Resolution Proposal definition

Resolution Proposal means a proposal for concluding intended or disciplinary proceedings on a no-contest basis or by settlement;
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Resolution Proposal means a proposal for concluding intended or disciplinary proceedings on a no-contest basis or by settlement referred to in paragraph 21.2 below;
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Examples of Resolution Proposal in a sentence

  • If the Class C Members shall be deemed to have elected to abstain with respect to the applicable Resolution Proposal, then (A) the Class C Members shall be neither Sellers nor Purchasers for purposes of breaking the applicable Deadlock and (B) notwithstanding Section 6.4, neither the approval nor the consent of the Class C Members shall be required with respect to the Major Decision that shall have been the subject of the applicable Resolution Proposal.

  • If neither the Class A Members nor the Class B Members shall timely exercise such option, then the applicable Resolution Proposal shall be deemed to have been withdrawn.

  • The Class C Members shall not in any event be Purchasers for purposes of breaking any Deadlock relating to any Resolution Proposal with respect to which the Class A Members and the Class B Members disagree with one another.