Equal Representation on Board Sample Clauses

Equal Representation on Board. Deadlock – In the event of a deadlock, a neutral party agreed to by a majority of the Trustees shall be appointed to consider the matter and vote to break the deadlock. A neutral party may be appointed in advance of any deadlock.
Equal Representation on Board. Deadlock – In the event of a deadlock, a neutral partyagreedtobya majority of the Trusteesshallbe appointedto consider thematter andvote to break the deadlock. Aneutral partymaybeappointed in advanceof anydeadlock.

Related to Equal Representation on Board

  • Mutual Representations Each party hereby represents and warrants to the other party as follows:

  • General Representations Borrower represents and warrants to Lender as of the Closing Date that, except to the extent (if any) disclosed on Schedule III with reference to a specific subsection of this Section 3.1: