Major Decision Notice definition

Major Decision Notice shall have the meaning set forth in Section 5.1(c).
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Major Decision Notice is defined in Section 6.1(b).
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Major Decision Notice means (a) any written notice issued by the Managing Member to the other Members in which the Managing Member proposes that the Company or a Subsidiary make, undertake or approve a Major Decision and (b) any written notice issued by a Member other than the Managing Member to the other Members in which the Member issuing such notice proposes that the Company or a Subsidiary make, undertake or approve a Major Decision specified in Section 6.2(d), Section 6.2(g) and/or Section 6.2(o) (for clarity, a Member other than the Managing Member may not propose any other Major Decision).
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Examples of Major Decision Notice in a sentence

  • Except as otherwise expressly provided herein, a Member shall be deemed to have approved a matter set forth in a Major Decision Notice if more than five (5) Business Days elapse following such Member’s receipt of a Deemed Approval Notice; provided, however, no Deemed Approval Notice shall be delivered prior to the expiration of at least twenty-five (25) days following delivery of a Major Decision Notice.

  • He notes that this will be something that that generation cannot achieve, but rather thenext generations (indicating that long-term shifts are at play).ShakenThe first half of the book (titled ‘A World in Transit’) surveys the changes that are happening in the world around us.

  • Except as otherwise expressly provided in Section 11.3 with respect to certain tax matters, in the event that any action which would constitute a Major Decision is proposed by the Administrative Member, the Administrative Member shall give the VEREIT Member and the Investor Member reasonable prior written notice of such proposed Major Decision (a "Major Decision Notice") specifying the particulars thereof in reasonable detail.


More Definitions of Major Decision Notice

Major Decision Notice has the meaning set out in section 4.3; (gg) “Non-Defaulting Party” has the meaning set out in section 6.2; (hh) “Offer” has the meaning set out in section 5.2;
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Related to Major Decision Notice

  • decision notice means a written notice of a decision by the Department regarding an individual's eligibility for benefits in a program.

  • Major Decision means:

  • Major Decisions shall have the meaning given to such term or any one or more analogous terms in the Lead Securitization Servicing Agreement; provided that at any time that Note A-1 is not included in the Lead Securitization, “Major Decision” shall mean:

  • Major Decision Reporting Package With respect to any Major Decision, (a) a written report prepared by the Special Servicer describing in reasonable detail (i) the background and circumstances requiring action of the Special Servicer, (ii) the proposed course of action recommended, and (iii) information regarding any direct or indirect conflict of interest in the subject action, and (b) all information in the Special Servicer’s possession that is reasonably requested by the party receiving such Major Decision Reporting Package in order for such party to exercise any consultation or consent rights available to such party under this Agreement.

  • Step-Out Notice has the meaning given to it in Section 8.1.

  • Nomination Notice means all information and documents that a Nominating Stockholder is required to submit to the Secretary of the Corporation pursuant to Section 1.13(f).

  • Election Notice has the meaning set forth in Section 11.01(b).

  • Rectification Notice means a notice in writing that identifies a defect in a work and requires rectification of the defect within a specified period of time.

  • Consent Notice has the meaning set forth in Section 4.6(a).

  • Completion Notice means a notice issued by the Developer in accordance with clause 6.1.

  • Mediation Notice has the meaning set forth in Section 7.06(c).

  • Approval Notice means, with respect to any Eligible Loan Asset, the written notice, in substantially the form attached hereto as Exhibit A, evidencing the approval by the Administrative Agent, in its sole discretion, of the conveyance of such Eligible Loan Asset by the Transferor to the Borrower pursuant to the terms of the Purchase and Sale Agreement and the Loan Assignment by which the Transferor effects such conveyance.

  • Determination Notice is defined in Section 6.1(b)(i) of the Agreement.

  • Objection Notice has the meaning set forth in Section 2.3(a) of this Agreement.

  • Allocation Notice shall have the meaning assigned to such term in Section 11.14(i) hereof.

  • Termination Notice means the communication issued in accordance with this Agreement by one Party to the other Party terminating this Agreement;

  • key decision * means an executive decision which is likely to:

  • Disagreement Notice has the meaning set forth in Section 2.2.3.1(b).

  • Rejection Notice has the meaning specified in Section 2.05(b)(v).

  • Superior Proposal Notice has the meaning specified in Section 5.4(1)(c).

  • Opt-Out Notice has the meaning specified therefor in Section 2.02(a) of this Agreement.

  • Addition Notice With respect to the transfer of Subsequent Mortgage Loans to the Trust Fund pursuant to Section 2.08, a notice of the Depositor's designation of the Subsequent Mortgage Loans to be sold to the Trust Fund and the aggregate principal balance of such Subsequent Mortgage Loans as of the Subsequent Cut-off Date. The Addition Notice shall be given not later than three Business Days prior to the related Subsequent Transfer Date and shall be substantially in the form attached hereto as Exhibit P.

  • Acquisition Notice has the meaning set forth in Section 2.6(a).

  • Selection Notice means a notice substantially in the form set out in Part II of Schedule 3 (Requests) given in accordance with Clause 9 (Interest Periods).

  • CAFA Notice means the notice of this Settlement to be served upon State and Federal authorities as required by the Class Action Fairness Act of 2005, 28 U.S.C. § 1715.

  • Step-In Notice has the meaning set out in Section 3.1;