Common use of Partnership Governance Committee Quorum and General Voting Requirement Clause in Contracts

Partnership Governance Committee Quorum and General Voting Requirement. (a) The presence of at least two Representatives (including any duly present Alternates) of Lyondell GP shall constitute a quorum of the Partnership Governance Committee for the transaction of business and the taking of appropriate Partnership Governance Committee Actions at any meeting; provided, however, that the presence at such meeting of at least two Representatives (including any duly present Alternates) from each General Partner shall be necessary for the taking of any action described in Section 6.7; and provided, further, that no Partnership Governance Committee Actions can be taken at any meeting with respect to any matter that was not reflected, with a reasonable level of specificity, on an agenda for such meeting that was delivered in accordance with Section 6.5 unless at least one Representative of each General Partner is present. No Partnership Governance Committee Action may be taken at any meeting at which a quorum is not present.

Appears in 4 contracts

Samples: Equistar Chemicals Lp, Millennium Chemicals Inc, Lyondell Chemical Co

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Partnership Governance Committee Quorum and General Voting Requirement. (a) The presence of at least two Representatives (including any duly present Alternates) of Lyondell GP shall constitute a quorum of the Partnership Governance Committee for the transaction of business and the taking of appropriate Partnership Governance Committee Actions at any meeting; provided, -------- however, that the presence at such meeting of at least two Representatives ------- (including any duly present Alternates) from each General Partner shall be necessary for the taking of any action described in Section 6.7; and provided, ----------- -------- further, that no Partnership Governance Committee Actions can be taken at any ------- meeting with respect to any matter that was not reflected, with a reasonable level of specificity, on an agenda for such meeting that was delivered in accordance with Section 6.5 unless at least one Representative of each General ----------- Partner is present. No Partnership Governance Committee Action may be taken at any meeting at which a quorum is not present.

Appears in 1 contract

Samples: Lease Agreement (Equistar Funding Corp)

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Partnership Governance Committee Quorum and General Voting Requirement. (a) The presence of at least two Representatives (including any duly present Alternates) of Lyondell GP shall constitute a quorum of the Partnership Governance Committee for the transaction of business and the taking of appropriate Partnership Governance Committee Actions at any meeting; provided, however, that the presence at such meeting of at least two Representatives (including any duly present Alternates) from each General Partner shall be necessary for the taking of any action described in Section 6.7; and provided, further, that no Partnership Governance Committee Actions can be taken at any meeting with respect to any matter that was not reflected, with a reasonable level of specificity, reflected on an agenda for such meeting that was delivered in accordance with Section 6.5 unless at least one Representative of each General Partner is present. No Partnership Governance Committee Action may be taken at any meeting at which a quorum is not present.

Appears in 1 contract

Samples: Lyondell Petrochemical Co

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