Building a Governance Organization Sample Clauses

Building a Governance Organization. Setting up an informal or formal governance structure or an oversight organization can be accomplished in several ways. There are available studies and detailed information on what elements are required to create a solid governance organization. Before setting up a special governance organization, consult any relevant state statutes. Some general steps that can guide the new organization are identified below: Set the vision for the data-sharing governance Establishing the need for a governance organization is the first step. This will guide how the governance organization is set up as well as the long-term operation of the organization. Clearly define the goals and objectives of the governance organization and data sharing among the partners. Identify the participants and representatives Gather an active, balanced, and accountable membership. Align the membership with the needs and priorities of the group that engages in and is impacted by data sharing. Document membership requirements and identify the roles and responsibilities of the participants and the entities they represent. Routinely assess if the requirements are being met by each participant and that their participation is sanctioned by the entity they represent. Determine how member attrition is handled and how jurisdictional differences are managed. Establish organization documents, committees, and subcommittees Once the organization has defined the why and who should be engaged, the next step is to determine the how. Some tasks included are: • Charter with bylaws – Frequently referred to as articles of incorporation, a charter brings the organization into existence as a legal entity. Bylaws are also legal documents, but they set up the internal structure and rules of the organization (i.e., the framework for internal governance and day-to-day operations). • Committees or subcommittees – Set up temporary or permanent committees or subcommittees. • Policies and procedures – Develop the policies and procedures necessary to operate the organization. • Funding – Determine funding needs and sources. Establish data sharing and policies that achieve goals set in the governance vision With the organization identified, data-sharing systems are implemented and data sharing and its use can begin. • Identify data stewards and owners within each participating entity. • Educate stewards and the organization about data governance. • Implement systems policies and procedures to share data. Maintain and store da...
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Related to Building a Governance Organization

  • Due Organization The Seller is an entity duly organized, validly existing and in good standing under the laws of its jurisdiction of organization, and has all licenses necessary to carry on its business now being conducted and is licensed, qualified and in good standing under the laws of each state where a Mortgaged Property is located or is otherwise exempt under applicable law from such qualification or is otherwise not required under applicable law to effect such qualification; no demand for such qualification has been made upon the Seller by any state having jurisdiction and in any event the Seller is or will be in compliance with the laws of any such state to the extent necessary to enforce each Mortgage Loan and with respect to Cendant Mortgage, service each Mortgage Loan in accordance with the terms of this Agreement.

  • Due Organization, etc Parent is a company duly organized and validly existing under the laws of the jurisdiction of its incorporation. Parent has all necessary corporate power and authority to execute and deliver this Agreement and to consummate the transactions contemplated hereby. The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby by Parent have been duly authorized by all necessary action on the part of Parent.

  • Corporate Organization (a) Seller is a corporation duly organized, validly existing and in corporate good standing under the laws of the State of Delaware. Seller has all requisite corporate power and authority to own, lease or operate all of its properties and assets and to carry on its business as it is now being conducted. Seller is duly licensed or qualified to do business and is in corporate good standing in each jurisdiction in which the nature of the business conducted by it or the character or location of the properties and assets owned, leased or operated by it makes such licensing or qualification necessary, except where the failure to be so licensed or qualified and in corporate good standing has not and would not reasonably be expected to have, either individually or in the aggregate, a Seller Material Adverse Effect. The Certificate of Incorporation and the Bylaws of Seller, copies of which have previously been made available to Parent and Purchaser, are true, correct, and complete copies of such documents as currently in effect. (b) Section 5.1(b) of the Seller Disclosure Schedule sets forth the name and jurisdiction of organization of each Subsidiary of Seller. Each of Seller’s Subsidiaries is duly organized, validly existing and, if applicable, in corporate good standing under the laws of the jurisdiction of its organization. Each of Seller’s Subsidiaries has all requisite corporate power and authority to own, lease or operate all of its properties and assets and to carry on its business as it is now being conducted. Each of Seller’s Subsidiaries is duly licensed or qualified to do business in each jurisdiction in which the nature of the business conducted by it or the character or location of the properties and assets owned, leased, or operated by it makes such licensing or qualification necessary, except where the failure to be so licensed or qualified and in good standing has not had and would not reasonably be expected to have, either individually or in the aggregate, a Seller Material Adverse Effect. (c) The articles or certificate of incorporation and bylaws or equivalent organizational documents of each of the Subsidiaries of the Seller, copies of which have previously been made available to Parent and Purchaser, are true, correct, and complete copies of such documents as currently in effect.

  • Technical and Organizational Measures The following sections define SAP’s current technical and organizational measures. SAP may change these at any time without notice so long as it maintains a comparable or better level of security. Individual measures may be replaced by new measures that serve the same purpose without diminishing the security level protecting Personal Data.

  • Corporate Organization, Etc Company is a corporation duly organized, validly existing and in good standing under the laws of the State of Nevada with the requisite corporate power and authority to carry on its business as it is now being conducted and to own, operate and lease its properties and assets, is duly qualified or licensed to do business as a foreign corporation in good standing in every other jurisdiction in which the character or location of the properties and assets owned, leased or operated by it or the conduct of its business requires such qualification or licensing, except in such jurisdictions in which the failure to be so qualified or licensed and in good standing would not, individually or in the aggregate, have a Material Adverse Effect (as defined below) on Company. Company Disclosure Schedule contains a list of all jurisdictions in which Company is qualified or licensed to do business and includes complete and correct copies of Company’s articles of incorporation and bylaws. Company does not own or control any capital stock of any corporation or any interest in any partnership, joint venture or other entity.