Common use of Voting effects Clause in Contracts

Voting effects. The resolutions of the Operating Committee bind the Consortium Members, except for cases in which a certain proposal not approved by the Operating Committee is undertaken by the Contracted Party as Operations with Exclusive Risks.

Voting effects. 1.40. The resolutions of the Operating Committee bind the Consortium Members, except for cases in which a certain proposal not approved by the Operating Committee is undertaken by the Contracted Party as Operations with Exclusive Risks.

Voting effects. The resolutions of the Operating Committee bind oblige the Consortium Members, except for in cases in which where a certain proposal proposition not approved by the Operating Committee is undertaken assumed by the Contracted Party Contractors as Operations with Exclusive RisksRisk Operations.