Examples of DevCo Board in a sentence
Each of the conditions set forth in Section 5.1 is for the benefit of DevCo, and the DevCo Board may, in its sole and absolute discretion, determine whether to waive any condition, in whole or in part.
Any determination made by the DevCo Board concerning the satisfaction or waiver of any or all of the conditions set forth in Section 5.1 will be conclusive and binding on the Parties.
The Parties shall, prior to the Effective Time, take all actions, including obtaining appropriate resolutions of the DevCo Board and the SpinCo Board, and providing all notices and obtaining all consents, that are necessary or desirable to give effect to the transactions contemplated by this Article IV.
DevCo’s leadership discussed these engineering delays at meetings of the DevCo Board and elsewhere.
On 09 July 2019Cabinet approved the appointment of MGC LLP representatives to sit on the DevCo Board.
At the September 6, 2016 meeting of the DevCo Board, DevCo’s Project Manager reported that Iberdrola had fallen even further behind and predicted a one-to-two-month delay in the Substantial Completion Date if it did not change course.
In early October 2016, the DevCo Board discussed the Project schedule that Iberdrola had submitted in September, specifically noting that Iberdrola had delayed the Substantial Completion Date by 88 days.
At these meetings of the DevCo Board, DevCo’s Project Manager also discussed delays associated with procurement difficulties and Iberdrola’s problematic management of its subcontractors.
Notwithstanding Iberdrola’s repeated claims to be able to recover delays, the DevCo Board was alarmed by this development.
Officers stated that both the CATC Board and the DevCo Board would have an Independent Chairman with relevant experience and expertise in addition to the Director of Housing.