More Favourable Rights Sample Clauses

More Favourable Rights. The Company and the Promoters shall not, except with the Investor’s prior written consent, provide any Person (including any existing or proposed Shareholder) with any rights, interests, protections benefits, or privileges in relation to the Company (“More Favourable Rights”) that are, in the Investor’s reasonable opinion, more favourable than those provided to the Investor under this Agreement. The Company and the Promoters shall immediately take such necessary actions as requested by the Investor, including, without limitation, amending this Agreement, the terms attaching to the Equity Securities held by the Investor and / or the Charter Documents, to ensure the Investor’s rights, interests and protections match the More Favourable Rights.
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More Favourable Rights. 8.5.1 After the Completion, if the Company is unable to cause the Listing on or before the Listing Due Date, then upon expiry of the Listing Due Date, the Company shall not, without the Consent of Buyer 1, grant to any Person who holds in aggregate a lower percentage of the Equity Share Capital (on a Fully Diluted Basis) than the Equity Share Capital (on a Fully Diluted Basis) held by Buyer 1 at the relevant time, any rights, privilege or protection which are more favourable than those granted to Buyer 1 in terms of this Agreement and the Share Subscription Agreement. In the event any such Person has any rights, privileges or protections or terms more favourable than those offered to Buyer 1, then Buyer 1 shall enjoy similar rights and privileges or protections. It is clarified that the provisions of this Clause 8.5.1 shall not be applicable to any Person who holds in aggregate, a greater percentage of the Equity Share Capital (on a Fully Diluted Basis) than the Equity Share Capital (on a Fully Diluted Basis) held by Buyer 1 at the relevant time.
More Favourable Rights. The Company shall not, except with the Investor’s prior written consent, provide any Person (including any existing or proposed Shareholder) with any rights, interests, protections benefits, or privileges in relation to the Company (“More Favourable Rights”) that are, in the Investor’s reasonable opinion, more favourable than those provided to the Investor under these Articles and the Company SHA. The Company shall immediately take such necessary actions as requested by the Investor, including, without limitation, amending the Company SHA, the terms attaching to the Equity Securities held by the Investor and / or the Charter Documents, to ensure the Investor’s rights, interests and protections match the More Favourable Rights.

Related to More Favourable Rights

  • More Favourable Provisions If the domestic law of either Contracting Party or obligations under international law existing at present or established hereafter between the Contracting Parties in general or specific entitling investments by investors of the other Contracting Party to a treatment more favourable than is provided for by this Agreement, such regulation shall to the extent that it is more favourable prevail over this Agreement.

  • Private Rights Neither Party may provide for a right of action under its domestic law against the other Party on the ground that a measure of the other Party is inconsistent with this Agreement.

  • License Rights The Recipient must provide a license to its “subject data” to the Federal Government, which license is: (a) Royalty-free, (b) Non-exclusive, and (c) Irrevocable, (2) Uses. The Federal Government’s license must permit the Federal Government to take the following actions provided those actions are taken for Federal Government purposes: (a) Reproduce the subject data, (b) Publish the subject data, (c) Otherwise use the subject data, and (d) Permit other entities or individuals to use the subject data, and

  • Utilisations permises de la licence et restrictions A. Licence de logiciel Apple préinstallé ou copie unique. Sous réserve des conditions générales de cette Licence, et à moins que vous ayez acquis le logiciel Apple dans le Mac App Store, par le biais d’un téléchargement automatique ou dans le cadre d’une licence ou maintenance de volume ou tout autre accord écrit passé avec Apple, une licence de non-exclusivité limitée vous est accordée pour installer, utiliser et exécuter un (1) seul exemplaire du logiciel Apple sur un seul ordinateur Apple à la fois. Par exemple, les termes de la présente Licence à copie unique s’appliquent à vous si vous avez acquis le logiciel Apple préinstallé sur un matériel de marque Apple.

  • Third Party Licenses If (a) in the opinion of outside patent counsel to Licensee, Licensee, or any of its Affiliates or Sublicensees, cannot Exploit a Licensed Product in a country in the Territory without infringing one or more Patents that have issued to a Third Party in such country, or (b) as a result of any claim made against a Party, or any of its Affiliates or Sublicensees, alleging that the Exploitation of a Licensed Product infringes or misappropriates any Patent or any other intellectual property right of a Third Party in a country in the Territory, a judgment is entered by a court of competent jurisdiction from which no appeal is taken within the time permitted for appeal, such that Licensee cannot Exploit such Licensed Product in such country without infringing the Patent or other proprietary rights of such Third Party, then, in either case, Licensee shall have the first right, but not the obligation to negotiate and to obtain a license from such Third Party as necessary for the Exploitation of any Licensed Product hereunder in such country; provided, however, that NovaDel shall have the sole right to seek any such license with respect to the Licensed Process and shall use commercially reasonable efforts to obtain such a license in its own name from such Third Party in such country, under which NovaDel shall, to the extent permissible under such license, grant a sublicense to Licensee as necessary for Licensee, and any of its Affiliates and Sublicensees, to Exploit the Licensed Product as provided hereunder in such country. Licensee shall be solely responsible for one hundred percent (100%) of all royalty and other obligations with respect to the Exploitation of the Licensed Product; provided, however, that Licensee shall have the right to credit fifty percent (50%) any royalties paid by Licensee, its Affiliates or Sublicensees under such license with respect to such country against the royalty payments to be paid by Licensee to NovaDel with respect to the sale of the Licensed Product(s) under Section 4.1; provided, however, that no royalty payment when due, regardless of the amount or number of credits available to Licensee in accordance with this Agreement, shall be reduced by more than fifty percent (50%) of the amounts otherwise owed pursuant to Section 4.1 in any calendar quarter. Credits not exhausted in any calendar quarter may be carried into future calendar quarters.

  • Carriage Rights a) The parties to settlement discussions shall be the central parties. The Crown may participate in settlement discussions.

  • REAL ESTATE LICENSE HOLDERS A BROKER is responsible for all brokerage activities, including acts performed by sales agents sponsored by the broker. • A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker. A BROKER’S MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents): • Put the interests of the client above all others, including the broker’s own interests; • Inform the client of any material information about the property or transaction received by the broker; • Answer the client’s questions and present any offer to or counter-offer from the client; and • Treat all parties to a real estate transaction honestly and fairly. A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION: AS AGENT FOR OWNER (SELLER/LANDLORD): The broker becomes the property owner's agent through an agreement with the owner, usually in a written listing to sell or property management agreement. An owner's agent must perform the broker’s minimum duties above and must inform the owner of any material information about the property or transaction known by the agent, including information disclosed to the agent or subagent by the buyer or buyer’s agent. AS AGENT FOR BUYER/TENANT: The broker becomes the buyer/tenant's agent by agreeing to represent the buyer, usually through a written representation agreement. A buyer's agent must perform the broker’s minimum duties above and must inform the buyer of any material information about the property or transaction known by the agent, including information disclosed to the agent by the seller or seller’s agent.

  • Cure Rights In the event any monetary default beyond applicable notice and grace periods or non-monetary default beyond applicable notice and grace periods shall exist with respect to the Mortgage Loan, then, upon notice from the Lead Securitization Note Holder (or the Servicer on its behalf) (a “Cure Option Notice”) of the occurrence of such default beyond applicable notice and grace periods (which notice the Lead Securitization Note Holder (or the Servicer on its behalf) shall promptly give to the Note B Holder upon receipt of knowledge thereof), each Note B Holder shall have the right, exercisable by each Note B Holder giving written notice of its intent to cure a default within five (5) Business Days after receipt of the Cure Option Notice, to cure such default (and if each of the Note B-1 Holder, the Note B-2 Holder, the Note B-3 Holder or the Note B-4 Holder, or any combination thereof, provide such notice, then such Note B Holders collectively, on a pro rata basis shall have the right to cure such default); provided, in the event a Note B Holder has elected to cure any default, the default must be cured by such Note B Holder within, in the case of a monetary default, ten (10) Business Days after receipt of such Cure Option Notice and, in the case of a non-monetary default, thirty (30) days after receipt of such Cure Option Notice. If a Note B Holder is attempting to cure a non-monetary default, the foregoing cure period of thirty (30) days may be extended for an additional sixty (60) days (for a total of up to ninety (90) days), but only for so long as (i) such Note B Holder is diligently and expeditiously proceeding to cure such non-monetary default, (ii) such Note B Holder makes all Cure Payments that it is permitted to make in accordance with this Section, (iii) such non-monetary default is not the result of a bankruptcy of the Borrower or other insolvency related event, and no bankruptcy commences or other insolvency related event occurs during the period that such Note B Holder is otherwise permitted to cure a non-monetary default in accordance with this Section and (iv) there is no material adverse effect on the Borrower, the Property or the value of the Mortgage Loan as a result of such non-monetary default or the attempted cure thereof. If a Note B Holder elects to cure a default that can be cured by the payment of money (each such payment, a “Cure Payment”), such Note B Holder shall make such Cure Payment as directed by the Lead Securitization Note Holder (or the Servicer on its behalf) and each such Cure Payment shall include all costs, expenses, losses, liabilities, obligations, damages, penalties, and disbursements imposed on, incurred by or asserted against each Note A Holder (including, without limitation, all unreimbursed Advances (without regard to whether such Advance would be a “nonrecoverable advance”) and any interest charged thereon at the Advance Rate, and any unpaid Special Servicing Fees with respect to the Mortgage Loan, but excluding any default interest and Penalty Charges) related to the default and incurred during the period of time from the expiration of the grace period for such default under the Mortgage Loan until such Cure Payment is made or such other cure is otherwise effected. The right of a Note B Holder to reimbursement of any Cure Payment shall be as set forth in Section 5 and Section 6, as applicable. So long as a default exists that is being cured by a Note B Holder pursuant to this Section 11(b) and the cure period has not expired and such Note B Holder is permitted to cure under the terms of this Section 11(b), the Lead Securitization Note Holder (or the Servicer on its behalf) and the Trustee shall not treat such default as a default or a Triggering Event of Default (i) for purposes of Section 5 or Section 6; (ii) for purposes of accelerating the Mortgage Loan, modifying, amending or waiving any

  • ACCEPTABLE USE RESTRICTIONS You must:

  • Recall Rights 12.1 The parties agree that Local boards will increase the length of time contained in their local collective agreements providing rights to recall by an additional two (2) years.

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