Common use of Voting Procedure Clause in Contracts

Voting Procedure. Except as otherwise expressly provided in this Agreement, all decisions, approvals and other actions of the Operations Management Board on all proposals coming before it under this Agreement shall be decided by the affirmative vote of two (2) or more Parties, which are not Affiliates, then having collectively more than seventy six percent (76%) of the Participating Interests.

Appears in 3 contracts

Samples: www.sec.gov, resourcecontracts-nrgi.s3-us-west-2.amazonaws.com, Agreement (Kosmos Energy Ltd.)

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Voting Procedure. Except as otherwise expressly provided in this Agreement, all decisions, approvals and other actions of the Operations Management Board Operating Committee on all proposals coming before it under this Agreement shall be decided by the affirmative vote of two (2) or more Parties, Parties which are not Affiliates, Affiliates then having collectively more than seventy six at least sixty percent (7660%) of the Participating Interests.

Appears in 3 contracts

Samples: Joint Operating Agreement, Operating Agreement (Kosmos Energy Ltd.), Joint Operating Agreement

Voting Procedure. Except as otherwise expressly provided in this Agreement, all decisions, approvals and other actions of the Operations Management Board Operating Committee on all proposals coming before it under this Agreement shall be decided by the affirmative vote of two (2) or more Parties, which are not Affiliates, then having collectively more than seventy six at least sixty five percent (7665%) of the Participating Interests.

Appears in 2 contracts

Samples: International Joint Operating Agreement (Drucker Industries Inc), International Joint Operating Agreement (Transatlantic Petroleum Corp)

Voting Procedure. 5.9.A Except as otherwise expressly provided in this Agreement, all decisions, approvals approvals, and other actions of the Operations Management Board Operating Committee on all proposals (other than proposals on matters reserved to the Parties) coming before it under this Agreement shall be decided by the affirmative vote of two (2) or more Parties, which Parties that are not Affiliates, Affiliates then having collectively more than seventy six at least sixty five percent (7665%) of the Participating Interests.

Appears in 1 contract

Samples: Joint Operating Agreement (Discovery Energy Corp.)

Voting Procedure. Except as otherwise expressly provided in this Agreement, all decisions, approvals and other actions of the Operations Management Board Operating Committee on all proposals coming before it under this Agreement shall be decided by the affirmative vote of two at least eighty-five per cent (2) or more Parties, which are not Affiliates, then having collectively more than seventy six percent (7685%) of the Participating Interestsvoting interests.

Appears in 1 contract

Samples: Asset Purchase Agreement (AsherXino Corp)

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Voting Procedure. Except as otherwise expressly provided in this Agreement, all decisions, approvals and other actions of the Operations Management Board Operating Committee on all proposals coming before it under this Agreement shall be decided by the affirmative vote of two __________ (2) or more Parties, which are not Affiliates, then having collectively more than seventy six at least ___________ percent (7665%) of the Participating Interests.

Appears in 1 contract

Samples: Agreement (Abacan Resource Corp)

Voting Procedure. Except as otherwise expressly provided in this Agreement, all decisions, approvals approvals, and other actions of the Operations Management Board Operating Committee on all proposals (other than proposals on matters reserved to the Parties) coming before it under this Agreement shall be decided by the affirmative vote of two (2) or more Parties, which Parties that are not Affiliates, Affiliates then having collectively more than seventy six at least 75 percent (7675%) of the Participating Interests.

Appears in 1 contract

Samples: August (Duma Energy Corp)

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