Common use of Deadlock Resolution Clause in Contracts

Deadlock Resolution. (i) In the event of a Deadlock, any Shareholder may issue a written notice to the other Shareholders setting out particulars of the Deadlock and requesting consultation (“Deadlock Notice”). Upon the receipt of a Deadlock Notice, the

Appears in 2 contracts

Sources: Shareholders Agreement (Nw18 HSN Holdings PLC), Shareholders Agreement (Tv18 HSN Holdings LTD)