Committee Approval definition

Committee Approval means: (i) in respect of the Operating Committee, the approval of the Operating Committee by simple majority or two-thirds majority vote of its members, as may be applicable, in accordance with the terms and conditions of Section V.B; and (ii) in respect of the Technical Committee, the approval of the Technical Committee by simple majority vote of its members in accordance with the terms and conditions of Section V.C.
Committee Approval has the meaning given to it in Section 2.2.
Committee Approval means allocation of a budget as set out in the Budget Book or as amended by any virement in line with Financial Rules through Committee,Delegated Authority or Waiver

Examples of Committee Approval in a sentence

  • Inclusion of any other forms of compensation is subject to Committee Approval.

  • Contemporaneously with the due diligence phase, the Deal Team will work with the Partnership’s legal counsel and accountants to prepare the definitive transaction documents to consummate the proposed RIA firm acquisition.Final Investment Committee Approval.

  • In the event the Financial Component of an MVP Award that would otherwise be credited exceeds 300% of Salary, the independent directors on the Board may reduce that portion of an MVP Award credited to the Participant’s MVP Bonus Bank account but not below the Committee Approval Limit.

  • Notwithstanding the foregoing, the Financial Component of an MVP Award to be credited (if positive) or charged (if negative) to a Participant’s MVP Bonus Bank for a Performance Period shall be subject to a Committee Approval Limit of 300% of the Participant’s Salary for the Plan Year.

  • For avoidance of doubt and notwithstanding anything to the contrary herein, no matter may be approved and no action taken by the Management Committee without Required Committee Approval.

  • This Section shall not be deemed to limit the liabilities and obligations of the Person to seek Board Approval or Prior Investment Committee Approval as set forth in this Agreement.

  • Compensation Committee Approval Other than as set forth in the CEO Guidelines described in the next section, all Equity Award grants must be approved in advance by the Compensation Committee.

  • The obligations of Purchaser under this Agreement are contingent upon obtaining the approval of its partnership committee ("Committee Approval").

  • The RSU Grant will vest on the final trading day of the week following Stockholder Approval and Committee Approval and will be subject to the Pubco Equity Plan and the RSU Grant award agreement.

  • For a discussion of the factors the Special Committee considered in reaching its decision, see "Special Factors--Determination of the Special Committee; Approval of the APY Board of Directors" and "Special Factors--Fairness Opinions--Opinion of APY's Financial Advisor." APPROVAL OF THE AFC BOARD OF DIRECTORS On February 19, 1997, the AFC Board approved the Merger Transactions and the Merger Agreement.


More Definitions of Committee Approval

Committee Approval means the approval of Buyer's Business Investment Committee of the terms of this Agreement and the transactions contemplated hereby.
Committee Approval means the approval of contract spend or an associated contractual matter by the appropriate Council Committee.
Committee Approval has the meaning set forth in Section 3.10.
Committee Approval. The issuance of any Commitment Letter or any other undertaking or obligation of Lender to make the Loan is subject to, among other things, the approval of its loan/credit committee. Additional Conditions: 1) Business Plan - Borrower shall submit its Business Plan, which is the financial and operating projections and business objectives for the Property during the term of the Loan. The Business Plan shall include three years of historical operating statements if available, the most recent operating statement, and proforma operating statements for the 10 years looking forward, including at the time of projected stabilization, at the end of the Initial Loan Term. The Business Plan shall also include the proposed budget for tenant improvements, leasing commissions, deferred Property maintenance and interior and exterior capital improvements including, if applicable, any proposed expansion of, or addition to, the Property. The Business Plan shall contain a brief, bullet point discussion of the steps Borrower will implement to take the Property from Loan closing to stabilization. The Loan is specifically subject to the Lender's approval of the Borrower's Business Plan in Lender's sole discretion, not to be unreasonably withheld.

Related to Committee Approval

  • Pre-approval means written notification via a pre-approval letter to Customer that Ameren Illinois has reviewed Customer's Application and determined that the project meets the program eligibility requirements for a maximum pre-approved incentive amount if the project is completed by the estimated completion date and all final application paperwork is submitted and approved.

  • Board Approval has the meaning set out in Section 2.2(a)(ii);

  • Requisite Approval means the affirmative vote of the holders of at least a majority of the shares of outstanding Company Common Stock and outstanding Company Preferred Stock voting as a single class.

  • Listing Committee the listing committee of the Stock Exchange;

  • CPUC Approval means a final and non-appealable order of the CPUC, without conditions or modifications unacceptable to the Parties, or either of them, which contains the following terms:

  • IRB approval means the determination of the IRB that the research has been reviewed and may be conducted at an institution within the constraints set forth by the IRB and by other institutional and federal requirements.

  • Nominations Committee means the nominations committee established pursuant to Article 100(k).

  • CFIUS Approval means that any of the following shall have occurred: (a) the review period under the DPA commencing on the date that a CFIUS Notice is accepted by CFIUS shall have expired and Xxx, on the one hand, and Polaris, on the other hand, shall have received written notice from CFIUS to the effect that such review has been concluded and that either the Contemplated Transactions do not constitute a “covered transaction” under the DPA or there are no unresolved national security concerns, and all action under the DPA is concluded with respect to the Contemplated Transactions, (b) an investigation under the DPA shall have been commenced after such review period and CFIUS shall have determined to conclude all action under the DPA without sending a report to the President of the United States, and Xxx, on the one hand, and Polaris, on the other hand, shall have received written notice from CFIUS that either the Contemplated Transactions do not constitute a “covered transaction” under the DPA or there are no unresolved national security concerns, and all action under the DPA is concluded with respect to the Contemplated Transactions, or (c) CFIUS shall have sent a report to the President of the United States requesting the President’s decision and either (i) the President shall have announced a decision not to take any action to suspend or prohibit the Contemplated Transactions or, (ii) the period under the DPA during which the President may announce his decision to take action to suspend, prohibit or place any limitations on the Contemplated Transactions shall have expired without any such action being threatened, announced or taken.

  • Ethics Committee means an independent body established in a Member State in accordance with the law of that Member State and empowered to give opinions for the purposes of this Regulation, taking into account the views of laypersons, in particular patients or patients' organisations;

  • Supervisory Committee means the Comisión Fiscalizadora of the Company.

  • type-approval means the procedure whereby an approval authority certifies that a type of vehicle, system, component or separate technical unit satisfies the relevant administrative provisions and technical requirements;

  • Approval means the prior written consent of the Authority and "Approve" and "Approved" shall be construed accordingly;

  • Regional Committee means the regional committee on school

  • Board Committee means those individual Directors who have been appointed by the Board of Directors with the powers and responsibilities specified in Article V and to which has been delegated any fiduciary responsibilities of the Board of Directors with respect to the Plan.

  • Transition Committee shall have the meaning set forth in Section 2.14.

  • Peer review committee means one or more persons acting in a peer review capacity who also serve as an officer, director, trustee, agent, or member of any of the following:

  • Sanctions Committee means the Committee of the United Nations Security Council which was established pursuant to paragraph 18 of United Nations Security Council Resolution ("UNSCR") 1737 (2006);

  • Nominating Committee means the nominating committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.

  • College board means the state board for community and

  • Procurement Committee means a Committee constituted by the Employer to perform the functions as such under the terms and conditions of Contract.

  • Independent Board Committee means the independent board committee of the Company

  • Audit Committee means the audit committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.

  • Compensation Committee means the Compensation Committee of the Board.

  • Medical Advisory Committee means the Medical Advisory Committee established by the Board as required by the Public Hospitals Act;

  • Supervisory Board means the individual or group of individuals that

  • New Board means the board of directors or the board of managers of Reorganized Neiman.