Common use of Benefitted Party Clause in Contracts

Benefitted Party. Without limiting the foregoing, if at any time the board of directors of AAC does not include the minimum number of Unaffiliated Qualified Directors required by this Section 3.04(a), the sole consequence shall be as set forth in this Section 3.04(a).

Appears in 6 contracts

Samples: Settlement Agreement, Settlement Agreement, Settlement Agreement (Ambac Financial Group Inc)

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