Exclusion Right definition

Exclusion Right has the meaning set out under the sub-section headed "(c)
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Exclusion Right has the meaning set out under the section headed "1. Supplemental Agreements – Amendment and restatement of the Relevant Agreements – (c) Exclusion and Termination" above
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Exclusion Right has the meaning set forth in Section 2.08(d).
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Examples of Exclusion Right in a sentence

  • The minimum amount triggering the Exclusion Right and the amount of payment to which CKA Sub is entitled upon exercise of the Exclusion Right will be calculated by reference to the Specified Companies concerned, with each of the aggregate of the minimum amount triggering the Exclusion Right and the aggregate amount of payment to which CKA Sub is entitled upon exercise not to exceed HK$2,000 million and the CKA Consideration, respectively, as originally set out in the CKA Agreement.

  • Upon any exercise of the Exclusion Right, all rights and obligations of CKA Sub, CKH Sub and CKHH under the CKA Agreement in connection with the Specified Companies (and any other Intermediate Companies or Subject Group Companies directly or indirectly held thereby or attributable thereto) will cease immediately, save and except, among other things, the then accrued rights and obligations of the parties.

  • If the Exclusion Right is exercised in respect of all the Agreed Companies, the CKA Agreement will be terminated.

  • CKA Sub will only be entitled to exercise the Exclusion Right once.

  • The Relevant Subsidiary will only be entitled to exercise the Exclusion Right once.

  • If the Exclusion Right is exercised in respect of all the Agreed Companies, the Relevant Agreement will be terminated.

  • Upon any exercise of the Exclusion Right, all rights and obligations of the Relevant Subsidiary, CKH Sub and CKHH under the Relevant Agreement in connection with the Specified Companies (and any other Intermediate Companies or Subject Group Companies directly or indirectly held thereby or attributable thereto) will cease immediately, save and except, among other things, the then accrued rights and obligations of the parties.

  • Notwithstanding anything contained in this Agreement to the contrary, Licensee hereby acknowledges that Licensor may be unable to license a program to Licensee on the terms set forth in this Agreement due to certain arrangements between Licensor and individuals involved in the production or financing of such program that require Licensor to obtain the approval of such individuals prior to the licensing of such program ("Third Party Exclusion Right").

  • The interest of a Feeder Fund in the Partnership may, in the General Partner’s sole and absolute discretion, be treated as interests held by more than one Limited Partner for purposes of determining the appropriate treatment of such Feeder Fund in connection with any provision of this Agreement, including with respect to (a) treatment as a Defaulting Limited Partner, (b) voting of such interest, and (c) exercise of the Limited Opt-Out Right and Limited Exclusion Right.

Related to Exclusion Right

  • Termination Right have the respective meanings given in the PRA Contractual Stay Rules.

  • Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.

  • Termination Option means the option of either party to terminate a transaction in the event that the other party fails to perform a Firm obligation to deliver Gas in the case of Seller or to receive Gas in the case of Buyer for a designated number of days during a period as specified on the applicable Transaction Confirmation.

  • Conversion Right has the meaning set forth in Section 4.05(a) hereof.

  • Acceleration Right means the Participant’s right, in certain circumstances, to exercise its outstanding Option as to all or any of the Common Shares in respect of which such Option has not previously been exercised and which the Participant is entitled to exercise, including in respect of Common Shares not otherwise vested at such time;

  • Option Term means a period, if any, through which this Agreement may be or has been extended by the JBE.

  • Renewal Option has the meaning set forth in §12.1.

  • Financial Transmission Right Option means a right to receive Transmission Congestion Credits as specified in Operating Agreement, Schedule 1, section 5.2.2(c), and the parallel provisions of Tariff, Attachment K-Appendix, section 5.2.2(c).

  • Transferable development right means a right to develop and use land that

  • Termination Option Event means an event of a kind defined as such in Section 4.1, 4.2 or 4.8.

  • Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.

  • Conversion Rights means exchange of, or the rights to exchange, the Principal Amount of the Loan, or any part thereof, for fully paid and nonassessable Common Stock on the terms and conditions provided in the Debentures.

  • Option to Extend has the meaning given that term in Section 2.13.

  • First Refusal Right means the right granted to the Corporation in accordance with Article E.

  • Recapture Period means the period commencing on the Effective Date and ending on the fifth anniversary of the last date that a Project owned by the Company is Placed in Service.

  • Option Period means the period during which an Option may be exercised.

  • Tandem Appreciation Right means an Appreciation Right granted pursuant to Section 5 of this Plan that is granted in tandem with an Option Right.

  • Repurchase Option has the meaning set forth in Section 1.3(a) hereto.

  • Option means a stock option granted pursuant to the Plan.

  • License Period means the period beginning from the Commencement Date and ending on the Termination Date.

  • Free-Standing Appreciation Right means an Appreciation Right granted pursuant to Section 5 of this Plan that is not granted in tandem with an Option Right.

  • continuous supply of services means a supply of services which is provided, or agreed to be provided, continuously or on recurrent basis, under a contract, for a period exceeding three months with periodic payment obligations and includes supply of such services as the Government may, subject to such conditions, as it may, by notification, specify;

  • License Term means in respect of each Site, the period for its license to be used by the Access Seeker commencing on the Commencement Date and as stipulated in the respective SLO.

  • Call Option Period has the meaning given to it in Condition 6.04 (Call Option);

  • Incentive Distribution Right means a non-voting Limited Partner Interest issued to the General Partner, which Partnership Interest will confer upon the holder thereof only the rights and obligations specifically provided in this Agreement with respect to Incentive Distribution Rights (and no other rights otherwise available to or other obligations of a holder of a Partnership Interest). Notwithstanding anything in this Agreement to the contrary, the holder of an Incentive Distribution Right shall not be entitled to vote such Incentive Distribution Right on any Partnership matter except as may otherwise be required by law.

  • Exercised has the meaning ascribed to it in Part D of the Network Code;