Submission of Joint Operating Agreement Sample Clauses

Submission of Joint Operating Agreement. ‌ 4.1.1 Where the Contractor consists of more than one Person: 4.1.1.1 their liability shall be joint and several (other than in relation to the corporate taxes, where the liability shall be several); and 4.1.1.2 the Persons shall enter into a Joint Operating Agreement binding the Persons constituting the Contractor.‌ 4.1.2 Where such persons under clause 4.
Submission of Joint Operating Agreement. 3.1.1 Where the Licensee consists of more than one Person: (a) their liability shall be joint and several (other than in relation to the corporate taxes, where the liability shall be several); and (b) the Persons shall enter into a Joint Operating Agreement binding the Persons constituting the Licensee. 3.1.2 Where such persons under Article 3.1.1(b) enter into a Joint Operating Agreement, the Licensee shall provide a copy of the Joint Operating Agreement (including any amendment thereof) to the Commissioner for review. 3.1.3 The Commissioner shall have twenty (20) days following submission of the Joint Operating Agreement under Article 3.1.2 to submit to the Licensee suggested modifications and revisions thereto. Following consultation with the Commissioner, the Licensee shall consider in good faith the inclusion of such suggested modifications and revisions against Best Industry Practice and update the Joint Operating Agreement to reflect any changes it deems appropriate following such consultation. The provisions of this Article 3.1.3 shall be without prejudice to any other obligations of the Licensee regarding the form and content of the Joint Operating Agreement which are otherwise set out in this Article 3 or elsewhere in this Licence. 3.1.4 In case of expiry of the period of twenty (20) days following submission of the Joint Operating Agreement under Article 3.
Submission of Joint Operating Agreement. 4.1.1 Where the Contractor consists of more than one Person: 4.1.1.1 their liability shall be joint and several (other than in relation to the corporate taxes, where the liability shall be several); and 4.1.1.2 the Persons shall enter into a Joint Operating Agreement binding the Persons constituting the Contractor. 4.1.2 Where such persons under clause 4.1.1.2 enter into a Joint Operating Agreement, the Contractor shall provide a copy of the Joint Operating Agreement (including any amendment thereof) to the SPA for approval. 4.1.3 The SPA shall have sixty (60) days following submission of the Joint Operating Agreement under clause 4.1.2 to approve the Joint Operating Agreement. If the SPA has reasonable grounds for refusal the SPA may refuse refusal within the same period of time or submit to the Contractor suggested modifications and revisions thereto. 4.1.4 Following consultation with the Contractor, the Contractor shall consider in good faith the inclusion of such suggested modifications and revisions against Best Industry Practice and update the Joint Operating Agreement to reflect any changes made by the SPA, and re-submit the Joint Operating Agreement to the SPA for approval. To the extent that Parties cannot come to a mutual agreement within twenty (20) days following the Contractor's re-submission of the Joint Operating Agreement such dispute shall be deal with in accordance with clause 48.2 (Expert Determination). 4.1.5 Where the expert determines that the Joint Operating Agreement or amendments thereto meets Best International Practice the SPA shall forthwith give the requisite approval to the Joint Operating Agreement or amendments thereto. 4.1.6 Where the expert determines that the Joint Operating Agreement or amendments thereto do not meet Best International Practice then the expert shall within thirty (30) days make such amendments to the Joint Operating Agreement as he or she deems appropriate and which meets Best International Practice and the SPA shall forthwith give the requisite approval to the Joint Operating Agreement. 4.1.7 In case of expiry of the period of sixty (60) days following submission to the SPA of the Joint Operating Agreement under clause 4.1.2 without the SPA providing comments on the Joint Operating Agreement, the Joint Operating Agreement (including any amendment thereof) shall be deemed approved by the SPA.

Related to Submission of Joint Operating Agreement

  • Interconnection Agreement Seller shall comply with the terms and conditions of the Interconnection Agreement.

  • Operating Agreement You have received and read a copy of the Company’s Operating Agreement (the “Operating Agreement”) and agree that your execution of this Subscription Agreement constitutes your consent to the Operating Agreement, and that upon acceptance of this Subscription Agreement by the Company, you will become a member of the Company as a holder of Class A Units. When this Subscription Agreement is countersigned by the Company, the Operating Agreement shall be binding upon acceptance of your subscription.

  • AMENDING OPERATING AGREEMENT This Agreement may only be amended by an affirmative vote or consent of all Members.

  • Second Amendment to Exhibit A to Services Agreement Exhibit A to the Services Agreement shall be, and here by is, supplemented with the following:

  • Construction Documents Phase Services 3.4.1 Based on the Owner’s approval of the Design Development Documents, and on the Owner’s authorization of any adjustments in the Project requirements and the budget for the Cost of the Work, the Architect shall prepare Construction Documents for the Owner’s approval. The Construction Documents shall illustrate and describe the further development of the approved Design Development Documents and shall consist of Drawings and Specifications setting forth in detail the quality levels and performance criteria of materials and systems and other requirements for the construction of the Work. The Owner and Architect acknowledge that, in order to perform the Work, the Contractor will provide additional information, including Shop Drawings, Product Data, Samples and other similar submittals, which the Architect shall review in accordance with Section 3.6.4.