Deadlocked Matter definition

Deadlocked Matter has the meaning set forth in Section 4.2(b) hereof.
Deadlocked Matter means any matter set forth in Section 6.05(c) in respect of which the Board has been unable to reach a decision, or any matter reserved to the Shareholders at Section 6.05 (d) in respect of which the Shareholders have been unable to reach a unanimous decision.
Deadlocked Matter has the meaning set forth in Section 3.3.

Examples of Deadlocked Matter in a sentence

  • During the period of negotiation and/or mediation with respect to any Deadlocked Matter pursuant to this Section (f), the Company will continue to operate in a manner consistent with its prior practices and this Agreement until such time as such Deadlocked Matter is resolved, and the Members shall use their respective commercially reasonable efforts to continue to operate the Company in a manner consistent with its prior practices and the last approved Annual Business Plan.


More Definitions of Deadlocked Matter

Deadlocked Matter is defined in Section 9.5 (Committee Decisions).
Deadlocked Matter shall have the meaning set forth in Section 4.5.
Deadlocked Matter. Section 8.4(a)
Deadlocked Matter has the meaning set forth in Section 7(f).

Related to Deadlocked Matter