Delegation and Contracts with Related Parties. (a) The Partners acknowledge that the General Partners (acting through the Partnership Governance Committee) are permitted to delegate responsibility for day-to-day operations of the Partnership to officers and employees of the Partnership.
Appears in 9 contracts
Samples: Lease Agreement (Equistar Chemicals Lp), Lease Agreement (Lyondell Chemical Co), Lease Agreement (Equistar Funding Corp)
Delegation and Contracts with Related Parties. (a) The Partners acknowledge that the Managing General Partners Partner (acting through acting, to the extent required, pursuant to Partnership Governance Committee Action) and the Partnership Governance Committee) Committee are permitted to delegate responsibility for day-to-day operations of the Partnership to officers and employees of the Partnership.
Appears in 5 contracts
Samples: Agreement (Millennium Chemicals Inc), Lease Agreement (Equistar Chemicals Lp), Lease Agreement (Millennium Chemicals Inc)
Delegation and Contracts with Related Parties. (a) The Partners acknowledge that the General Partners Partner and Geon LP (acting through the Partnership Governance Committee) are permitted to delegate responsibility for day-to-day operations of the Partnership to officers and employees of the Partnership.
Appears in 1 contract
