Non-Recurring Actions Sample Clauses
Non-Recurring Actions. In the event Manager desires to take any non- recurring or one-time actions that are not contemplated by the Strategic Plan and Budget or that otherwise require the advance written consent or approval of the Governing Body (or its designee) or the Management Committee pursuant to this Agreement or the Decision Making Guidelines but which do not require a formal modification to the Strategic Plan and Budget, the following provisions shall apply:
(a) a request for consent or approval of the applicable entity with approval rights (the “Approving Party”) shall be provided to such Party by Manager. Such request shall include a reasonably detailed description of the act or event for which consent is sought, and shall be delivered to the official designated by Howard at the designated address via hand delivery or certified U.S. Mail or by facsimile or email;
(b) the Approving Party shall review, consider and approve, or require further review of, such proposed act or event within ten (10) business days of receiving such request; provided, that, such period shall be reasonably extended to provide the Approving Party with additional opportunities to review or consider any such acts or events if requested in writing accompanied by a reasonably detailed explanation of the reasons for delay and a commitment to provide a final decision within a stated period of time not to exceed thirty (30) days from the date of the initial request or such longer period as is reasonable given the circumstances;
(c) for all matters determined in Manager’s reasonable discretion to constitute an Emergency, Manager shall, in its written request for consent to the Approving Party, state the nature of the Emergency, and the Approving Party shall have a reasonable opportunity given the circumstances in which to respond in writing to Manager’s request for consent. However, in the event of an Emergency (or the failure of the Approving Party timely to respond), Manager, with the approval of the Howard President, may take reasonable actions that involve temporary solutions in order to resolve such Emergencies.
