Common use of Deadlock on Proposed Programs and Budgets Clause in Contracts

Deadlock on Proposed Programs and Budgets. If the Participants, acting through the Management Committee, fail to approve a Program and Budget by the beginning of the period to which the proposed Program and Budget applies, the provisions of Section 8.7 shall apply.

Appears in 3 contracts

Samples: Joint Venture Agreement (Idaho Consolidated Metals Corp), Agreement (Idaho Consolidated Metals Corp), Joint Development Agreement (Idaho Consolidated Metals Corp)

AutoNDA by SimpleDocs

Deadlock on Proposed Programs and Budgets. If the Participants, acting through the Management Committee, fail to approve a Program and Budget by the beginning of the period to which the proposed Program program and Budget applies, the provisions of Section Sections 8.7 and 12.2 shall apply.. 164067

Appears in 2 contracts

Samples: Mining Venture Agreement (Crested Corp), Mining Venture Agreement (Us Energy Corp)

Deadlock on Proposed Programs and Budgets. If the Participants, acting through the Management Committee, fail to approve a Program program and Budget by the beginning of the period to which the proposed Program and Budget applies, the provisions of Section 8.7 shall apply.

Appears in 2 contracts

Samples: Joint Venture Agreement (Trend Mining Co), Trend Stillwater Venture Agreement (Aurora Metals Bvi LTD)

Deadlock on Proposed Programs and Budgets. If the Participants, acting through the Management Committee, fail to approve adopt a Program and Budget by the beginning of the period to which the proposed Program and Budget applies, the provisions of Section 8.7 Sections 8.07 and 12.02 shall apply.

Appears in 1 contract

Samples: Mining Venture Agreement (Teryl Resources Corp)

Deadlock on Proposed Programs and Budgets. If the ParticipantsMembers, acting through the Management Committee, fail to approve a Program and Budget by the beginning of the period to which the proposed Program and Budget applies, the provisions of Section Sections 8.7 and 12.1(c) shall apply.

Appears in 1 contract

Samples: Limited Liability Company Agreement

Deadlock on Proposed Programs and Budgets. If the ParticipantsParticipantsMembers, acting through the Management Committee, fail to approve a Program and Budget by the beginning of the period to which the proposed Program and Budget applies, the provisions of Section Sections 8.7 and 12.212.1(c) shall apply.

Appears in 1 contract

Samples: Venturelimited Liability Company Agreement

Deadlock on Proposed Programs and Budgets. If the Participants, acting through the Management Committee, fail to approve a Program and Budget by the beginning of the period to which the proposed Program and Budget applies, the provisions of Section 8.7 Sections 9.7 and 13.2 shall apply.

Appears in 1 contract

Samples: In and Joint Venture Agreement (Pan American Lithium Corp)

AutoNDA by SimpleDocs

Deadlock on Proposed Programs and Budgets. If the Participants, acting ------------------------------------------ through the Management Committee, fail to approve a Program and Budget by the beginning of the period to which the proposed Program and Budget applies, the provisions of Section Sections 8.7 and 12.2 shall apply.

Appears in 1 contract

Samples: Mining Venture Agreement (Western Goldfields Inc)

Deadlock on Proposed Programs and Budgets. If the Participants, acting through the Management Committee, fail to approve a Program and Budget by the beginning of the period to which the proposed Program and Budget applies, the provisions of Section 8.7 7.2 shall apply.

Appears in 1 contract

Samples: Mining Venture Agreement (Novagold Resources Inc)

Deadlock on Proposed Programs and Budgets. If the Participants, acting through the Management Committee, fail to Committee does not approve a Program and Budget (or any updates to the Initial Program and Budget) by the beginning of the period to which the proposed Program and Budget appliesrelates, the provisions of Section 8.7 7.7 shall apply.

Appears in 1 contract

Samples: Limited Liability Company Agreement (General Moly, Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.