Representation on the Management Committee Sample Clauses

Representation on the Management Committee. A Party may designate any person to represent the Party on the Management Committee. Such representative will serve until replaced by the Party by written notice or until the Party ceases to be a Party. To the extent practicable, provisions shall be made for Parties to attend and participate in meetings of the Management Committee through teleconference or other methods. In addition, with reasonable safeguards, provisions shall be made to permit Parties not physically present at a meeting to submit paper or electronic ballots and to vote by proxy. The ISO Board may assign a member of its staff to the Management Committee. The ISO staff member may participate in Committee proceedings on a non-voting basis. The Management Committee also shall make provisions for attendance at Committee meetings by representatives of the Commission and the PSC. Such representatives may participate fully in Committee proceedings on a non-voting basis. Any Party on the Management Committee and the ISO representative may appeal a Committee action to the ISO Board. An executive session of the Management Committee may be called at the discretion of the chairperson, or upon a vote of the members of the Committee representing fifty-eight (58) percent of the total votes cast.
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Representation on the Management Committee. A Party may designate any person to represent the Party on the Management Committee. Such representative will serve until replaced by the Party by written notice or until the Party ceases to be a Party. [To the extent practicable, provisions shall be made for Parties to attend and participate in meetings of the Management Committee through teleconference or other methods. In addition, with reasonable safeguards, provisions shall be made to permit Parties not physically present at a meeting to submit paper or electronic ballots and to vote by proxy.] The ISO Board may assign a member of its staff to the Management Committee. The ISO staff member may participate in committee proceedings on a non-voting basis. Any Party on the Management Committee and the ISO representative, may appeal a {committee} [Committee] action to the ISO Board. The Management Committee shall establish procedures for the review of appeals from the actions of other committees and for the suspension of actions pending appeal in appropriate circumstances. The Management Committee shall make provisions for attendance at {committee} [Committee] meetings by representatives of {FERC and the PSC. }[the Commission and the PSC. The Management Committee shall select members to act as chairperson, vice-chairperson and secretary, who shall serve terms of one (1) year and shall be eligible for re-election. The Management Committee shall meet quarterly and at such other times as the chairperson may determine. An executive session of the Management Committee may be called at the discretion of the chairperson, or upon a vote of the members of the Committee representing sixty-seven (67) percent of the total Voting Shares.]
Sample 1
Representation on the Management Committee. A Party may designate any person to represent the Party on the Management Committee. Such representative will serve until replaced by the Party by written notice or until the Party ceases to be a Party. To the extent practicable, provisions shall be made for Parties to attend and participate in meetings of the Management Committee through teleconference or other methods. In addition, with reasonable safeguards, provisions shall be made to permit Parties not physically present at a meeting to submit paper or electronic ballots and to vote by proxy. The ISO Board may assign a member of its staff to the Management Committee. The ISO staff member may participate in committee proceedings on a non-voting basis. Any Party on the Management Committee and the ISO representative, may appeal a Committee action to the ISO Board. The Management Committee shall establish procedures for the review of appeals from the actions of other committees and for the suspension of actions pending appeal in appropriate circumstances. The Management Committee shall make provisions for attendance at Committee meetings by representatives of the Commission and the PSC. The Management Committee shall select members to act as chairperson, vice-chairperson and secretary, who shall serve terms of one (1) year and shall be eligible for re-election. The Management Committee shall meet quarterly and at such other times as the chairperson may determine. An executive session of the Management Committee may be called at the discretion of the chairperson, or upon a vote of the members of the Committee representing sixty-seven (67) percent of the total Voting Shares.
Sample 1

Related to Representation on the Management Committee

  • Representations Respecting Subadvisor The Manager and the Trust agree that neither the Trust, the Manager, nor affiliated persons of the Trust or the Manager shall, except with the prior permission of the Subadvisor, give any information or make any representations or statements in connection with the sale of shares of the Series concerning the Subadvisor or the Series other than the information or representations contained in the Registration Statement, Prospectus or Statement of Additional Information for the Trust shares, as they may be amended or supplemented from time to time, or in reports or proxy statements for the Trust, or in sales literature or other promotional material approved in advance by the Subadvisor. The parties agree that, in the event that the Manager or an affiliated person of the Manager sends sales literature or other promotional material to the Subadvisor for its approval and the Subadvisor has not commented within five (5) business days, the Manager and its affiliated persons may use and distribute such sales literature or other promotional material, although, in such event, the Subadvisor shall not be deemed to have approved of the contents of such sales literature or other promotional material.

  • Limitations on the Company’s Activities (i) This Section 9(j) is being adopted in order to comply with certain provisions required in order to qualify the Company as a “special purpose” entity.

  • Engagement of Administrator The Issuer and the Owner Trustee engage the Administrator to perform the obligations of the Issuer and the Owner Trustee under the Transaction Documents as described in this Agreement, and the Administrator accepts the engagement.

  • Participant’s Representations In the event the Shares have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), at the time this Option is exercised, Participant shall, if required by the Company, concurrently with the exercise of all or any portion of this Option, deliver to the Company his or her Investment Representation Statement in the form attached hereto as Exhibit B.

  • Independent Representation Each party hereto acknowledges and agrees that it has received or has had the opportunity to receive independent legal counsel of its own choice and that it has been sufficiently apprised of its rights and responsibilities with regard to the substance of this Agreement.

  • Other Activities of Administrator Nothing herein shall prevent the Administrator or its Affiliates from engaging in other businesses or, in its or their sole discretion, from acting as an administrator for any other person or entity, or in a similar capacity therefor, even though such person or entity may engage in business activities similar to those of the Issuer, the Owner Trustee or the Indenture Trustee.

  • The Adviser’s Representations The Adviser represents, warrants and agrees that:

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