Operating Committee Members definition
Examples of Operating Committee Members in a sentence
Perform such other duties as specifically assigned under this Agreement or as may be conferred upon it by mutual agreement of the Operating Committee Members.
The initial Management Operating Committee Members will be: ▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ and ▇▇▇▇ ▇▇▇▇▇.
A quorum for any Operating Committee meeting shall consist of not less than two (2) Operating Committee Members (one appointed by each General Partner) present either in person or by proxy.
The Operating Committee will consist of two (2) Operating Committee Members, with one (1) Operating Committee Member appointed by each General Partner.
The Company will maintain liability insurance for Directors, Management Operating Committee Members, Audit Committee Members and any member of any other committee of the Board on commercially reasonable terms and in amounts satisfactory to the Board.
A list of the initial Operating Committee Members is provided in Schedule 3.1. The list of Operating Committee Members will be updated by the Operating Agent and distributed to each of the Parties with appropriate contact information as necessary to keep the list current as to membership on the Operating Committee.
At least annually, or more frequently as determined by the Operating Committee, the Operating Agent shall provide to the Operating Committee Members unaudited statements for the preceding fiscal year for all costs that have been incurred pursuant to this Agreement.
The Committee shall represent the Operating Committee Members in all matters arising under this Agreement which may be delegated to it by mutual agreement of the Operating Committee Members.
Each such Party may also designate one or more alternates who may act in the absence of the Party’s Operating Committee Member(s).
Except as expressly provided to the contrary in this Agreement, all actions, decisions, capital calls, determinations, waivers, approvals and consents to be taken or given by the Operating Committee must be unanimously approved by the Operating Committee Members (whether or not present at the meeting at which such vote occurs).