Organization and Composition. The Participants hereby establish a Management Committee to determine overall policies, objectives, procedures, methods and actions under this Agreement. The Management Committee shall consist of two (2) members appointed by Ivanhoe and two (2) members appointed by Entree. Each Participant may appoint one or more alternates to act in the absence of a regular member. Any alternate so acting shall be deemed a member. Appointments by a Participant shall be made or changed by notice to the other members. The Participant which is the Manager shall designate one of its members to serve as the chair of the Management Committee.
Organization and Composition. The Participants hereby establish a Management Committee to determine overall policies, objectives, procedures, methods and actions under this Agreement. The Management Committee shall consist of one member appointed by each Participant, unless a Participant is reduced to a Carried Interest pursuant to Section 6.4 in which event the Management Committee shall consist only of the member appointed by the other Participant. Each Participant may appoint one or more alternates to act in the absence of a regular member. Any alternate so acting shall be deemed a member. Appointments shall be made or changed by notice to the other Participants.
Organization and Composition. The Members hereby establish a Management Committee to determine overall policies, objectives, procedures, methods and actions under this Agreement and to make all decisions in respect of Mining Operations. The Management Committee shall consist of one representative appointed by Yellowcake and one representative appointed by Strathmore. Each Member may appoint one alternate to act in the absence of a regular representative. Any alternate so acting shall be deemed a representative. Appointments by a Member shall be made or changed by notice to the other Members.
Organization and Composition. The Members hereby establish a Management Committee to determine overall policies, objectives, procedures, methods and actions under this Agreement. Except in the case of an emergency as provided for in Section 10.8, all Programs, Budgets, Project Financings and other significant matters concerning the Operations will be subject to the supervision of the Management Committee. The Management Committee shall consist of one (1) member appointed by TSVLP and one (1) member appointed by USEC. Each Member may appoint one or more alternates to act in the absence of a regular member. Any alternate so acting shall be deemed a member. Appointments shall be made or changed by notice to the other Member and to the Manager.
Organization and Composition. The Members hereby establish a Management Committee to determine overall policies, objectives, procedures, methods and actions under this Agreement. The Management Committee shall consist of member(s) appointed by XCO and member(s) appointed by XXX. Each Member may appoint one or more alternates to act in the absence of a regular member. Any alternate so acting shall be deemed a member of the Management Committee. Appointments shall be made or changed by notice to the other Member. Members of the Management Committee shall not be considered managers under the Act in such capacity, but derive all of their right, power and authority from the Members. No Member or member of the Management Committee shall have the power to bind the Company. All documents and instruments executed on behalf of the Company shall be signed by the Manager or by an officer or employee to whom the Manager has delegated the general or specific authority.
Organization and Composition. 7.2 DECISIONS................................................ 7.3 MEETINGS................................................. 7.4 ACTION WITHOUT MEETING IN PERSON......................... 7.5
Organization and Composition. The Members hereby establish a committee (the “Management Committee”) consisting of two (2) representatives (“Representatives”), of which: (i) one (1) Representative shall be appointed by Miranda; and (ii) one (1) Representative shall be appointed by GTI. A Representative of the Member that holds greater than fifty percent (50%) of the Interests of the Members shall serve as the chair of the Management Committee. Each Member may appoint one or more alternate Representatives to act in the absence of a regular Representative. Appointments of Representatives may be made or changed at any time by Notice to the other Member. Representatives shall not be considered managers under the Act, but derive all of their right, power and authority from the Members. No Member or Representative shall have the power to bind the Company or to execute documents and instruments on behalf of the Company, unless such Member or Representative also is a Manager or officer or such power and authority has been delegated by the Manager to such Member or Representative, and then only in that capacity.
Organization and Composition. Within 30 days after the execution of this Agreement, the Participants by notice to each other of their respective appointed members shall establish a Management Committee to determine overall policies, objectives, procedures, methods and actions under this Agreement. The Management Committee shall consist of three members two of which shall be appointed by Xxxxxx. Each Participant may appoint one or more alternates to act in the absence of a regular member. Any alternate so acting shall be deemed a member at the time it is acting. Appointments shall be made or changed by notice to the other Participants.
Organization and Composition. Effective on signing of this Agreement, the Parties hereby establish a management committee (the “Management Committee”) to serve as a forum through which the Parties can be engaged in the design and implementation of the Programs and Budgets for the Property and to review results therefrom from time to time. The Management Committee shall consist of four members, two appointed by each of the Participants. Each Participant may appoint one or more alternates to act in the absence of a regular member. Any alternate so acting shall be deemed a member. Appointments shall be made or changed by notice to the other Party or Participant.
Organization and Composition. Upon execution of this Agreement, the Participants shall establish a Management Committee to determine overall policies, objectives, procedures, methods and actions under this Agreement. The Management Committee shall initially consist of two (2) members appointed by NJMC and one (1) member appointed by UMS. These may change through majority vote of the Participants. Each Participant may appoint one or more alternates to act and vote in the absence of a regular member. Any alternate so acting shall be deemed a member. Appointments shall be made or changed by prior written Notice to the other Participant.
