Common use of Review and Approval of Proposed Programs and Budgets Clause in Contracts

Review and Approval of Proposed Programs and Budgets. Within 45 days after submission of a proposed Program and Budget, each Participant shall submit to the Management Committee: a) Notice that the Participant approves the proposed Program and Budget; or b) Proposed modifications of the proposed Program and Budget; or c) Notice that the Participant rejects the proposed Program and Budget. If a Participant fails to give any of the foregoing responses within the allotted time, the failure shall be deemed to be an approval by the Participant of the Operator's proposed Program and Budget. If a Participant makes a timely submission to the Management Committee pursuant to Section 9.4(b) or (c), then the Management Committee shall seek to develop a Program and Budget acceptable to the Participants.

Review and Approval of Proposed Programs and Budgets. Within 45 30 days ------------------------------------------------------- after submission of a proposed Program and Budget, each Participant shall submit to the Management Committee: (a) Notice that the Participant approves the proposed Program and Budget; or (b) Proposed modifications of the proposed Program and Budget; or (c) Notice that the Participant rejects the proposed Program and Budget. If a Participant fails to give any of the foregoing responses within the allotted time, the failure shall be deemed to be an approval by the Participant of the OperatorManager's proposed Program and Budget. If a Participant makes a timely submission to the Management Committee pursuant to Section 9.4(b) or (c), then the Management Committee shall seek to develop a Program and Budget acceptable to the Participants.

Review and Approval of Proposed Programs and Budgets. Within 45 60 days after submission of a proposed Program and Budget, each Participant shall submit to the Management Committee: (a) Notice that the Participant approves the proposed Program and Budget; or (b) Proposed modifications of the proposed Program and Budget; or (c) Notice that the Participant rejects the proposed Program and Budget. If a Participant fails to give any of the foregoing responses within the allotted time, the failure shall be deemed to be an approval by the Participant of the Operator's Manager’s proposed Program and Budget. If a Participant makes a timely submission to the Management Committee pursuant to Section 9.4(b10.3(b) or (c), then the Management Committee shall seek to develop a Program and Budget acceptable to the Participants.

Review and Approval of Proposed Programs and Budgets. Within 45 days after submission of a proposed Program and Budget, each Participant shall submit to the Management Committee: (a) Notice that the Participant approves the proposed Program and Budget; or (b) Proposed modifications of the proposed Program and Budget; or (c) Notice that the Participant rejects the proposed Program and Budget. If a Participant fails to give any of the foregoing responses within the allotted time, the failure shall be deemed to be an approval by the Participant of the Operator's proposed Program and Budget. If a Participant makes a timely submission to the Management Committee pursuant to Section 9.4(b) or (c), then the Management Committee shall seek to develop a Program and Budget acceptable to the Participants.

Review and Approval of Proposed Programs and Budgets. Within 45 30 days after submission of a proposed Program and Budget, each Participant shall submit to the Management Committee: (a) Notice notice that the Participant approves the proposed Program and Budget; or (b) Proposed proposed modifications of the proposed Program and Budget; or (c) Notice notice that the Participant rejects the proposed Program and Budget. If a Participant fails to give any of the foregoing responses within the allotted time, the failure shall be deemed to be an approval by the Participant of the OperatorManager's proposed Program and Budget. If a Participant makes a timely submission to the Management Committee pursuant to Section 9.4(b9.04(b) or (cSection 9.04(c), then the Management Committee shall seek to develop a Program and Budget acceptable to the Participants.