Actions of the Governing Body Sample Clauses

Actions of the Governing Body. Unless expressly otherwise provided in this Agreement, action of the Governing Body shall be accomplished by majority vote of its five (5) members. a.e. Gifts, Bequests, and Donations to the Consortium. Should a gift, bequest, donation, or similar transfer of property or money be made to the Consortium, the Governing Body shall receive the property on behalf of the Consortium and distribute it to the Fiscal Agents. This ability to receive and distribute funds made out to the Consortium generally instead of a particular Fiscal Agent is an exception to the Fiscal Agents’ Fiscal Authority as explained in Article IV(C)(2). Grants, devises, bequests, gifts, endowments or other similar transfers of real or personal property or intangible personal property, unless designated to a specific Campus, shall be received by the Consortium as a whole and expended or distributed by the Joint Steering Committee. Subject to the above provisions, the Governing Body shall be the principal governance body of the Consortium and shall conduct meetings in accordance with the provisions of the Open Meetings Act.
Sample 1
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Actions of the Governing Body. Unless expressly otherwise provided in this Agreement, action of the Governing Body shall be accomplished by majority vote of its five (5) members.
Sample 1

Related to Actions of the Governing Body

  • FUNCTIONS OF MANAGEMENT 4.01 The Union agrees that the Employer has the exclusive right and power to manage its business to direct the working forces and to suspend, discharge or discipline employees for just and sufficient cause, to hire, promote, demote, transfer or lay-off employees, to establish and maintain reasonable rules and regulations covering the operation of the stores, provided however, that any exercise of these rights and powers in conflict with any of the provisions of this Agreement shall be subject to the provisions of the Grievance Procedure as set out herein.

  • General Obligations of the Parties 33.2.1 The Parties must, at all times:

  • Determinations of Director Pursuant to the Act and Section II of the Agreement and subject to the remaining terms and provisions of the Agreement and all Appendices thereto, the Director hereby determines that the financial assistance to be provided by the OPWC to the Recipient is in compliance with the Act and is provided to the Recipient for the sole and express purpose of financing the Eligible Project Cost and/or reimbursing the Recipient for such Eligible Project Cost.

  • MEETINGS OF THE GOVERNORS 105. Subject to these Articles, the Governors may regulate their proceedings as they think fit.

  • Obligations of the Recipient In consideration of the payment received under Section 3 below, the RECIPIENT shall perform the Activities and provide SANOFI with the Counterpart in good faith and accordance with the provisions of this Agreement, the laws and practices applicable to the Activities. The RECIPIENT certifies that it has the status of sponsorship recipient. The RECIPIENT shall immediately inform SANOFI if the funds (donation and/or other contribution) provided by SANOFI and all its Affiliates to the RECIPIENT exceeds the threshold of one hundred and fifty thousand euros (150.000€) during the calendar year of this Agreement. If due to the changed circumstances, the RECIPIENT loses his right to receive the funding, the RECIPIENT must immediately notify SANOFI in writing and the Agreement will automatically terminate. In invitations to the Activities, it must be clear to the recipients of such invitations that the Activities are sponsored by SANOFI and, if other pharmaceutical companies sponsor the Activities as well, it must be clear to the HCPs that the Activities are also sponsored by such other pharmaceutical companies.

  • Obligations of the University (a) organizes the doctoral studies;

  • Conditions to Obligations of the Company The Company’s obligation to sell and issue the Shares and the Warrants at the Closing is subject to the fulfillment to the satisfaction of the Company on or prior to the Closing Date of the following conditions, any of which may be waived by the Company:

  • Obligations of the City A. The City agrees to give the Contractor access to the Project area and other City- owned properties as required to perform the necessary Services under this Agreement.

  • CHAIRMAN AND VICE-CHAIRMAN OF THE GOVERNORS 83. The Governors shall each school year, at their first meeting in that year, elect a chairman and a vice-chairman from among their number. A Governor who is employed by the Academy Trust shall not be eligible for election as chairman or vice-chairman.

  • Decisions of the Board The decision of the majority shall be the decision of the Board. Where there is no majority decision, the decision of the Chairperson shall be the decision of the Board. The decision of the Board of Arbitration shall be final and binding and enforceable on all parties, but in no event shall the Board of Arbitration have the power to change this Agreement or to alter, modify or amend any of its provisions. However, the Board shall have the power to dispose of any discharge or a discipline grievance by any arrangement which in its opinion it deems just and equitable.

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