Decisions of the General Assembly Sample Clauses

Decisions of the General Assembly. The General Assembly shall be free to act on its own initiative to formulate proposals and take decisions in accordance with the procedures set out herein. The following decisions shall be taken by the General Assembly: Content, finances and intellectual property rights - Proposals for changes to Annexes 1 and 2 of the Grant Agreement to be agreed by the Funding Authority - Changes to the Consortium Plan - Modifications to Attachment 1 (Background Included) - Additions to Attachment 3 (List of Third Parties for simplified transfer according to Section 8.2.2) - Additions to Attachment 4 (Identified Affiliated Entities) Evolution of the consortium - Entry of a new Party to the consortium and approval of the settlement on the conditions of the accession of such a new Party - Withdrawal of a Party from the consortium and the approval of the settlement on the conditions of the withdrawal - Identification of a breach by a Party of its obligations under this Consortium Agreement or the Grant Agreement - Declaration of a Party to be a Defaulting Party - Remedies to be performed by a Defaulting Party - Termination of a Defaulting Party’s participation in the consortium and measures relating thereto - Proposal to the Funding Authority for a change of the Coordinator - Proposal to the Funding Authority for suspension of all or part of the Project - Proposal to the Funding Authority for termination of the Project and the Consortium Agreement Appointments [Option: Agree on the Members of the Management Support Team, upon a proposal by the Coordinator.] The identification of the breach is a first step in accordance with the procedure in Section 4.2, before declaring a Party as a Defaulting Party. This option is related to optional Section 6.5 which organizes the role and the tasks of the Management Support Team. In the case of abolished tasks as a result of a decision of the General Assembly, Members shall rearrange the tasks of the Parties concerned. Such rearrangement shall take into consideration the legitimate commitments taken prior to the decisions, which cannot be cancelled.
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Decisions of the General Assembly. The General Assembly shall be free to act on its own initiative to formulate proposals and take decisions in accordance with the procedures set out herein.
Sample 1Sample 2See All (6)
Decisions of the General Assembly. The General Assembly chaired by the Co-ordinator takes decisions in accordance with the procedures set out herein. The following decisions shall be taken by the General Assembly: Content, finances and intellectual property rights Proposals for changes to Annexes 1 and 2 of the Grant Agreement to be agreed by the Funding Authority; Changes to the Consortium Plan; Modifications to Attachment 1 (Background Included); Evolution of the consortium Entry of a new Party to the consortium and approval of the settlement on the conditions of the accession of such a new Party; Withdrawal of a Party from the consortium and the approval of the settlement on the conditions of the withdrawal; Identification of a breach by a Party of its obligations under this Consortium Agreement or the Grant Agreement; Declaration of a Party to be a Defaulting Party; Remedies to be performed by a Defaulting Party; Termination of a Defaulting Party’s participation in the consortium and measures relating thereto; Proposal to the Funding Authority for suspension of all or part of the Project; Proposal to the Funding Authority for termination of the Project and the Consortium Agreement; In the case of abolished tasks as a result of a decision of the General Assembly, Members shall rearrange the tasks of the Parties concerned. Such rearrangement shall take into consideration the legitimate commitments taken prior to the decisions, which cannot be cancelled.
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Decisions of the General Assembly. (a) Subject to the Articles and Applicable Law, all actions and decisions of the General Assembly, other than actions and decisions with respect to any Shareholder Reserved Matter, shall require the affirmative vote of Shareholders holding, in the aggregate, a simple majority of the Shares represented in a duly-convened and quorate meeting of the General Assembly or a unanimous written consent, in lieu of a meeting of the General Assembly, signed by each of the Shareholders. A resolution in writing which has been signed by each of the Shareholders, in one or more instruments, shall be effective on the date of the last signature thereto.
Sample 1
Decisions of the General Assembly. The General Assembly shall be free to act on its own initiative to formulate proposals and take decisions in accordance with the procedures set out herein. The following decisions shall be taken by the General Assembly:  content, finances and intellectual property rights;  proposals for changes to Annex I of the EC­GA to be agreed by the European Commission;  changes to the Attachment 6 (Consortium Plan and the Consortium Budget) ;  withdrawals from Attachment 1 (Background included);  additions to Attachment 2 (Background excluded);  additions to Attachment 4 (Listed Affiliated Entities);  additions to Attachment 5 (List of Third Parties);  evolution of the Consortium;  entry of a new Party to the Consortium and approval of the settlement on the conditions of the accession of such a new Party;  withdrawal of a Party from the Consortium and the approval of the settlement on the conditions of the withdrawal;  declaration of a Party to be a Defaulting Party;  remedies to be performed by a Defaulting Party;  termination of a Defaulting Party’s participation in the Consortium and measures relating thereto;  proposal to the European Commission for a change of the Coordinator;  proposal to the European Commission for suspension of all or part of the Project;  proposal to the European Commission for termination of the Project and the Consortium Agreement;  appointments;  agree on the Members of the Management Support Team, upon a proposal by the Coordinator. In the case of abolished tasks as a result of a decision of the General Assembly, Members shall rearrange the tasks of the Parties concerned. Such rearrangement shall take into consideration the legitimate commitments taken prior to the decisions, which cannot be cancelled.
Sample 1

Related to Decisions of the General Assembly

  • Powers of the General Partner Subject to the limitations set forth in this Agreement, the General Partner will possess and may exercise all of the powers and privileges granted to it by the Act including, without limitation, the ownership and operation of the assets contributed to the Partnership by the Partners, by any other Law or this Agreement, together with all powers incidental thereto, so far as such powers are necessary or convenient to the conduct, promotion or attainment of the purpose of the Partnership set forth in Section 2.06.

  • Reimbursement of the General Partner (a) Except as provided in this Section 7.4 and elsewhere in this Agreement, the General Partner shall not be compensated for its services as a general partner or managing member of any Group Member.

  • Rights Obligations and Powers of the General Partner 6.1 Management of the Partnership.

  • Liability of the General Partner A. Notwithstanding anything to the contrary set forth in this Agreement, none of the General Partner nor any of its officers, directors, agents or employees shall be liable or accountable in damages or otherwise to the Partnership, any Partners or any Assignees, or their successors or assigns, for losses sustained, liabilities incurred or benefits not derived as a result of errors in judgment or mistakes of fact or law or any act or omission if the General Partner acted in good faith.

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