Governance Mechanisms Sample Clauses

Governance Mechanisms. There are several different types of governance mechanisms used in blockchain systems.
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Governance Mechanisms. Requirement 22 To ensure security, the production Blockchain shall operate with a minimum of seven consensus nodes. Requirement 23 Based on Requirement 2 above, to protect against foreign collusion attacks against the implementing nation state yet at the same time allow for geographic diversity, the number of consensus nodes in the production Blockchain operated by non-nation state companies shall be less than one-third of the total number of consensus nodes. Requirement 24 To ensure there are not siloed systems for each country, the Blockchain should provide a path for other countries to adopt the Blockchain for their own domestic entities. Requirement 25 The number of consensus nodes for the production Blockchain operated by an industry segment shall be less than one-third of the total number of consensus nodes. The definition of industry segment is left to the Governing Body. Examples of industry segments the Governing Body should consider are utilities, inverter manufacturers, auto manufacturers, service providers, and chip vendors. Requirement 26 The number of governing board members held by non-nation state companies shall be less than the minimum number of members required to pass a motion (usually majority). Requirement 27 The number of governing board members held by any industry segment shall be less than the minimum number of members required to pass a motion (usually majority).

Related to Governance Mechanisms

  • Governance Structure The Academy shall be organized and administered as a Michigan nonprofit corporation under the direction of the Academy Board and pursuant to the governance structure as set forth in the Bylaws. The Academy’s Board of Directors shall meet monthly unless another schedule is mutually agreed upon by the President and the Academy. The Academy shall not delegate this duty of organization and administration of the Academy without the express affirmative consent of the University.

  • GOVERNANCE ARRANGEMENTS Enforceability of the Agreement

  • Validation Mechanism To be eligible for articulation, the student must show evidence of their CompTIA A+ certification and it must have been issued within three (3) years prior to their enrollment in the program.

  • CONSULTATIVE MECHANISMS Effective consultation is essential for continuous workplace reform and such consultation can take place at any time during the life of a project. Consultative Committees may be set up on larger projects for this purpose.

  • Governance (a) The HSP represents, warrants and covenants that it has established, and will maintain for the period during which this Agreement is in effect, policies and procedures:

  • Dispute Resolution Mechanisms Registry Operator will comply with the following dispute resolution mechanisms as they may be revised from time to time:

  • Rights Protection Mechanisms Registry Operator shall implement and adhere to the rights protection mechanisms (“RPMs”) specified in this Specification. In addition to such RPMs, Registry Operator may develop and implement additional RPMs that discourage or prevent registration of domain names that violate or abuse another party’s legal rights. Registry Operator will include all RPMs required by this Specification 7 and any additional RPMs developed and implemented by Registry Operator in the registry-­‐registrar agreement entered into by ICANN-­‐accredited registrars authorized to register names in the TLD. Registry Operator shall implement in accordance with requirements set forth therein each of the mandatory RPMs set forth in the Trademark Clearinghouse as of the date hereof, as posted at xxxx://xxx.xxxxx.xxx/en/resources/registries/tmch-­‐requirements (the “Trademark Clearinghouse Requirements”), which may be revised in immaterial respects by ICANN from time to time. Registry Operator shall not mandate that any owner of applicable intellectual property rights use any other trademark information aggregation, notification, or validation service in addition to or instead of the ICANN-­‐

  • Committee Composition and Selection 1. The committee shall be comprised of eight members as follows: • five Teachers • three administrators

  • Power Factor Design Criteria Developer shall design the Large Generating Facility to maintain an effective power delivery at demonstrated maximum net capability at the Point of Interconnection at a power factor within the range established by the Connecting Transmission Owner on a comparable basis, until NYISO has established different requirements that apply to all generators in the New York Control Area on a comparable basis. The Developer shall design and maintain the plant auxiliary systems to operate safely throughout the entire real and reactive power design range. The Connecting Transmission Owner shall not unreasonably restrict or condition the reactive power production or absorption of the Large Generating Facility in accordance with Good Utility Practice.

  • Rights Protection Mechanisms and Abuse Mitigation ­‐ Registry Operator commits to implementing and performing the following protections for the TLD:

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