Suspension of Voting Rights. Such Defaulting Lender shall not have the right to vote on any issue on which voting is required (other than to the extent expressly provided in Section 11.02(b)) and the Commitment of such Defaulting Lender shall not be included in determining whether the Required Lenders have taken or may take any action hereunder.
Suspension of Voting Rights. In the event any Owner is delinquent in the payment of any Assessments or other amounts due under any of the provisions of the Project Documents for a period of ninety (90) days, said Owner’s right to vote as a Member of the Association shall automatically be suspended, and shall remain suspended until all payments, including accrued interest and attorneys’ fees, are brought current.
Suspension of Voting Rights. A Defaulting Lender’s right to participate in the administration of, or decision-making rights related to, the Commitment, this Agreement or the other Loan Documents (including any consent to any amendment or waiver pursuant to Section 9.11) shall be suspended for so long as such Lender remains a Defaulting Lender; provided, however, that any waiver, amendment or modification requiring the consent of all Lenders or each affected Lender (provided the Defaulting Lender is so affected) pursuant to Section 9.11 shall continue to require the consent of the Defaulting Lender.
Suspension of Voting Rights. No Class A Member shown on the books or management accounts of the Association to be more than thirty (30) days delinquent in any payment due to the Association shall be eligible to vote, either in person or by proxy, or to be elected to the Board of Directors.
Suspension of Voting Rights. If, at any time during which any shares of the Series B Preferred Stock are outstanding, any payment owing to the Corporation under the Dividend Note, as that term is defined in the Purchase Agreement, in favor of the Corporation shall not be current, the Series B Preferred Stock shall possess none of the voting rights otherwise granted herein. The Dividend Note referred to in the foregoing paragraph are described as follows: Promissory note, dated March 8, 2007, face amount $2,000,000.00, with NewMarket Technology Acquisition Subsidiary, a Nevada corporation, as maker, and Diamond I, Inc., a Delaware corporation, as payee.
Suspension of Voting Rights. After service of a Default Notice and during the continuation of any Default, the Defaulting Shareholder and its Affiliates shall not be entitled to be represented at meetings of the Board, the Technical Committee or any sub-committee thereof or to vote thereat and all matters to be decided by those bodies (including the matters set out at Clause 17.6 (Board Decisions)) or otherwise in relation to the Company shall, to the extent permissible by Applicable Law, be decided by the Non-Defaulting Shareholder (or the Directors or members of the Technical Committee appointed by or on behalf of the Non-Defaulting Shareholder, as the case may be) in its (or their) sole discretion.
Suspension of Voting Rights. (a) If an Owner (Defaulting Owner) fails to provide an amount in respect of a Called Sum that it is required to pay pursuant to clause 3.11 of this Agreement and the Funding and Distribution Policy, being either a failure to pay a Called Sum or a failure to transfer funds or procure the transfer of funds to the JV Bank Accounts in response to a notice by the Manager to the Owner (the Unpaid Amount) within 30 days of the due date for payment, then: West Australian Iron Ore Production Joint Venture Agreement * * * Pursuant to a request for confidential treatment filed with the Securities and Exchange Commission, confidential portions of this exhibit have been omitted and filed separately with the Securities and Exchange Commission
Suspension of Voting Rights. (a) If an Owner (Defaulting Owner) fails to provide an amount in respect of a Called Sum that it is required to pay pursuant to clause 3.11 of this Agreement and the Funding and Distribution Policy, being either a failure to pay a Called Sum or a failure to transfer funds or procure the transfer of funds to the JV Bank Accounts in response to a notice by the Manager to the Owner (the Unpaid Amount) within 30 days of the due date for payment, then:
Suspension of Voting Rights. A Limited Partner or a General Partner with respect to whom a Call for Contribution pursuant to Sections 7.6 or 7.5 of this Agreement is exigible and remains unpaid shall not be entitled to vote in respect of any Unit registered in its name.
Suspension of Voting Rights. SP hereby agrees that for and during a period of five (5) years commencing the date of this Agreement (the "Time Period") all of the issued and outstanding shares of the Company stock that he now or hereafter owns and in which he now or hereafter has or will have any beneficial interest ( the "Voting Securities" ) will not during the Time Period be voted at either any meeting of the shareholders of the Company or for or against any proposal or resolution submitted to the shareholders of the Company for their consideration or adoption. 1.02
