Common use of Management and Operation Clause in Contracts

Management and Operation. 4.1 Decisions/Approvals of the Venturers. All decisions or approvals required to be made by the Venturers in relation to the Facility and the Joint Venture shall be made by the Joint Management Team by majority vote, except as otherwise contemplated herein.

Appears in 2 contracts

Sources: Joint Venture Agreement, Joint Venture Agreement

Management and Operation. 4.1 Decisions/Approvals of the Venturers. All decisions or approvals required to be made by the Venturers in relation to the Facility and the Joint Venture shall be made by the Joint Management Team by majority vote, except as otherwise contemplated hereinTeam.

Appears in 1 contract

Sources: Joint Venture Agreement