Founding Parties definition
Examples of Founding Parties in a sentence
The President or his/her designate shall provide this short list to representatives of those ecclesial bodies that constitute the Founding Parties of Atlantic School of Theology and ask for their comments.
The governing bodies of the Founding Parties may, in their sole discretion, elect to appoint their respective Director(s) prior to the Effective Date, in which case such appointment(s) to the Board shall take effect on the Effective Date.
Its role is to maintain the ideals, principles and values of the EUCLID Founders and Founding Parties, in the event that any official, organ or Participating Party should attempt to commit the Institution to other values and activities.
If no notice of withdrawal (whether by e-mail, telephone or facsimile (in each case, with a confirmatory notice sent by an internationally recognized overnight courier service) is received by the Founding Parties prior to the expiration of the Withdrawal Period, McGraw Hill shall be deemed to have waived its right of withdrawal.
The Oversight Council can also be called ‘Oversight Committee’ or ‘Constitutional Council.’ Its role is to maintain the ideals, principles and values of the EUCLID Founders and Founding Parties, in the event that any official, organ or Participating Party should attempt to commit the Institution to other values and activities.
This Agreement shall enter into force thirty days (30) after the date of submitting the last written notification from the Founding Parties to the Depository State through the diplomatic channels on the completion of all the necessary legal procedures or ratification for its entry into force.
The Company, Simtek and Founders acknowledge that, subject to Simtek’s approval, the Company and Simtek may jointly seek separate funding uniquely for the Company from potential joint venture strategic or financial partners and that the percentage interest in the Company of the Founding Parties will be diluted pro rata in accordance with terms to be negotiated by the Founding Parties and any potential partners at the time of said financing.
The Depositary State shall transmit the same to the Founding Parties for their consideration.
The price shall be equal to the nominal value of the share capital of the Operating Company actually paid-up by the Founding Parties.
Any alternative solution to the mentioned special Shareholding Company, jointly owned by Telefonica and Sonera at least on a 60:40 basis respectively, 11 shall be subject to the approval by the other Founding Parties, which approval will not be unreasonably withheld or delayed.