Significant Decisions. Notwithstanding anything to the contrary set forth in this Agreement but subject to Section 3.3, no Member shall take or cause or permit the Company or any Subsidiary to take any of the following actions, expend any amount of money, make any decision or incur any obligation on behalf of the Company or any Subsidiary with respect to any matter within the scope of any of the matters enumerated below (each a “Significant Decision”) unless the action, expenditure or other decision has been approved by the Class A Member in writing and in advance and has been approved in accordance with any other requirements of this Agreement:
Significant Decisions. The Company shall not, and no Manager of the Company shall have the power or authority to cause the Company to, without the prior unanimous consent of all of the Members, take any action in respect of a Significant Decision; provided, however, that if a Member receives notice from the Company, either personally or by mail or by facsimile, describing in reasonable detail an action with respect to a Significant Decision that the Company intends to adopt, and such Member does not notify the Company in writing within seven (7) days or such longer period as may be stated in the notice that it does not consent to the taking of such action, such Member shall be deemed to have consented to the taking of such action with respect to the Significant Decision. For purposes of this Agreement, each of the following matters shall constitute a "Significant Decision":
Significant Decisions. Any Significant Decision.
Significant Decisions. Where a significant decision or issue affects a particular Council, or its community, it should, in partnership with the other Councils of the region, have the lead role in formulating the collective response of the region's local authorities to that issue or decision. Where a Council makes a decision that is or is likely to have consequences that are significantly inconsistent with this Agreement they will, as soon as practicable, notify all other councils in the region of:
Significant Decisions. Notwithstanding anything to the contrary set forth in this Agreement (but subject to Section 4.15 and Section 3 of the Purchaser LLC Agreement) or either or both of the Investment Management Agreements, neither of the Managers nor any of their Affiliates shall take or cause or permit the Investment Partnership, the General Partner, or any Subsidiary thereof to take, or decide not to take, any of the following actions, expend any amount of money, make any decision or incur any obligation on behalf of the Investment Partnership, the General Partner, or any Subsidiary thereof with respect to any matter within the scope of any of the matters enumerated below (each, a “Significant Decision”) unless the action, expenditure or other decision has been approved by the Investment Committee in advance and has been approved in accordance with any other requirements of this Agreement and the Purchaser LLC Agreement, as applicable.
Significant Decisions. Notwithstanding any provisions contained in this Agreement to the contrary, during the Supermajority Effective Period, no act shall be taken, sum expended, decision made or obligation incurred by or on behalf of the Company except with the affirmative consent (a "Supermajority Vote") of at least one (1) RSI Designee and one (1) Veritech Designee with respect to any of the following matters set forth in this Section 9(c) (each, a "Significant Decision"), unless (x) Veritech shall have not accepted the RSI Put Offer, or Veritech has accepted the RSI Put Offer, but did not consummate the purchase of RSI's membership interest thereunder (other than as a result of an Excused Condition) (y) Veritech shall have consummated a Syndication which results in a breach of or default under the terms and provisions of Section 5(b) or (z) the Syndicate Representative of the Veritech membership interests is not the person specified in Section 5(b)(vi):
Significant Decisions. 25 (d) Leverage of the Company......................................28
Significant Decisions. MSV LP agrees to keep MSV Canada promptly apprised of all material discussions between MSV LP and Satellite Vendor regarding significant decisions related to the Satellite Construction Contract as related to the MSV-2 Satellite and the MSV-2 Deliverables, and in particular any discussions regarding the Performance Specifications of the MSV-2 Satellite or waivers, deviations or other modifications to the Performance Specifications. MSV Canada also agrees to keep MSV LP promptly apprised of all material discussions between MSV Canada and Industry Canada that would have a material impact on the Satellite Delivery Services to be provided by MSV LP under this Agreement. MSV LP shall collaborate with and include MSV Canada in all significant decisions related to the Satellite Construction Contract affecting the MSV-2 Satellite and the MSV-2 Deliverables, including without limitation, “Acceptance” (as defined in the Satellite Construction Contract) of the MSV-2 Satellite and the MSV-2 Deliverables, and shall obtain the prior written approval of MSV Canada prior to entering into any waivers, deviations or other modifications to the Performance Specifications which would result in a breach by MSV Canada of the Industry Canada Authorization for the MSV-2 Satellite or other modifications to the MSV-2 Satellite; provided that MSV Canada shall make its relevant employees and consultants available at all relevant times and locations and make decisions required to be made as to any requested waiver or deviation within the time required under the Satellite Construction Contract. Notwithstanding the requirement for written approval, if MSV Canada does not object to such waiver, deviation or other modification within two (2) “Business Days” (as defined in the Satellite Construction Contract after receipt of MSV LP’s request for approval (or lesser period if required to meet the response time under the Satellite Construction Contract, as noted in MSV LP’s request for approval), such approval shall be deemed given.
Significant Decisions. 19 (f) Leverage of the Company and Interoffice...........................22 (g) Third Party Financing Not Available...............................22 (h)
Significant Decisions. Notwithstanding any provisions ----------------------- contained in this Agreement to the contrary, during the Supermajority Effective Period, no act shall be taken, sum expended, decision made, or obligation incurred by on or behalf of the Company except with the affirmative consent (a "Supermajority Vote") of at least one of the RMI Designees and one of the JAH Designees with respect to any of the following matters (each, a "Significant Decision"), unless JAH shall have consummated a Syndication which violates the terms and provisions of Section 3(b)(v):
