Voluntary Exit Party definition

Voluntary Exit Party has the meaning set forth in Article 32.1.1;
View Source
Voluntary Exit Party has the meaning set forth in Article 32.1.1; Voting Member means the Party that in accordance with Article 8.1.4 is entitled to vote on the concerned decision;
View Source
Voluntary Exit Party have the meanings given in clause 9 (Voluntary Exit), and the terms “Expelled Party” and “Expulsion Date” have the meanings given in clause 10 (Expulsion). Clause, schedule and paragraph headings shall not affect the interpretation of this Agreement. The schedules form part of this Agreement and shall have effect as if set out in full in the body of this Agreement. Any reference to this Agreement includes the schedules. Unless the context otherwise, requires, words in the singular shall include the plural and in the plural shall include the singular. A reference to a person shall include any company, corporation or other body corporate, wherever and however incorporated or established. A reference to a statue or statutory provision shall include all subordinate legislation made from time to time under that statute or statutory provision, and such statute, statutory provision and subordinate legislation as amended, updated or re-enacted from time to time during the Term. References to clauses and Schedules are to the clauses and Schedules of this agreement and references to paragraphs are to paragraphs of the relevant Schedule.
View Source

Examples of Voluntary Exit Party in a sentence

  • Prior to the Actual Leaving Date (in the case of each Voluntary Exit Party), and prior to or (at the latest) on the Expulsion Date (in the case of each Expelled Party), the Remaining Parties and the relevant Exiting Party shall determine a detailed plan of prerequisites and actions or omissions that must be effected by the Remaining Parties and such Exiting Party.

  • The cost of an exit as determined in the Exit Plan according to Article 32.4 of the Agreement shall be allocated and settled as proposed by the NEMO ID SC and as consented by the Voluntary Exit Party or Forced Exit Party.

  • As soon as the NEMO ID SC and the Voluntary Exit Party or Forced Exit Party have agreed upon the costs of an exit and the modalities how these will be settled, all Parties shall follow such instructions and issue respective invoices according to Section II.7.

  • For the avoidance of doubt, the remaining Parties are committed to enter into the Exit License upon the request of the Voluntary Exit Party or the Forced Exit Party.

  • For other matters, the Voluntary Exit Party or Forced Exit Party (as the case may be) shall not be entitled to vote unless the All NEMO Committee decides otherwise or unless the vote has direct consequences for the relevant Voluntary Exit Party or Forced Exit Party (as the case may be).


More Definitions of Voluntary Exit Party

Voluntary Exit Party has the meaning set forth in clause 20.1.
View Source