Equal Representation on Board Sample Clauses

Equal Representation on Board. Deadlock – In the event of a deadlock, a neutral party agreed to by a majority of the Trustees shall be appointed to consider the matter and vote to break the deadlock. A neutral party may be appointed in advance of any deadlock. If the Trustees fail at two consecutive meetings to agree on a neutral party to break the deadlock, the Trustees shall petition the United States District Court for the Eastern District of Michigan, sitting in Detroit, to appoint a neutral party. The fees and expenses of the neutral party and all expenses of any hearing or investigation the neutral party may deem necessary, including fees for any general or special legal counsel retained by the Board of Trustees, shall be paid by the Trust Fund. If the Union Trustees or Employer Trustees retain separate legal counsel to represent its or their interests, each shall bear the fees and expenses of such separate legal counsel it or they retain. The neutral party may not make any decision or finding of fact that would change or alter in any manner any provision of this Trust Agreement or that would change the tax-free status of this Trust.
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Equal Representation on Board. Deadlock -- In any decision, the Board shall act only on a vote of a majority of the Trustees. In the event of a deadlock, a neutral party agreed to by a majority of the Trustees shall be appointed to consider the matter and vote to break the deadlock. A neutral party may be appointed in advance of any deadlock. If the Trustees fail at two consecutive meetings to agree on a neutral party to break the deadlock, the Trustees shall petition the United States District Court for the Eastern District of Michigan, sitting in Detroit, to appoint a neutral party. The fees and expenses of the neutral party and all expenses of any hearing or investigation the neutral party may deem necessary, including fees for any general or special legal counsel retained by the Board of Trustees, shall be paid by the Trust Fund. If the Union, Union Trustees, Employer Associations or Employer Trustees retain separate legal counsel to represent its or their interests, each shall bear the fees and expenses of such separate legal counsel it or they retain. The neutral party may not make any decision or finding of fact that would change or alter in any manner any provision of this Trust Agreement or that would change the tax-free status of this Trust.
Sample 1
Equal Representation on Board. Deadlock – In the event of a deadlock, a neutral partyagreedtobya majority of the Trusteesshallbe appointedto consider thematter andvote to break the deadlock. Aneutral partymaybeappointed in advanceof anydeadlock. If the Trusteesfailat twoconsecutive meetings toagree ona neutralparty tobreakthedeadlock, the Trustees shall petition the United States District Court for the Eastern District of Michigan, sitting in Detroit, to appoint a neutralparty. The fees and expenses of the neutral party and all expenses of any hearing or investigation the neutralpartymaydeem necessary, includingfees for anygeneralor speciallegalcounselretainedby the Board of Trustees, shall be paid by the Trust Fund. If the Union Trustees or Employer Trustees retain separate legalcounseltorepresentits or their interests, eachshallbear thefees and expenses of such separate legalcounsel it or theyretain. The neutral partymaynot make anydecisionor findingof fact thatwould change or alter in any manner anyprovision of this Trust Agreement or thatwouldchange thetax-free status of this Trust.
Sample 1

Related to Equal Representation on Board

  • Mutual Representations Each party hereby represents and warrants to the other party as follows:

  • General Representations Each Party hereby represents and warrants to the other Party as follows:

  • Annual Representations and Certifications Any changes provided by the Offeror in paragraph (b)(2) of this provision do not automatically change the representations and certifications in XXX.

  • Limitation on Warranties Client and Spirent agree that the services are provided “as is” and “as available” and that Spirent makes no warranty as to the services. Spirent disclaims all other warranties, either express or implied, including, without limitation, warranties of merchantability and fitness for a particular purpose. Spirent does not warrant the work performed by client or third-party contractors or that any systems or operation of systems will be defect or error-free.

  • Mutual Representations and Warranties Each Party hereby represents and warrants to the other Party as follows:

  • Additional Representations Section 3 is hereby amended by adding at the end thereof the following Subparagraphs:

  • Limitation on Judicial Council 's Liability The Judicial Council will not be responsible for loss or damage to any non-Judicial Council equipment or property arising from causes beyond the Judicial Council's control. In any event, the Judicial Council's responsibility for repairs and liability for damages or loss shall be limited to that made necessary by or resulting from the negligent acts or omissions of the Judicial Council or its officers, employees, or agents. The Judicial Council will not be liable for any charges incurred in connection with this Program, or any Judicial Council activities, unless expressly provided for under this Agreement.

  • General Representations and Warranties The Contractor represents, warrants and covenants that:

  • Representation on Authority of Parties/Signatories Each person signing this Agreement represents and warrants that he or she is duly authorized and has legal capacity to execute and deliver this Agreement. Each Party represents and warrants to the other that the execution and delivery of this Agreement and the performance of such Party’s obligations hereunder have been duly authorized and that this Agreement is a valid and legal agreement binding on such Party and enforceable in accordance with its terms.

  • UNION REPRESENTATION AND COMMITTEES 7.01 (a) It is mutually agreed that where negotiations are conducted on a joint basis between any or all of the Nursing Homes in the Extendicare chain in the Province of Ontario, the Union will elect or otherwise select a negotiating committee consisting of one (1) representative from each Nursing Home.

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