Common use of Consultation Process Clause in Contracts

Consultation Process. (i) In the event the Trustees are required to consult with the TAC and FCR pursuant to Section 2.2(e) above, the TDP, the Plan, or otherwise, the Trustees shall provide the TAC and FCR with written advance notice of the matter under consideration, and with all relevant information concerning the matter as is reasonably practicable under the circumstances. The Trustees shall also provide the TAC and FCR with such reasonable access to the Trust Professionals and other experts retained by the Talc Trust and its staff (if any) as the TAC and FCR may reasonably request during the time that the Trustees are considering such matter, and shall also provide the TAC and FCR the opportunity, at reasonable times and for reasonable periods of time, to discuss and comment on such matter with the Trustees. (ii) In determining when to take definitive action on any matter subject to the consultation process set forth in this Section 7.1(a), the Trustees shall take into consideration the time required for the TAC and FCR, if they so wish, to engage and consult with their own independent financial or investment advisors as to such matter. In any event, the Trustees shall not take definitive action on any such matter until at least thirty (30) days after providing the TAC and FCR with the initial written notice that such matter is under consideration by the Trustees, unless such period is waived by the TAC and FCR.

Consultation Process. (i) In the event the Trustees are required to consult with the TAC and FCR pursuant to Section 2.2(e) above, the TDP, the Plan, above or otherwiseon other matters as provided herein, the Trustees shall provide the TAC and FCR with written advance notice of the matter under consideration, and with all relevant information concerning the matter as is reasonably practicable under the circumstances. The Trustees shall also provide the TAC and FCR with such reasonable access to the Trust Professionals and other experts retained by the Talc PI Trust and its staff (if any) as the TAC and FCR may reasonably request during the time that the Trustees are considering such matter, and shall also provide the TAC and FCR the opportunity, at reasonable times and for reasonable periods of time, to discuss and comment on such matter with the Trustees. (ii) In determining when to take definitive action on any matter subject to the consultation process procedures set forth in this Section 7.1(a5.7(a), the Trustees shall take into consideration the time required for the TAC and FCRTAC, if they its members so wish, to engage and consult with their its own independent financial or investment advisors as to such matter. In any event, the Trustees shall not take definitive action on any such matter until at least thirty (30) days after providing the TAC and FCR with the initial written notice that such matter is under consideration by the Trustees, unless such time period is waived by the TAC and FCRTAC.

Consultation Process. (i) In the event the Trustees are Trustee(s) is required to consult with the TAC and FCR pursuant to Section 2.2(e) aboveabove or on any other matters specified herein, the TDP, the Plan, or otherwise, the Trustees shall Trustee (s)shall provide the TAC and FCR with written advance notice of the matter under consideration, and with all relevant information concerning the matter as is reasonably practicable under the circumstances. The Trustees Trustee(s) shall also provide the TAC and FCR with such reasonable access to the Trust Professionals and other experts retained by the Talc Asbestos Trust and its staff (if any) as the TAC and FCR may reasonably request during the time that the Trustees are Trustee is considering such matter, and shall also provide the TAC and FCR the opportunity, at reasonable times and for reasonable periods of time, to discuss and comment on such matter with the TrusteesTrustee. (ii) In determining when to take definitive action on any matter subject to the consultation process set forth in this Section 7.1(a6.6(a), the Trustees Trustee(s) shall take into consideration the time required for the TAC and FCR, if they he or she so wishwishes, to engage and consult with their his or her own independent financial or investment advisors as to such matter. In any event, the Trustees Trustee(s) shall not take definitive action on any such matter until at least thirty (30) days after providing the TAC and FCR with the initial written notice that such matter is under consideration by the TrusteesTrustee(s), unless such period is waived by the TAC and FCR.

Consultation Process. (i) In the event the Trustees are Trustee(s) is required to consult with the TAC and FCR pursuant to Section 2.2(e) aboveabove or on other matters as provided herein, the TDP, the Plan, or otherwise, the Trustees Trustee(s) shall provide the TAC and FCR with written advance notice of the matter under consideration, and with all relevant information concerning the matter as is reasonably practicable under the circumstances. The Trustees Trustee shall also provide the TAC and FCR with such reasonable access to the Trust Professionals and other experts retained by the Talc Asbestos Trust and its staff (if any) as the TAC and FCR may reasonably request during the time that the Trustees are Trustee(s) is considering such matter, and shall also provide the TAC and FCR the opportunity, at reasonable times and for reasonable periods of time, to discuss and comment on such matter with the TrusteesTrustee. (ii) In determining when to take definitive action on any matter subject to the consultation process procedures set forth in this Section 7.1(a5.7(a), the Trustees Trustee(s) shall take into consideration the time required for the TAC and FCRTAC, if they its members so wish, to engage and consult with their its own independent financial or investment advisors as to such matter. In any event, the Trustees Trustee(s) shall not take definitive action on any such matter until at least thirty (30) days after providing the TAC and FCR with the initial written notice that such matter is under consideration by the TrusteesTrustee, unless such time period is waived by the TAC and FCRTAC.

Consultation Process. (i) In the event the Trustees are required to consult with the TAC and FCR pursuant to Section 2.2(e) above, the TDP, the Plan, above or otherwiseon other matters as provided herein, the Trustees shall provide the TAC and FCR with written advance notice of the matter under consideration, and with all relevant information concerning the matter as is reasonably practicable under the circumstances. The Trustees shall also provide the TAC and FCR with such reasonable access to the Trust Professionals and other experts retained by the Talc PI Trust and its staff (if any) as the TAC and FCR may reasonably request during the time that the Trustees are considering such matter, and shall also provide the TAC and FCR the opportunity, at reasonable times and for reasonable periods of time, to discuss and comment on such matter with the Trustees. (ii) In determining when to take definitive action on any matter subject to the consultation process procedures set forth in this Section 7.1(a5.7(a), the Trustees shall take into consideration the time required for the TAC and FCRTAC, if they its members so wish, to engage and consult with their its own independent financial or investment advisors as to such matter. In any event, the Trustees shall not take definitive action on any such matter until at least thirty (30) days after providing the TAC and FCR with the initial written notice that such matter is under consideration by the Trustees, unless such time period is waived by the TAC and FCRTAC.