Approval Rights definition

Approval Rights shall have the meaning set forth in Section 5(d) of this Agreement.

Approval Rights shall have the meaning set forth in Section 9.2 hereof.

Approval Rights means the rights set forth in Section 4.1 (g), (h) and (i) of the Agreement.

Examples of Approval Rights in a sentence

• City’s Approval Rights .......................................................................................

• The incurrence of any additional indebtedness (including guarantees and including renegotiations and restructurings of existing indebtedness) if, as a result thereof, the Company's Interest Expense Coverage Ratio would be less than 2.0 to 1.0. Notwithstanding anything to the contrary contained herein, the Approval Rights of SCG shall terminate and be of no further force or effect at such time as SCG Beneficially Owns less than 25% of the Common Shares outstanding.

• Any resubmission made pursuant to this Section 7.12(c) shall be subject to Review and Approval Rights of the Reviewing Party in accordance with the procedures described in Section 7.12(b) for an original submission (except that the Review and Approval Rights shall be limited to the portion previously disapproved or not confirmed), until such matter shall be Approved by the Reviewing Party.

• Any resubmission made pursuant to this Section 18.3 shall be subject to Review and Approval Rights of the Reviewing Party in accordance with the procedures described in Section 18.3 for an original submission (except that the Review and Approval Rights shall be limited to the portion previously disapproved or not confirmed), until such matter shall be Approved by the Reviewing Party.

• Subject to Consenting Creditor Approval Rights, the Debtors reserve the right to modify the Plan prior to Confirmation and seek Confirmation consistent with the Bankruptcy Code and, as appropriate, not resolicit votes on such modified Plan.

More Definitions of Approval Rights

Approval Rights means the right of KRH to approve certain actions enumerated in Section 4.3(b) of the LLC Agreement.

Approval Rights. (i) the story or other "first" writing step (including the basic setting); (ii) each draft of the screenplay, including without limitation, the final screenplay; (iii) the powers, costumes, key animation design (if applicable) and "look" of each Main Character, Subsidiary Character, Minor Character and Character Title and any other element not expressly set forth in order to ensure the consistency thereof to the Marvel Handbook or such other source reference material identified by MRI to MVL in writing prior to the commencement of development of a Picture for such Character or Character Title ("Character Integrity"); (iv) the advertising and marketing materials in order to ensure Character Integrity; (v) the creation and use of New Characters, including each New Character's powers, origin story, costume, key animation design (if applicable) and "look"; (vi) the director; (vii) the principal cast members; (viii) the use of any Trademark (as defined in the MCI Assignment Agreement); (ix) the exercise of the Co-Promotion/Commercial Tie-In Rights as set forth in Section 8 above; and (x) edits, dubs, subtitles and other alterations to the Completed Film (as defined in the Master Agreement) made in connection with the marketing, distribution or exploitation of such Completed Film solely in order to ensure Character Integrity.

Approval Rights means the rights of a Member to vote, approve, or consent to matters described in Section 4.3.

Approval Rights has the meaning set forth in Section 9.4(c).

Approval Rights. Same provisions as in the existing loan documents. Borrower will provide Lender with a detailed 3-year capital budget, which will be approved by Lender prior to closing. Borrower will continue to send Lender copies of budgets and performance results as required in the existing loan documents. Lender will have the right, at Borrower's expense, to audit the Collateral once per year.

Approval Rights. Neither the Company nor any of its subsidiaries may take certain specified actions without Metalmark’s written consent (“Metalmark Approval Rights”), which actions include the following: liquidate or otherwise dissolve the Company business, modify any organizational document, approve any operating budget for the Company after the initial two-year period, declare any dividends, amend or modify the terms of the equity interests in the Company, borrow money in excess of $1 million in aggregate, enter into or amend any related party transactions, initiate or complete the sale of the Company or any equity ownership in any subsidiary or the sale, lease or exchange of a material part of their respective assets.

Approval Rights shall have the meaning described in Section 3.1 of the Agreement.