Common use of Project Board Clause in Contracts

Project Board. 4.1 The Parties will establish a Project Board to oversee the Excellent Homes For All Project, the composition, functions and terms of reference of which are set out in this Agreement and more particularly in Schedule 4. 4.2 In the course of overseeing the project, the Project Board shall have the authority to vary the scope of the project prior to the letting of the PFI Agreement, including (but subject to clause 5.2.1 5.2.2) the allocation of Project Costs to be borne by each of the Parties, when such variation is necessitated for good and sufficient reason, including, but not limited to, the termination of this Agreement in respect of any Party or the unavailability of any suitable site(s) within the locations then specified in Schedule 2. 4.3 The Parties each undertake to co-operate with and assist the Project Board in the fulfilment of its functions under this Agreement and to fully comply with any protocols the Project Board may establish pursuant to its terms of reference.

Appears in 2 contracts

Sources: Development Agreement, Development Agreement

Project Board. 4.1 The Parties will establish a Project Board to oversee the Excellent Better Homes For All Active Lives Project, the composition, functions and terms of reference of which are set out in this Agreement and more particularly in Schedule 4. 4.2 In the course of overseeing the project, the Project Board shall have the authority right to vary the scope of the project prior to the letting of the PFI Agreement, including (but subject to clause 5.2.1 5.2.25.3.1) the allocation of Project Costs to be borne by each of the Parties, when such variation is necessitated for good and sufficient reason, including, but not limited to, the termination of this Agreement in respect of any Party or the unavailability of any suitable site(s) within the locations then specified in Schedule 2. 4.3 The Parties each undertake to co-operate with and assist the Project Board in the fulfilment of its functions under this Agreement and to fully comply with any protocols the Project Board may establish pursuant to its terms of reference.

Appears in 1 contract

Sources: Partnership Agreement