Minority Rights. In the event of a change in applicable Law affecting the rights of the Shareholders under this Agreement, the Shareholders shall, to the extent permitted by applicable Law, use their reasonable best efforts to maintain all rights and protections granted to minority shareholders under this Agreement or under the applicable Law as of the date hereof (including dividend rights and rights granted under the applicable public tender offers regulations).
Minority Rights. (i) prior to the Repurchase Date, unless a Notes Trigger Event or a Preferred Stock Trigger Event has occurred and is continuing, any decision to sell all or substantially all of assets of the Company shall require the unanimous consent of the Board and (ii) at all times after the Repurchase Date, unless the TCW Funds have the right to designate the Fifth Designee to the TCR Holding Board pursuant to Section 4(a), the following actions shall require the unanimous consent of the Board:
Minority Rights. The parties agree that the shareholders' agreement and/or bylaws of the Marketing Company to be concluded in connection with the transfer of the 25% of its shares shall provide for standard minority protection and adequate information and co-determination rights for the minority shareholder(s).
Minority Rights. 9.1 For as long as any portion of the Convertible Loans remain outstanding or, if the Convertible Loans shall have been converted into Conversion Shares, up to the date of the Initial Public Offering, Lender A shall be entitled to nominate one (1) non-executive director and one (I) observer to the Board and that of the Borrower's related companies and Lender B shall be entitled to nominate one (1) observer to the Board and that of the Borrower's related companies. The Borrower and the Warrantor hereby undertake to effect all necessary corporate actions to procure such appointment.
Minority Rights. The Company shall not pay or cause to be paid, directly or indirectly, any consideration to or for the benefit of any Holder for or as an inducement to any consent, amendment, modification or waiver unless such consideration is offered in writing to be paid to all Holders, and is paid to all Holders that approve such consent, amendment, modification or waiver.
Minority Rights. So long as IFC holds Shares comprising 5% or more of the Common Stock, neither the Company nor its Subsidiaries shall approve, authorize or enter into a transaction with respect to any of the following without the prior written consent of IFC (such consent not to be unreasonably withheld):
Minority Rights. 11.1 The below decisions can only be made with foregoing approval from PBI and RM: Commercial relations to any relatives and friends of Xxxx Xxxxxxx and any company in which Xxxx Xxxxxxx directly or indirectly holds a financial interest;
Minority Rights. 3.1 Until the Initial Public Offering of the Company's shares (hereinafter: "PUBLIC OFFERING"), decisions by the Company's Board of Directors, Board committees and general assembly will be made by regular majority of votes of all those present and entitled to vote in the Company's Board of Directors, Board committees and general assembly, as applicable. Despite this provision, as long as Bental holds not less than 10% of the Company's issued and paid share capital, no decision by any of the organs specified above, referring to issues mentioned in clause 3.2 below, will be made unless approved by prior, written decision of Bental. The provisions of this clause will apply with the required modifications to the Company's subsidiaries.
Minority Rights. 25 11 [***]..............................................................................................Error! Bookmark not defined. 12 Deadlock .............................................................................................................................. 25 13 [***]..............................................................................................Error! Bookmark not defined. 14 [***]..............................................................................................Error! Bookmark not defined. 15 [***]..............................................................................................Error! Bookmark not defined. 16 Cooling off period ............................................................................................................... 27 17 [***]........................................................................................................................................ 27 18 [***]..............................................................................................Error! Bookmark not defined. 19 Accounting, Annual Report, Business Plan and Budget................................................ 27 20 [***]........................................................................................................................................ 28 21 Related Party Transactions and Conflicts of Interest ..................................................... 28 22
Minority Rights. Effective upon the deposit by the Buyer of the Escrow Amount with the Escrow Agent:
