Laserfiche WebLink
l.l2 "Majority Interest" means, at any time, more than fifty percent (50%) of <br />the total Units held bythe County Authorities. <br />1.13 'Executive Committee" means the governing body of the ASO as further <br />specified in Article 5 of the Agreement. On behalf of the County Authorities, the <br />Executive Committee shall govern the ASO. The Executive Committee shall be comprised <br />of individual representatives from the following County Authorities with each County <br />Authority having the number of representatives noted: <br />COUNTY <br />Asotin <br />Benton <br />Columbia <br />Franklin <br />Garfield <br />Kittitas <br />Walla Walla <br />Whitman <br />Yakima <br />REPRESENTATIVES <br />One <br />One <br />One <br />One <br />One <br />One <br />One <br />One <br />One <br />1.14 'Fercentage Interest" means with respect to any County Authority, the <br />percentage determined based upon the ratio that the number of Units held by such County <br />Authority bears to the total number of Units. <br />1.15 'R.egulations" includes proposed, temporary and final Treasury regulations <br />promulgated under the Code and the corresponding sections of any regulations subsequently <br />issued that amend or supersede such regulations. <br />l.16 'R.eserves" means, with respect to any fiscal period, funds set aside or <br />amounts allocated during such period to reseryes which shall be maintained in amounts <br />deemed sufficient by the Executive Committee for working capital and to pay obligations, <br />expenses and other costs or expenses incident to the ownership or operation ofthe services <br />provided by the ASO and the ASO's business. <br />l.l7 'Tribal Authority" means the federally recognized Indian tribes and the <br />major Indian organizations recognized by the Secretary of the Washington Department of <br />Social and Health Services ("DSHS") that fall within the boundaries of the County <br />Authorities insofar as those tribal organizations do not have a financial relationship with the <br />ASO that would present a conflict of interest. <br />1.18 'Tribal Member" means a Tribal Authority that executes an agreement to <br />become a Tribal Member as set forth in Article 4 of this Agreement. <br />1.19 'IJnits" means the Units issued to any County Authority under this Agreement <br />as reflected in attached Exhibit A, as amended from time to time, subject to the provisions <br />ASO OPERATING AGREEMENT Page 4 of33