Examples of Deadlock Resolution Period in a sentence
In the event that the matter is still not resolved at the end of the Second Deadlock Resolution Period provided under Clause 16.2, then the Parties agree that Investor, being the minority shareholder shall have the right to require to buy Investor Shares in the Company if so desired by the Investor.
The Electing Members will agree upon the identity of a mediator within ten days of the end of the Deadlock Resolution Period.
For a period of twenty (20) Business Days from the expiration of the Deadlock Resolution Period, Grab shall have the right (but not the obligation) to require [***] (or the SPV, upon completion of the Equity Restructuring and accession of the SPV into this Agreement), by written notice, to sell to Grab (or its assignee or designee in accordance with Section 7.3 all Shares legally of beneficially owned by [***] or the SPV and their nominees (as the case maybe).
For a period of twenty (20) Business Days from the expiration of the Deadlock Resolution Period, Grab shall have the right (but not the obligation) to require Xx. Xxxxxxx (or the SPV, upon completion of the Equity Restructuring and accession of the SPV into this Agreement), by written notice, to sell to Grab (or its assignee or designee in accordance with Section 7.3 all Shares legally of beneficially owned by Xx. Xxxxxxx or the SPV and their nominees (as the case maybe).
If a “Deadlock” is not resolved within the First Deadlock Resolution Period also, the matter shall be referred to the second nominee identified by and the second nominee identified by Investor on behalf of the Investor with a view to resolve the Deadlock matter to resolve the Deadlock within a period of fifteen (15) business days from being referred to it (“Second Deadlock Resolution Period”).
If a “Deadlock” is not resolved within the First Deadlock Resolution Period also, the matter shall be referred to the second nominee identified by and the second nominee identified by Xxxxxxxx on behalf of the Investor with a view to resolve the Deadlock matter to resolve the Deadlock within a period of fifteen (15) business days from being referred to it (“Second Deadlock Resolution Period”).