Unanimous Approval definition
Examples of Unanimous Approval in a sentence
The LP Committee shall be entitled to amend or adopt any new Annual Plan and adopt a new 10-Year Plan, in each case, only with the receipt of the requisite Unanimous Approval (if any); provided, that the LP Committee shall reasonably consult with (and consider in good faith the comments of) the Co-Investor Designees in connection with any material amendments and approvals thereto.
In the event the LP Committee cannot agree on any changes to any subsequent 10-Year Plan or any requisite Unanimous Approval is not obtained therefor, the budget of the JV for the first year following the expiring 10-Year Plan shall be equal to the budget set forth in the final year of the most recent approved 10-Year Plan, subject to the relevant volume and PPI escalators set forth therein.
The JV shall not permit its Subsidiaries to take any actions that would otherwise require Unanimous Approval absent receipt of such Unanimous Approval.
Except as expressly provided in this Agreement (including, for the avoidance of doubt, the Unanimous Approval Matters and Section 14.1) or as delegated by the LP Committee or as provided for in the Operations and Maintenance Agreement, no Limited Partner shall take part in or interfere in any manner with the management of the business and affairs of the JV.
Keurig USA Partner shall be permitted to cause the JV to comply with the foregoing and subject to obtaining the approval of the LP Committee and Unanimous Approval, as applicable, subject to obtaining the approval of the LP Committee and Unanimous Approval, as applicable.