Examples of Conflict Notice in a sentence
Upon receipt of the Conflict Notice, the Competing Class shall enter into good faith negotiations with the Non-Competing Class to resolve any or all substantial conflicts of interest resulting from the ownership of businesses competing with the businesses of the Company.
If a majority in interest of the Members of one class (the "Non-Competing Class") concludes in good faith that the Company is no longer the primary vehicle by which the Members of the other class (together with its Affiliates) (the "Competing Class") is engaged in the Chemicals Business, then the Non-Competing Class shall have the right to send written notice of such good faith conclusion ("Conflict Notice") to the Competing Class.
The Conflict Notice shall always be sent by the interested party to the party(ies) involved in the Conflict with a copy to all other Shareholders.
Cousins and TRST shall discuss such determination in good faith, and in the event that they are unable to agree upon a resolution to such potential conflict within thirty (30) days after receipt of the Conflict Notice, then TRST shall have the right to require that Cousins cease providing leasing services for that Investment, effective sixty (60) days after receipt of the Conflict Notice.
For those Utilities where a conflict is anticipated, Consultant shall provide a Conflict Notice (first notice per OAR 734-055-045).
Such member of the Board of Directors shall endeavor best efforts for such notice to occur prior to any Previous Meetings having as an agenda item any resolution regarding the financial statements, management report and/or Executive Board’s accounts subject to the Conflict Notice.
For the sake of clarity, any Director that did not send a Conflict Notice may not vote in an independent manner in the applicable meeting of the Board of Directors pursuant to this Section 5.4.
Consultant shall use the Conflict Notice letter located at: https://www.oregon.gov/ODOT/ROW/Pages/Utility-Forms.aspx (under “Local Public Agency Resources” heading).
For those Utilities where a conflict is anticipated, Consultant shall provide a Conflict Notice (first notice per OAR 734‑055‑045).
Either AT&T or the Company may give notice (a "Conflict Notice") to the other parties hereto, if it becomes aware of the existence of a Conflict or enters into an agreement that would give rise to a Conflict, or reasonably believes that a Conflict is likely to occur as a result of pending transactions or other proposed actions, which notice shall describe the Conflict in reasonable detail.