Consolidation Study Sample Clauses
The Consolidation Study clause establishes the requirement for conducting an analysis to determine the feasibility or benefits of combining multiple entities, operations, or processes. In practice, this clause may mandate a party to assess the financial, operational, or strategic implications of merging departments, subsidiaries, or business functions, often within a specified timeframe or under certain conditions. Its core function is to ensure that decisions regarding consolidation are informed by thorough evaluation, thereby reducing risks and supporting effective organizational planning.
Consolidation Study. The trustees may have a study made to see if it would be beneficial to the funds and their recipients if any or all of the trusts were consolidated or merged with the Trust Funds of any other Trusts. If the study shows that a consolidation or merger would be beneficial, then the Bargaining Committee will consider such merger. The trustees have the authority to investigate, evaluate and present their recommendations to the negotiating committee regarding merger, consolidation, amalgamation, joinder or other similar situations. The trustees’ authority, in this respect, shall be limited to the power to prepare and recommend agreements to consummate the same and to recommend the transfer of the monies and properties of the said Trust Fund or Funds to any successor trust.
Consolidation Study. The Company will perform a study investigating the consolidation of KCP&L and GMO rates and will make a recommendation regarding consolidation of rates in these dockets within two years of the date of approval of this Stipulation. KCP&L and GMO will provide quarterly stakeholder updates concerning the study.