Veto Rights definition

Veto Rights means any contractual or legal rights which may prevent the transfer of Relevant Assets from any Operator to the Company or any Local Subsidiary.
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Veto Rights shall have the meaning specified in Section 5.05.
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Veto Rights means any rights that a person (“the contractor”) has under an Authority agreement that, apart from this section, would have the effect of preventing the transfer of the ownership or control of a Moomba-Sydney pipeline from the Authority or any other person who owns or controls such a pipeline to another person without the consent of the contractor.
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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.

  • Notwithstanding the requirements in Sections 2.8 and 3.3 for PSP to have a Unit Interest of at least 25%, PSP will retain the PSP Veto Rights where its (or its Affiliate’s) Unit Interest (a) is at least 10%, and (b) has been reduced below 25% solely as a result of a failure of PSP or its Affiliate to fund Capital Calls made pursuant to the Partnership Agreement (and not as a result of Transfers of Units).

  • 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.

  • Any decision to actually move forward with implementing such an opportunity shall be subject to Board Approval and the Principal Veto Rights.

  • 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.

  • 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.

  • Section 2.07 Matters Subject to EBI's Veto Rights...................

  • If the Executive Officers of the Parties cannot agree upon a path forward for the joint Development of the Licensed ABI-H2158 Products or Licensed ABI-H3733 Products (as applicable) within [* * *] after such matter is referred to them pursuant to Section 5.2(d)(i), AssemblyBio shall have the final decision-making authority regarding such matter (which authority shall not be subject to BeiGene Veto Rights under Section 3.2(f)(ii)).

  • Without limiting the Hakkasan Parent Veto Rights under Section 4.1(d), a quorum for the conduct of business at a meeting of the Members will exist if Members holding at least a majority of the Common Units are present (in person or by proxy).

  • BrightSphere and the KELP desire to amend the Agreement to provide for an extension of the KELP Veto Rights as set forth herein.


More Definitions of Veto Rights

Veto Rights shall, in the entirety, be allocated among all Class A-2 Certificateholders in proportion to the then outstanding notional balances of their respective Certificates.
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Veto Rights. The following decisions would require the approval the Unitholders holding 75% of the aggregate voting rights of New HoldCo: • the occurrence of any voluntary or involuntary bankruptcy, liquidation, dissolution, or winding up of New HoldCo or any of its controlled subsidiaries; • acquisitions of asset or interests in another person by New HoldCo or its controlled Subsidiaries, including by way of merger, in an amount in excess of an amount to be determined; • material amendments to the organizational documents of New HoldCo or its controlled Subsidiaries; and • appointment or removal of the Chief Executive Officer of New HoldCo
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Related to Veto Rights

  • Rights means, with respect to any Person, warrants, options, rights, convertible securities and other arrangements or commitments which obligate the Person to issue or dispose of any of its capital stock or other ownership interests.

  • Technology Rights means BOARD's rights in any technical information, know-how, processes, procedures, compositions, devices, methods, formulae, protocols, techniques, software, designs, drawings or data created by the inventor(s) listed in Exhibit I at UTMDACC before the EFFECTIVE DATE, which are not claimed in PATENT RIGHTS but that are necessary for practicing PATENT RIGHTS.

  • Background Intellectual Property Rights means Intellectual Property Rights owned, controlled or furnished by either Party other than Foreground Intellectual Property Rights.

  • Registered Intellectual Property Rights means Intellectual Property Rights that have been registered, filed, certified or otherwise perfected by recordation with any state, government or other public legal authority.

  • Licensed IP Rights means, collectively, the Licensed Patent Rights and the Licensed Know-How Rights.