Common use of Exclusion of a Contractor Clause in Contracts

Exclusion of a Contractor. The exclusion of a Contractor may be decided by the General Assembly by a vote at the majority of 2/3 minus the vote of the concerned Contractor and pursuant to the terms set forth in the EC Contract. The exclusion of a Contractor shall have the same consequences as a withdrawal. The abovementioned rules shall also be valid with regard to the exclusion or withdrawal of an Other entity or a Member.

Appears in 2 contracts

Sources: Consortium Agreement, Consortium Agreement

Exclusion of a Contractor. The exclusion of a Contractor may be decided by the General Assembly Governing Board by a unanimous vote at the majority of 2/3 minus the vote of the concerned Contractor and pursuant to the terms set forth in the EC Contract. The exclusion of a Contractor shall have the same consequences as a withdrawal. The abovementioned rules , except that the financial compensation shall also be valid with regard up to one hundred percent (100 %) of the exclusion or withdrawal of an Other entity or a Membercontribution previously received by this Contractor.

Appears in 2 contracts

Sources: Consortium Agreement, Consortium Agreement

Exclusion of a Contractor. The exclusion of a Contractor may be decided by the General Assembly by a unanimous vote at the majority of 2/3 minus the vote of the concerned Contractor and pursuant to the terms set forth in the EC Contract. The exclusion of a Contractor shall have has the same consequences as a withdrawal. The abovementioned rules shall also be valid with regard to the exclusion or withdrawal of an Other entity or a Member.

Appears in 1 contract

Sources: Consortium Agreement

Exclusion of a Contractor. The exclusion of a Contractor may be decided by the General Assembly by a vote at the majority of 2/3 minus the vote of the concerned Contractor and pursuant to the terms set forth in the EC Contract. The exclusion of a Contractor shall have the same consequences as a withdrawal. The abovementioned rules shall also be valid with regard to the exclusion or withdrawal of an Other entity or a Member.

Appears in 1 contract

Sources: Consortium Agreement

Exclusion of a Contractor. The exclusion of a Contractor may be decided by the General Assembly by a vote at the majority of 2/3 minus the vote of the concerned Contractor and pursuant to the terms set forth in the EC Contract. The exclusion of a Contractor shall have the same consequences as a withdrawal. The abovementioned rules shall also be valid with regard to the exclusion or withdrawal of an Other entity entitOther Entity or a Member.

Appears in 1 contract

Sources: Consortium Agreement