Partnership Governance Committee Action definition

Partnership Governance Committee Action means any action which the Partnership Governance Committee is authorized and empowered to take in accordance with this Agreement and the Act and which is taken by the Partnership Governance Committee either (i) by action taken at a meeting of the Partnership Governance Committee duly called and held in accordance with this Agreement or (ii) by a formal written consent complying with the requirements of Section 6.5(f). In no event shall the Partnership Governance Committee be authorized to act other than by Partnership Governance Committee Action, and any action or purported action by the Partnership Governance Committee (including any authorization, consent, approval, waiver, decision or vote) not constituting a Partnership Governance Committee Action shall be null and void and of no force and effect. Each Partnership Governance Committee Action shall be binding on the Partnership.
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Partnership Governance Committee Action has the meaning specified in Section 3.6(A) of the Partnership Agreement.
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Partnership Governance Committee Action has the meaning specified in Section 3.06.(A) of the Partnership Agreement. All uses of the term "Owners Committee Action" elsewhere in Agreement are changed to the term "Partnership Governance Committee Action".
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Examples of Partnership Governance Committee Action in a sentence

  • No Partnership Governance Committee Action may be taken at any meeting at which a quorum is not present.

  • The Partnership Governance Committee may by Partnership Governance Committee Action authorize the CEO to cause the Partnership to borrow funds from third party lenders.

  • Each General Partner agrees not to exercise, or purport or attempt to exercise any authority (i) to act for or incur, create or assume any obligation, liability or responsibility on behalf of the Partnership or any other Partner, (ii) to execute any documents on behalf of, or otherwise bind, or purport or attempt to bind, the Partnership or (iii) to otherwise transact any business in the Partnership's name, in each case except pursuant to Partnership Governance Committee Action.

  • Except as expressly set forth in this Agreement, each General Partner agrees to exercise its authority to manage and control the Partnership only through Partnership Governance Committee Action.

  • Except as expressly set forth in this Agreement, each General Partner agrees that its authority to manage and control the Partnership shall be subject to the provisions hereof regarding the Managing General Partner and Partnership Governance Committee Action.

  • Except as otherwise expressly provided in this Agreement, the approval of Representatives representing a majority of the total 100 votes will be sufficient for the Partnership Governance Committee to take any Partnership Governance Committee Action.

  • Except to the extent expressly set forth in this Agreement, each General Partner agrees to exercise its authority to manage the affairs of the Partnership only through Partnership Governance Committee Action.

  • Accordingly, Partnership Governance Committee Action with respect to a Conflict Circumstance (other than a Conflict Circumstance described in Section 6.7(xx), which shall be governed by Section 6.7) shall require the approval of two Representatives of the Nonconflicted General Partner.

  • The Partnership shall be strictly limited to the Partnership Business, and the Partnership Business shall not be extended by implication or otherwise, except by express written amendment to this Agreement or by Unanimous Partnership Governance Committee Action pursuant to Section 3.8.(A).

  • The impact of this change on TransCanada's net income in first quarter 2004 and prior periods was nil.


More Definitions of Partnership Governance Committee Action

Partnership Governance Committee Action has the meaning set forth in Section 6.1.
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Related to Partnership Governance Committee Action

  • Governance Committee means the Governance Committee of the Board.

  • Nominating and Corporate Governance Committee means the nominating and corporate governance committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.

  • Nominating Committee means the nominating committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.

  • Audit Committee means the audit committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.

  • Finance Committee means the Finance Committee of the University;

  • Ethics Committee means an independent body established in a Member State in accordance with the law of that Member State and empowered to give opinions for the purposes of this Regulation, taking into account the views of laypersons, in particular patients or patients' organisations;

  • Nominations Committee means the nominations committee established pursuant to Article 100(k).

  • Nomination Committee means the nomination committee of the Board established in accordance with Article 114;

  • Nomination and Remuneration Committee means a Committee of Board of Directors of the Company, constituted in accordance with the provisions of Section 178 of the Companies Act, 2013 and the Listing Agreement.

  • 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.

  • Academic Board means the Academic Board of the University College established under paragraph 13;

  • Compliance Committee means the committee referenced under the Federated Code of Business Conduct and Ethics, consisting of, among others, the Chief Compliance Officer, the General Counsel, the Chief Audit Executive and the Chief Risk Officer.

  • Governance means rules, processes and be- havior that affect the way in which powers are exercised. The term “territorial governance” may be used to denominate the political concern to coordinate policies, programs and projects in re- lation to a specific territorial development.

  • Coordinating Committee means the committee designated and elected as provided in section 16d in connection with a township consolidation.

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

  • Managing Committee means the individual or the body of individuals entrusted or charged with the management and administration of a private educational institution and where a society, trust, or an association manages more than one such institution, includes the managing committee of each such institution;

  • OPSI Advisory Committee means the committee established under Tariff, Attachment M, section III.G.

  • Policy Committee means the body created by this Agreement to approve the budget for the Consortium, to develop cooperative approaches regarding countywide GIS and the concerns of each party, and to perform such other functions as are set forth in this Agreement.

  • Banning Committee means a Committee constituted for the purpose of these guidelines by the competent authority. The members of this Committee shall not, at any stage, be connected with the tendering process under reference.

  • Compensation Committee means the Compensation Committee of the Board.

  • Advisory Committee means the Employer's Advisory Committee as from time to time constituted.

  • Independent Board Committee means the independent board committee of the Company

  • Grievance Committee means the Grievance Committee of the Bar.

  • Sub-Committee means a committee of a committee created by the board.

  • Legislative Leadership Committee means a committee established, authorized to be established, or designated by the President of the Senate, the Minority Leader of the Senate, the Speaker of the General Assembly, or the Minority Leader of the General Assembly pursuant to N.J.S.A. 19:44A-10.1 for the purpose of receiving contributions and making expenditures.

  • Party committee means any committee organized by or authorized by the