Veto rights. 6.2.4.1 A Member which can show that its own work, time for performance, costs, liabilities, intellectual property rights or other legitimate interests would be severely affected by a decision of a Consortium Body may exercise a veto with respect to the corresponding decision or relevant part of the decision.
Veto rights. 6.2.4.1 A Party which can show that its own work, time for performance, costs, liabilities, intellectual property rights or other legitimate interests would be severely affected by a decision of a Consortium Body may exercise a veto with respect to the corresponding decision or relevant part of the decision.
Veto rights. 6.3.4.1 A Member which can show that its own work, time for performance, costs, liabilities, intellectual property rights or other legitimate interests would be severely affected by a decision of the General Assembly may exercise a veto with respect to the corresponding decision or relevant part of the decision. 6.3.4.2 When the decision is foreseen on the original agenda, a Member may veto such a decision during the meeting only. 6.3.4.3 When a decision has been taken on a new item added to the agenda before or during the meeting, a Member may veto such decision during the meeting and within 15 days after the draft minutes of the meeting are sent. 6.3.4.4 In case of exercise of veto, the Members shall make every effort to resolve the matter which occasioned the veto to the general satisfaction of all Members. 6.3.4.5 A Party may not veto decisions relating to its identification as a Defaulting Party. The Defaulting Party may not veto decisions relating to its participation and termination in the consortium or the consequences of them. 6.3.4.6 A Party requesting to leave the consortium may not veto decisions relating thereto. The alleged Defaulting Party may vote but may not exercise its veto right.
Veto rights. Notwithstanding anything to the contrary contained in this Agreement: (i) the Lifford Managers may (so long as Lifford or any of its Affiliates is a Manager) and the PEGI Managers may (so long as PEGI or any of its Affiliates is a Manager) veto any decision of the Management Committee to perform, or cause the Company to perform, any of the acts or transactions described in subsections (d) and (h) below; and (ii) the Lifford Managers may (so long as Lifford and its Affiliates hold, in aggregate, Percentage Interests equal to at least 10%) and the PEGI Managers may (so long as PEGI and its Affiliates hold, in aggregate, Percentage Interests equal to at least 10%) veto any decision of the Management Committee to perform, or cause the Company to perform, any of the following acts or transactions:
Veto rights. 6.3.4.1 A Member which can show that its own work, time for performance, costs, liabilities, intellectual property rights or other legitimate interests would be severely affected by a decision of the Supervisory Board may exercise a veto with respect to the corresponding decision or relevant part of the decision.
Veto rights. A Member may exercise a veto with respect to the corresponding decision or relevant part of the decision if its own work, time (e.g. compliance with national law) or performance, costs, liabilities, intellectual property rights or other legitimate interests would be severely affected by a decision of a Consortium Body or if a Member has committed to legally binding expenses such as (but not limited to) salaries before the decision and the decision would lead to a withdrawal of funding for these expenses.
Veto rights. 6.2.4.1 A Party which can show that its own work, time for performance, costs, liabilities, intellectual property rights or other legitimate interests would be severely affected by a decision of a Consortium Body may exercise a veto with respect to the corresponding decision or relevant part of the decision. 6.2.4.2 When the decision is foreseen on the original agenda, a Party may only veto such a decision during the meeting. 6.2.4.3 When a decision has been taken on a new item added to the agenda before or during the meeting, a Party may veto such decision during the meeting or within 15 calendar days after receipt of the draft minutes of the meeting. A Party that is not appointed to participate to a particular Consortium Body may veto a decision within the same number of calendar days after receipt of the draft minutes of the meeting. 6.2.4.4 When a decision has been taken without a meeting a Party may veto such decision within 15 calendar days after written notice by the chairperson of the outcome of the vote. "Own work" covers the work under the responsibility of the Member. This can include tasks to be fulfilled by Affiliated Entities.
Veto rights. (a) The parties agree that following the Recapitalization, neither the Company nor its Subsidiaries shall take, or be permitted to take, any of the actions set forth on Part I of Schedule 2 (the “Primary Actions”) without the prior written consent of the Major Stockholders; provided, however, that no such prior written consent contemplated by this Section 2.6(a) shall be required at any time when the Major Stockholders, collectively, do not beneficially own at least 25% of the then outstanding Voting Stock of the Company.
Veto rights. So long as BTI or its Affiliates beneficially owns at least 10% of the outstanding Common Stock of the Company (assuming conversion of all Series Preferred) or shares of Series F Preferred Stock representing such number of shares of Common Stock on an as-converted basis (subject to adjustment for any stock split, reverse stock split and the like), the approval of at least one of the BTI Nominees shall be required for the Board of Directors of the Company or any Subsidiary to approve and authorize any of the following with respect to the Company or any Subsidiary:
Veto rights. (a) At any time the prior written consent of the Major Stockholders is required pursuant to the terms of Section 2.6(a) of the Stockholders Agreement for the Company to take a Primary Action, each Major Stockholder that is not a Section 2.6(a) Stockholder agrees (i) that it shall not provide its written consent pursuant to Section 2.6(a) to the Company’s taking of such Primary Action until such time as all Section 2.6(a) Stockholders provide their written consent pursuant to Section 2.6(a) to the Company’s taking of such Primary Action and (ii) to provide its written consent pursuant to Section 2.6(a) to the Company’s taking of such Primary Action promptly following such time as all Section 2.6(a) Stockholders shall have provided their written consent pursuant to Section 2.6(a) to the Company’s taking of such Primary Action. “
