Common use of Powers of Committee Clause in Contracts

Powers of Committee. The Committee will have the power to do the following: 6.1.1. To maintain records relating to Assignees and Holders; 6.1.2. To prepare and furnish to the Optionee, Assignees and Holders all information required by applicable law; 6.1.3. To construe and apply the provisions of this Agreement and to correct defects and omissions herein;