Consortium Committee Sample Clauses
The Consortium Committee clause establishes a governing body responsible for overseeing the activities and decision-making processes of a consortium. Typically, this committee is composed of representatives from each member organization, and it is tasked with setting policies, resolving disputes, and coordinating joint efforts. By centralizing authority and providing a structured forum for collaboration, the clause ensures effective management and smooth operation of the consortium, helping to prevent misunderstandings and streamline collective actions.
Consortium Committee. 3.1 For the purpose of coordinating their shareholder rights and the rights arising from this Consortium Agreement SWBS and the Purchaser shall form a Consortium Committee which shall consist of three representatives of SWBS and three representatives of the Purchaser. The members of the Consortium Committee must be entitled to make decisions which are binding on the party they represent. They can delegate their rights to a representative as far as the latter can also act with binding effect for the party they represent. The representatives of the parties in the Consortium Committee should also be members of the Supervisory Board of the Company. The Company's Board of Directors shall always take part in the meetings of the Consortium Committee but does not have a right to vote. The Consortium Committee shall for the parties safeguard the rights pursuant to Sections II.1. through II.4. as well as all other duties which are assigned to it in this agreement. It is furthermore responsible for the questions which are presented for clarification to it by a party in connection with the execution of this Consortium Agreement. Meetings of the Consortium Committee shall take place upon the request by a party with an appropriate time allowed between receiving the invitation to attend the meeting and the meeting actually taking place, which time period should not generally exceed ten (10) days. As far as all the members of the Consortium Committee are in agreement, decisions of the Consortium Committee can also be made outside a meeting either in writing or via telephone. Written minutes of the resolutions of the Consortium Committee, a copy of which is to be submitted to the Parties, are to be drawn up.
3.2 There is agreement between the Parties that their respective representatives in the Supervisory Board should vote uniformly if at all possible. In order to guarantee this, the Parties shall be obliged to discuss in advance important subject matters of the resolutions of the Supervisory Board in the Consortium Committee with the aim to achieve agreement in either rejecting or consenting to the subject matter of the resolution. They shall furthermore be obliged, as far as is legally permitted, to work towards the fact that the members of the Supervisory Board suggested by them vote in accordance with the decision made in the Consortium Committee. Important subject matters of resolutions are in particular modifications of price structures, the approval of the annual b...
Consortium Committee. Composition
Consortium Committee. There shall be a Consortium Advisory Committee made up of the Superintendents of the Member school districts. The Advisory Committee shall meet regularly to discuss the planning, development, operation, and evaluation of the Lakes Region High School Consortium.
Consortium Committee. The Consortium Committee will consist of two members from each of the partner universities as well as two elected student representatives. The minimum quorum for forma! meetings of the Board shall be one member from each partner on the understanding that they are empowered to represent the other.
Consortium Committee. For Governance and making the Consortium effective the following Consortium Committee is proposed for a term period two year that is up to March 2006.
(i). ▇▇▇▇ ▇. Moni,DDG, NIC Chairman
(ii). ▇▇. ▇▇▇▇▇ ▇▇▇▇▇, Registrar, C-DOT, Vice-Chairman
(iii). Shri A.K. ▇▇▇▇▇▇, Deputy Advisor, TRAI Member
Consortium Committee. A “Consortium Committee” including Principal Investigator(s) from each of the Member Institutions (including University) and one representative from MRF shall perform, subject to the terms of this Agreement, the duties described in the MRF Collaborative Research Process Addendum (attached and incorporated into this Agreement as Addendum 2.4) including:
(a) Developing and proposing Annual Research Plan and Budgets for MRF’s review and approval, including Scopes of Study consistent with the Goal;
(b) Allocating responsibility among the various Investigators from Member Institutions for performance of the Scopes of Study (any University Scope of Study shall be subject to University’s prior review and approval as set forth in Section 3.2(ii));
(c) Meeting regularly at 4-month intervals, or as otherwise agreed upon, to update the Annual Research Plan and Budget, with any substantive changes being subject to review and approval by MRF;
(d) Evaluating the overall performance of the Consortium, the individual Member Institutions and their individual Principal Investigators according to the MRF Collaborative Research Process Addendum; provided however that Principal Investigators will not be responsible for evaluating (and will not have the right to evaluate) their own performance, that of other Principal Investigators from their Member Institution, or that of their Member Institution as a whole. Consistent with the foregoing, University’s Principle Investigator shall agree in writing to the Rules of Participation set forth in the MRF Collaborative Research Process Addendum.
Consortium Committee. Membership of the Consortium Committee will consist of the individuals listed under Section III of this agreement. This Committee will meet on an ad hoc basis and, at a minimum, annually upon the anniversary of this agreement. The Consortium Committee will provide for coordination, address topics of joint concern and review the provisions of this agreement. By: ▇▇▇▇▇ ▇▇▇▇▇▇ By: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chair Title: Chair