COMMITTEE OPERATION definition

COMMITTEE OPERATION. The supervisory committee shall meet as many times as necessary for the correct fulfilment of its duties and may be called upon by any of the Syndics at least three days in advance. It shall validly meet with the necessary attendance of its three members. Its decisions shall be taken pursuant to the favourable vote of at least two Syndics, without prejudice to the rights which may individually correspond to every Syndic pursuant to law and in accordance with the provisions of the last part of section 290 of Law 19,550. The supervisory committee shall choose among its members a chairman who shall preside the meetings of the body and shall be in charge of the execution of the actions and resolutions taken by the former. The chairman of the Supervisory Committee shall be appointed alternatively, always for a one year's term. For the first fiscal year, the Chairman shall be elected between the Syndics chosen by Class A Shareholders. For the second fiscal year, the Syndic appointed by Class B shareholders shall be chosen and so on. Their compensation shall be fixed by the Regular Shareholders' Meeting pursuant to the provisions of the legislation in effect.----------------------------------------------- SECTION TWENTY. SHAREHOLDERS' MEETING. Regular and Special shareholders' meetings shall be called by the Board of Directors or the 13 supervisory committee to deal with the subjects contemplated under sections 234 and 235 of Law 19,550 respectively, during FIVE days' publication at least TEN and not more than THIRTY days in advance in the official Gazette and in one of the general leading newspapers of the Republic of Argentina. Shareholders shall be also given written notice in connection therewith when they were domiciled or had established domicile in the Republic of Argentina, being the same registered on corporate records. Notices related to Regular or Special Shareholders' Meetings shall comply with the requirements porvided for under section 237 of Law 19,550.------------------------------------------ SECTION TWENTY-ONE. REGULAR SHAREHOLDERS' MEETING: Regular Shareholders' Meetings shall be deemed constituted on first call with the attendance of shareholders representing the majority of shareholders entitled to voting. If such quorum is not reached, they shall be called for the second time within the thirty following days. There shall be notices published at least three and no more than eight days in advance to the date of the meeting. The Regular shareho...
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Examples of COMMITTEE OPERATION in a sentence

  • SUPERVISORY COMMITTEE OPERATION: The supervisory committee shall meet as many times as necessary for the correct fulfilment of its duties and may be called upon by any of the Syndics at least three days in advance.

Related to COMMITTEE OPERATION

  • Network Operating Committee means a group made up of representatives from the Network Customer(s) and the Transmission Provider established to coordinate operating criteria and other technical considerations required for implementation of Network Integration Transmission Service under Tariff, Part III.

  • Operating Committee means the Operating Committee of Epoch which meets frequently and is responsible for implementing the Company’s strategy, making operational decisions and overseeing the day-to-day running of the Company.

  • Management Committee means in the case of a Competition which is an unincorporated association, the management committee elected to manage the running of the Competition and where the Competition is incorporated it means the Board of Directors appointed in accordance with the articles of association of that company.

  • Development Committee shall have the meaning set forth in Section 3.4.1.

  • Project Steering Committee means the committee referred to in Section I.A.1 of Schedule 2 to this Agreement.

  • Committee Member means a member of the Committee.

  • Committee Members means persons formally appointed by the Board to sit on or to chair specific committees.

  • Joint Development Committee or “JDC” has the meaning set forth in Section 3.10.

  • Screening Committee means the State level Screening Committee constituted in terms of sub-rule (2) of rule 123 of these rules.

  • Management Team means Xxxxxx X. X’Xxxxxxx, Xxxxxxx X. Xxxxxx, Xx. and Xxxxx X. Xxxxxxxxxx.

  • Ethics Committee means an independent body established in a Member State in accordance with the law of that Member State and empowered to give opinions for the purposes of this Regulation, taking into account the views of laypersons, in particular patients or patients' organisations;

  • Coordinating Committee means the committee designated and elected as provided in section 16d in connection with a township consolidation.

  • Transition Committee shall have the meaning set forth in Section 2.14.

  • Executive Team means certain senior executives, including members of management covered by Rule 16(b) under the Securities and Exchange Act of 1934, designated by the Committee as the key executive management of the Company, CVI and CSI.

  • Monitoring Committee means the committee established under clause 10 of this Award.

  • Benefits Committee means the Employee Benefits Committee of Textron.

  • Team Leader means an employee who is in a set or team and who is generally responsible for the work executed by the employees comprising such set or team;

  • Advisory Committee means the Employer's Advisory Committee as from time to time constituted.

  • Joint Committee means the Joint Committee established by Article 164(1) of the withdrawal agreement;

  • Executive Management means the CEO and the CFO for purposes of administering this Plan.

  • Compensation Committee means the Compensation Committee of the Board.