The builders failed to meet their contractual obligations.
建商没能履行合中规定的义务。
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In instances where such control does not otherwise exist by virtue of the venture capitalist's equity ownership or Board representation, control over certain corporate actions is often obtained through contractual agreement between the venture capitalist and the company.
在因为股份所有权不多或在董事会里的代表数不足而无法进行控制的情况下,风险资本家往往通过公司签订的合约获得对公司某些行动的控制。
The extent of such contractual control will vary depending upon the venture capitalist's investment in the company, although investments in excess of 20% of the total equity often carry significant veto or consent rights over certain corporate actions.
这种合约控制的范围大小取决于风险资本家在公司中的投资额。投资超过股份总数20%,往往可以使风险资本家对公司某些行动拥有相当大的否决权或同意权。