Common use of Joint Management Team Clause in Contracts

Joint Management Team. The City and University will cause their duly authorized representatives to continue to serve on the Joint Management Team for the purpose of cooperating and collaborating on all activities associated with the Procurement and the management of the Project. 3.3.1. Subject to the oversight of the Joint Board, the Joint Management Team has and may exercise all rights, powers, functions and duties as are necessary, useful or appropriate to assist the Parties in the performance of their responsibilities with respect to the Project hereunder, including without limitation by managing and executing the Procurement and by monitoring and reporting on the progress of the Project. 3.3.2. Should any disagreement arise within the Joint Management Team between representatives of the City, on the one hand, and representatives of the University, on the other hand, the matter will be submitted to the Joint Board for resolution. In the event the Joint Board is deadlocked on the matter, the disagreement will be resolved in the manner described in the Interlocal Agreement. 3.3.3. Each Party shall be responsible for the compensation and benefits of its own representatives serving on the Joint Management Team. 3.3.4. The Joint Management Team will continue to seek and facilitate the participation of the RDC and PRF in the preparatory work for the Project and in the process for overseeing and managing the Procurement, taking into account their mutual interest in the successful development of State Street and the Western Gateway District, as well as their role in providing funding and financial resources for the Infrastructure Works Package and the Project. For their part, and consistent with their respective missions, the RDC and PRF will cooperate with the Joint Board and the Joint Management team and use their best efforts to take, or cause to be taken, all actions necessary or desirable to advance the Project in the manner outlined in this Agreement. 3.3.5. Notwithstanding anything in the Interlocal Agreement to the contrary, the Parties hereto are independent parties, and nothing contained herein or therein shall be deemed to create a partnership, joint venture, or employer-employee relationship between them or their representatives for purposes of federal or state tax law, or otherwise.

Appears in 2 contracts

Sources: Project Development Agreement, Project Development Agreement