Common use of Appointment of the Operating Committee Clause in Contracts

Appointment of the Operating Committee. Not later than ten (10) months prior to the then-prevailing Scheduled Commercial Operations Date, the Parties shall establish the Operating Committee to perform the functions set out in Section 5.10. (a) Members of the Operating Committee shall have reasonable experience working on projects of a similar nature to undertake scope of work of the Operating Committee. The Operating Committee shall be comprised of six (6) members. Each Party shall designate three (3) members to represent it on the Operating Committee, and either Party may remove or replace any of its Operating Committee members at any time upon notice to the other Party. (b) The Operating Committee shall develop procedures for the holding of meetings, the keeping of minutes of meetings and the appointment and operation of sub-committees. (c) The chairmanship of the Operating Committee shall rotate each six (6) months between the Parties, and the Parties agree that the first chairman shall be nominated by the Purchaser. The chairman shall not have a casting vote. (d) Decisions of the Operating Committee shall require the unanimous approval of the members present at a meeting of the Operating Committee where a quorum of the Operating Committee members is present. A quorum of the members of the Operating Committee shall be deemed to be present where at least two (2) members representing the Purchaser and two (2) members representing the Seller are present at such meeting.

Appears in 2 contracts

Samples: Energy Purchase Agreement, Energy Purchase Agreement

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Appointment of the Operating Committee. Not later than ten (10) months prior to the then-prevailing Scheduled Commercial Operations Date, the Parties shall establish the Operating Committee to perform the functions set out in Section 5.105.11. (a) Members of the Operating Committee shall have reasonable experience working on projects of a similar nature to undertake scope of work of the Operating Committee. The Operating Committee shall be comprised of six (6) members. Each Party The Power Purchaser shall designate three two (32) member, the NTDC shall designate two (2) members and the Company shall designate two (2) members to represent it on the Operating Committee, and either each Party may remove or replace any of its Operating Committee members at any time upon notice to the other PartyParties. (b) The Operating Committee shall develop procedures for the holding of meetings, the keeping of minutes of meetings and the appointment and operation of sub-sub- committees. (c) The chairmanship of the Operating Committee shall rotate each six every four (64) months between the Parties, and the Parties agree that the first chairman shall be nominated by the Power Purchaser. The chairman shall not have a casting vote. (d) Decisions of the Operating Committee shall require the unanimous approval of the members present at a meeting of the Operating Committee where a quorum of the Operating Committee members is present. A quorum of the members of the Operating Committee shall be deemed to be present where at least two one (21) members member representing the Purchaser and two (2) members representing the Seller are each Party is present at such meeting.

Appears in 1 contract

Samples: Power Purchase Agreement

Appointment of the Operating Committee. Not later than ten (10) months prior to the then-prevailing Scheduled Commercial Operations Date, the Parties shall establish the Operating Committee to perform the functions set out in Section 5.105.11. (a) Members of the Operating Committee shall have reasonable experience working on projects of a similar nature to undertake scope of work of the Operating Committee. The Operating Committee shall be comprised of six (6) members. Each Party shall designate three (3) members to represent it on the Operating Committee, and either Party may remove or replace any of its Operating Committee members at any time upon notice to the other Party. (b) The Operating Committee shall develop procedures for the holding of meetings, the keeping of minutes of meetings and the appointment and operation of sub-committees. (c) The chairmanship of the Operating Committee shall rotate each six (6) months between the Parties, and the Parties agree that the first chairman shall be nominated by the Power Purchaser. The chairman shall not have a casting vote. (d) Decisions of the Operating Committee shall require the unanimous approval of the members present at a meeting of the Operating Committee where a quorum of the Operating Committee members is present. A quorum of the members of the Operating Committee shall be deemed to be present where at least two (2) members representing the Power Purchaser and two (2) members representing the Seller Company are present at such meeting.

Appears in 1 contract

Samples: Power Purchase Agreement

Appointment of the Operating Committee. Not (a) No later than ten thirty (1030) months prior to Days following the then-prevailing Scheduled Commercial Operations Dateoccurrence of Financial Closing, the Parties shall establish the Operating Committee to perform the functions set out forth in Section 5.105.9. (ab) Members of the Operating Committee shall have reasonable experience of working on projects of a similar nature to undertake scope of work of for undertaking the Operating Committee’s scope of work. The Operating Committee shall be comprised of six (6) members. Each Party shall designate three (3) members to represent it on the Operating Committee, and either Party may remove or replace any of its Operating Committee members at any time upon notice to the other Party. (bc) The Operating Committee shall develop procedures for the holding of meetings, the keeping of minutes of meetings thereof, and the appointment and operation of sub-committees. (cd) The chairmanship Chairmanship of the Operating Committee shall rotate each six (6) months between the Parties, and the Parties agree that the first chairman shall be nominated by the Purchaser. The chairman shall not have a casting vote. (de) Decisions of the Operating Committee shall require the unanimous approval of the members present at a meeting of the Operating Committee where a quorum of the Operating Committee members is present. A quorum of the members of the Operating Committee shall be deemed to be present where at least two (2) members representing the Purchaser and two (2) members representing the Seller are present at such meeting.

Appears in 1 contract

Samples: Energy Purchase Agreement

Appointment of the Operating Committee. Not later than ten (10) months prior to the then-prevailing Scheduled Commercial Operations Date, the Parties shall establish the Operating Committee to perform the functions set out in Section 5.10. (a) Members of the Operating Committee shall have reasonable experience working on projects of a similar nature to undertake the scope of work of the Operating Committee. . (b) The Operating Committee shall be comprised of six (6) members. Each Party shall designate three (3) members to represent it on the Operating Committee, and either Party may remove or replace any of its Operating Committee members at any time upon notice to the other Party. (bc) The Operating Committee shall develop procedures for the holding of meetings, the keeping of minutes of meetings and the appointment and operation of sub-committees. (cd) The chairmanship of the Operating Committee shall rotate each six (6) months between the Parties, and the Parties agree that the first chairman shall be nominated by the Purchaser. The chairman shall not have a casting vote. (de) Decisions of the Operating Committee shall require the unanimous approval of the members present at a meeting of the Operating Committee where a quorum of the Operating Committee members is present. A quorum of the members of the Operating Committee shall be deemed to be present where at least two (2) members representing the Purchaser and two (2) members representing the Seller are present at such meeting.

Appears in 1 contract

Samples: Energy Purchase Agreement

Appointment of the Operating Committee. Not (a) No later than ten thirty (1030) months prior to Days following the then-prevailing Scheduled Commercial Operations Dateoccurrence of Financial Closing, the Parties shall establish the Operating Committee to perform the functions set out forth in Section 5.105.9. (ab) Members of the Operating Committee shall have reasonable experience of working on projects of a similar nature to undertake scope of work of for undertaking the Operating Committee’s scope of work. The Operating Committee shall be comprised of six (6) members. Each Party shall designate three (3) members to represent it on the Operating Committee, and either Party may remove or replace any of its Operating Committee members at any time upon notice to the other Party. (bc) The Operating Committee shall develop procedures for the holding of meetings, the keeping of minutes of meetings thereof, and the appointment and operation of sub-committees. (cd) The chairmanship Chairmanship of the Operating Committee shall rotate each six (6) months between the Parties, and the Parties agree that the first chairman shall be nominated by the Purchaser. The chairman shall not have a casting vote. (de) Decisions of the Operating Committee shall require the unanimous approval of the members present at a meeting of the Operating Committee where a quorum of the Operating Committee members is present. A quorum of the members of the Operating Committee shall be deemed to be present where at least two (2) members representing the Purchaser and two (2) members representing the Seller are present at attend such meeting.

Appears in 1 contract

Samples: Energy Purchase Agreement

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Appointment of the Operating Committee. Not later than ten (10a) months prior to the then-prevailing Scheduled Commercial Operations Date, the The Parties shall establish the Operating Committee to in such manner and at such time mutually agreed between the Partiesto perform the functions set out in Section 5.10. (ab) Members of the Operating Committee shall have reasonable experience of working on projects of a similar nature to undertake scope of work of for undertaking the Operating Committee’s scope of work. The Operating Committee shall be comprised of six (6) members. Each Party shall designate three (3) members to represent it on the Operating Committee, and either Party may remove or replace any of its Operating Committee members at any time upon notice to the other Party. (bc) The Operating Committee shall develop procedures for the holding of its meetings, the keeping of minutes of meetings thereof, and the appointment and operation of sub-sub- committees. (cd) The chairmanship Chairmanship of the Operating Committee shall rotate each six (6) months between the Parties, and the Parties agree that the first chairman shall be nominated by the Purchaser. The chairman shall not have a casting vote. (de) Decisions of the Operating Committee shall require the unanimous approval of unanimity among the members present at a meeting of the Operating Committee where a quorum Committee’s meeting, in addition to fulfillment of the Operating Committee members is presentits quorum. A quorum of the members of the Operating Committee shall be deemed to be present where at least two (2) members representing the Purchaser and two (2) members representing the Seller fulfilled when there are present at such meeting.the Meeting at least two

Appears in 1 contract

Samples: Energy Purchase Agreement

Appointment of the Operating Committee. Not later than ten (10) months prior to the then-prevailing Scheduled Commercial Operations Date, the Parties shall establish the Operating Committee to perform the functions set out in Section 5.10. (a) Members of the Operating Committee shall have reasonable experience working on projects of a similar nature to undertake scope of work of the Operating Committee. The Operating Committee shall be comprised of six (6) members. Each Party shall designate three (3) members to represent it on the Operating Committee, and either Party may remove or replace any of its Operating Committee members at any time upon notice to the other Party. (b) The Operating Committee shall develop procedures for the holding of meetings, the keeping of minutes of meetings and the appointment and operation of sub-sub- committees. (c) The chairmanship of the Operating Committee shall rotate each six (6) months between the Parties, and the Parties agree that the first chairman shall be nominated by the Power Purchaser. The chairman shall not have a casting vote. (d) Decisions of the Operating Committee shall require the unanimous approval of the members present at a meeting of the Operating Committee where a quorum of the Operating Committee members is present. A quorum of the members of the Operating Committee shall be deemed to be present where at least two (2) members representing the Power Purchaser and two (2) members representing the Seller Company are present at such meeting.

Appears in 1 contract

Samples: Power Purchase Agreement

Appointment of the Operating Committee. Not later than ten (10) months prior to the then-prevailing Scheduled Commercial Operations Date, the Parties shall establish the Operating Committee to perform the functions set out in Section 5.10. (a) Members of the Operating Committee shall have reasonable experience working on projects of a similar nature to undertake the scope of work of the Operating Committee. . (b) The Operating Committee shall be comprised of six (6) members. Each Party shall designate three (3) members to represent it on the Operating Committee, and either Party may remove or replace any of its Operating Committee members at any time upon notice to the other Party. (bc) The Operating Committee shall develop procedures for the holding of meetings, the keeping of minutes of meetings and the appointment and operation of sub-sub- committees. (cd) The chairmanship of the Operating Committee shall rotate each six (6) months between the Parties, and the Parties agree that the first chairman shall be nominated by the Purchaser. The chairman shall not have a casting vote. (de) Decisions of the Operating Committee shall require the unanimous approval of the members present at a meeting of the Operating Committee where a quorum of the Operating Committee members is present. A quorum of the members of the Operating Committee shall be deemed to be present where at least two (2) members representing the Purchaser and two (2) members representing the Seller are present at such meeting.

Appears in 1 contract

Samples: Energy Purchase Agreement

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