Objecting Owner definition

Objecting Owner means any Exercising Owner that delivers a written objection to the determination of Fair Value pursuant to Section 3.03(c).
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Examples of Objecting Owner in a sentence

  • Such opinion shall be final and binding on the Company and the Objecting Owner.

  • If any dispute as to Work proposed by Working Owner to Non-Working Owner(s) or any emergency Work performed by Working Owner (as above provided) arises and must be arbitrated as provided above, Working Owner and Objecting Owner agree to submit such dispute to resolution by binding arbitration as set out in this section, which result of such arbitration shall be final and binding on Working Owner and Objecting Owner.

  • If a Non-Working Owner shall properly object in writing to any proposed Work within such sixty (60) day period (the only grounds for such objections hereunder being that the cost of the Work is unreasonable or that the Work is not necessary to maintain the Improvements in the condition required in this section)(hereinafter called an “Objecting Owner”), the Working Owner and Objecting Owner shall negotiate in good faith during the twenty (20) day period following such objection to resolve such objection.

  • Neither Working Owner nor Objecting Owner shall communicate separately with any arbitrator.

  • Such award and determination by the arbitrator shall be final and binding on Working Owner and Objecting Owner and enforceable in any court of competent jurisdiction.

  • If Working Owner and Objecting Owner fail to agree during such twenty (20) day period then, the question of whether or not the proposed Work is necessary hereunder or the cost thereof is reasonable, or both, as the case may be, shall be submitted for arbitration as provided in the immediately succeeding section.

Related to Objecting Owner

  • Existing Owner means (a) with respect to and for the purpose of dealing with the Auction Agent in connection with an Auction, a Person who is a Broker-Dealer listed in the Existing Owner Registry at the close of business on the Business Day immediately preceding the Auction Date for such Auction and (b) with respect to and for the purpose of dealing with the Broker-Dealer in connection with an Auction, a Person who is a beneficial owner of Auction Rate Notes.

  • Managing Owner as used only in this Section 4.7 shall include, in addition to the Managing Owner, any other Covered Person performing services on behalf of the Trust and acting within the scope of the Managing Owner’s authority as set forth in this Trust Agreement.

  • Qualifying Owners means GIP and its Subsidiaries.

  • Majority in Interest of the Members means Members whose Percentage Interests aggregate to greater than fifty percent of the Percentage Interests of all Members.

  • Controlling ownership interested means ownership of or entitlement to more than twenty five percent of shares or capital or profits of the Company;