Veto Rights definition

Veto Rights means any contractual or legal rights which may prevent the transfer of Relevant Assets from any Operator to the Company or any Local Subsidiary.
Veto Rights. The following decisions would require the approval the Unitholders holding 75% of the aggregate voting rights of New HoldCo: • the occurrence of any voluntary or involuntary bankruptcy, liquidation, dissolution, or winding up of New HoldCo or any of its controlled subsidiaries; • acquisitions of asset or interests in another person by New HoldCo or its controlled Subsidiaries, including by way of merger, in an amount in excess of an amount to be determined; • material amendments to the organizational documents of New HoldCo or its controlled Subsidiaries; and • appointment or removal of the Chief Executive Officer of New HoldCo
Veto Rights shall, in the entirety, be allocated among all Class A-2 Certificateholders in proportion to the then outstanding notional balances of their respective Certificates.

Examples of Veto Rights in a sentence

  • Refer to the sections entitled: “Protective Rights” and “Substantive Participating Rights” in EITF 96-16, Investor's Accounting for an Investee When the Investor Owns a Majority of the Voting Stock but the Minority Shareholder or Shareholders Have Certain Approval or Veto Rights.

  • Refer to the sections entitled: “Protective Rights” and “Substantive Participating Rights” in EITF 96-16, Investor's Accounting for an Investee When the Investor Has a Majority of the Voting Interest but the Minority Shareholder or Shareholders Have Certain Approval or Veto Rights.

  • The DISH Veto Rights are an impermissible assignment of Clearwire’s rights with respect to any amendment, termination or waiver under the EHA because the DISH Veto Rights are effectively an assignment of those rights under the EHA in violation of the EHA.

  • The Clearwire Board has not sought Sprint’s consent to amend the Clearwire Charter, nor has Sprint agreed to the DISH Veto Rights as a Clearwire stockholder.

  • Execution and delivery of the IRA will violate the EHA and Delaware law by purporting to give DISH Veto Rights over amendments to the Clearwire Charter and bylaws and the EHA, and other material transactions.

  • The clear purpose behind DISH’s demand for the DISH Board Representation Rights, DISH Veto Rights and DISH Preemptive Rights (detailed below and collectively the “DISH Governance Rights”) is to assure DISH leverage to stop any transaction that will alleviate Clearwire’s ongoing financial issues and, in doing so, trample Sprint’s rights, and Clearwire’s future.

  • If the execution of the IRA and the NPA are not enjoined, the DISH Board Representation Rights, the DISH Veto Rights and the DISH Preemptive Rights would create a period of uncertainty during which Clearwire’s stockholders will be left in limbo until this litigation is resolved.

  • Regulation 7(3)Determine whether and when to cease payment of an injury allowance payable under regulation 7(1) The Board’s policy is not to exercise this discretion at the present time.

  • For example, the DISH Veto Rights purport to provide DISH the right to veto, among other matters, changes to Clearwire’s governing documents, including any amendment to the Clearwire bylaws, the Clearwire Charter or the EHA, as well as any change of control transaction and material transactions with Sprint and any other interested party.

  • Under Delaware law, like the DISH Board Representation Rights, the DISH Veto Rights could only be validly effectuated through an amendment to the Clearwire Charter or through an agreement of the holders of a majority of Clearwire’s shares.


More Definitions of Veto Rights

Veto Rights shall have the meaning specified in Section 5.05.

Related to Veto Rights

  • Copyright and Similar Rights means copyright and/or similar rights closely related to copyright including, without limitation, performance, broadcast, sound recording, and Sui Generis Database Rights, without regard to how the rights are labeled or categorized. For purposes of this Public License, the rights specified in Section 2(b)(1)-(2) are not Copyright and Similar Rights.

  • Rights means, with respect to any Person, warrants, options, rights, convertible securities and other arrangements or commitments which obligate the Person to issue or dispose of any of its capital stock or other ownership interests.

  • Technology Rights means BOARD's rights in any technical information, know-how, processes, procedures, compositions, devices, methods, formulae, protocols, techniques, software, designs, drawings or data created by the inventor(s) listed in Exhibit I at UTMDACC before the EFFECTIVE DATE, which are not claimed in PATENT RIGHTS but that are necessary for practicing PATENT RIGHTS.

  • Background Intellectual Property Rights means Intellectual Property Rights owned, controlled or furnished by either Party other than Foreground Intellectual Property Rights.

  • Registered Intellectual Property Rights means all Intellectual Property Rights that are the subject of an application, certificate, filing, registration, or other document issued by, filed with, or recorded by, any Governmental Authority in any jurisdiction.

  • Licensed IP Rights means, collectively, the Licensed Patent Rights and the Licensed Know-How Rights.

  • Sui Generis Database Rights means rights other than copyright resulting from Directive 96/9/EC of the European Parliament and of the Council of 11 March 1996 on the legal protection of databases, as amended and/or succeeded, as well as other essentially equivalent rights anywhere in the world.

  • Licensed Intellectual Property Rights means any and all Intellectual Property Rights owned by a Third Party and licensed or sublicensed to the Company or any of its Subsidiaries or for which the Company or any of its Subsidiaries has obtained a covenant not to be sued.

  • Surface Rights means interests in the surface of lands which are used or held for use in connection with Petroleum and Natural Gas Rights or Tangibles, including (i) rights to use the surface of lands for purposes of drilling and operating oil and gas xxxxx or injection xxxxx, (ii) rights to use the surface of lands for the location of Tangibles or in connection with the operation thereof and (iii) rights to use the surface of lands to gain access to such xxxxx or such Tangibles, and including surface leases, licenses of occupation, roads, road use agreements, pipeline easements and similar rights;

  • Third Party Intellectual Property Rights means any Intellectual Property owned by a third party.

  • Joint Intellectual Property Rights means any work under the Subcontract, which:

  • Trademark Rights means all common law and other rights (but in no event any of the obligations) in and to the Trademarks in the United States and any state thereof and in foreign countries.

  • Company Intellectual Property Rights means the Intellectual Property owned or used by the Company or any Company Subsidiary.

  • Moral Rights means any right to claim authorship of an Invention, to object to or prevent the modification of any Invention, or to withdraw from circulation or control the publication or distribution of any Invention, and any similar right, existing under judicial or statutory law of any country or under any treaty, regardless of whether such right is denominated or generally referred to as a “moral right.”

  • Limited rights means the rights to use, modify, reproduce, release, perform, display, or disclose technical data, in whole or in part, within the Government. The Government may not, without the written permission of the party asserting limited rights, release or disclose the technical data outside the Government, use the technical data for manufacture, or authorize the technical data to be used by another party, except that the Government may reproduce, release, or disclose such data or authorize the use or reproduction of the data by persons outside the Government if—

  • Industrial Property Rights means all of the Company's patents, trademarks, trade names, inventions, copyrights, know-how or trade secrets, formulas and science, now in existence or hereafter developed or acquired by the Company or for its use, relating to any and all products and services which are developed, formulated and/or manufactured by the Company.

  • Intellectual Property Rights shall have the meaning ascribed to such term in Section 3.1(o).

  • Copyrights means any and all copyright rights, copyright applications, copyright registrations and like protections in each work or authorship and derivative work thereof, whether published or unpublished and whether or not the same also constitutes a trade secret, now or hereafter existing, created, acquired or held.

  • Intellectual Property Right means any patent, patent right, trademark, trademark right, trade name, trade name right, service xxxx, service xxxx right, copyright and other proprietary intellectual property right and computer program.

  • Use Rights means the license terms and terms of service for each Product published on the Licensing Site and updated from time to time. The Use Rights supersede the terms of any end user license agreement that accompanies a Product. License terms for all Products are published in the Product Terms. Terms of service for Online Services are published in the Online Services Terms.

  • Third Party Rights means the Intellectual Property of any third party;

  • Dissent Rights means the rights of dissent in respect of the Arrangement described in the Plan of Arrangement;

  • Intellectual Property Rights or IPR means copyright, rights related to or affording protection similar to copyright, rights in databases, patents and rights in inventions, semi-conductor topography rights, trade marks, rights in internet domain names and website addresses and other rights in trade or business names, designs, Know-How, trade secrets and other rights in Confidential Information; applications for registration, and the right to apply for registration, for any of the rights listed at (a) that are capable of being registered in any country or jurisdiction; and all other rights having equivalent or similar effect in any country or jurisdiction;

  • Owned Intellectual Property Rights means any and all Intellectual Property Rights owned or purported to be owned by the Company or any of its Subsidiaries.

  • Background Intellectual Property means all Intellectual Property introduced and required by either Party to give effect to their obligations under this Agreement owned in whole or in part by or licensed to either Party or their affiliates prior to the Commencement Date or developed after the Commencement Date otherwise pursuant to this Agreement;

  • Water Rights means: (1) with respect to any Person, all of such Person’s right, title and interest in and to any water stock, permits or entitlements and any other water rights related to or appurtenant to property owned or leased by such Person, and (2) with respect to any property, any water stock, permits or entitlements and any other water rights related to or appurtenant to such property.