Management Committee definition
Examples of Management Committee in a sentence
There will be included with a notice of meeting such material and data as may be reasonably required to enable the members of the Management Committee to determine the position they should take in respect of any vote to be made at such meeting.
If the Management Committee rejects the revised Draft Work Plan, the Management Committee shall, acting reasonably, make such further revisions to the Draft Work Plan as it considers necessary or advisable (provided that the Management Committee shall give reasonable consideration to the comments of the Operator and the Parties), and such further revised Draft Work Plan, as approved by the Management Committee shall be the Approved Work Plan binding on the parties.
The Parties may unanimously agree to abridge this notice period and any member of the Management Committee attending a meeting called with less than ten (10) Business Days’ notice shall be deemed to have waived the notice requirement unless such member states that his sole purpose for attending such meeting is to object to the lack of adequate notice.
Draft minutes of meetings of the Management Committee shall be distributed within five (5) Business Days after any meeting.
If a member of the Management Committee does not provide material comments on draft minutes or revised minutes within five (5) Business Days, then such member shall be deemed to have approved such minutes.