Management and Operations of the Partnership Sample Clauses

Management and Operations of the Partnership. SECTION 3.1 Management Generally and the Board of Directors. (a) Each Partner shall vote in Partnership matters, insofar as is necessary, according to the ratio which its Percentage Interest in the Partnership bears to all Percentage Interests in the Partnership. (b) The Partnership shall have a Board of Directors, to which the Partners hereby delegate, within the meaning of Section 15-401(l) of the Delaware Act, the specific duties associated with the management of the Partnership that are so stated to be delegated. No such delegation shall cause the Partners to cease to be partners of the Partnership. Except as otherwise provided herein, the Partners shall have no duty to supervise the activities or proceedings of the Board of Directors, and each Partner hereby agrees that the other Partner’s duties and liabilities (including fiduciary liabilities) to the Partnership and the Partners have been restricted. (c) The Board of Directors shall consist of four (4) Directors. 9064-4816 Québec Inc. shall designate one (1) Director, and Mittal Canada Inc. shall designate three (3)
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Management and Operations of the Partnership. SECTION 3.1 Management Generally and the Board of Directors.
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Management and Operations of the Partnership. Section 3.01 Management Generally 13 Section 3.02 Authority of the General Partner 13 Section 3.03 Books and Records; Accounting Method; Fiscal Year 14 Section 3.04 Partnership Tax Matters 14 Section 3.05 Confidentiality 15 Section 3.06 Reliance by Third Parties 15 ARTICLE IV.
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Management and Operations of the Partnership 
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Related to Management and Operations of the Partnership

  • Management and Operations 15.1 The Operator shall prepare an annual work programme and budget for each Calendar Year during the term of this Agreement. Each such work programme and budget shall set out in reasonable details, the work to be carried out, facilities to be purchased or created, training and employment programme, establishment, salaries and wages, social welfare schemes to be undertaken, and an estimate of the Expenditure to be incurred. The Operator shall present such work programme and budget to the Government and the Working Interest Owners before the start of each Calendar Year and thereafter provide a quarterly update on the implementation of such work programme and budget.

  • Management and Operations of Business 30 Section 7.1 Management .............................................................. 30 Section 7.2 Certificate of Limited Partnership ...................................... 34 Section 7.3 Restrictions on General Partner's Authority ............................. 34 (i) 3 Section 7.4 Reimbursement of the Crescent Group ..................................... 35 Section 7.5 Outside Activities of the Crescent Group ................................ 35 Section 7.6 Contracts with Affiliates ............................................... 36 Section 7.7 Indemnification ......................................................... 36 Section 7.8 Liability of the General Partner ........................................ 39 Section 7.9 Other Matters Concerning the General Partner ............................ 39 Section 7.10 Title to Partnership Assets ............................................ 40 Section 7.11 Reliance by Third Parties .............................................. 40 Section 7.12 Limited Partner Representatives ........................................ 41

  • Management and Operation of Business 37 6.1 Management...................................................................................37 6.2 Certificate of Limited Partnership...........................................................38 6.3 Restrictions on General Partner's Authority..................................................38 6.4 Reimbursement of the General Partner.........................................................39 6.5

  • Management of the Partnership (a) Except as otherwise expressly provided in this Agreement, the General Partner shall have full, complete and exclusive discretion to manage and control the business of the Partnership for the purposes herein stated, and shall make all decisions affecting the business and assets of the Partnership. Subject to the restrictions specifically contained in this Agreement, the powers of the General Partner shall include, without limitation, the authority to take the following actions on behalf of the Partnership:

  • Interim Operations of the Company The Company covenants and agrees as to itself and its Subsidiaries that during the period from the date of this Agreement until the Effective Time or the date, if any, on which this Agreement is earlier terminated pursuant to Section 7.1, except as (w) disclosed in Section 5.1 of the Company Disclosure Letter, (x) expressly contemplated or permitted by this Agreement, (y) required by applicable Law, or (z) agreed to in writing by Parent, after the date of this Agreement and prior to the Effective Time:

  • Operations of the Company Except as set forth on Schedule 3.26, since the Balance Sheet Date the Company has not:

  • Communications and Operations Management a. Network Penetration Testing - Transfer Agent shall, on approximately an annual basis, contract with an independent third party to conduct a network penetration test on its network having access to or holding or containing Fund Data. Transfer Agent shall have a process to review and evaluate high risk findings resulting from this testing.

  • Business and Operations Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the Property. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the Property.

  • Management Generally (a) The management and control of the Partnership shall be vested in the General Partner; however, the Limited Partners shall have certain rights with respect to certain matters of the Partnership as described in this Agreement. The Limited Partners shall have no authority or right to act on behalf of the Partnership in connection with any matter and shall not engage in any way in the day-to-day business of the Partnership.

  • Use and Operation 3.1 Permitted Use ......................................................................................................

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