Voting by Notice. (a) In lieu of a meeting, any Party may submit any proposal to the Operating Committee for a vote by Notice. The proposing Party shall notify Operator who shall give each representative notice describing the proposal so submitted and whether Paltar considers such operational matter an urgent operational matter. Each Party shall communicate its vote by Notice to Paltar and any other Party within one of the following appropriate time periods after receipt of Operator's notice: (i) 48 hours in the case of urgent operational matters; (ii) 14 days in the case of all other proposals. (b) Except in the case of clause 4.11(a)(i), Nation may by Notice delivered to Paltar within five days after receipt of Paltar's notice request that the proposal be decided at a meeting rather than by notice. In such an event, that proposal shall be decided at a meeting duly called for that purpose. (c) Except as provided in clause 10.1(a), a Party failing to communicate its vote in a timely manner shall be deemed to have voted against such proposal. (d) If a meeting is not requested, then at the expiration of the appropriate time period, Paltar shall give Nation a confirmation notice stating the tabulation and results of the vote.
Appears in 7 contracts
Samples: Earning Agreement (Nation Energy Inc), Earning Agreement (Nation Energy Inc), Earning Agreement (Nation Energy Inc)
Voting by Notice. (a) In lieu of a meeting, any Party may submit any proposal to the Operating Committee for a vote by Notice. The proposing Party shall notify Operator who shall give each representative notice describing the proposal so submitted and whether Paltar Officer considers such operational matter an urgent operational matter. Each Party shall communicate its vote by Notice to Paltar Officer and any other Party within one of the following appropriate time periods after receipt of Operator's notice:
(i) 48 hours in the case of urgent operational matters;
(ii) 14 days in the case of all other proposals.
(b) Except in the case of clause 4.11(a)(i), Nation may by Notice delivered to Paltar Officer within five days after receipt of PaltarOfficer's notice request that the proposal be decided at a meeting rather than by notice. In such an event, that proposal shall be decided at a meeting duly called for that purpose.
(c) Except as provided in clause 10.1(a), a Party failing to communicate its vote in a timely manner shall be deemed to have voted against such proposal.
(d) If a meeting is not requested, then at the expiration of the appropriate time period, Paltar Officer shall give Nation a confirmation notice stating the tabulation and results of the vote.
Appears in 2 contracts
Samples: Earning Agreement (Nation Energy Inc), Earning Agreement (Nation Energy Inc)
Voting by Notice. (a) In lieu of a meeting, any Party may submit any proposal to the Operating Committee for a vote by Notice. The proposing Party shall notify Operator who shall give each representative notice describing the proposal so submitted and whether Paltar considers such operational matter an urgent operational matter. Each Party shall communicate its vote by Notice to Paltar and any other Party within one of the following appropriate time periods after receipt of Operator's notice:
(i) 48 hours in the case of urgent operational matters;
(ii) 14 days in the case of all other proposals.
(b) Except in the case of clause Clause 4.11(a)(i), Nation may by Notice delivered to Paltar within five days after receipt of Paltar's notice request that the proposal be decided at a meeting rather than by notice. In such an event, that proposal shall be decided at a meeting duly called for that purpose.
(c) Except as provided in clause 10.1(aClause 10.1(b), a Party failing to communicate its vote in a timely manner shall be deemed to have voted against such proposal.
(d) If a meeting is not requested, then at the expiration of the appropriate time period, Paltar shall give Nation a confirmation notice stating the tabulation and results of the vote.
Appears in 2 contracts
Samples: Earning Agreement (Nation Energy Inc), Earning Agreement (Nation Energy Inc)
Voting by Notice. (a) In lieu of a meeting, any Party may submit any proposal to the Operating Committee for a vote by NoticeNxxxxx. The proposing Party shall notify Operator who shall give each representative notice describing the proposal so submitted and whether Paltar Pxxxxx considers such operational matter an urgent operational matter. Each Party shall communicate its vote by Notice to Paltar and any other Party within one of the following appropriate time periods after receipt of Operator's notice:
(i) 48 hours in the case of urgent operational matters;
(ii) 14 days in the case of all other proposals.
(b) Except in the case of clause 4.11(a)(i), Nation may by Notice delivered to Paltar within five days after receipt of PaltarPxxxxx's notice request that the proposal be decided at a meeting rather than by notice. In such an event, that proposal shall be decided at a meeting duly called for that purpose.
(c) Except as provided in clause 10.1(a), a Party failing to communicate its vote in a timely manner shall be deemed to have voted against such proposal.
(d) If a meeting is not requested, then at the expiration of the appropriate time period, Paltar shall give Nation a confirmation notice stating the tabulation and results of the vote.
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Voting by Notice. (a) In lieu of a meeting, any Party may submit any proposal to the Operating Committee for a vote by Notice. The proposing Party shall notify Operator who shall give each representative notice describing the proposal so submitted and whether Paltar considers such operational matter an urgent operational matter. Each Party shall communicate its vote by Notice to Paltar and any other Party within one of the following appropriate time periods after receipt of Operator's notice:
(i) 48 hours in the case of urgent operational matters;
(ii) 14 days in the case of all other proposals.
(b) Except in the case of clause 4.11(a)(i), Nation may by Notice delivered to Paltar within five days after receipt of Paltar's notice request that the proposal be decided at a meeting rather than by notice. In such an event, that proposal shall be decided at a meeting duly called for that purpose.
(c) Except as provided in clause 10.1(a10.1(b), a Party failing to communicate its vote in a timely manner shall be deemed to have voted against such proposal.
(d) If a meeting is not requested, then at the expiration of the appropriate time period, Paltar shall give Nation a confirmation notice stating the tabulation and results of the vote.
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