Examples of Conflict Matter in a sentence
Each of the Debtors, including, in the case of any Conflict Matter between any Debtors, each Debtor acting at the direction of its respective Disinterested Director or Manager and without the consent of any other Debtor, further reserves the right to revoke or withdraw the Plan after the Confirmation Date without regard to section 1144 of the Bankruptcy Code.
Except as otherwise specifically provided in the Plan, each of the Debtors, including, in the case of any Conflict Matter between any Debtors, each Debtor acting at the direction of its respective Disinterested Director or Manager and without the consent of any other Debtor, reserves the right to modify the Plan, whether such modification is material or immaterial, and to seek Confirmation consistent with the Bankruptcy Code.
The Conflict Matter shall be referred to the Escalation Committee where the CEO:s of the Parties shall act in the reasonable best interest of the JV Group as well as each Party’s purpose with its investment in the JV Group (as set out in herein), and negotiate with sound business judgement (taking the JV Group’s interests into account) in order to agree how the JV Group shall proceed.
In case the Conflict Matter at hand becomes a matter that must be resolved upon according to mandatory applicable law or contractual obligations of the JV Group in relation to a third party or where it would otherwise jeopardize the existence of the JV Group, Clause 5.7.2 shall apply mutatis mutandis.
Notwithstanding the foregoing, no agreement or other conflict of interest between a Ranger IPO Entity, on the one hand, and, on the other hand, any Person other than the Company and any of its subsidiaries that is not also a Ranger IPO Entity, shall constitute an Affiliate Contract or a Conflict Matter.