Board Approval No reimbursement shall be paid to the Investment Adviser pursuant to this provision in any fiscal year, unless the Trust's Board of Trustees has determined that the payment of such reimbursement is appropriate in light of the terms of this Agreement. The Trust's Board of Trustees shall determine quarterly in advance whether any portion of the Reimbursement Amount may be paid to the Investment Adviser in such quarter.
Prior Approval The Engineer shall not assign, subcontract or transfer any portion of professional services related to the work under this contract without prior written approval from the State.
Approval This Agreement shall not be binding until it has been approved by the Committee during a duly noticed Committee meeting.
Shareholder Approval The Company Shareholder Approval shall have been obtained.
Stockholder Approval The Company Stockholder Approval shall have been obtained.
Plan Approval 5.5.1.1 The A/E shall secure the required structural, plumbing, HVAC, and electrical plan approvals.
City Approval Wherever any approval or consent of the City, or of any of its departments, officials or employees, is called for under this Agreement, the same shall not be unreasonably withheld or delayed.
BOARD’S APPROVAL The Agreements were approved by the Board. Since no Director has material interest in the transactions contemplated under the Agreements, thus none of the Directors abstained from voting at the Board’s meeting to approve the Agreements.
Compensation Committee (A) The Compensation Committee shall be composed of not more than five (5) members who shall be selected by the Board of Directors from its own members who are not officers of the Company and who shall hold office during the pleasure of the Board.
City Council Approval It is agreed that this MOU is of no force or affect until ratified by the City Council of the City of Lompoc.