Control Right definition

Control Right shall have the meaning set forth in Section 5.1(f).
View Source
Control Right means an enforceable contractual right to restrict, prohibit, or determine the uses of certain data.
View Source

Examples of Control Right in a sentence

  • Survival The following provisions (to the extent they appear in this Agreement) survive termination of the Agreement: "Definitions, University Intellectual Property Rights, Protection of Proprietary Rights, Payment Terms, Termination, Disclaimer, Limitation of Liability, Indemnification, Export Control, Right to Injunctive Relief and Attorney’s Fees, Governing Law, and any other provision, which by its nature is intended to survive.

  • Within 30 days following any Change of Control Repurchase Event, the Company shall deliver a notice to each Holder, in accordance with Section 1.4 of the First Supplemental Indenture, with a copy to the Trustee, which notice shall govern the terms of the Change of Control Right.

  • On or after the Control Right Exercise Date, the Required Warrant Holders shall be entitled to exercise their right to designate for nomination to the Board of Directors a number of individuals constituting a majority of the members of the Board of Directors (the "Control Rights").

  • Nothing in this SECTION 5.3(A)(V)(Y) shall preclude BSI from maintaining its right to pursue an Audit Control Right if the matter has been presented to a Tax Arbiter; provided however BSI shall lose all Audit Control Rights relating to such matter if the Tax Arbiter has delivered its determination to BSI and Purchaser and the determined amount has not been paid to Purchaser within 10 business days after such delivery.

  • Global shall exercise its Change of Control Right, if at all, by giving Xethanol written notice of its election to do so within ten (10) days of the date the applicable Change of Control Event becomes effective.

  • Within 30 days following any Change of Control Repurchase Event, the Company shall deliver a notice to each Holder, in accordance with Section 1.4 of the Fifth Supplemental Indenture, with a copy to the Trustee, which notice shall govern the terms of the Change of Control Right.

  • The Control Rights will remain in effect following the Control Right Exercise Date until the Control Right Expiration Date.

  • For the avoidance of doubt, the Preferred Member Control Right shall expire at such time as the Event of Default giving rise thereto is no longer continuing or has been waived, whereupon (x) the size of the Board will be returned to the number of members of the Board as in effect as of immediately preceding the exercise of the Preferred Member Control Right, and (y) the Preferred Control Board Members shall be deemed removed from the Board without the need for further action by the Members.

  • CED shall exercise its Change of Control Right, if at all, by giving Xethanol written notice of its election to do so within 10 days of the date the applicable Change of Control Event becomes effective.

  • Upon receipt of such notice from Overture, Yahoo will be entitled to the right (the "Change of Control Right") to elect in writing (the "Change of Control Election") to Overture, within [*] days of receipt of such notice, either the "Continue on Revised Financial Terms" option set forth in subpart (a) immediately below or the "Termination; Termination Fee" option set forth in subpart (b) * Certain information on this page has been omitted and filed separately with the Commission.

Related to Control Right

  • control room means a room on any premises which is specifically designed, built and equipped to coordinate and control an emergency situation in or on the premises in question;

  • Change of Control Repurchase Event means the occurrence of both a Change of Control and a Ratings Event.

  • control relationship means the power to exercise a controlling influence over the management or policies of a Company, unless such power is solely the result of an official position. Any person who owns beneficially, either directly or through one or more controlled companies, more than 25 per centum of the voting Securities of a Company shall be presumed to control such Company. Any person who does not so own more than 25 per centum of the voting Securities of any Company shall be presumed not to control such Company.

  • Voting Rights Triggering Event means the failure of the Company to pay dividends on the Preferred Stock with respect to six or more quarterly periods (whether or not consecutive).

  • Change of Control Redemption Date shall have the meaning set forth in Section 7.2;