Strategic Development Committee definition

Strategic Development Committee means a committee of the Board (consisting of three (3) members as of the date of this Agreement) which has power and authority to evaluate and discuss any acquisition, disposal, sale, transfer, lease, capital expenditure (both committed and actual spending) or any other transaction not in the ordinary course of business that is, or may be deemed to be, material to the businesses of the Company or any of the other Group Companies, including any material acquisition of data center projects.
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Strategic Development Committee means the strategic development committee of the board of directors of the Issuer;
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Examples of Strategic Development Committee in a sentence

  • There is strong student representation on our Board of Management, and representation on board committees, specifically our Strategic Development Committee, which ensures that the student body is also involved in strategic discussions related to our Outcome Agreement and in its approval.

  • Each Party shall designate two (2) individuals to be its authorized representatives on the Strategic Development Committee (each a “SDC Representative”).

  • The SDC Chair shall provide the applicable Study Team written notice, with a copy to all other SDC Representatives, of any final decision regarding an Unresolved Issue reached by the Strategic Development Committee pursuant to this clause (ii).

  • Each Charter Agreement will set out the procedures pursuant to which an unresolved issue, requiring the unanimous consent of the Study Team members, may be brought before the Strategic Development Committee (each an “Unresolved Issue”).

  • Merck shall also appoint one of the SDC Representatives it has designated as the chair of the Strategic Development Committee (the “SDC Chair”).

  • The terms of reference of the Strategic Development Committee shall be in a form agreed by the Investor and the Board.

  • The Strategic Development Committee shall determine standard Test Hours for all ETS Tests.

  • Accordingly, the parties agree to establish the Strategic Development Committee and to use their best efforts to accomplish the objectives of this Agreement and to meet the deadlines contained in the schedules that will be developed and agreed to hereunder, from time to time.

  • The standard Test Hours for all Non-ETS Tests administered by Sylvan shall be determined by the particular non-ETS client and reviewed by the Strategic Development Committee.

  • Sylvan agrees to follow the ETS approved directives of the Strategic Development Committee.