Deadlock Event has the meaning set forth in Section 7.4(a).

Deadlock Event has the meaning given in Clause 14.1 (Deadlock Event); "Deadlock Notice" has the meaning given in Clause 14.2 (Deadlock Notice);

Deadlock Event means a failure of the ASC to reach agreement on a Material ASC Matter within the period set forth in Section 2.2 (d) hereof.

Examples of Deadlock Event in a sentence

In the event of a Deadlock Event, CBL and BCP shall negotiate in good faith for a thirty (30) day period (the “Deadlock Negotiation Period”) to resolve such Deadlock Event.

More Definitions of Deadlock Event

Deadlock Event has the meaning given to it in clause 3.1.4;

Deadlock Event shall have the meaning set forth in Section 7.8(c)(ii) hereof.

Deadlock Event has the meaning given in Clause 22

Deadlock Event means (i) the absence of a quorum at three successive meetings of the Board; (ii) if a Supermajority Decision is raised for consideration at three meetings of the Board and is not approved at any such meeting; (iii) the absence of a quorum at three successive General Meetings; or (iv) if an issue requiring approval of the Participants is raised for consideration at three General Meetings and is not approved at any such meeting.

Deadlock Event means, with respect to any Supermajority Approval Action, if (i) such matter is properly presented at two or more meetings of the Board of Managers called in accordance with the requirements of this Agreement, (ii) there is a quorum present at such meetings with respect to such matter and (iii) such matter does not receive Supermajority Approval.

Deadlock Event has the meaning given in Clause 14.1 (Deadlock Event);

Deadlock Event means the failure of CH and BH to reach agreement with regard to a Major Decision which continues for a period of at least thirty (30) calendar days following notice from either CH or BH to the other party.