Deadlock Resolution. (i) In the event of a Deadlock, any Shareholder may issue a written notice to the other Shareholders setting out particulars of the Deadlock and requesting consultation (“First Deadlock Notice”). Upon the receipt of a First Deadlock Notice, the Shareholders shall attempt to resolve the Deadlock promptly through good faith negotiations and consultations within a period of no longer than thirty (30) calendar days from the date of the First Deadlock Notice (“Consultation Period”).
Appears in 2 contracts
Samples: Shareholders Agreement (Nw18 HSN Holdings PLC), Shareholders Agreement (Nw18 HSN Holdings PLC)
Deadlock Resolution. (i) In the event of a Deadlock, any Shareholder may issue a written notice to the other Shareholders setting out particulars of the Deadlock and requesting consultation (“First Deadlock Notice”). Upon the receipt of a First Deadlock Notice, the Shareholders shall attempt to resolve the Deadlock promptly through good faith negotiations and consultations within a period of no longer than thirty (30) calendar days from the date of the First Deadlock Notice (“Consultation Period”).the
Appears in 2 contracts
Samples: Shareholders Agreement (Nw18 HSN Holdings PLC), Shareholders Agreement (Tv18 HSN Holdings LTD)
