Veto Right definition

Veto Right means the right of the HR to oppose the passing of a resolution at the OTE BoD or the OTE GM, as applicable, in respect of the Veto Matters.
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Veto Right means the right of the Company pursuant to any CLO Agreement to veto or otherwise disapprove in whole or in part, any purchase or sale of any commercial loan, debt obligation or other asset of a CLO, subject to such limitations as to exercise of such right as may be specified in such CLO Agreement.
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Examples of Veto Right in a sentence

  • For the avoidance of doubt, any Restricted Issuance pursuant to Borrower’s exercise of the Veto Right shall not be considered an Unapproved Restricted Issuance Default or other Event of Default hereunder.

  • The Outstanding Balance will automatically be increased by three percent (3%) for each time Borrower exercises its Veto Right (without the need for Lender to provide any notice to Borrower of such increase), which increase will be effective as of the date of each exercise of the Veto Right.

  • Procaps’ Veto Right of Expansion: Section 10.3 ‐‐ Patheon is required to obtain Procaps’ approval before expanding its existing manufacturing capacity to develop softgels within the Collaboration Agreement.

  • Any exercise of the LP Veto Right is conditioned that LP provides OV with a detailed, written explanation of its basis for concluding that the conditions for withholding its consent are present.

  • Subject to LP’s Veto Right under Section 4.12(e) above, if applicable, and the terms and conditions of this Agreement, OV shall have sole responsibility for engaging and concluding Program Acquirer Agreement(s) with such Program Acquirer(s), and negotiating and executing the terms of a Program acquisition by such Program Acquirer(s).

  • Veto Right WH would have a veto on affiliate transactions, except for (1) Xxxxx fees as described below and (2) payments pursuant to the financial advisory agreement described below.

  • Capstead shall notify the General Partner of the exercise of the Capstead Veto Right within the time period set forth in Section 5.02.

  • If the Offering Shareholder receives an offer from a Third Party Purchaser, then it must inform the Remaining Shareholder of such and the latter will have a maximum term of fifteen days, starting as of the date on which it received such notice, to exercise its Veto Right, in accordance with the Third Party Purchaser Validation Process, described in Clause 5.2.8.1.

  • Genesis of the Veto Right of the Five Permanent Members of the Security Council Under the U.N. Charter, the five permanent members of the Security Council are entitled to a veto power.24 Article 27 reads:1.

  • If the Remaining Shareholder does not exercise its Veto Right within the above stated fifteen-day period or does not notify the Offering Party within the Response Period of its desire to exercise the Right of First Refusal or Tag Along Right, then the Offering Shareholder may freely sell its shares to the Third Party Purchaser, as long as it does so for a price that is not lower or under payment conditions that are not more favorable than those provided to the Remaining Shareholder.

Related to Veto Right

  • Limited Right means the right to receive an amount of cash based upon the terms set forth in Section 9.

  • Water right means a legal authorization, such as a permit, claim, or other authorization, on record with or accepted by the department of ecology, authorizing the beneficial use of water in accordance with all applicable state laws.

  • Right of Reference means the “right of reference” defined in 21 CFR 314.3(b), including with regard to a Party, allowing the applicable Regulatory Authority in a country to have access to relevant information (by cross-reference, incorporation by reference or otherwise) contained in Regulatory Documentation (and any data contained therein) filed with such Regulatory Authority with respect to a Party’s Compound, only to the extent necessary for the conduct of the Study in such country or as otherwise expressly permitted or required under this Agreement to enable a Party to exercise its rights or perform its obligations hereunder.

  • right of use means any right we have to use, in our own name and on our own account or the account of another counterparty, financial instruments received by us by way of collateral under a security collateral arrangement between you and us;

  • First Refusal Right means the right granted to the Corporation in accordance with Article E.

  • Exclusive Right to Sell listing means that if you, the owner of the property, find a buyer for your house, or if another broker finds a buyer, you must pay the agreed commission to the present broker.

  • Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.

  • Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.

  • Secondary Refusal Right means the right, but not an obligation, of each Investor to purchase up to its pro rata portion (based upon the total number of shares of Capital Stock then held by all Investors) of any Transfer Stock not purchased pursuant to the Right of First Refusal, on the terms and conditions specified in the Proposed Transfer Notice.

  • Copyright and Similar Rights means copyright and/or similar rights closely related to copyright including, without limitation, performance, broadcast, sound recording, and Sui Generis Database Rights, without regard to how the rights are labeled or categorized. For purposes of this Public License, the rights specified in Section 2(b)(1)-(2) are not Copyright and Similar Rights.

  • Moral Rights means any right to claim authorship of a work, any right to object to any distortion or other modification of a work, and any similar right, existing under the law of any country in the world, or under any treaty.

  • Burial right means a right of earth interment.

  • Limited rights means the rights to use, modify, reproduce, release, perform, display, or disclose technical data, in whole or in part, within the Government. The Government may not, without the written permission of the party asserting limited rights, release or disclose the technical data outside the Government, use the technical data for manufacture, or authorize the technical data to be used by another party, except that the Government may reproduce, release, or disclose such data or authorize the use or reproduction of the data by persons outside the Government if—

  • Retraction Call Right has the meaning ascribed thereto in the Exchangeable Share Provisions;

  • Capacity Transfer Right means a right, allocated to LSEs serving load in a Locational Deliverability Area, to receive payments, based on the transmission import capability into such Locational Deliverability Area, that offset, in whole or in part, the charges attributable to the Locational Price Adder, if any, included in the Zonal Capacity Price calculated for a Locational Delivery Area.

  • Drag-Along Right has the meaning set forth in Section 8.6(a).

  • Repurchase Right means the right granted to the Corporation in accordance with Article D.

  • Transferable development right means a right to develop and use land that

  • Water Rights means: (1) with respect to any Person, all of such Person’s right, title and interest in and to any water stock, permits or entitlements and any other water rights related to or appurtenant to property owned or leased by such Person, and (2) with respect to any property, any water stock, permits or entitlements and any other water rights related to or appurtenant to such property.

  • Limited rights data means data, other than computer software, that embody trade secrets or are commercial or financial and confidential or privileged, to the extent that such data pertain to items, components, or processes developed at private expense, including minor modifications.

  • Compulsory License means a compulsory license under Penn Patent Rights obtained by a Third Party through the order, decree, or grant of a competent Governmental Body or court, authorizing such Third Party to develop, make, have made, use, sell, offer to sell or import a Licensed Product in any country.

  • Child abuse or neglect means the injury, sexual abuse, sexual exploitation, or negligent treatment or maltreatment of a child by any person under circumstances which indicate that the child's health, welfare, and safety is harmed thereby. An abused child is a child who has been subjected to child abuse or neglect as defined herein: Provided, that this subsection shall not be construed to authorize interference with child-raising practices, including reasonable parental discipline, which are not proved to be injurious to the child's health, welfare, and safety: And provided further, That nothing in this section shall be used to prohibit the reasonable use of corporal punishment as a means of discipline. No parent or guardian shall be deemed abusive or neglectful solely by reason of the parent's or child's blindness, deafness, developmental disability or other handicap. RCW 26.44.020

  • State license means a license issued by the department that allows a person to operate a marihuana establishment.

  • Dissent Rights means the rights of dissent in respect of the Arrangement described in the Plan of Arrangement;

  • Termination Right have the respective meanings given in the PRA Contractual Stay Rules.

  • Full-service restaurant license means a license issued in accordance with