Common use of Voting Procedure Clause in Contracts

Voting Procedure. Except as otherwise expressly provided in this Agreement, all decisions, approvals and other actions of the Operating Committee on all proposals coming before it shall be decided by the affirmative vote of Parties which are not Affiliates then having collectively at least sixty percent (60%) of the Participating Interests.

Appears in 3 contracts

Sources: Joint Operating Agreement, Joint Operating Agreement (Kosmos Energy Ltd.), Joint Operating Agreement

Voting Procedure. Except as otherwise expressly provided in this Agreement, all decisions, approvals and other actions of the Operating Committee Operations Management Board on all proposals coming before it under this Agreement shall be decided by the affirmative vote of Parties two (2) or more Parties, which are not Affiliates Affiliates, then having collectively at least sixty more than seventy six percent (6076%) of the Participating Interests.

Appears in 3 contracts

Sources: Joint Operating Agreement, Joint Operating Agreement, Joint Operating Agreement (Kosmos Energy Ltd.)

Voting Procedure. Except as otherwise expressly provided in this Agreement, all decisions, approvals and other actions of the Operating Committee on all proposals coming before it shall be decided by the affirmative vote of Parties which are not Affiliates then having collectively at least sixty percent eighty-five per cent (6085%) of the Participating Interestsvoting interests.

Appears in 2 contracts

Sources: Asset Purchase Agreement, Asset Purchase Agreement (AsherXino Corp)

Voting Procedure. Except as otherwise expressly provided in this Agreement, all decisions, approvals and other actions of the Operating Committee on all proposals coming before it under this Agreement shall be decided by the affirmative vote of Parties two (2) or more Parties, which are not Affiliates Affiliates, then having collectively at least sixty five percent (6065%) of the Participating Interests.

Appears in 2 contracts

Sources: Joint Operating Agreement (Drucker Industries Inc), International Joint Operating Agreement (Transatlantic Petroleum Corp)

Voting Procedure. Except as otherwise expressly provided in this Agreement, all decisions, approvals and other actions of the Operating Committee on all proposals coming before it shall be decided by the affirmative vote of one (1) or more Parties which are not Affiliates then having collectively at least sixty fifty and one-tenth percent (6050.10%) of the Participating Interests.

Appears in 1 contract

Sources: Operating Agreement (Refinery Science Corp)

Voting Procedure. Except as otherwise expressly provided in this Agreement, all decisions, approvals and other actions of the Operating Committee on all proposals coming before it under this Agreement shall be decided by the affirmative vote of Parties __________ (2) or more Parties, which are not Affiliates Affiliates, then having collectively at least sixty ___________ percent (6065%) of the Participating Interests.

Appears in 1 contract

Sources: International Joint Venture Operating Agreement (Abacan Resource Corp)

Voting Procedure. Except as otherwise expressly provided in this Agreement, all decisions, approvals approvals, and other actions of the Operating Committee on all proposals (other than proposals on matters reserved to the Parties) coming before it shall be decided by the affirmative vote of two (2) or more Parties which that are not Affiliates then having collectively at least sixty 75 percent (6075%) of the Participating Interests.

Appears in 1 contract

Sources: Joint Operating Agreement (Duma Energy Corp)

Voting Procedure. A Except as otherwise expressly provided in this Agreement, all decisions, approvals approvals, and other actions of the Operating Committee on all proposals (other than proposals on matters reserved to the Parties) coming before it shall be decided by the affirmative vote of two (2) or more Parties which that are not Affiliates then having collectively at least sixty five percent (6065%) of the Participating Interests.

Appears in 1 contract

Sources: Joint Operating Agreement (Discovery Energy Corp.)