Common use of Management Decisions and the Role of Board of Directors Clause in Contracts

Management Decisions and the Role of Board of Directors. The rights and obligations of SCPPA under the Project Agreements shall be subject to the ultimate control at all times of the Board of Directors. Project Participants shall be entitled to participate in the decisions of the Board of Directors with respect to SCPPA’s rights and interests in the Facility and the Project as provided in Section 6.1 herein. SCPPA through the Board of Directors shall have, in addition to the duties and responsibilities set forth elsewhere in this Agreement, the following duties and responsibilities, among others:

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Sales Agreement

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Management Decisions and the Role of Board of Directors. The To the extent not provided for under the Buyers Joint Project Agreement, the rights and obligations of SCPPA under the Project Agreements shall be subject to the ultimate control at all times of the Board of Directors. Project Participants Purchaser shall be entitled to participate in the decisions of the Board of Directors with respect to SCPPA’s rights and interests in the Facility and with respect to the Project as provided in this Section 6.1 herein6.3. SCPPA through the Board of Directors shall have, in addition to the duties and responsibilities set forth elsewhere in this Agreement, the following duties and responsibilities, among others:

Appears in 2 contracts

Samples: Sb 859 Purchase Agreement, legistarweb-production.s3.amazonaws.com

Management Decisions and the Role of Board of Directors. The To the extent not provided for under this Agreement, the rights and obligations of SCPPA under the Project Agreements shall be subject to the ultimate control at all times of the Board of Directors. Project Participants Purchaser shall be entitled to participate in the decisions of the Board of Directors with respect to SCPPA’s rights and interests in the Facility and with respect to the Project as provided in this Section 6.1 herein6.3, provided that Purchaser shall disqualify its right to participate upon assuming the status of a Defaulting Purchaser as provided in Section 11 of this Agreement. SCPPA SCPPA, through the Board of Directors shall have, in addition to the duties and responsibilities set forth elsewhere in this Agreement, the following duties and responsibilities, among others:

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

Management Decisions and the Role of Board of Directors. The To the extent not provided for under this Agreement, the rights and obligations of SCPPA under the Project Agreements shall be subject to the ultimate control at all times of the Board of Directors. Project Participants Purchaser shall be entitled to participate in the decisions of the Board of Directors with respect to SCPPA’s rights and interests in the Facility and with respect to the Project as provided in this Section 6.1 herein6.3. SCPPA through the Board of Directors shall have, in addition to the duties and responsibilities set forth elsewhere in this Agreement, the following duties and responsibilities, among others:

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

Management Decisions and the Role of Board of Directors. The To the extent not provided for under the Buyers Joint Project Agreement, the rights and obligations of SCPPA under the Project Agreements shall be subject to the ultimate control at all times of the Board of Directors. Project Participants Purchaser shall be entitled to participate in the decisions of the Board of Directors with respect to SCPPAXXXXX’s rights and interests in the Facility and with respect to the Project as provided in this Section 6.1 herein6.3. SCPPA through the Board of Directors shall have, in addition to the duties and responsibilities set forth elsewhere in this Agreement, the following duties and responsibilities, among others:

Appears in 1 contract

Samples: Power Purchase Agreement

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Management Decisions and the Role of Board of Directors. The To the extent not provided for under this Agreement, the rights and obligations of SCPPA under the Project Agreements shall be subject to the ultimate control at all times of the Board of Directors. Project Participants Purchaser shall be entitled to participate in the decisions of the Board of Directors with respect to SCPPA’s rights and interests in the Facility and with respect to the Project as provided in this Section 6.1 herein6.3, provided that Purchaser shall disqualify its right to participate upon assuming the status of a Defaulting Purchaser as provided in Section 11 of this Agreement. SCPPA through the Board of Directors shall have, in addition to the duties and responsibilities set forth elsewhere in this Agreement, the following duties and responsibilities, among others:

Appears in 1 contract

Samples: Power Sales Agreement

Management Decisions and the Role of Board of Directors. The rights and obligations of SCPPA under the Project Agreements shall be subject to the ultimate control at all times of the Board of Directors. Purchaser and the other Project Participants shall be entitled to participate in the decisions of the Board of Directors with respect to SCPPA’s rights and interests in the Facility and the Project as provided in Section 6.1 herein. SCPPA through the Board of Directors shall have, in addition to the duties and responsibilities set forth elsewhere in this Agreement, the following duties and responsibilities, among others:

Appears in 1 contract

Samples: Power Sales Agreement

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