Delegated Authority. Each member of the Partnership Board will have delegated authority from his/her Partner, through that Partner’s own governance structure and schemes of delegation, to take decisions relating to the management of the Individual Schemes and Pooled Fund. These include, but are not limited to, determining commitments which exceed or are reasonably likely to result in an Overspend provided that the members of the Partnership Board can only authorise commitments in accordance with the risk sharing arrangements set out in the relevant Agreement.
Appears in 3 contracts
Samples: Information Sharing Agreement, Information Sharing Agreement, Information Sharing Agreement
Delegated Authority. Each member of the Partnership Board will have delegated authority from his/her Partner, through that Partner’s own governance structure and schemes of delegation, to take decisions relating to the management of the Individual Schemes and Pooled Fund. These include, but are not limited to, determining commitments which exceed or are reasonably likely to result in an Overspend provided that 153155 the members of the Partnership Board can only authorise authorize commitments in accordance with the risk sharing arrangements set out in the relevant Agreement.
Appears in 1 contract
Samples: Information Sharing Agreement
