Control Rights definition
Examples of Control Rights in a sentence
The Purchaser shall bear all fees, costs and expenses in connection with any such Media Filings or dealings with third parties relating to Change of Control Rights.
Owner Trustee shall not be required, and shall have no duty or obligation, to exercise Control Rights in respect of any other matters.
The Purchaser shall keep the Sellers reasonably and timely informed of the status of any such Media Filings and dealings with third parties relating to Change of Control Rights during the Pre-Closing Period.
If Solutia fails to satisfy the Release Conditions within the time period prescribed by this Section 4(d), then the Settlement Control Rights shall immediately vest in favor of Monsanto.
Control Rights Section 3.7 of the Plan shall be deleted as the Amended Plan will provide for the satisfaction in full and the discharge and cancellation of all Claims and Policies, except that Section 3.7 shall provide for FGIC to preserve and retain the Retained Policy Claims, with payments thereunder paid to FGIC or its successors or assigns.
Such discretion (x) is in addition to the discretion given to the Owner Trustee under the other Sections of this Trust Agreement, and (y) is expressly limited to the Control Rights that, but for the provisions of this Article XII, would be held or exercisable by the Owner Participant, and does not extend to any other rights, powers or privileges in respect of the beneficial interest of the Owner Participant in the Trust Estate.
Directors elected upon exercise of the Control Rights by the Required Warrant Holders will abstain from voting on the Company's repurchase for cash consideration of Warrant B, subject to their fiduciary duties as directors of the Company.
Nothing in the following provisions, unless so expressly stated therein, is intended to limit FPL's Dispatch and Control Rights under the Agreement, including but not limited to FPL's rights set forth in Section 13.6 and defined in Section 1.21 of the Agreement.
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.
The City reserves its Flow Control Rights over the Disposal Facility.