Common use of Project Selection Clause in Contracts

Project Selection. The Governance Committee may delegate the authority to identify projects to be considered for financing by the Trust to the Trust Administrator, provided however that final authority to approve projects for funding will be retained by the Governance Committee. In determining the projects to be financed from the Trust, the Governance Committee shall apply the requirements of Certificate Condition 165 to determine whether project proposals are related to the ▇▇▇▇▇▇ River, Harlem River, East River or Lake Champlain, respectively, and within the purpose of the Certificate Conditions and this Agreement.

Appears in 3 contracts

Sources: Environmental Trust Governance Agreement, Environmental Trust Governance Agreement, Environmental Trust Governance Agreement