Sentence examples for control clause from inspiring English sources

It believes the change of control clause states CSC is not allowed to "unreasonably withhold" consent to the offer.

Thereafter the contract will continue on what the company calls an "at will" basis and a controversial change of control clause will be removed.

This was to avoid triggering a "change of control" clause that would have allowed BBC Worldwide, the corporation's commercial arm, to buy Telewest's 50% of UKTV.

CSC's contract with iSoft contains a "change of control" clause which gives the US firm the right to ditch iSoft if the business is sold.

One industry source suggested that the department store retailer has a change of control clause over Jane Norman, making some kind of bid almost certain.

An example of a control clause run amok can be found in a 2003 Department of Defense employment contract for pastry bakers.

"Control clauses tell you what you can and can't do at work, while coordination clauses help you align expectations," Halevy says.

In this study, clauses aimed at coordination clarifying roles, responsibilities, and so on promoted more constructive, cost-effective negotiations than control clauses, such as specifying noncompliance penalties.

In other words, coordination clauses let workers know what employers want, while control clauses tell them how to do it and, quite often, what not to do.

At least seven of those bonds contain so-called "change of control" clauses, so bondholders can get repaid early if the company gets sold.

While Hornby did not receive a payoff, executive members of the board received payments worth around £1m in total through "change of control" clauses in their contracts which paid out through the Lloyds takeover.