Trilateral Committee Sample Clauses
The Trilateral Committee clause establishes a formal group composed of representatives from three distinct parties involved in an agreement. This committee is typically tasked with overseeing the implementation of the contract, resolving disputes, or making joint decisions on matters that affect all three parties. For example, in a joint venture between three companies, the Trilateral Committee may meet regularly to review progress, approve budgets, or address operational issues. The core function of this clause is to provide a structured mechanism for collaborative governance and decision-making, ensuring that all parties have a voice and that issues are addressed collectively.
Trilateral Committee. In addition to the bilateral Israeli-Palestinian security cooperation, a high-ranking U.S.- Palestinian-Israeli committee will meet as required and not less than biweekly to assess current threats, deal with any impediments to effective security cooperation and coordination and address the steps being taken to combat terror and terrorist organizations. The committee will also serve as a forum to address the issue of external support for terror. In these meetings, the Palestinian side will fully inform the members of the committee of the results of its investigations concerning terrorist suspects already in custody and the participants will exchange additional relevant information The committee will report regularly to the leaders of the two sides on the status of cooperation, the results of the meetings and its recommendations.
Trilateral Committee. If any matter brought before the Management Committee results in a dispute that is to be elevated pursuant to Section 10.02, such dispute shall be referred to a committee (the “Trilateral Committee”) composed of three members, one to be appointed by IAT, one to be appointed by Delta, and one to be appointed by JFK IAT Member LLC (“JFK IAT Member”). The Trilateral Committee shall be composed of the members set forth on Schedule 10-1, which shall set policies and shall resolve those matters that cannot be resolved by the Management Committee in accordance with Section 10.02. The Trilateral Committee shall consider and resolve matters and disputes referred to the Trilateral Committee herein considering both parties’ positions objectively and in good faith. The identity of each of IAT’s, Delta’s and JFK IAT Member’s members on the Trilateral Committee shall change as the identity of the individuals holding such offices change, and each of IAT, Delta and JFK IAT Member may change the identity of the offices and/or its officers on the Trilateral Committee, as such positions change, by notice to the other party, provided that, any replacement representative holds a position of authority commensurate with the tasks undertaken by such committee. Each of IAT, Delta and JFK IAT Member may designate alternate representatives to act in place of its designated members by notice given to the other party at the time a matter or dispute is referred to the Trilateral Committee, if the member designated is unavailable, including by oral notice given at such time. Any such matter or dispute shall be referred to the Trilateral Committee by any IAT or Delta representative on the Management Committee by a notice describing the matter or dispute at issue (a “Notice of Disagreement”) given to IAT, Delta and JFK IAT Member members on the Trilateral Committee. In the event any such matter or dispute is referred to the Trilateral Committee, for a period of 20 days following the delivery of the Notice of Disagreement, the Trilateral Committee shall attempt in good faith to settle the matter or dispute in question, by such meetings in person or by telephone conference call or by such correspondence as the members of the Trilateral Committee shall determine. If the Trilateral Committee settles the matter or dispute in question, the settlement shall be set forth in a written memorandum or agreement signed by the Trilateral Committee members of both parties, which shall be delivered to th...