GEXCO definition

GEXCO means the Bank's Group Executive Committee.
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Examples of GEXCO in a sentence

  • The Committee, acting expeditiously, may decide what modification to the survey, if any, should be adopted by the Committee, provided that GEXCO will not be obligated to undertake any modification that GEXCO believes, in its reasonable discretion, creates an unusual threat to life, limb or property.

  • GEXCO will promptly notify Kennecott upon completion of the Program and within a reasonable period of time will deliver to Kennecott a detailed summary of the results of the Program and all data developed by GEXCO from the Program, along with a report in reasonable detail showing the total costs incurred by GEXCO in carrying out the Program (together, the “Program Report”).

  • GEXCO will bear all costs and expenses associated with the Program.

  • The Parties agree to form a technical committee (the “Committee”) which will be charged with technical oversight and decision-making authority for the geophysical and drilling activities to be carried out by GEXCO on the Whistler Project (the “Program”) as defined in Section 4.2.3 and as set forth in Exhibit A, attached hereto and incorporated by reference.

  • Kennecott and GEXCO entered into that certain Master Strategic Alliance Agreement with an effective date of March 1, 2006 (the “MSAA”) and that certain Standardization of Back-In Rights Agreement dated as of November 4, 2005 (the “SOBIR”) under which the Parties formed Strategic Alliances for the investigation, exploration and possible development of geologic targets in various Regions (as those terms are defined in the MSAA).

  • If Kennecott elects to exercise its Back-In Rights, such exercise shall be made by Kennecott giving written notice (the “Back-In Notice”) to GEXCO, that it is exercising its Back-In Rights with respect to the Whistler Project.

  • Within 30 days from the date of Kennecott’s receipt of the Program Report, Kennecott will give to GEXCO notice of Kennecott’s election to undertake a Supplemental Program as described in Section 4.5.2.3 below or notice of Kennecott belief that the Program did not meet certain criteria set forth in Section 4.2.3 as described in Section 4.5.