Examples of Veto Rights in a sentence
For greater certainty, the Parties acknowledge and agree that the foregoing shall not affect or limit the PSP Veto Rights in any manner whatsoever.
The Partners having Partner Veto Rights agree ------------ that they will admit as a new Limited Partner any Affiliate of a Partner who receives a Partnership Interest from a Partner pursuant to the provisions of Section 9.3.1 and who agrees to be bound by the terms of this Agreement, if such Affiliate is not engaged in the business of selling or servicing trucks in competition with Volvo or in the business of marketing fuel or lubricants in competition with Mobil or its Affiliates.
In accordance with Emerging Issues Task Force (EITF) No. 96-16 "Investor's Accounting for a Investee When the Investor Has a Majority of the Voting Interest but Minority Shareholder or Shareholders Have Certain Approval or Veto Rights", because the minority interest shareholders have certain approval or veto rights, up to December 31, 2003, the financial position and results of Dona Francisca have not been consolidated, but included as an investment accounted for using the equity method of accounting.
Subject to Partner Veto Rights, the Board of ------------- Directors may, by written notice, request the holders of Common Partnership Interests (other than Warrant Holdings) to make such additional Capital Contributions as the Board of Directors, in its sole discretion, considers necessary or appropriate to fulfill the purposes of this Agreement.
This Agreement may be amended if such amendment is ---------- approved by the Partners having Partner Veto Rights; provided, however, that no provision of this Agreement may be amended in a manner which would alter or change the powers, preferences or special rights of the Partnership Interests of a Partner so as to adversely affect the rights of the holder of such Partnership Interests or such Partner without the consent of such Partner.
Upon the consent of Partners having ---------------- Partner Veto Rights, which consent shall not be unreasonably withheld, such Partners will admit as a new Limited Partner any Person who shall (i) purchase newly issued Partnership Interests, or Partnership Interests owned by (y) a Selling Partner pursuant to the provisions of Section 9.5 or (z) by the Xxxxxxxx Partners pursuant to Section 9.7.2, and (ii) agree to be bound by all of the terms of this Agreement.
The Partners having Partner Veto Rights agree that they will admit as a new Limited Partner any Affiliate of a Partner who receives a Partnership Interest from a Partner pursuant to the provisions of Section 9.3.1 and who agrees to be bound by the terms of this Agreement, if such Affiliate is not engaged in the business of selling or servicing trucks in competition with Volvo or in the business of marketing fuel or lubricants in competition with Mobil or its Affiliates.
Upon the consent of Partners having Partner ---------------- Veto Rights, which consent shall not be unreasonably withheld, such Partners will admit as a new Limited Partner any Person who shall (i) purchase newly issued Partnership Interests, or Partnership Interests owned by (y) a Selling Partner pursuant to the provisions of Section 9.5 or (z) by the Xxxxxxxx Partners pursuant to Section 9.7.2, and (ii) agree to be bound by all of the terms of this Agreement.
Tax Consistency..........................................40 SECTION 6.08 Certain Veto Rights Applying After Company Shareholder Approval...........................................................40 SECTION 6.09 Certain Negative Covenants Relating to the Series B-2 Preferred Shares, Series C-2 Preferred Shares, Series A Notes and Series B Notes.....................................................41 ARTICLE VII.
Subject to Partner Veto Rights, the Board of Directors may, by written notice, request the holders of Common Partnership Interests (other than Warrant Holdings) to make such additional Capital Contributions as the Board of Directors, in its sole discretion, considers necessary or appropriate to fulfill the purposes of this Agreement.