Common use of Authority to Vote Clause in Contracts

Authority to Vote. The representative of each Party, or in his absence his alternate representative, shall be authorised to represent and bind such Party with respect to any matter which is within the powers of the Operations Management Board and is properly brought before the Operations Management Board. Each such representative shall have a vote equal to the Participating Interest of the Party such person represents. Each alternate representative shall be entitled to attend all Operations Management Board meetings but shall have no vote at such meetings except in the absence of the representative for whom he is the alternative.

Appears in 3 contracts

Samples: www.sec.gov, resourcecontracts-nrgi.s3-us-west-2.amazonaws.com, Agreement (Kosmos Energy Ltd.)

AutoNDA by SimpleDocs

Authority to Vote. (a) The representative of each a Party, or in his absence his alternate representative, shall be authorised authorized to represent and bind such Party with respect to any matter which is within the powers of the Operations Management Board Operating Committee and is properly brought before the Operations Management Board. Each such representative shall have a vote equal to the Participating Interest of the Party such person represents. Each alternate representative shall be entitled to attend all Operations Management Board meetings but shall have no vote at such meetings except in the absence of the representative for whom he is the alternativeOperating Committee.

Appears in 1 contract

Samples: Asset Purchase Agreement (AsherXino Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!