Common use of Decisions of the Project Committee Clause in Contracts

Decisions of the Project Committee. The Project Committee shall be free to act on its own initiative to formulate proposals and take decisions in accordance with the procedures set out herein. The following decisions shall be taken by the Project Committee: changes to the Project Application; changes to the Budget; withdrawals or adjustments to the Background set out in Annex 1; determine whether certain Background or Foreground is Needed, as set out in Section 9.3; entry of a new Participant to the Project and approval of the settlement on the conditions of the accession of such a new Participant; withdrawal of a Participant from the Project and the approval of the settlement on the conditions of the withdrawal; declaration of a Participant to be a Defaulting Participant; remedies to be performed by a Defaulting Participant; termination of a Defaulting Participant’s participation in the Project and measures relating thereto; change or replacement of the Project Coordinator; appoint or change the Chairperson; suspension of all or part of the Project; termination of the Project and the Consortium Agreement.

Decisions of the Project Committee. The Project Committee shall be free to act on its own initiative to formulate proposals and take decisions in accordance with the procedures set out herein. The following decisions shall be taken by the Project Committee: changes to the Project ApplicationPlan set out in Annex 1; changes to the BudgetBudget set out in Annex 2; withdrawals or adjustments to the Background set out in Annex 13; determine whether certain Background or Foreground is Needed, as set out in falls within the scope of the Access Rights granted under Section 9.3; entry of a new Participant Party to the Project and approval of the settlement on the conditions of the accession of such a new ParticipantParty; withdrawal of a Participant Party from the Project and the approval of the settlement on the conditions of the withdrawal; declaration of a Participant Party to be a Defaulting ParticipantParty; remedies to be performed by a Defaulting ParticipantParty; termination of a Defaulting ParticipantParty’s participation in the Project and measures relating thereto; change or replacement of the Project Coordinator; appoint or change the Chairperson; suspension of all or part of the Project; termination of the Project and the Consortium Agreement.

Decisions of the Project Committee. The Project Committee shall be free to act on its own initiative to formulate proposals and take decisions in accordance with the procedures set out herein. The following decisions shall be taken by the Project Committee: changes to the Project ApplicationPlan; changes to the Budget; withdrawals or adjustments to the Background set out in Annex 1; determine whether certain Background or Foreground is Needed, as set out in falls within the scope of the Access Rights granted under Section 9.3; entry of a new Participant Party to the Project and approval of the settlement on the conditions of the accession of such a new ParticipantParty; withdrawal of a Participant Party from the Project and the approval of the settlement on the conditions of the withdrawal; declaration of a Participant Party to be a Defaulting ParticipantParty; remedies to be performed by a Defaulting ParticipantParty; termination of a Defaulting ParticipantParty’s participation in the Project and measures relating thereto; change or replacement of the Project Coordinator; appoint or change the Chairperson; suspension of all or part of the Project; termination of the Project and the Consortium Agreement.