Examples of Consent Right in a sentence
In each instance under this Agreement where Pfizer’s consent, approval, permission, acquiescence or other form of acceptance is required (“Pfizer Consent Right”), it shall be read and understood to mean that Pfizer may withhold such Pfizer Consent Right at its sole and absolute discretion unless a contrary standard is expressly stated therein with respect to such Pfizer Consent Right.
Company Consent Right to Waiver of Liberty Conversion Obligations in Stockholders Agreement 20 Section 7.04.
If, pursuant to Sections 6.2(a) or 6.2(b) of the Stockholders Agreement (without giving effect to any amendment, waiver or modification of the Stockholders Agreement following the execution thereof that is not approved by a Special Committee), Xx. Xxxxxx has ceased to be entitled to exercise his rights under the Stockholders Agreement, the Waiver Consent Right will terminate and no such consent will thereafter be required in connection with Liberty’s Transfer of shares of Company Class B Stock.
The express written consent of Consent Right Holders holding a majority of that number of shares of Class B Common Stock held in the aggregate by all Consent Right Holders shall be required for the taking of any Fundamental Action.
The Reorganized Debtors also may settle any Cure Costs (with the reasonable consent of the Required RSA Parties, and unless the Creditors’ Committee is dissolved, after satisfying the Committee Consent Right) without any further notice to or action, order, or approval of the Bankruptcy Court.
The Confirmation Order shall constitute a judicial determination and shall provide that each term and provision of the Plan, as it may have been altered or interpreted in accordance with the foregoing, is: (1) valid and enforceable pursuant to its terms; (2) integral to the Plan and may not be deleted or modified without the consent of the Debtors, the Required RSA Parties, and without satisfying the Committee Consent Right; and (3) non-severable and mutually dependent.
By the close of business on the sixth Business Day following receipt of such Stockholder's notice and prior to taking any such action, the Company shall provide such Stockholder with a notice that indicates whether the Company reasonably believes in good faith that such action would trigger an Article III Consent Right and with all information reasonably relevant and necessary to determine whether an Article III Consent Right will be triggered by such action.
The Company shall also provide such Stockholders with all information reasonably relevant and necessary to determine whether an Article III Consent Right will be triggered by such action.
If either SPE or USI disagrees with the Company's conclusion and reasonably believes in good faith that such Stockholder has an Article III Consent Right in connection with such action, such Stockholder shall provide the Company with written notice of its disagreement by the close of business on the sixth Business Day following receipt of the Company's notice.
Along with their proposed adjustments to Targeted EBITDA, the Company and each Stockholder who then has an Article III Consent Right may submit to the accounting firm such written memoranda, arguments, briefs and other evidence in support of their respective adjustments as they see fit, copies of which shall also be provided to the other parties hereto.