LMCC Structure Sample Clauses

LMCC Structure. The Trust Agreement shall address, without limitation, the following: a. Formation of a Committee to govern the LMCC consisting of up to twenty (20) Trustees, half of the Trustees shall be appointed by the City of Chicago and half of the Trustees shall be appointed by the Coalition Unions. b. Appointment by the City and Coalition of a Co-Chair and Vice-Co-chair as designated in the Trust Agreement. c. Authority of the LMCC to make recommendations and mod- ifications in the health plan expected to result in savings and cost containment. d. Establishment of a Trust Fund with contributions provided by the City of Chicago and third parties.

Related to LMCC Structure

  • Corporate Structure The corporate structure, capital structure and other material debt instruments, material accounts and governing documents of the Borrowers and their Affiliates shall be acceptable to the Administrative Agent in its sole discretion.

  • Change in Structure Except as expressly permitted under Section 6.3, no Credit Party shall, and no Credit Party shall permit any of its Subsidiaries to, amend any of its Organization Documents in any respect materially adverse to Agent or Lenders.

  • Master Feeder Structure If permitted by the 1940 Act, the Board of Trustees, by vote of a majority of the Trustees, and without a Shareholder vote, may cause the Trust or any one or more Series to convert to a master feeder structure (a structure in which a feeder fund invests all of its assets in a master fund, rather than making investments in securities directly) and thereby cause existing Series of the Trust to either become feeders in a master fund, or to become master funds in which other funds are feeders.

  • Group Structure 17.1 The Company does not have any Subsidiary nor has it at any time a member of or the beneficial owner of any shares, securities or other interest in any company or other person.

  • Management Structure Describe the overall management approach toward planning and implementing the contract. Include an organization chart for the management of the contract, if awarded.