Common use of Subcommittees Clause in Contracts

Subcommittees. The Operating Committee may establish such subcommittees, including technical subcommittees, as the Operating Committee may deem appropriate. The functions of such subcommittees shall be in an advisory capacity or as otherwise determined unanimously by the Parties.

Appears in 14 contracts

Sources: Asset Purchase Agreement, Asset Purchase Agreement, Joint Operating Agreement

Subcommittees. The Operating Committee may establish such subcommittees, including technical subcommittees, as the Operating Committee may deem appropriate. The functions of such subcommittees shall be in an advisory capacity or as otherwise determined unanimously by the Parties. Each Party shall have the right to appoint a representative to each subcommittee.

Appears in 9 contracts

Sources: Joint Operating Agreement, Joint Operating Agreement, Joint Operating Agreement (Bontan Corp Inc)

Subcommittees. The Operating Committee may establish such subcommittees, including technical subcommittees, as subcommittees for any purposes that the Operating Committee may deem appropriate. The functions of such subcommittees Each subcommittee shall be function in an advisory capacity to the Operating Committee or as otherwise determined unanimously by the Parties. Each Party shall have the right to appoint a representative to each subcommittee.

Appears in 3 contracts

Sources: Joint Operating Agreement (Tamboran Resources Corp), Joint Operating Agreement (CAMAC Energy Inc.), Joint Operating Agreement (Duma Energy Corp)

Subcommittees. The Operating Committee may establish such subcommittees, including technical subcommittees, as the Operating Committee may deem appropriate. The functions of such subcommittees shall be in an advisory capacity or as otherwise determined unanimously by the Parties. Each subcommittee shall appoint a chairman.

Appears in 2 contracts

Sources: Joint Operating Agreement (Drucker Industries Inc), International Joint Operating Agreement (Transatlantic Petroleum Corp)

Subcommittees. The Operating Committee may establish such subcommittees, including technical subcommittees, as the Operating Committee may deem appropriate. The functions of such subcommittees shall be in an advisory capacity or as unless determined otherwise determined unanimously by the PartiesOperator. Each Party shall have the right to appoint a representative to each subcommittee.

Appears in 1 contract

Sources: International Operating Agreement (Geoglobal Resources Inc.)

Subcommittees. The Operating Committee shall establish a technical subcommittee, a legal/regulatory subcommittee and a finance/audit subcommittee, and may establish such subcommittees, including technical subcommittees, other subcommittees as the Operating Committee may deem appropriate. The functions of such subcommittees shall be in an advisory capacity or as otherwise determined unanimously by the Parties. Each Party shall have a right to appoint one or more representatives to each subcommittee.

Appears in 1 contract

Sources: Joint Operating Agreement (BPZ Resources, Inc.)