Approval of Programs Clause Samples

Approval of Programs. The Board will review the draft Program prepared and, if it deems fit, adopt the Program with such modifications, if any, as the Board deems necessary by September 1 in the Fiscal Year immediately preceding the Fiscal Year to which the Program relates provided, however, that the Board, may from time to time and any time amend any Program. The Operator will be entitled to an allowance for an Expenditure overrun of 20 % in addition to any budgeted Expenditures and any Expenditures so incurred will be deemed to be included in the Program, as adopted. The estimates of Expenditures contained in the approved Program shall form the basis of the Contribution Demands as set forth in Article 8 hereto. Until a Program is approved by the Board, operations shall continue in accordance with the then current plans as approved by the Management Committee. Such proposed Work Plan and Budget, if approved by the Board, with such amendments thereto as the Board may approve, shall constitute the Work Plan and Budget for the period covered thereby. Except for items requiring a Special Approval, each Work Plan and Budget shall require Majority Board Approval. All items contained in an Work Plan and Budget that do not require a Special Approval shall be deemed approved if the relevant Work Plan and Budget is approved by Majority Board Approval. At each quarterly meeting of the Board (and at such other times as the Board may require), Operator shall discuss the most recent periodic reports prepared pursuant to Section 6.8 and shall identify any variances expected to occur in respect of the then-current Work Plan and Budget, provided that no variances shall require any further approval of the Board.
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Approval of Programs. There are two basic patterns of decision typically employed in approving a request for title II assistance: (i) Regular programs. The cooperating sponsor submits to A.I.D. an Oper- ational Plan or multi-year Operational Plan (see appendix I), describing the program proposed. Also, an AER will be submitted to A.I.D. along with the Operational Plan, estimating the quan- tities of commodities required for each program proposed. AID/W’s approval of and signature on the AER completes this decision process.
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Approval of Programs. The Management Committee shall review the Program submitted and, if it deems fit, approve the Program with such modifications, if any, as the Management Committee deems desirable.
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Approval of Programs. 2.1 Proposed Programs shall be prepared by Access and shall be for one calendar year (or in the event that Access determines that appropriate methods of Exploration or Development require a longer period to accomplish, the proposed Program may be prepared for a longer period to cover such activities). Each adopted Program, regardless of length, shall be reviewed at least once a year at the annual meeting of Access and LLCDA. Notwithstanding whether a portion of a previous year’s Program is being carried forward, at least thirty (30) days prior to the annual meeting of Access and LLCDA, a proposed Program for the succeeding year shall be prepared by Access and submitted to the LLCDA. Within twenty (20) days of receipt of the proposed Program, the LLCDA may submit written comments to Access detailing comments in relation to the proposed Program. If such written comments are received, Access, working with the LLCDA, shall seek for a period of time not to exceed 15 days, consider the comments and if it determines necessary or appropriate prepare a revised Program. Access shall submit the final Program to the LLCDA for their comment five (5) days prior to the annual meeting of Access and LLCDA. The final Program shall be as approved by Access following the consultations set out in this Agreement. 2.2 At the annual meeting, LLCDA shall be presented with the Program. In the event that the Program proposes to commence recovery of Mining Products, the Program shall be subject to approval in writing by the LLCDA, on behalf of the Community, prior to commencement of mining activities pursuant to such Program.
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Related to Approval of Programs

  • Approval of Plans Landlord will not check Tenant drawings for building code compliance. Approval of the Final Plans by Landlord is not a representation that the drawings are in compliance with the requirements of governing authorities, and it shall be Tenant’s responsibility to meet and comply with all federal, state, and local code requirements. Approval of the Final Plans does not constitute assumption of responsibility by Landlord or its architect for their accuracy, sufficiency or efficiency, and Tenant shall be solely responsible for such matters.

  • Approval of Plan Approval of the Plan by the Commissioner of Internal Revenue as referred to in 17.1 means a continuing approval sufficient to establish that the Plan and related trust(s) are at all times qualified and exempt from income tax under Section 401(a) and other applicable provisions of the Internal Revenue Code of 1986, and that contributions made by the Company under the Plan are deductible for income tax purposes in accordance with law. The cognizant governmental authorities referred to in 17.1 include, without limitation, the Department of Labor, the Pension Benefit Guaranty Corporation and the Securities and Exchange Commission, and their approval means their confirmation with respect to any matter within their regulatory authority that the Plan does not conflict with applicable law.

  • Approval of Agreement The Board of Directors of the Company has authorized the execution and delivery of this Agreement by the Company and has approved this Agreement and the transactions contemplated hereby.

  • Approval of Listing At the Closing Time, the Securities shall have been approved for listing on the New York Stock Exchange, subject only to official notice of issuance.

  • Waiver of Notice; Approval of Meeting; Approval of Minutes The transactions of any meeting of Limited Partners, however called and noticed, and whenever held, shall be as valid as if it had occurred at a meeting duly held after regular call and notice, if a quorum is present either in person or by proxy. Attendance of a Limited Partner at a meeting shall constitute a waiver of notice of the meeting, except when the Limited Partner attends the meeting for the express purpose of objecting, at the beginning of the meeting, to the transaction of any business because the meeting is not lawfully called or convened; and except that attendance at a meeting is not a waiver of any right to disapprove the consideration of matters required to be included in the notice of the meeting, but not so included, if the disapproval is expressly made at the meeting.