ADDITIONAL MANAGEMENT RIGHTS Sample Clauses

ADDITIONAL MANAGEMENT RIGHTS. The Company will permit each Investor Member that alone or together with its Affiliates holds at least 1,000,000 Common Shares and that does not have a right to designate a Director as provided in Section 6.1 (and in any event, Spectrum Equity Investors III, L.P. for so long as it holds any Common Shares and the Spectrum Equity Group holds in the aggregate at least 1,000,000 Common Shares), and any of the partners, members, officers or employees of, or any outside representatives designated by, each such Investor Member, (a) to visit and inspect at such Investor Member's expense any of the properties of the Company or its Subsidiaries, including its books and records (and to make photocopies thereof or make extracts therefrom), and to discuss its affairs, finances, and accounts with their officers and accountants, except with respect to trade secrets and similar confidential information, all to such reasonable extent and at such reasonable times during normal business hours and at such intervals as such Institutional Investor Member may reasonably request, and (b) to attend all meetings of the Board in a nonvoting observer capacity, and in this respect shall, concurrently with its giving the same to the Directors, give such representative copies of all notices, minutes, consents, and other material that it provides to the Directors (each Investor Member exercising its rights under this clause (b) being limited to three such individual observers); provided, however, that the Company reserves the right to exclude such representatives from access to any material or meeting or portion thereof if the Company believes upon advice of counsel that such exclusion is reasonably necessary to preserve the attorney-client privilege, to protect highly confidential proprietary information or for other similar reasons. Except as otherwise required by laws or regulations applicable to an Investor Member, an Investor Member exercising its rights under this Section 6.5 shall maintain, and shall require their representatives to maintain, all information obtained pursuant to Section 11.1, Section 11.4, this Section 6.5 or otherwise in accordance with this Agreement (other than (i) information known to the receiving party before receipt thereof, (ii) information disclosed without restriction by a third party under no non-disclosure obligation or (iii) information that is in the public domain without violation of this Agreement) on a confidential basis and shall not use such inf...
Sample 1
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ADDITIONAL MANAGEMENT RIGHTS. In addition to the above, the Board retains the right, subject to the provisions of law and this Agreement, to hire, classify, transfer, suspend, layoff, recall, promote, discharge, assign, reward, discipline and direct employees, and to take action on any matter in the event of an emergency.
Sample 1

Related to ADDITIONAL MANAGEMENT RIGHTS

  • Management Rights 3.01 The Union acknowledges that all management rights and prerogatives are vested exclusively with the Employer and without limiting the generality of the foregoing; it is the exclusive function of the Employer:

  • Development Rights The Employee agrees and declares that all proprietary information including but not limited to trade secrets, know-how, patents and other rights in connection therewith developed by or with the contribution of Employee's efforts during his employment with the Company shall be the sole property of the Company. Upon the Company's request (whenever made), Employee shall execute and assign to the Company all the rights in the proprietary information.

  • Condominiums/Planned Unit Developments If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimis planned unit development) such condominium or planned unit development project such Mortgage Loan was originated in accordance with, and the Mortgaged Property meets the guidelines set forth in the Originator's Underwriting Guidelines;

  • Management Rights Letter The Company shall have executed and delivered to each Investor a Management Rights Letter in the form attached hereto as Exhibit H.

  • Consent Rights Whenever the Subordinate Loan Documents give Subordinate Lender approval or consent rights with respect to any matter, and a right of approval or consent for the same or substantially the same matter is also granted to Senior Lender or Funding Lender pursuant to the Senior Loan Documents or otherwise, Senior Lender’s or Funding Lender’s approval or consent or failure to approve or consent will be binding on Subordinate Lender. None of the other provisions of Section 7 are intended to be in any way in limitation of the provisions of this Section 7(f).

  • Asset Management Supplier will: i) maintain an asset inventory of all media and equipment where Accenture Data is stored. Access to such media and equipment will be restricted to authorized Personnel; ii) classify Accenture Data so that it is properly identified and access to it is appropriately restricted; iii) maintain an acceptable use policy with restrictions on printing Accenture Data and procedures for appropriately disposing of printed materials that contain Accenture Data when such data is no longer needed under the Agreement; iv) maintain an appropriate approval process whereby Supplier’s approval is required prior to its Personnel storing Accenture Data on portable devices, remotely accessing Accenture Data, or processing such data outside of Supplier facilities. If remote access is approved, Personnel will use multi-factor authentication, which may include the use of smart cards with certificates, One Time Password (OTP) tokens, and biometrics.

  • INVESTMENT MANAGEMENT AGREEMENT Separate written agreements entered into (i) by the Manager and the Master Fund and (ii) by the Manager and the Company, pursuant to which the Manager provides investment management services to the Master Fund.

  • Information Systems Acquisition Development and Maintenance Security of System Files. To protect City Information Processing Systems and system files containing information, Service Provider will ensure that access to source code is restricted to authorized users whose specific job function necessitates such access.

  • Asset Management Fees (i) Except as provided in Section 8.03(ii) hereof, the Company shall pay the Advisor as compensation for the services described in Section 3.03 hereof a monthly fee (the “Asset Management Fee”) in an amount equal to one-twelfth of 0.75% of the sum of the Cost of Real Estate Investments and the Cost of Loans and other Permitted Investments. The Advisor shall submit a monthly invoice to the Company, accompanied by a computation of the Asset Management Fee for the applicable period. The Asset Management Fee shall be payable on the last day of such month, or the first business day following the last day of such month. The Asset Management Fee may or may not be taken, in whole or in part, as to any period in the sole discretion of the Advisor. All or any portion of the Asset Management Fees not taken as to any period shall be deferred without interest and may be paid in such other fiscal period as the Advisor shall determine.

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