Common use of Contract Party or Affiliated Entity Clause in Contracts

Contract Party or Affiliated Entity. Notwithstanding Section 6.G, no director may vote to enter into, modify, assign, or terminate a contract between the Authority and the Party that appointed that director. Any action to enter into, terminate, assign, or modify any contract with a Party or an entity controlled by a Party shall require the affirmative vote of directors appointed by the other four (4)

Contract Party or Affiliated Entity. Notwithstanding Section 6.G, no director may vote to enter into, modify, assign, or terminate a contract between the Authority and the Party that appointed that director. Any action to enter into, terminate, assign, or modify any contract with a Party or an entity controlled by a Party shall require the affirmative vote of directors Party Ddirectors appointed by the other four (4)