Examples of Steering Committee Majority in a sentence
The Restructuring Support Agreement may be terminated at any time with the mutual written consent of the Company and the Steering Committee Majority.
Bondholders should note that they will only be eligible to receive a share of the Consent Fee if they submit an accession letter by 23 December 2015 (or such later date as the Company and the Steering Committee Majority may agree).
This Agreement may be terminated at any time with the mutual written consent of the Company and the Steering Committee Majority.
The Consent Fee will be shared pro rata among those Consenting Bondholders that become a party to the Restructuring Support Agreement on or prior to 5: 00 p.m. (Hong Kong time) on 23 December 2015 (or such later date as the Company and the Steering Committee Majority may agree).
An amendment or waiver of a term of this Agreement (other than the Schedules hereto) that is not minor or technical shall be made only with the consent of the Company and the Steering Committee Majority, provided that if an amendment or waiver imposes a materially more onerous obligation on any Party or affects any Party materially and disproportionately in comparison to other Parties, such amendment or waiver shall not bind that Party without its written consent.
In the event that the conditions to the Rights Issue have not been satisfied on or before the Latest Time for Termination (or in the case of conditions (v) and (vi) on or before the Posting Date (or in each case, such later date as Famous Speech and the Company and the Steering Committee Majority may agree), the Underwriting Agreement shall terminate, and the Rights Issue will not proceed and consequently the Debt Restructuring will also not proceed.
The possible Rights Issue will also be conditional on the percentage by principal amount of the Senior Notes held by the Bondholders entering into the Restructuring Support Agreement exceeding 30% within 6 calendar weeks after the date of the Restructuring Support Agreement (or such later date as the Company and the Steering Committee Majority may agree).
The Board shall determine the compensation of the Directors, subject to the approval of (a) a Steering Committee Majority for so long as the Steering Committee Members satisfy the Aggregate Steering Committee Threshold (which may take the form of incentive equity compensation) or (b) Member Majority Approval, following the time that the Steering Committee Members fail to satisfy the Aggregate Steering Committee Threshold.
Leadership in the House of Representatives Minority Whip Democratic Policy CommitteeRepublican Steering Committee Majority Whip Minority Leader Committee on Rules Majority Leader Speaker Democratic Caucus Republican Conference Democratic Congressional Campaign CommitteeRepublican Congressional Campaign Committee The House is a much larger body than the Senate therefore the House relies more heavily on formal rules to function.
The Company shall provide written notice to the Consenting Noteholders (with a copy by email to xxxx.xxxxx@xxxxxxxx.xxx and xxxxx.xxxxx@xxxxxxxx.xxx) as soon as practicable after and in any event within 1 Business Day of obtaining knowledge of any of the events set out in Clause 11.1 (Automatic termination events) or Clause 11.2 (Steering Committee Majority termination events) above.