Deadlocks. In the event of a Deadlock, the provisions of this Section 1.11 shall apply. (a) For purposes of this Agreement, a “Deadlock” means a situation in which consent has been requested with respect to any matter requiring the action, consent, vote or other approval of the Investor Member or Investor Directors but such consent, vote or other approval has been withheld by the Investor Member or one or both of the Investor Directors .
Appears in 2 contracts
Sources: Limited Liability Company Agreement (FirstEnergy Transmission, LLC), Limited Liability Company Agreement (Firstenergy Corp)
Deadlocks. In the event of a Deadlock, the provisions of this Section 1.11 1.10 shall apply.
(a) For purposes of this Agreement, a “Deadlock” means a situation in which consent has been requested with respect to any matter requiring the action, consent, vote or other approval of the Investor Member or Investor Directors but such consent, vote or other approval has been withheld by the Investor Member or one or both of the Investor Directors .
Appears in 1 contract