Common use of Resolution of Deadlock Clause in Contracts

Resolution of Deadlock. In the event of a Deadlock Event, either Shareholder may deliver notice of a meeting of the Shareholders (an "EMERGENCY NOTICE") to the other Shareholder, and they shall immediately meet at a time and place mutually agreed upon or, if no time and place is agreeable, at VC Holding's principal place of business at 10:00 a.m. on the fifteenth (15th) day after the date of such Emergency Notice. Notwithstanding anything in this Agreement to the contrary, if either Shareholder does not attend such meeting, either Shareholder may immediately invoke the provisions of SECTION 6.4.

Resolution of Deadlock. In the event of a Deadlock Event, either Shareholder may deliver notice of a meeting of the Shareholders (an "EMERGENCY NOTICE") to the other Shareholder, and they shall immediately meet at a time and place mutually agreed upon or, if no time and place is agreeable, at VC HoldingNewco Finance's principal place of business at 10:00 a.m. on the fifteenth (15th) day after the date of such Emergency Notice. Notwithstanding anything in this Agreement to the contrary, if either Shareholder does not attend such meeting, either Shareholder may immediately invoke the provisions of SECTION 6.4.