Veto Right definition

Veto Right means the right of the HR to oppose the passing of a resolution at the OTE BoD or the OTE GM, as applicable, in respect of the Veto Matters.
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Veto Right means the right of the Company pursuant to any CLO Agreement to veto or otherwise disapprove in whole or in part, any purchase or sale of any commercial loan, debt obligation or other asset of a CLO, subject to such limitations as to exercise of such right as may be specified in such CLO Agreement.
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Examples of Veto Right in a sentence

  • Subject to LP’s Veto Right under Section 4.12(e) above, if applicable, and the terms and conditions of this Agreement, OV shall have sole responsibility for engaging and concluding Program Acquirer Agreement(s) with such Program Acquirer(s), and negotiating and executing the terms of a Program acquisition by such Program Acquirer(s).

  • Any exercise of the LP Veto Right is conditioned that LP provides OV with a detailed, written explanation of its basis for concluding that the conditions for withholding its consent are present.

  • If a Stockholder Veto Right is exercised and the Selling Stockholder elects to proceed with the Disposition of its Shares, then the remaining Stockholders shall have the right to purchase the Selling Stockholder’s Shares by accepting the terms and conditions applicable to the proposed third-party purchaser.

  • In the event that Capstead exercises the Capstead Veto Right [CONFIDENTIAL MATERIAL REDACTED AND FILED SEPARATELY WITH THE COMMISSION] times during any consecutive twelve (12)-month period with respect to Target Investments, Crescent GP shall have the immediate right to terminate this Agreement and Crescent shall have no further obligation to offer Target Investments to the Investment Partnerships.

  • Capstead shall notify the General Partner of the exercise of the Capstead Veto Right within the time period set forth in Section 5.02.

  • The Member Veto Right and right of first refusal contained in this Section 12.4 shall expire upon (i) the closing of an initial public offering of securities of the Company, and (ii) upon the merger or consolidation of the Company with or into any other Person other than a transaction in which the Company Interests are not affected or the Members, as a result of the conversion of their Company Interests in such transaction, own 100% of the equity interests of the surviving or resulting entity.

  • Without prejudice to the provisions of Section 9.4.3(b) below, in relation to intra group debt in whatever form granted from the DT Group to the OTE Group, to the extent that DT demonstrates that the financial terms and conditions offered by DT are equal to or better than the financial terms and conditions offered by a third party, such intra group debt will not be subject to aforementioned related party transactions Veto Right under this Agreement.

  • Each of the remaining Members shall have the right for a period of sixty (60) days from receipt of such written offer to elect to accept such written offer on the same terms and conditions applicable to such proposed purchaser or to exercise their Member Veto Right.

  • If the remaining Stockholders decline to accept such terms and conditions, then the Stockholder who exercised the Stockholder Veto Right shall be required to accept the terms and conditions applicable to the proposed third-party purchaser.

  • If the Remaining Shareholder does not exercise its Veto Right within the above stated fifteen-day period or does not notify the Offering Party within the Response Period of its desire to exercise the Right of First Refusal or Tag Along Right, then the Offering Shareholder may freely sell its shares to the Third Party Purchaser, as long as it does so for a price that is not lower or under payment conditions that are not more favorable than those provided to the Remaining Shareholder.