Common use of Challenge to Good Faith Determination Clause in Contracts

Challenge to Good Faith Determination. Whenever the Board shall be required to make a determination in good faith of the Current Market Value of any item under Section 4, such determination may be challenged in good faith by the Majority Holders.

Appears in 8 contracts

Samples: Warrant Agreement (Versatel Telecom International N V), Warrant Agreement (Weight Watchers International Inc), Warrant Agreement (Pathmark Stores Inc)

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Challenge to Good Faith Determination. Whenever the Board shall be is required to make a determination in good faith of the Current Market Value fair market value of any item under this Section 4, the Majority Holders may challenge such determination may be challenged in good faith by the Majority Holdersfaith, and an Independent Financial Expert shall resolve any such dispute.

Appears in 4 contracts

Samples: Osage Exploration & Development Inc, Deep Down, Inc., Baseline Oil & Gas Corp.

Challenge to Good Faith Determination. Whenever the Board shall be is required to make a determination in good faith of the Current Market Value fair market value of any item under this Section 4, Holder may challenge such determination may be challenged in good faith by the Majority Holdersfaith, and an Independent Financial Expert shall resolve any such dispute.

Appears in 4 contracts

Samples: Note Purchase Agreement (Energy & Exploration Partners, Inc.), Note Purchase Agreement (Energy & Exploration Partners, Inc.), Energy & Exploration Partners, Inc.

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Challenge to Good Faith Determination. Whenever the Board shall ------------------------------------- be required to make a determination in good faith of the Current Market Value of any item under Section 4, such determination may be challenged in good faith by the Majority Holders.

Appears in 1 contract

Samples: Warrant Agreement (Cybernet Internet Services International Inc)

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