The Business Plan. 6.1 The Company must adopt a Business Plan for each Financial Year except for any Financial Year where the Council by ordinary resolution disapplies this requirement. 6.2 The Board is responsible for preparing, reviewing and updating any Business Plan. 6.3 In accordance with the Shareholder Reserved Matters, the Council must approve the adoption of any Business Plan and any revision or update thereof ahead of adoption by the Board. 6.4 The Company shall consult the Named Officer of the Council ahead of presenting a Business Plan or revision or update thereof to the Council for approval under clause 6.3.
Appears in 6 contracts
Samples: Operational Agreement, Operational Agreement, Governance Agreement
The Business Plan. 6.1 The Company must adopt a Business Plan for each Financial Year except for any Financial Year where the Council by ordinary resolution disapplies this requirement.
6.2 The Board is responsible for preparing, reviewing and updating any Business Plan.
6.3 In accordance with the Shareholder Reserved Matters, the Council must approve the adoption of any Business Plan and any revision or update thereof ahead of adoption by the Board.
6.4 The Company shall consult the Named Officer of the Council ahead of presenting a Business Plan or revision or update thereof to the Council for approval under clause 6.3.
Appears in 1 contract
Samples: Governance Agreement
The Business Plan. 6.1 The Company must adopt a Business Plan for each Financial Year except for any Financial Year where the Council by ordinary resolution notice in writing to the Company disapplies this requirement.
6.2 The Board is responsible for preparing, reviewing and updating any Business Plan.
6.3 In accordance with the Shareholder Reserved Matters, the The Council as sole shareholder must approve the adoption of any Business Plan and any revision or update thereof ahead of adoption by the Board.
6.4 The Company shall consult the Named Officer Assistant Director of Corporate and Business Services of the Council ahead of presenting a Business Plan or revision or update thereof to the Council as shareholder for approval under clause 6.3.
Appears in 1 contract
Samples: Governance Agreement
The Business Plan.
6.1 The Company must adopt a Business Plan for each Financial Year except for any Financial Year where the Council Members by ordinary resolution disapplies disapply this requirement.
6.2 The Board is responsible for preparing, reviewing and updating any Business Plan.
6.3 In accordance with the Shareholder Reserved Matters, the Council The Members must approve the adoption of any Business Plan and any revision or update thereof ahead of adoption by the Board.Board.
6.4 The Company shall consult the Named Officer Chief Executive or equivalent (or their respective nominees) and the London Housing Directors’ Group (part of the Council London Councils) ahead of presenting a Business Plan or revision or update thereof to the Council Members for approval under clause 6.3.
Appears in 1 contract
Samples: Governance Agreement
The Business Plan.
6.1 The Company must adopt a Business Plan for each Financial Year except for any Financial Year where the Council by ordinary resolution disapplies this requirement.
6.2 The Board is responsible for preparing, reviewing and updating any Business Plan.
6.3 In accordance with the Shareholder Reserved Matters, the Council must approve the adoption of any Business Plan and any revision or update thereof ahead of adoption by the Board.Board.
6.4 The Company shall consult the Named Officer of the Council ahead of presenting a Business Plan or revision or update thereof to the Council for approval under clause 6.3.
Appears in 1 contract
Samples: Governance Agreement
