company or as directed by the Company.