Implementation of Budgets and Discretionary Expenditures by CEO. (a) After a Strategic Plan and an Annual Budget have been approved by the Partnership Governance Committee (or an Annual Budget has been developed in accordance with Section 8.2(b)), the CEO will be authorized, without further action by the Partnership Governance Committee, to cause the Partnership to make expenditures consistent with such Strategic Plan and Annual Budget; provided, however, that all internal control policies and procedures, including those regarding the required authority for certain expenditures, shall have been followed.
Appears in 6 contracts
Samples: Agreement (Millennium Chemicals Inc), Lease Agreement (Millennium Chemicals Inc), Agreement (Equistar Chemicals Lp)
Implementation of Budgets and Discretionary Expenditures by CEO. (a) After a Strategic Plan and an Annual Budget have been approved by the Partnership Governance Committee (or an Annual Budget has been developed in accordance with Section 8.2(b)), the CEO will be authorized, without further --------------- action by the Partnership Governance Committee, to cause the Partnership to make expenditures consistent with such Strategic Plan and Annual Budget; provided, -------- however, that all internal control policies and procedures, including those ------- regarding the required authority for certain expenditures, shall have been followed.
Appears in 2 contracts
Samples: Lease Agreement (Lyondell Chemical Co), Lease Agreement (Equistar Chemicals Lp)
Implementation of Budgets and Discretionary Expenditures by CEO. (a) After a Strategic Plan and an Annual Budget have been approved by the Partnership Governance Committee (or an Annual Budget has been developed in accordance with Section 8.2(b)), the CEO will be authorized, without further -------------- action by the Partnership Governance Committee, to cause the Partnership to make expenditures consistent with such Strategic Plan and Annual Budget; provided, -------- however, that all internal control policies and procedures, including those ------- regarding the required authority for certain expenditures, shall have been followed.
Appears in 1 contract
Implementation of Budgets and Discretionary Expenditures by CEO. (a) After a Strategic Plan and an Annual Budget have been approved by the Partnership Governance Committee (or an Annual Budget has been developed in accordance with Section 8.2(b)), the CEO will be authorized, without further action by the Partnership Governance Committee, to cause the Partnership to make expenditures consistent with such Strategic Plan and Annual Budget; provided, however, that all internal control policies and procedures, including those regarding the toe required authority for certain expenditures, shall have been followed.
Appears in 1 contract
Samples: LyondellBasell F&F Holdco, LLC
Implementation of Budgets and Discretionary Expenditures by CEO. (a) After a Strategic Plan and an Annual Budget have been approved by the Partnership Governance Committee (or an Annual Budget has been developed in accordance with Section 8.2(b)), the CEO will be authorized, without further action by the Partnership Governance Committee, to cause the Partnership to make expenditures consistent with such Strategic Plan and Annual Budget; provided, however, that all internal control policies and procedures, including those regarding the required authority for certain expenditures, shall have been followed.Section
Appears in 1 contract
Samples: Occidental Petroleum Corp /De/