Deadlock Resolution Notice definition

Deadlock Resolution Notice has the meaning given in clause 13.1;
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Deadlock Resolution Notice is a notice served by one party (other than the JVC) on the other party in which the server offers, at the price for each share specified in the notice (in cash and not on deferred terms), either to sell all its shares in the JVC to the recipient of the notice (not including the JVC) or to buy all the recipient’s shares in the JVC (but not both).
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Deadlock Resolution Notice has the meaning given in Clause 20.4.1;
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Examples of Deadlock Resolution Notice in a sentence

  • If the parties are unable to resolve a deadlock within [14] days from the date the deadlock matter is referred to the chairmen under 1012.3, then either party may, within 28 days of the expiry of the [14] day period, serve a Deadlock Resolution Notice on the other.

  • If no counter-notice is served within the period of [28] days available, the recipient of the Deadlock Resolution Notice is deemed to have accepted the offer in the Deadlock Resolution Notice at the expiry of that period.

  • If both parties serve a Deadlock Resolution Notice under 1113.1, only the first Deadlock Resolution Notice to be served shall be effective.

  • If at the end of the [28] day period specified in 1113.1 neither party has served a Deadlock Resolution Notice, either party may elect by written notice served on the other party for the JVC to be wound up in accordance with 1517..

  • A Deadlock Resolution Notice is a notice served by one party on the other in which the server offers, at the price for each share specified in the notice (in cash and not on deferred terms), either to sell all its shares in the JVC to the recipient of the notice or to buy all the recipient's shares in the JVC (but not both).

  • The service of a counter-notice, or deemed acceptance of the Deadlock Resolution Notice, shall bind the parties to buy and sell the shares (as the case may be) on the terms set out in 1518..

  • The recipient of a Deadlock Resolution Notice may choose to do either of the following, at the price for each share specified in the Deadlock Resolution Notice, by serving a counter-notice within [28] days of receiving the Deadlock Resolution Notice buy all the shares in the JVC of the server of the Deadlock Resolution Notice or sell all its shares in the JVC to the server of the Deadlock Resolution Notice.


More Definitions of Deadlock Resolution Notice

Deadlock Resolution Notice has the meaning given in 1113.. Eligible Company A Director a Company A Director who would be entitled to vote on the matter at a meeting of the Board (but excluding any Company A Director whose vote is not to be counted in respect of the particular matter).
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Related to Deadlock Resolution Notice

  • Mediation Notice is defined in Section 6.2(b).

  • Initial Resolution Period As defined in Section 2.03(b).

  • Deadlock has the meaning set forth in Section 6.2(d).

  • Resolution Period has the meaning set forth in Section 2.04(c)(ii).

  • unanimous resolution means, subject to subsection (3) -

  • Resolution date means the date the funded amount, plus the

  • Final Notice shall have the meaning assigned thereto in Section 5(g)(iii) hereof.

  • Series Resolution means a resolution of the Corporation authorizing the issuance of a Series of Bonds in accordance with the terms and provisions of the General Trust Indenture, adopted by the Corporation in accordance with Section 204 of the General Trust Indenture.

  • Nomination Notice means all information and documents that a Nominating Stockholder is required to submit to the Secretary of the Corporation pursuant to Section 1.13(f).

  • Disagreement Notice has the meaning set forth in Section 2.2.3.1(b).

  • Escalation Notice has the meaning set forth in Section 8.02.

  • Dispute Notice means a written notice served by one Party on the other stating that the Party serving the notice believes that there is a Dispute;

  • Completion Notice means a notice issued by the Developer in accordance with clause 6.1.

  • resolution plan means a plan proposed by resolution applicant for insolvency resolution of the corporate debtor as a going concern in accordance with Part II;

  • Xxxx Dispute Notice means the notice issued by a Party raising a Dispute regarding a Monthly Xxxx or a Supplementary Xxxx issued by the other Party;

  • Approval Notice means, with respect to any Eligible Loan Asset, the written notice, in substantially the form attached hereto as Exhibit A, evidencing the approval by the Agent, in its sole discretion, of the conveyance of such Eligible Loan Asset by the Transferor to the Equityholder pursuant to the terms of the First Tier Purchase and Sale Agreement and by the Equityholder to the Borrower pursuant to the terms of the Second Tier Purchase and Sale Agreement and the Assignments by which the Transferor effects such conveyance.

  • Resolution Time means 1:00 p.m. New York time on the Local Business Day following the date on which the notice of the dispute is given under Paragraph 5.

  • Arbitration Notice has the meaning set forth in Section 9.13.

  • Resolution Extension Period As defined in Section 2.03(b).

  • Master Resolution means the Amended and Restated Master Resolution Establishing The University of Texas System Revenue Financing System adopted by the Board on February 14, 1991, as amended on October 8, 1993, and August 14, 1997.

  • Resolution shall have the meaning specified in Section 8(E).

  • Special Resolution means a resolution passed by a majority of not less than two-thirds (2/3) of the votes cast on that resolution.

  • Objection Notice has the meaning set forth in Section 2.3(a) of this Agreement.

  • Initial Notice shall have the meaning set forth in Section 7.1.

  • Notice of Dispute has the meaning provided in Section 2.1(f)(iii) of this Commercial Shared-Loss Agreement.

  • Superior Proposal Notice has the meaning specified in Section 5.4(1)(c).