Major Policy definition

Major Policy means any policy already made which is referred to in the Schedule and any policy which Council has determined, by reason of its importance, to be a Major Policy under clause 6(1);
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Examples of Major Policy in a sentence

  • Manager will, to the best of its ability, operate the Courses in accordance with the Major Policy Decisions approved by Owner.

  • The Proposed Annual Budget and six (6) month Stub Budget will specify the amount of working capital required to continue operations of the Courses for the upcoming fiscal year in light of all Major Policy Decisions; all anticipated expenses required to maintain a reasonable level of services, equipment, supplies and inventory; and all projected expenses for long term capital improvements and equipment.

  • Manager will secure Owner’s prior approval of all Major Policy Decisions.

  • When LADWP has adoption of a major policy or program, or a change in an existing major policy or program, under consideration, LADWP will provide notification in accordance with paragraphs 2.2 and 2.3, above, as early in the planning process as practicable, but in any event no later than 120 days before LADWP adopts a formal position regarding the Major Policy or Program.

  • A Trustee shall also be deemed to have attended a meeting in the event he or she spends at least four (4) hours of the day engaging in activities related to Reorganized Federal-Mogul, including attendance at its Board of Directors meetings.

  • A three-fourths (3/4) vote of the Board shall be required to approve the budget and Major Policy Decision, as defined in Section 1.23.

  • Major Policy Employees shall accumulate major illness credits at the rate of one and one-quarter (1%) days per month up to a maximum accrued credit of seventy-five (75) days.

Related to Major Policy

  • CSR Policy means a statement containing the approach and direction given by the board of a company, taking into account the recommendations of its CSR Committee, and includes guiding principles for selection, implementation and monitoring of activities as well as formulation of the annual action plan;

  • NAV Error Policy means the TRP Net Asset Value Error Policy as attached hereto as Schedule II.

  • Master Policy means the contract between the Company and the Master Policyholder to provide Life Cover to the insured member on receipt of due premiums.

  • R&W Policy means the buyer-side representation and warranty insurance policy as may be issued to Purchaser in connection with this Agreement.

  • RWI Policy has the meaning set forth in Section 6.16.