Common use of Right to Withdraw After Amendment Clause in Contracts

Right to Withdraw After Amendment. Notwithstanding Section 6.1.1, a Party may withdraw its membership in DCE following an amendment to this Agreement adopted by the Board which the Party’s Director voted against, provided such notice is given in writing within thirty (30) days following the date of the vote. Withdrawal of a Party shall require an 1. In the event of such withdrawal, the Party shall be subject to the provisions of Section 6.3.

Appears in 2 contracts

Sources: Joint Powers Agreement, Joint Powers Agreement