Common use of Contract Party or Affiliated Entity Clause in Contracts

Contract Party or Affiliated Entity. Notwithstanding Section 5.G.5, any action to enter into, terminate, or modify any contract with a Party or an entity controlled by a Party shall require the affirmative vote of the other four (4) directors. No Party’s director may vote to enter into, modify, or terminate a contract between the Authority and the Party represented by that director.

Appears in 2 contracts

Samples: Joint Powers Agreement, Joint Powers Agreement

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Contract Party or Affiliated Entity. Notwithstanding Section 5.G.5, any action to enter into, terminate, assign, or modify any contract with a Party or an entity controlled by a Party shall require the affirmative vote of the other four (44no less than five (5) directors. appointed by the other Parties. No Party’s director may vote to enter into, modify, assign, or terminate a contract between the Authority and the Party represented by bythat appointed that director.

Appears in 1 contract

Samples: Joint Powers Agreement

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Contract Party or Affiliated Entity. Notwithstanding Section 5.G.5Section6.G.5, any action to enter into, terminate, assign, or modify any contract with a Party or an entity controlled by a Party shall require the affirmative vote of directors appointed by the other four (4) directors. No Party’s director may vote to enter into, modify, or terminate a contract between the Authority and the Party represented by that director.four

Appears in 1 contract

Samples: Authority Joint Powers Agreement

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