Examples of Project Committee in a sentence
If the Project Coordinator is changed or fails in its coordination tasks and the Project Committee has decided to replace the Project Coordinator in accordance with Section 6.5, the Project Committee shall inform Stichting LSH-TKI promptly in writing of the change or replacement of the Project Coordinator.
If the consequences of Force Majeure for the Project are not overcome within 90 (ninety) calendar days after such notification, the Project Committee may decide on transfer of tasks of the Participant concerned or to terminate the Participant’s participation in accordance with Section 3.4.
In the event that Participants disagree on whether the requested Background and/or Foreground is Needed in accordance with this Section 9.3, each of the Participants may request the Project Committee to decide the matter in accordance with Article 6.5 (d).
The Project Coordinator (or the Project Committee in the event that no Project Coordinator is appointed or if the Project Coordinator is subject to a decision of the Project Committee to replace the Project Coordinator, or to declare the Project Coordinator a Defaulting Participant ) is entitled to withhold any payments due to a Participant to be in substantial breach of its obligations under this Consortium Agreement or the PPP Subsidy Agreement.
Access Rights granted to a Defaulting Participant and such Participant's right to request Access Rights shall cease immediately upon receipt by the Defaulting Participant of the formal notice of the decision of the Project Committee to terminate its participation in the Project.