Common use of Discretionary Projects Clause in Contracts

Discretionary Projects. An amount not to exceed Thirty Million Dollars ($30,000,000) shall be for the implementation of New Projects that meet the Majority-in-Interest Threshold (“Discretionary Projects”). Discretionary Projects are exempt from Majority-in-Interest review under subsection 6.2.1.

Appears in 5 contracts

Samples: Signatory Lease and Operating Agreement, Signatory Lease and Operating Agreement, Signatory Lease and Operating Agreement

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Discretionary Projects. ‌ An amount not to exceed Thirty Million Dollars ($30,000,000) shall be for the implementation of New Projects that meet the Majority-in-Interest Threshold (“Discretionary Projects”). Discretionary Projects are exempt from Majority-in-Interest review under subsection 6.2.1.

Appears in 1 contract

Samples: Signatory Lease and Operating Agreement

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