Veto Matters definition

Veto Matters means any the matters set out in Article 9 in relation to which the HR has a Veto Right.
Veto Matters as used in this Voting Trust Agreement, shall have the meaning set forth in the Shareholders´ Agreement. For the avoidance of doubt, the Parties acknowledge and agree that the appointment of the members of the Board of Directors of the Company does not constitute and shall not be considered a Veto Matter.
Veto Matters shall have the meaning contained in Clause 6.3.

Examples of Veto Matters in a sentence

  • The Veto Right in respect of the Veto Matters referred to in Paragraph 9.2.1 shall apply (i) for as long as the HR holds at least 5% of the total voting rights in OTE, and (ii) regardless of whether paragraph 3 of article 11 of Law 3631/2008, as currently in force, remains in force or not.

  • The OTE BoD shall have all duties, responsibilities, rights, powers and competencies as entrusted to it under the Statutes, the Company Law and other applicable legislation, subject to Paragraph 6.4, and be exclusively competent to take a decision on the Veto Matters, with the exception of those of the Veto Matters requiring a resolution of the OTE GM pursuant to the Company Law and the Statutes.

  • We do not agree that in ‘good’ or outstanding schools a total of 3.1 teacher hours is sufficient to prepare lessons for the whole school for the whole year.

  • The Chairman and Managing Director (a) shall be fluent in Greek, and (b) shall have all duties, responsibilities, rights, powers and competencies as entrusted to him/her under the Company Law and the Statutes, with the exception of (i) those matters reserved to the OTE BoD by operation of the Company Law and other applicable legislation, and (ii) the Veto Matters.

  • Non-coastal cities located on fresh waters also can experience damaging gusts through lake- and canyon-effects.

  • The OTE BoD shall have all duties, responsibilities, rights, powers and competencies as entrusted to it under the Statutes, the Company Law and other applicable legislation, subject to Paragraphs 5.4 and 5.5, and be exclusively competent to take a decision on the Veto Matters, with the exception of those of the Veto Matters requiring a resolution of the OTE GM pursuant to the Company Law and the Statutes.

  • Provided however that, for the avoidance of any doubt, no decision or action with regard to any of the Investor Veto Matters and / or Founder Veto Matters listed in Clause 5 shall be taken at any meeting of the Shareholders unless the requisite number of Investors and / or the Founders have consented to such decision or action in accordance with Clause 5.

  • The Veto Right in respect of the Veto Matters referred to in (i) subparagraphs (b), (c) and (d) of Paragraph 9.4.1 shall apply for as long as the HR holds at least 5% of the total voting rights in OTE, whilst (ii) subparagraph (a) of Paragraph 9.4.1 shall apply for as long as the HR holds at least 10% of the total voting rights in OTE.

  • Decisions on Investor Veto Matters and Founder Veto Matters may be taken by circular resolution provided such decisions have been approved in accordance with Clause 5.

  • All matters falling within the scope of paragraph 3 of article 11 of Law 3631/2008 and relate to OTE and any OTE Group Company, as the case may be, shall constitute Veto Matters.

Related to Veto Matters

  • Academic and professional matters means the following policy development and implementation matters:

  • Disclosed Matters means the actions, suits and proceedings and the environmental matters disclosed in Schedule 3.06.

  • Environmental Claims means any and all administrative, regulatory or judicial actions, suits, demands, demand letters, claims, liens, notices of noncompliance or violation, investigations or proceedings relating in any way to any Environmental Law.