Technical Committee definition
Examples of Technical Committee in a sentence
At the request of Technical Committee, Trustee will grant proxies required to those individuals appointed by Technical Committee to appear on behalf of Trustee and exercise Voting Rights; on the understanding that the Attorney-in-fact will vote always in accordance with the provisions of the immediately prior paragraph or in the sense instructed in the same proxy letter.
Trustee must receive from every meeting, through the Chairman and Secretary of Technical Committee, a copy of the meeting’s minutes and, as applicable, pertinent instructions when any resolution to be executed by Trustee has been adopted.
In cases in which the Technical Committee approves a Transfer of Trust Beneficiary Rights, the respective transfer will be subject to execution and delivery by acquirors to Trustee a Joinder Instrument.
The Secretary will be appointed, removed and replaced by majority of votes of the Technical Committee.
Should Technical Committee Secretary fail to attend at any Technical Committee meeting, the Secretary appointed at the meeting will send pertinent meetings to Technical Committee Secretary for transcription in the minutes book.