Examples of Consent Rights in a sentence
The record shall detail the basis for the decision, including any governing report or document that memorializes the exercising of the consent rights and shall identify the persons involved in making the TPG Applicant Consent Rights decision.
Each Partner hereby expressly consents and agrees that, whenever in this Agreement it is specified that an action may be taken upon the affirmative vote or consent of less than all of the Partners, such action may be so taken upon the concurrence of less than all of the Partners (but, in all events, only after satisfying the requisite vote or consent, including any Consent Rights pursuant to the OCG Operating Agreement) and each Partner shall be bound by the results of such action.
Second, specific to Intake documents-would you be okay if this was an acknowledgement of receipt and understanding?Families would be provided a hardcopy of Consent, Rights, etc.; after review, they look at the screen, select Yes or No and then sign in Avatar space that they have received/understand/consent (similar to below screenshot).
Notwithstanding the foregoing, the Declaration of Trust provides that CTC shall hold its CTC Consent Rights for so long as it directly or indirectly holds a majority of the Voting Units.
Subject to the Consent Rights, if the Board of Directors determines in its sole discretion that it is no longer in the best interests of the Company to continue as a partnership for U.S. federal income tax purposes, the Board of Directors may elect to treat the Company as an association or as a publicly traded partnership taxable as a corporation for U.S. federal (and applicable state) income tax purposes.