Common use of Veto rights Clause in Contracts

Veto rights. 6.3.4.1 A Member who can show that its own work, time for performance, costs, liabilities, intellectual property rights or other legitimate interests would be severely affected by a decision of General Assembly may exercise a veto with respect to the corresponding decision or relevant part of the decision. 6.3.4.2 When the decision is foreseen on the original agenda, a Member may veto such a decision during the meeting only. 6.3.4.3 When a decision has been taken on a new item added to the agenda before or during the meeting, a Member may veto such decision during the meeting and within 15 calender days after the draft minutes of the meeting are sent. 6.3.4.4 When a decision has been taken without a meeting, a Member may veto such decision within 15 calendar days after written notification by the Co-ordinator. 6.3.4.5 In case of exercise of veto, the Members shall make every effort to resolve the matter that occasioned the veto to the general satisfaction of all Members. 6.3.4.6 A Party may neither veto decisions relating to its identification to be in breach of its obligations nor to its identification as a Defaulting Party. The Defaulting Party may not veto decisions relating to its participation and termination in the consortium or the consequences of them. 6.3.4.7 A Party requesting to leave the consortium may not veto decisions relating thereto.

Appears in 4 contracts

Samples: Consortium Agreement, Consortium Agreement, Consortium Agreement

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Veto rights. 6.3.4.1 A Member who which can show that its own work, time for performance, costs, liabilities, intellectual property rights or other legitimate interests would be severely affected by a decision of the General Assembly may exercise a veto with respect to the corresponding decision or relevant part of the decision. 6.3.4.2 When the decision is foreseen on the original agenda, a Member may veto such a decision during the meeting only. 6.3.4.3 When a decision has been taken on a new item added to the agenda before or during the meeting, a Member may veto such decision during the meeting and within 15 calender calendar days after the draft minutes of the meeting are sent. 6.3.4.4 When a decision has been taken without a meeting, meeting a Member may veto such decision within 15 calendar days after written notification by the Co-ordinatorchairperson of the outcome of the vote. . 6.3.4.5 In case of exercise of veto, the Members shall make every effort to resolve the matter that which occasioned the veto to the general satisfaction of all Members. 6.3.4.6 A Party may neither veto decisions relating to its identification to be in breach of its obligations nor to its identification as a Defaulting Party. The Defaulting Party may not veto decisions relating to its participation and termination in the consortium or the consequences of them. 6.3.4.7 A Party requesting to leave the consortium may not veto decisions relating thereto. "Own work" covers the work under the responsibility of the Member. This can include tasks to be fulfilled by Linked Third Parties. The alleged Defaulting Party may vote but may not exercise its veto right.

Appears in 2 contracts

Samples: Consortium Agreement, Consortium Agreement

Veto rights. 6.3.4.1 A Member who which can show that its own work, time for performance, costs, liabilities, intellectual property rights or other legitimate interests would be severely affected by a decision of General Assembly the Consortium Board may exercise a veto with respect to the corresponding decision or relevant part of the decision. 6.3.4.2 When the decision is foreseen on the original agenda, a Member may veto such a decision during the meeting only. 6.3.4.3 When a decision has been taken on a new item added to the agenda before or during the meeting, a Member may veto such decision during the meeting and within 15 calender calendar days after the draft minutes of the meeting are sent. 6.3.4.4 When a decision has been taken without a meeting, meeting a Member may veto such decision within 15 calendar days after written notification by the Co-ordinatorchairperson of the outcome if the vote. 6.3.4.5 In case of exercise of veto, the Members shall make every effort to resolve the matter that which occasioned the veto to the general satisfaction of all Members. 6.3.4.6 A Party may neither veto decisions relating to its identification to be in breach of its obligations nor to its identification as a Defaulting Party. The Defaulting Party may not veto decisions relating to its participation and termination in the consortium or the consequences of them. 6.3.4.7 A Party requesting to leave the consortium may not veto decisions relating thereto.

Appears in 1 contract

Samples: Consortium Agreement

Veto rights. 6.3.4.1 A Member who which can show that its own work, time for performance, costs, liabilities, intellectual property rights or other legitimate interests would be severely affected by a decision of the General Assembly may exercise a veto with respect to the corresponding decision or relevant part of the decision. 6.3.4.2 When the decision is foreseen on the original agenda, a Member may veto such a decision during the meeting only. When the decision is proposed to be taken in writing under Section 6.3.2.6, a Member may veto the decision by written notice to the chairperson within 15 days of receiving the written document with the proposed resolution. 6.3.4.3 When a decision has been taken on a new item added to the agenda before or during the meeting, a Member may veto such decision during the meeting and within 15 calender days after the draft minutes of the meeting are sent. 6.3.4.4 When a decision has been taken without a meeting, a Member may veto such decision within 15 calendar days after written notification by the Co-ordinator. 6.3.4.5 In case of exercise of veto, the Members shall make every effort to resolve the matter that which occasioned the veto to the general satisfaction of all Members. 6.3.4.6 6.3.4.5 A Party may neither not veto decisions relating to its identification to be in breach of its obligations nor to its identification as a Defaulting Party. The Defaulting Party may not veto decisions relating to its participation and termination in the consortium or the consequences of them. 6.3.4.7 6.3.4.6 A Party requesting to leave the consortium may not veto decisions relating thereto.

Appears in 1 contract

Samples: Consortium Agreement

Veto rights. 6.3.4.1 A Member who which can show that its own work, time for performance, costs, liabilities, intellectual property rights or other legitimate interests would be severely affected by a decision of General Assembly the Project Steering Committee may exercise a veto with respect to the corresponding decision or relevant part of the decision. 6.3.4.2 When the decision is foreseen on the original agenda, a Member may veto such a decision during the meeting only. 6.3.4.3 When a decision has been taken on a new item added to the agenda before or during the meeting, a Member may veto such decision during the meeting and within 15 calender calendar days after the draft minutes of the meeting are sent. 6.3.4.4 When a decision has been taken without a meeting, meeting a Member may veto such decision within 15 calendar days after written notification by the Co-ordinatorchairperson of the outcome of the vote. 6.3.4.5 In case of exercise of veto, the Members shall make every effort to resolve the matter that which occasioned the veto to the general satisfaction of all Members. 6.3.4.6 A Party may neither veto decisions relating to its identification to be in breach of its obligations nor to its identification as a Defaulting Party. The Defaulting Party may not veto decisions relating to its participation and termination in the consortium or the consequences of them. 6.3.4.7 A Party requesting to leave the consortium may not veto decisions relating thereto.

Appears in 1 contract

Samples: Consortium Agreement

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Veto rights. 6.3.4.1 A Member who which can show that its own work, time for performance, costs, liabilities, intellectual property rights or other legitimate interests would be severely affected by a decision of General Assembly may exercise a veto with respect to the corresponding decision or relevant part of the decision. 6.3.4.2 When the decision is foreseen on the original agenda, a Member may veto such a decision during the meeting only. 6.3.4.3 When a decision has been taken on a new item added to the agenda before or during the meeting, a Member may veto such decision during the meeting and within 15 calender days after the draft minutes of the meeting are sent. 6.3.4.4 When a decision has been taken without a meeting, meeting a Member may veto such decision within 15 calendar days after written notification by the Co-ordinatorProject Manager of the outcome if the vote. 6.3.4.5 In case of exercise of veto, the Members shall make every effort to resolve the matter that which occasioned the veto to the general satisfaction of all Members. 6.3.4.6 A Party may neither veto decisions relating to its identification to be in breach of its obligations nor to its identification as a Defaulting Party. The Defaulting Party may not veto decisions relating to its participation and termination in the consortium or the consequences of them. 6.3.4.7 A Party requesting to leave the consortium may not veto decisions relating thereto.

Appears in 1 contract

Samples: Consortium Agreement

Veto rights. 6.3.4.1 A Member who which can show that its own work, time for performance, costs, liabilities, intellectual property rights or other legitimate interests would be severely affected by a decision of General Assembly the Management Board may exercise a veto with respect to the corresponding decision or relevant part of the decision. 6.3.4.2 When the decision is foreseen on the original agenda, a Member may veto such a decision during the meeting only. 6.3.4.3 When a decision has been taken on a new item added to the agenda before or during the meeting, a Member may veto such decision during the meeting and within 15 calender calendar days after the draft minutes of the meeting are sent. 6.3.4.4 When a decision has been taken without a meeting, meeting a Member may veto such decision within 15 calendar days after written notification by the Co-ordinatorchairperson of the outcome if the vote. 6.3.4.5 In case of exercise of veto, the Members shall make every effort to resolve the matter that which occasioned the veto to the general satisfaction of all Members. 6.3.4.6 . A Party may neither veto decisions relating to its identification to be in breach of its obligations nor to its identification as a Defaulting Party. The Defaulting Party may not veto decisions relating to its participation and termination in the consortium or the consequences of them. 6.3.4.7 . A Party requesting to leave the consortium may not veto decisions relating thereto.. 10 / 38

Appears in 1 contract

Samples: Consortium Agreement

Veto rights. 6.3.4.1 6.2.4.1 A Member who which can show that its own work, time for performance, costs, liabilities, intellectual property rights or other legitimate interests would be severely affected by a decision of General Assembly a Consortium Body may exercise a veto with respect to the corresponding decision or relevant part of the decision. 6.3.4.2 6.2.4.2 When the decision is foreseen on the original agenda, a Member may veto such a decision during the meeting only. 6.3.4.3 6.2.4.3 When a decision has been taken on a new item added to the agenda before or during the meeting, a Member may veto such decision during the meeting and within 15 calender 14 calendar days after the draft minutes of the meeting are sent. 6.3.4.4 6.2.4.4 When a decision has been taken without a meeting, meeting a Member may veto such decision within 15 calendar c alendar days after written notification by the Co-ordinatorchairperson of the outcome of the vote. 6.3.4.5 6.2.4.5 In case of exercise of veto, the Members of the related Consortium Body shall make every effort to resolve the matter that which occasioned the veto to the general satisfaction of all its Members. 6.3.4.6 6.2.4.6 A Party may neither not veto decisions relating to its identification to be in breach of its obligations nor to its identification as a Defaulting Party. The Defaulting Party may not veto decisions relating to its participation and termination in the consortium or the consequences of them. 6.3.4.7 6.2.4.7 A Party requesting to leave the consortium may not veto decisions relating thereto.

Appears in 1 contract

Samples: Consortium Agreement

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