The Finance Committee definition
Examples of The Finance Committee in a sentence
The Finance Committee shall also review and comment upon any additional or amended budgets prepared by the Office of the Interconnection at the request of the PJM Board or the Members Committee.
The Finance Committee shall submit its analysis of and recommendations on the budgets to the PJM Board, with copies to the Members Committee.
The Finance Committee shall be responsible for reviewing and recommending the Foundation’s budgets and reviewing the forecasts; advising and assisting the Foundation Board with investment management policy and activities as specified in the Investment Operations Manual; providing oversight of the Foundation’s expenditure of donated funds; and reporting its findings and conclusions to the Foundation Board.
The Finance Committee shall also perform such other duties as these Bylaws or the Board of Directors may prescribe.
The Finance Committee reviews the warrant, making recommendations on items of business to be presented.
The Finance Committee shall consist of the Chief Executive Officer, not less than 2 other members of the Board of Directors and not more than two officers of the Corporation who are not members of the Board of Directors.
The Finance Committee shall exercise, subject to applicable provisions of law, the functions regularly administered by committees of such type including, without limitation, to make recommendations to the Board with respect to the Company's credit arrangements, the issuance of equity and long term debt instruments and other financial matters.
The Finance Committee shall advise the Board with respect to the oversight of the financial operations and conditions of the Company, including recommendations for Company’s annual operating and capital budgets.
The Finance Committee shall be composed of six individuals, three appointed by each Member.
The Finance Committee shall receive all reports and audits regarding Claims resolution in the Settlement Facility and the Litigation Facility, including results of quality control reviews and appeals, and may request and arrange for any additional reports or reviews.