Examples of Blackstone Group in a sentence
Any vacancy occurring with respect to the position of a Blackstone Director or a Panchshil Director, by reason of death, disqualification, resignation, retirement, removal, inability to act or any other reason (including if such Director is disqualified by Law to continue to hold such position), shall be filled only by another nominee specified by Blackstone Group or Panchshil Group, as applicable, subject to Clause 10.4.
Nothing in this Agreement shall oblige Blackstone Group to terminate this Agreement in the situations described in Clause 20.2 (Termination).
In the event that such Relevant Representative is again absent at such adjourned meeting and also does not waive his or her presence in writing for the purpose of constituting quorum, even after being properly notified, it shall be deemed that Blackstone Group or Panchshil Group (as the case may be) have waived its or their presence for the same and, the Shareholders present at such adjourned meeting shall constitute a quorum subject to quorum under the Act being present.
Notwithstanding anything contained anywhere in this Agreement, subject to Clause 4.1.9 (Transfer of Securities), on and from the occurrence of an Exit Default, the Blackstone Group and Panchshil Group shall be entitled to Transfer up to all of the Securities held by each of them to any Person subject to compliance with Clause 4 (Transfer of Securities) (including Clause 4.1.7), Clause 7.3 (Right of First Offer), Clause 7.4 (Tag Along Right) and Clause 7.5 (Control Drag Along).
Unless Blackstone Group and Panchshil Group agree in writing, no matter other than the matters set forth in the agenda circulated to the Shareholders prior to a General Meeting shall be passed at any General Meeting.