Consortium definition
Examples of Consortium in a sentence
If a Party breaches this Agreement, the breaching party’s participation in the Consortium will be terminated, and in that case, this Agreement shall terminate with respect to such Party, following which the provisions of Section 5.4(a) shall apply.
The Parties acknowledge and agree that S▇▇▇▇▇▇▇ & C▇▇▇▇▇▇▇ (Hong Kong) LLP (“S&C”) has been engaged as counsel for U.S. legal matters to the Consortium, with S&C also acting as counsel for U.S. legal matters to the Parties.
The Parties further agree to engage a Cayman Islands counsel and, if necessary, a tax advisor to the Consortium.
The Parties may from time to time, in their sole discretion, engage additional such advisors (collectively, “Advisors”) to represent the Consortium in connection with the Transaction.