Executive Committee Approvals Required Sample Clauses

Executive Committee Approvals Required. ‌ The EC will review and decide on the following:157 • Requests for waiver of SNPLMA business rules outlined in the IA. • Time extensions of more than one year beyond the standard timeframe or beyond a longer timeframe approved in the nomination (such time extensions also require approved waiver of business rules). • All SAR requests. • All major scope changes including, but not necessarily limited to: o Changes in quantity of acres or water rights to be acquired under a land acquisition (environmentally sensitive, PTNA, or MSCHP) that exceed 20 percent or that negatively impact the environmentally sensitive resources being acquired or negatively impact the ability to complete the anticipated project for which the land is being acquired under PTNA or MSHCP. o Changes in the rights to be acquired in a land acquisition (environmentally sensitive, PTNA, or MSCHP) from what was nominated and approved (e.g., removal of all water rights, exclusion of mineral rights). o Changes over 20 percent in the size or quantity of a primary or anticipated deliverable from what was described in the approved nomination and documented in the project work plan.  As the result of completion of studies, analyses, surveys, monitoring, or reports identified in the nomination;  Where the approved nomination did not indicate that these factors were dependent upon the results of certain studies, analyses, surveys, monitoring, or reports. o Addition of a new Primary Deliverable that was proven by the results of studies, reports, or analyses to be necessary to accomplish the purpose and complete the project. o Removal of a Primary Deliverable as described in the approved nomination or subsequent to gaining approval for it to be added to the scope of the project. (See Section VI.C. second introductory paragraph and VI.C.1.)158 • Recommendations by the SNPLMA Division and/or PWG to deny an agency/entity modification request. • SNPLMA Division initiated termination requests. Once the initial SNPLMA Division review has been completed, an EC decision memorandum will be prepared and forwarded to the PWG for review and recommendation to the EC (see Section XII.F.2. above for PWG timeframe and process). The decision memorandum with the PWG’s recommendation 157 Expanded list of modification requests requiring EC decision was approved by the EC in a 5/4/2018 decision memorandum. As stated in Section III.I.1. the EC also has final approval authority for other matters as described throughout the ...
Sample 1
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Executive Committee Approvals Required. The Executive Committee is the final decision making group for all modification requests and only the most significant requests will be evaluated by this group. All requests forwarded to the Executive Committee will be submitted to the SNPLMA Division for initial review as described above and then to the Working Group for consideration. Once the initial SNPLMA Division and Working Group review has been completed the decision memorandum for the request and recommendation of the SNPLMA Division/Working Group will be forwarded to the Executive Committee for a final decision. The Executive Committee will review and approve the following: • Major modifications to project scope (e.g., reductions in scope of 40% or more, addition or reduction in acreage that impact resources being acquired or alter rights to be acquired, change in rights to be acquired from nomination (e.g., reduction of mineral rights); • Time extensions more than of two years total over the life of the project; • SAR/BRA requests exceeding $250,000.00 or 5% of the Secretarial approved project budget; and • Requests for waiver of SNPLMA business rules outlined in the Implementation Agreement. The standard operating procedure for the Executive Committee will be to provide a decision within two weeks from the date of a complete submission from the Working Group. The Executive Committee is the only group which may deny a time, scope, or financial modification request. All Executive Committee decisions will be made by a majority vote of the group and must be documented by signature of the Executive Committee Chair to the decision memorandum prepared by the SNPLMA Division and routed through the Working Group to the Executive Committee. Notification of the decision will be sent to the Working Group and SNPLMA Division. The original signed document will be provided to the SNPLMA Division and will be maintained in the project file. The SNPLMA Division will notify the requesting entity of the final decision.
Sample 1

Related to Executive Committee Approvals Required

  • Board of Directors Approval The Board of Directors of the Buyer --------------------------- shall have approved, ratified and affirmed the execution and delivery of this Agreement and the consummation of the transactions contemplated hereby.

  • Board Approvals The Company Board of Directors, at a meeting duly called and held, has unanimously (i) determined that each of the Agreement, the Offer and the Merger are advisable and fair to and in the best interests of the stockholders of the Company, (ii) duly and validly approved, adopted and declared advisable this Agreement and the Transactions and taken all other corporate action required to be taken by the Company Board of Directors to authorize the consummation of the Transactions, and (iii) resolved to recommend, subject to Section 5.2, that the stockholders of the Company accept the Offer, tender their Shares to the Purchaser pursuant to the Offer, and approve and adopt this Agreement and the Merger, and none of the aforesaid actions by the Company Board of Directors has been amended, rescinded or modified, except as provided in Section 5.2. The action taken by the Company Board of Directors constitutes approval of the Transactions (including each of the Offer and the Merger) by the Company Board of Directors under Section 203 of the DGCL, and no other state takeover statute or similar statute or regulation in any jurisdiction in which the Company does business is applicable to the Transactions (including each of the Offer and the Merger).

  • Board of Director Approval This Agreement shall have been approved by the Board of Directors of Acquirer.

  • Board Approval No reimbursement shall be paid to the Investment Adviser pursuant to this provision in any fiscal year, unless the Trust's Board of Trustees has determined that the payment of such reimbursement is appropriate in light of the terms of this Agreement. The Trust's Board of Trustees shall determine quarterly in advance whether any portion of the Reimbursement Amount may be paid to the Investment Adviser in such quarter.

  • Leave, Board of Directors A nurse who is elected to the Board of Directors of the Ontario Nurses' Association, other than to the office of President, shall be granted upon request such leave(s) of absence as she or he may require to fulfill the duties of the position. Reasonable notice - sufficient to adequately allow the Hospital to minimize disruption of its services shall be given to the Hospital for such leave of absence. Notwithstanding Article 10.04, there shall be no loss of seniority or service for a nurse during such leave of absence. Leave of absence under this provision shall be in addition to the Union leave provided in Article 11.02

  • Shareholders' Approval If required by applicable law in order to consummate the Merger: (a) The Company shall, at the direction of Buyer, cause a meeting of its shareholders (the "Company Shareholders' Meeting") to be duly called and held as soon as practicable following the consummation of the Offer (which shall include acceptance for payment of and payment for all Common Shares duly tendered) for the purpose of voting on the approval and adoption of this Agreement and the Merger (the "Company Shareholder Approval"). The Company shall take all action necessary in accordance with applicable law and the Company's Certificate of Incorporation and Bylaws to duly call, give notice of, and convene the Company Shareholders' Meeting. (b) The Company shall, at the direction of Buyer, solicit from holders of Common Shares entitled to vote at the Company Shareholders' Meeting proxies in favor of the Company Shareholder Approval and shall take all other action necessary or, in the judgment of Buyer, helpful to secure the vote or consent of such holders required by the DGCL or this Agreement to effect the Merger. (c) The Company shall, at the direction of Buyer, as promptly as practicable following the consummation of the Offer prepare and file, a proxy or information statement relating to Company Shareholders' Meeting (together with all amendments, supplements and exhibits thereto, the "Proxy Statement") with the SEC and will use all commercially reasonable efforts to respond to the comments of the SEC and to cause the Proxy Statement to be mailed to the Company's shareholders at the earliest practical time. The Company will notify Buyer promptly of the receipt of any comments from the SEC or its staff and of any request by the SEC or its staff for amendments or supplements to the Proxy Statement or for additional information

  • Corporate Approvals The Company represents and warrants that the execution of this Agreement by its corporate officer named below has been duly authorized by the Board of Directors of the Company, is not in conflict with any Bylaw or other agreement and will be a binding obligation of the Company, enforceable in accordance with its terms.

  • Corporate Approval This Agreement has been approved by the Board, and has been duly executed and delivered by Employee and on behalf of the Company by its duly authorized representative.

  • Director Approval The Board of Directors of Holdings shall have approved this Agreement and the transactions contemplated herein.

  • Board Approval; Vote Required (a) The BCAC Board, by resolutions duly adopted by majority vote of those voting at a meeting duly called and held and not subsequently rescinded or modified in any way, has duly (i) determined that this Agreement and the Transactions are fair to and in the best interests of BCAC and its stockholders, (ii) approved this Agreement and the Transactions (including the Merger) and declared their advisability, (iii) recommended that the stockholders of BCAC approve and adopt this Agreement and Transactions (including the Merger), and directed that this Agreement and the Transactions (including the Merger), be submitted for consideration by the stockholders of BCAC at the BCAC Stockholders’ Meeting. (b) The only vote of the holders of any class or series of capital stock of BCAC necessary to approve the Transactions is the affirmative vote of the holders of a majority of the outstanding shares of BCAC Common Stock (the “BCAC Stockholder Approval”). (c) The Merger Sub Board, by resolutions duly adopted by written consent and not subsequently rescinded or modified in any way, has duly (i) determined that this Agreement and the Merger are fair to and in the best interests of Merger Sub and its sole stockholder, (ii) approved and adopted this Agreement and the Transactions (including the Merger) and declared their advisability, (iii) recommended that the sole stockholder of Merger Sub approve and adopt this Agreement and approve the Transactions (including the Merger) and directed that this Agreement and the Transactions (including the Merger) be submitted for consideration by the sole stockholder of Merger Sub. (d) The only vote of the holders of any class or series of capital stock of Merger Sub is necessary to approve this Agreement, the Merger and the other Transactions is the affirmative vote of the sole stockholder of Merger Sub.

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