Common use of Negative Consent Clause in Contracts

Negative Consent. Neither the Venture nor any Venturer without the ---------------- prior written consent of Paddlewheels shall approve any action that (a) amends, modifies or otherwise changes (i) the method of calculation of Net Realized Value pursuant to Section 10.5 below or (ii) Paddlewheels' right to receive 10% of Net Realized Value pursuant to Section 10.5 below, or (b) transfers, all or a portion of, the JV Interests held by HCS I or HCS II to an Affiliate thereof unless such applicable Affiliate consents in writing to be bound by the terms of Sections 6.1 and 10.2 hereof.

Negative Consent. Neither the Venture nor any Venturer without the ---------------- prior written consent of Paddlewheels shall approve any action that (a) amends, modifies or otherwise changes (i) the method of calculation of Net Realized Value pursuant to Section 10.5 10.7 below or (ii) Paddlewheels' right to receive 10% of Net Realized Value pursuant to Section 10.5 10.7 below, or (b) transfers, all or a portion of, the Sodak's or HWCC's JV Interests held by HCS I or HCS II to an Affiliate thereof unless such applicable Affiliate consents in writing to be bound by the terms of Sections 6.1 and 10.2 hereof.