Completion of Agreements. 3.1 Subject to the approval of the Board of RDN and Councils of Parksville and Qualicum Beach, each of the parties will cooperate fully and take all reasonable steps to negotiate, finalize and execute all agreements, instruments and other documents contemplated by or related to this Agreement.
Completion of Agreements. (i) The Parties shall have agreed on the final lists of Transferred Assets, Assumed Liabilities, Agreed Contracts, Transferred Employees, Excluded Liabilities and Excluded Assets relevant to each Spin Off Agreement in effect as of the Closing Date.
(ii) The Parties shall have agreed on the final forms of the Business Transfer Agreements, the Inventory Purchase and Sale Agreement, the Equipment Tester Transfer Agreement, the Transition Services Agreement, the schedules to the IP Assignment Agreement and any other Ancillary Document that remains to be agreed as of the Effective Date.
Completion of Agreements. 3.1 Subject to any approval of the Councils of Vernon, Coldstream, Lumby, Spallumcheen, Armstrong, Enderby and the Board of the RDNO required by statute, each of the parties will cooperate fully and take all reasonable steps to negotiate, finalize and execute all agreements, instruments and other documents contemplated by or related to this Agreement. 4.1 There will be an Intermunicipal Emergency Operations Advisory Board (Advisory Board), composed of the CAO’s or CAO’s designates of the Parties. The CAO’s designate of a Party is that party’s alternate member of the Board to act in the absence, illness or other disability of the CAO. The powers, deliberations and decisions of the Advisory Board are subject to the Community Charter, Local Government Act and the Bylaw.
4.2 At the first meeting of the Advisory Board held after December 1 in each year, the Advisory Board must elect a chair and a vice chair. The vice chair has, during the absence, illness or other disability of the chair, all the powers of the chair and is subject to all rules applicable to the chair. If the chair and the vice chair are not present at a meeting of the Board, the members present may elect an acting chair who, during that meeting, has all the powers of the chair and is subject to all rules applicable to the chair. For the purposes of elections under this section, each member present at the meeting has one vote at each election for an office.
4.3 The function of the Advisory Board chair will be to carry out the functions and duties prescribed by the Advisory Board and, if present, to preside at meetings of the Board. The chair of the Advisory Board will be entitled to vote but will not be entitled to a second or casting vote.
Completion of Agreements. Subject to any approval of the Councils of Vernon, Coldstream, Lumby, Spallumcheen, Armstrong, Enderby and the Board of the RDNO required by statute, each of the parties will cooperate fully and take all reasonable steps to negotiate, finalize and execute all agreements, instruments and other documents contemplated by or related to this Agreement.
Completion of Agreements. Subject to clause 5.3, in order to give effect to the Rail Network Transfer, Tranz Rail and the Crown must complete:
(a) a sale and purchase agreement setting out the terms of the Rail Network Transfer, on the terms summarised in Schedule 2 (the “Sale and Purchase Agreement”), by the Completion Date;
(b) a management agreement on the terms summarised in Schedule 6, to provide for the management by Tranz Rail as the Crown’s agent of the Rail Network and, the Network Assets during the Transitional Period (the “Management Agreement”), by the Completion Date;
(c) an interim access arrangement on the terms summarised in Schedule 4 setting out Tranz Rail’s access rights in respect of the Rail Network for the period from Completion Date to the end of the Transitional Period, by the Completion Date;
(d) an agreement to partially surrender and vary the Core Lease, on the terms summarised in Schedule 5 (the Crown must also procure the execution of this agreement by NZRC), by the end of the Transitional Period; and
(e) an access agreement between Tranz Rail and the Crown on the terms summarised in Schedule 4, setting out Tranz Rail’s access rights in respect of the Rail Network, service levels to be met by the Crown and Tranz Rail, access fees payable by Tranz Rail, and the Crown’s maintenance obligations (the “Access Agreement”), by the end of the Transitional Period.
