Joint Management Team definition

Joint Management Team or "JMT" means the committee described in Section 2.2.

Joint Management Team or "JMT" shall mean a committee consisting of three (3) official representatives appointed by each party hereto that shall be the primary vehicle for oversight, coordination and modification of the Annual Research Plans and recommendation(s) of resource reallocations in order to better meet the objectives of the Research Program.

Joint Management Team or “JMT” has the meaning set forth in Section 3.2(a).

Examples of Joint Management Team in a sentence

• No costs or expenses respecting the Joint Venture will be paid except those that have been approved by the Joint Management Team.

• In addition to the insurance to be obtained by the Joint Management Team pursuant to subsection 4.8(d), each Venturer shall effect and maintain such additional insurance as would be obtained by a prudent owner of a similar Facility having the obligations, including the indemnities, set forth in this Agreement, and shall provide to the other Venturer, upon request, proof that such insurance is in force.

• Notice of all meetings of the Joint Management Team shall be sent by mail, or be delivered personally, by telephone, by facsimile or by electronic mail, to each member not later than three (3) days before the date on which the meeting is to be held, unless notice is waived by both members.

• The doing of any act or the failure to do any act by any member of the Joint Management Team (the effect of which may cause or result in loss or damage to the Venture) if done or not done pursuant to opinion of legal counsel employed by the Joint Management Team on behalf of the Venture, shall not subject such member of the Joint Management Team to any liability.

• All in-kind contributions must be fully described, including a statement as to the dollar value of such in-kind contribution, for presentation for approval to the Joint Management Team.

More Definitions of Joint Management Team

Joint Management Team means the inter-agency work group representing the Parties that has been engaged in a process of collaborating and exploring delivery and funding options for the Project, and the establishment of which has been formalized under the MOU and this Agreement.

Joint Management Team or "JMT"............................................. 6 1.33 "Joint Patents".............................................................. 6

Joint Management Team or "JMT" means the committee described in Section 2.3.

Joint Management Team has the meaning set out in subsection 4.2.

Joint Management Team means the inter-agency work group representing the Parties that has been engaged in a process of collaborating and exploring delivery and funding options for the Project,

Joint Management Team means the joint management team established pursuant to Clause 6.4. KPI means the key performance indicators set out in Schedule 5.

Joint Management Team or "JMT" shall mean the group of senior executives nominated pursuant to Section 3.4.