Project Bodies Clause Samples

The 'Project Bodies' clause defines the specific groups, committees, or organizational units established to oversee, manage, or execute a project. It typically outlines the composition, roles, and responsibilities of these bodies, such as steering committees, working groups, or advisory panels, and may specify how members are appointed or replaced. By clearly delineating the structure and authority of each project body, this clause ensures effective project governance and decision-making, reducing ambiguity and facilitating smooth project execution.
Project Bodies. 5.2.1 General Assembly: viii responsibility of the General Assembly 5.
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Project Bodies. 6.3.1 Steering Committee (SC) i. Allocating the Project’s budget in accordance with the Grant Agreement (including the Project Plan shown in its Annex I as modified and agreed Implementation Plan), deciding upon the allocation of the Community Financial Contribution for management of the Project, and reviewing and proposing to the Contractors Consortium Budget transfers; ii. Deciding upon a change of the list of Affiliated Entity, when requested; iii. Making proposals to the Contractors for the review and/or amendment of terms of the Grant Agreement and/or this Consortium Agreement; iv. Deciding to suspend all or part of the Project or to terminate all or part of the Grant Agreement, or to request the Commission to terminate the participation of one or more Contractors; v. In case of default of a Contractor deciding on actions to be taken against the Defaulting Contractor (in accordance with Article 10), including a request to the Commission for an audit or for the assistance of the Commission, and making proposals to the other Contractors to assign the Defaulting Contractor’s incomplete Allocated Work, and if appropriate to agree upon a new entity to join the Project for that purpose; vi. In case of default of the Coordinator in the performance of its tasks as a Coordinator, deciding on actions to be taken and possible nomination of a new Coordinator; vii. Deciding upon the entering into the Grant Agreement and the Consortium Agreement of new Contractors; NGIN CONSORTIUM AGREEMENT FINAL VERSION JANUARY 2008 viii. Without prejudice to Article 8, setting procedures and policies in accordance with the Grant Agreement, Annex II General Conditions — Part C for the management of the Foreground; ix. Deciding upon the designation of the deposit account and rules for the management of the Community Financial Contribution and for the management budget rules in accordance with Article 7 herein; x. Deciding upon major changes in Work Packages, particularly creation, reallocation, or termination of Work Packages; xi. Deciding on technical roadmaps of the Project; xii. Deciding upon the selection of additional expertise (Subcontractors);
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Project Bodies 
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Related to Project Bodies

  • Project Background 6.1.1. Brief description of Contracting Agency’s project background and/or situation leading to this Project

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  • Project Contracts Prior to the delivery of this Lease, the Company may have entered into a contract or contracts with respect to the acquisition and/or construction of the Improvements. Those contracts, and any such contracts entered into by the Company after delivery of this Lease are hereinafter referred to as the “Project Contracts.” Prior to the delivery hereof, certain work has been or may have been performed on the Improvements pursuant to said Project Contracts or otherwise. Subject to the Lender’s rights in the Project Contracts, the Company hereby conveys, transfers and assigns to the Issuer all of the Company’s rights in, but not its obligations under the Project Contracts and the Issuer hereby designates the Company as Issuer’s agent for the purpose of executing and performing the Project Contracts. After the execution hereof, the Company shall cause the Project Contracts to be fully performed by the contractor(s), subcontractor(s) and supplier(s) thereunder in accordance with the terms thereof, and the Company covenants to cause the Improvements to be acquired, constructed and/or completed in accordance with the Project Contracts. Any and all amounts received by the Issuer, the Trustee or the Company from any of the contractors or other suppliers by way of breach of contract, refunds or adjustments shall become a part of and be deposited in the Project Fund.