Joint Remediation Committee definition

Joint Remediation Committee has the meaning set forth in Section II.A.2.
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Examples of Joint Remediation Committee in a sentence

  • Within fifteen (15) Business Days following the establishment of the Joint Remediation Committee, the Purchasers, in consultation with the Sellers, shall prepare and submit to the Joint Remediation Committee an initial draft of the Corrective Action Plan.

  • Each member of the Joint Remediation Committee shall have sufficient authority on the part of his or her respective party to make decisions relating to matters reviewed by the Joint Remediation Committee, and shall be approved by the other party (such approval not to be unreasonably delayed, conditioned or withheld).

  • The Joint Remediation Committee shall be responsible for overseeing the development of a mutually agreeable plan in accordance with subsection 3 below to either (i) remediate any breaches giving rise to the Major Default to the extent such breaches can be remediated and/or (ii) prevent similar breaches from recurring in the future (clauses (i) and (ii), a “Corrective Action Plan”).

  • The Sellers and the Purchasers shall cause their respective members on the Joint Remediation Committee to, and the Purchasers shall cause the Subject Matter Experts to, act in good faith in connection with the development of the Corrective Action Plan.

  • The Joint Remediation Committee shall have access to Purchaser Personnel that are primarily responsible for the area of the business relationship (such as information technology, data security or regulatory) where the breaches giving rise to the Major Default arise (such Purchaser Personnel, collectively, the “Subject Matter Experts”).

  • The parties shall work in good faith through the Joint Remediation Committee to finalize the Corrective Action Plan within fifteen (15) Business Days of the Purchasers’ submission of the initial draft of the Correct Action Plan.

  • The parties shall work in good faith through the Joint Remediation Committee to finalize the Corrective Action Plan within fifteen (15) Business Days of the Purchasers’ submission of the initial draftof the Correct Action Plan.

  • The parties shall work in good faith through the Joint Remediation Committee to finalize the Corrective Action Plan within fifteen (15) Business Days of the Purchasers' submission of the initial draft of the Correct Action Plan.

  • If the Sellers (acting reasonably) determine that the Purchasers have committed a Major Default, then, at the election of the Sellers, within three (3) Business Days of the Sellers providing the Purchasers written notice of such determination, the Sellers and the Purchasers shall establish a joint remediation committee of designated executives from the Sellers and the Purchasers ("Joint Remediation Committee") consisting of three (3) members of each of the Sellers and the Purchasers.

Related to Joint Remediation Committee

  • Steering Committee shall have the meaning set forth in Section 3.1.

  • Joint Research Committee or “JRC” has the meaning set forth in Section 3.1.1.

  • Joint Steering Committee or “JSC” has the meaning set forth in Section 3.1.

  • Operating Committee means the Operating Committee of Epoch which meets frequently and is responsible for implementing the Company’s strategy, making operational decisions and overseeing the day-to-day running of the Company.

  • Transition Committee shall have the meaning set forth in Section 2.14.

  • JDC has the meaning set forth in Section 2.2.

  • Management Committee means in the case of a Competition which is an unincorporated association, the management committee elected to manage the running of the Competition and where the Competition is incorporated it means the Board of Directors appointed in accordance with the articles of association of that company.

  • Coordination Committee means the jointly constituted PJM and NYISO committee established to administer the terms and provisions of this Agreement pursuant to Section 35.3.2.

  • Joint Committee means a committee made up of representatives of the Union and Seychelles whose functions are described in Article 12 of this Agreement;

  • JRC has the meaning set forth in Section 3.1.1.

  • Monitoring Committee means the Monitoring Committee referred to in Paragraph B of Exhibit E;

  • JSC has the meaning set forth in Section 3.1.