Reserved Decisions definition
Examples of Reserved Decisions in a sentence
Decisions of the Board under sub-clauses (a) and (f) of Clause 6.4. shall be referred to "Reserved Decisions".
Decisions of the Board under sub-clauses (a), (f), (m)(if not a pro rata issue and not an issue falling under Clause 6.4(h)), and (n) of Clause 6.4 shall be referred to as "Reserved Decisions".
Provided HTIL and any of its associated companies , in aggregate is the largest single shareholder, and directly or indirectlyhold at least 40% of the issued share capital of HoldCo, decisions under clause (i), (vi), (ix) and (xi) will be treated as Reserved Decisions ("Reserved Decisions").