Approval Rights definition

Approval Rights shall have the meaning set forth in Section 5(d) of this Agreement.

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Approval Rights means the right of KRH to approve certain actions enumerated in Section 4.3(b) of the LLC Agreement.

Approval Rights means the rights set forth in Section 4.1 (g), (h) and (i) of the Agreement.

Examples of Approval Rights in a sentence

The incurrence of any additional indebtedness (including guarantees and including renegotiations and restructurings of existing indebtedness) if, as a result thereof, the Company's Interest Expense Coverage Ratio would be less than 2.0 to 1.0. Notwithstanding anything to the contrary contained herein, the Approval Rights of SCG shall terminate and be of no further force or effect at such time as SCG Beneficially Owns less than 25% of the Common Shares outstanding.
Any resubmission made pursuant to this Section 7.12(c) shall be subject to Review and Approval Rights of the Reviewing Party in accordance with the procedures described in Section 7.12(b) for an original submission (except that the Review and Approval Rights shall be limited to the portion previously disapproved or not confirmed), until such matter shall be Approved by the Reviewing Party.
Any waiver by a Founding Member of its Founding Member Approval Rights shall only serve as a waiver with respect to the specific conditions that gave rise to the Founding Member Approval Rights being waived and shall not constitute a waiver with respect to any other rights under this Agreement and any Founding Member Approval Rights that the Founding Member may have in the future as a result of the existence of a condition giving rise to Founding Member Approval Rights subsequent to such waiver.
Upon the occurrence of a condition giving rise to Founding Member Approval Rights, the Founding Member Approval Rights shall continue until the earlier of (x) the date on which the conditions that gave rise to Founding Member Approval Rights no longer exist, or (y) the delivery of written notice waiving the Founding Member Approval Rights by the Founding Member(s) whose designees or successor designees were not nominated, appointed or elected to the board of directors of NCM Inc.
Except as provided in Section 5.01, each Member will have Approval Rights.

More Definitions of Approval Rights

Approval Rights shall have the meaning set forth in Section 9.2 hereof.

Approval Rights. (i) the story or other "first" writing step (including the basic setting); (ii) each draft of the screenplay, including without limitation, the final screenplay; (iii) the powers, costumes, key animation design (if applicable) and "look" of each Main Character, Subsidiary Character, Minor Character and Character Title and any other element not expressly set forth in order to ensure the consistency thereof to the Marvel Handbook or such other source reference material identified by MRI to MVL in writing prior to the commencement of development of a Picture for such Character or Character Title ("Character Integrity"); (iv) the advertising and marketing materials in order to ensure Character Integrity; (v) the creation and use of New Characters, including each New Character's powers, origin story, costume, key animation design (if applicable) and "look"; (vi) the director; (vii) the principal cast members; (viii) the use of any Trademark (as defined in the MCI Assignment Agreement); (ix) the exercise of the Co-Promotion/Commercial Tie-In Rights as set forth in Section 8 above; and (x) edits, dubs, subtitles and other alterations to the Completed Film (as defined in the Master Agreement) made in connection with the marketing, distribution or exploitation of such Completed Film solely in order to ensure Character Integrity.

Approval Rights means the rights of a Member to vote, approve or consent to the matters described herein.

Approval Rights has the meaning set forth in Section 9.4(c).

Approval Rights. For so long as each of Ares and HPS, together with their respective affiliates, hold at least seven and a half percent (7.5%) of the outstanding Equity Interests, each of the following shall require the approval of either of the Managers appointed by Ares or HPS, as applicable:  Approving or changing any material tax elections or material accounting policies; and  Approving or effecting the Company’s entrance into any material line of business other than the Company’s then-existing and related lines of business.

Approval Rights. Tropicana shall approve or reject (along with a basis for rejection) all materials, information and other requests submitted by Licensee to Tropicana for approval pursuant to Sections 6, 7, and 8 within fifteen (15) business days of receipt of same by Tropicana.

Approval Rights has the meaning set forth in Section 11.9(a)(i).