Detailed Engineering. The Chairman shall use his reasonable efforts to deliver the Detailed Engineering to the Management Committee on or before November 1, 1997. The Management Committee shall meet and consider such Detailed Engineering to determine whether the Company should proceed with Operations on the Properties and the construction of the Initial Plant. The Company shall not commence Operations on the Properties or the construction of the Initial Plant unless and until the Management Committee has approved the Detailed Engineering.
Appears in 2 contracts
Sources: Operating Agreement (Crown Energy Corp), Operating Agreement (Crown Energy Corp)