Common use of Vertical Clause in Contracts

Vertical. Each representative to the Executive Committee shall be fully authorized to provide any consent or approval which may be required hereunder of the Executive Committee. When the phrases "Approved by the Executive Committee" or "Approval of the Executive Committee" are used in this Agreement, such phrases shall mean approval by a majority o the representatives on the Executive Committee who shall have been designated pursuant to this Section 5.1.

Appears in 2 contracts

Sources: Operating Agreement (Vertical Computer Systems Inc), Operating Agreement (Vertical Computer Systems Inc)