Joint Decision. Making It is essential at construction and operational phases of the Project to have joint decision-making at both member and officer level. The Authorities are using the Lead Authority model in the IAA for the procurement phase. The Lead Authority Model will also be adopted in the Second Inter Authority Agreement. There will be a graded set of decision classifications so that decision making is at an appropriate level through delegated authorities, reserving critical (executive) decisions for all three Authorities. Timescales for decision making will be introduced. On-going management of the Project will involve a number of areas that require consents or approvals. Some of these may fall to be decided by a single Authority (for example, where only its operations or facilities are affected). Others will require unanimity (for example, changes in key sub- contractors by the contractor or in its funding arrangements). Other areas may permit majority voting, but these are likely to be few. 2 Appointment of one Authority as sole contracting Authority4 [The Authorities will need to authorise the appointment of an Authority as the sole contracting Authority and that each of the other [insert number] Authorities would indemnify the contracting Authority accordingly. Reciprocal indemnities would be given by the contracting Authority to the other [insert number] authorities.]
Joint Decision. To the extent that the Notes or Indenture provide for any discretion or action on behalf of either or both Issuers or any direct or indirect Subsidiary of either Issuer, and such action or discretion could result in the repayment, redemption or offer to purchase of the portion of the Notes, as Units, not otherwise then due by reason of a default or Maturity of the Notes, then such action or discretion shall not be taken or exercised without the express agreement of both Issuers.
Joint Decision. In the event that both Parties mutually elect not to continue their participation in the Development of a Program Product, by exchange of mutual Notices of Discontinuance or mutual written agreement, then such Program Product shall thereupon be deemed a Dropped Program Product. Any mutual election of the Parties to not continue their participation in Development of a Program Product shall have no effect on (i) LGLS's continued ownership of all LGLS Patent Rights and LGLS Know-how, its rights in the Program Technology, Program Materials and the Global Development Plan, and the license granted by Anadys to LGLS under Section 3.1.2 to the extent such license relates to other Program Products, and (ii) Anadys's continued ownership of all its Patent Rights in the Anadys Inventions, its rights in the Program Technology, Program Materials and the Global Development Plan, and the license granted by LGLS to Anadys under Section 3.1.1 to the extent such license relates to other Program Products.
