Common use of Business Management Clause in Contracts

Business Management. The Venture will be directed, controlled and managed by a management committee (the "Management Committee"). Within the limits of the Purpose of the Venture and the terms of this Agreement, the Management Committee will have full authority to bind the Members in all matters relating to the direction, control and management of the Venture. Authority to bind the Venture in contract or in any third party business relation lies exclusively with Management Committee, or its delegate.

Appears in 6 contracts

Samples: Joint Venture Agreement (North Bay Resources Inc), Joint Venture Agreement (Sierra Madre Mining), Joint Venture Agreement (Amfil Technologies, Inc.)

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Business Management. The Venture venture will be directed, controlled and managed by a the management committee (committees created by the "Members herein the Financial Management Committee")Committee and the Operational Management Committee aforementioned in paragraph 6 and paragraph 20. Within the limits of the Purpose of the Venture and the terms of this Agreement, the Management Committee will have full authority to bind the Members in all matters relating to the direction, control and management of the Venture. Authority to bind the Venture in contract or in any third party business relation lies exclusively with Management Committee, or its delegate.

Appears in 2 contracts

Samples: Joint Venture Agreement (GEO JS Tech Group Corp.), Joint Venture Agreement (GEO JS Tech Group Corp.)

Business Management. The Venture will be directed, controlled and managed by a management committee (the "Management Committee"). Within the limits of the Purpose of the Venture and the terms of this Agreement, the Management Committee will have full authority to bind the Members in all matters relating to the direction, control and management of the Venture. Authority to bind the Venture in contract or in any third party business relation lies exclusively with the Management Committee, or its delegate.

Appears in 1 contract

Samples: Joint Venture Agreement

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Business Management. The Venture will be directed, controlled and managed by a management committee (the "β€œManagement Committee"”). Within the limits of the Purpose of the Venture and the terms of this Agreement, the Management Committee will have full authority to bind the Members in all matters relating to the direction, control and management of the Venture. Authority to bind the Venture in contract or in any third party business relation lies exclusively with the Management Committee, or its delegate.

Appears in 1 contract

Samples: Joint Venture Agreement (Global Crossing Airlines Group Inc.)

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