POWER TO AMEND definition
POWER TO AMEND. The Board may amend the Plan in any respect until a "Flip-in" Trigger has occurred. Thereafter, the Board may amend the Plan in any respect not materially adverse to Rights holders generally.
POWER TO AMEND. The Board by a two-thirds vote may amend the Plan in any respect until a "Flip-in" Trigger has occurred. Thereafter, the Board by a two-thirds vote may amend the Plan in any respect not materially adverse to Rights holders generally.
POWER TO AMEND. The Board may amend the Plan in any respect (with the exception of the ten year term and the Redemption Price) until the Rights are no longer redeemable. Thereafter, the Board may amend the Plan only to a limited extent and under limited circumstances.
Examples of POWER TO AMEND in a sentence
ONCE THAT PIMSA SHALL HAVE NOTIFIED COMPANY IN WRITING THAT IT HAS ASSIGNED ITS INTEREST IN THIS LEASE AGREEMENT TO ANY LENDING INSTITUTION AS SECURITY FOR A DEBT OR OTHER OBLIGATION OF PIMSA, PIMSA SHALL NOT HAVE THE POWER TO AMEND THIS LEASE AGREEMENT SO AS TO REDUCE THE RENT, DECREASE THE TERM OR MODIFY OR NEGATE ANY SUBSTANTIAL OBLIGATION OF COMPANY HEREUNDER, OR TO ACCEPT A RESCISSION OF THIS CONTRACT, WITHOUT THE WRITTEN CONSENT OF SUCH LENDING INSTITUTION.
ARTICLE VIII AMENDMENT, TERMINATION, AND MERGERS BANK'S POWER TO AMEND: The Bank may amend any part of the Plan, Deed of Trust, or Adoption Agreements at any time and from time to time.
THE ARBITRATOR WILL HAVE NO POWER TO AMEND OR RESCIND THIS AGREEMENT (IN WHOLE OR IN PART).
More Definitions of POWER TO AMEND
POWER TO AMEND. The Board may amend the Plan in any respect without the approval of any holders of Rights.