Formation Committee definition

Formation Committee means the committee that prior to election of an Executive Committee will represent the common, collective interests of those companies and organizations that have expressed their desire and intent to form a consortium, and to guide the efforts of the represented organizations in rapidly forming the MSTIC and commencing discussions with the Government regarding establishing an Other Transaction Agreement (OTA). Until such time that the Executive Committee is established, the Formation Committee will serve as the Executive Committee as described in the CMA. A CMF representative shall serve as Chair of the Formation Committee.
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Formation Committee means a formal or information organization of “property owners” who seek to form a MAD and will lead the effort in the community to outreach to fellow property owners and gather support and to conduct the feasibility study.
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Formation Committee means a committee formed in terms of subsection (1) of section twelve;
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Examples of Formation Committee in a sentence

  • A Formation Committee Charter will govern the responsibilities of the committee.

  • Representatives from the Formation Committee Members (Exhibit A) will comprise the Formation Committee.

  • Within six (6) to twelve (12) months after the start-up of the consortium, when a suitable base of members representing all categories has joined, the Formation Committee will dissolve and transition to a leadership structure by Executive Committee as described below.

  • During the start-up period of the IWRP a Formation Committee will convene to guide the establishment of the Consortium.

  • During the start-up period of the MSTIC, the Consortium Management Firm will convene a Formation Committee to guide the establishment of the Consortium (Exhibit A).

  • During the start-up period of the SpEC, the Consortium Manager will convene a Formation Committee to guide the establishment of the Consortium.

  • During the start-up period of the CWMD a Formation Committee will convene to guide the establishment of the Consortium.

  • Concurrent with your Board’s approval in October 2000 of the implementation plan developed, County Counsel was authorized to assist the Executive Formation Committee in filing the MdR CVB’s articles of incorporation with the California Secretary of State.

  • Typically within six (6) months after the award of an Other Transactions Agreement, when a suitable base of Members representing all categories has joined, the Formation Committee will dissolve and transition to a leadership structure by Executive Committee as described below.

  • In May 2000, your Board approved an action plan and a timeline for the formation of the MdR CVB and created an Executive Formation Committee to develop an implementation plan setting forth the steps and necessary documents to form the MdR CVB.