Partnership Governance Committee Action definition

Partnership Governance Committee Action means any action which the Partnership Governance Committee is authorized and empowered to take in accordance with this Agreement and the Act and which is taken by the Partnership Governance Committee either (i) by action taken at a meeting of the Partnership Governance Committee duly called and held in accordance with this Agreement or (ii) by a formal written consent complying with the requirements of Section 6.5(f). In no event shall the Partnership Governance Committee be authorized to act other than by Partnership Governance Committee Action, and any action or purported action by the Partnership Governance Committee (including any authorization, consent, approval, waiver, decision or vote) not constituting a Partnership Governance Committee Action shall be null and void and of no force and effect. Each Partnership Governance Committee Action shall be binding on the Partnership.
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Partnership Governance Committee Action has the meaning specified in Section 3.6(A) of the Partnership Agreement.
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Partnership Governance Committee Action has the meaning specified in Section 3.06.(A) of the Partnership Agreement. All uses of the term "Owners Committee Action" elsewhere in Agreement are changed to the term "Partnership Governance Committee Action".
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Examples of Partnership Governance Committee Action in a sentence

  • No Partnership Governance Committee Action may be taken at any meeting at which a quorum is not present.

  • The Partnership Governance Committee may by Partnership Governance Committee Action authorize the CEO to cause the Partnership to borrow funds from third party lenders.

  • Each General Partner agrees not to exercise, or purport or attempt to exercise any authority (i) to act for or incur, create or assume any obligation, liability or responsibility on behalf of the Partnership or any other Partner, (ii) to execute any documents on behalf of, or otherwise bind, or purport or attempt to bind, the Partnership or (iii) to otherwise transact any business in the Partnership's name, in each case except pursuant to Partnership Governance Committee Action.

  • Except as expressly set forth in this Agreement, each General Partner agrees to exercise its authority to manage and control the Partnership only through Partnership Governance Committee Action.

  • As such coverages become subject to renewal or otherwise expire, the Partnership, by Partnership Governance Committee Action, shall approve any material change in the amount and scope of such coverages (including the extent to which the Partnership will continue to be included as an additional named insured under LParent's insurance program), or in the portion of the premium charges for such coverages allocable to the Partnership.

  • Accordingly, Partnership Governance Committee Action with respect to a Conflict Circumstance (other than a Conflict Circumstance described in Section 6.7(xx), which shall be governed by Section 6.7) shall require the approval of two Representatives of the Nonconflicted General Partner.

  • Prior to November 15 of each fiscal year, the CEO shall prepare and submit to the Partnership Governance Committee for approval each of the budgets for the ensuing fiscal year (and, as appropriate, for subsequent periods), and on or before December 1, the Partnership Governance Committee shall by Partnership Governance Committee Action approve, with such modifications as it considers appropriate, each such budget.

  • The Partnership Governance Committee may by Partnership Governance Committee Action, authorize the CEO to cause the Partnership to borrow funds from third party lenders.

  • Except as otherwise expressly provided in this Agreement, the approval of Representatives representing a majority of the total 100 votes will be sufficient for the Partnership Governance Committee to take any Partnership Governance Committee Action.

  • The officers of the Company on the Conversion Date shall remain in office until such officers are changed by Partnership Governance Committee Action.


More Definitions of Partnership Governance Committee Action

Partnership Governance Committee Action has the meaning set forth in Section 6.1.
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Related to Partnership Governance Committee Action

  • Governance Committee means the Governance Committee of the Board.

  • Nominating and Corporate Governance Committee means the nominating and corporate governance committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.

  • Nominating Committee means the nominating committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.

  • Audit Committee means the audit committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.

  • Finance Committee means the Finance Committee of the University;

  • 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;

  • Nominations Committee means the nominations committee established pursuant to Article 100(k).

  • Nomination Committee means the nomination committee of the Board established in accordance with Article 116;

  • Nomination and Remuneration Committee means a Committee of Board of Directors of the Company, constituted in accordance with the provisions of Section 178 of the Companies Act, 2013 and the Listing Agreement.

  • 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.

  • Compliance Committee means the committee referenced under the Federated Code of Business Conduct and Ethics, consisting of, among others, the Chief Compliance Officer, the General Counsel, the Chief Audit Executive and the Chief Risk Officer.

  • Governance “Governing” and “Governed” have meanings correlative thereto.

  • 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.

  • Managing Committee means the individual or the body of individuals entrusted or charged with the management and administration of a private educational institution and where a society, trust, or an association manages more than one such institution, includes the managing committee of each such institution;

  • Compensation Committee means the Compensation Committee of the Board.

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

  • Independent Board Committee means the independent board committee of the Company

  • Sub-Committee means a committee of a committee created by the board.

  • Benefits Committee means the Employee Benefits Committee of Textron.