Board of Directors: Powers. The Board of Directors shall be responsible for the direction of the general operations of the Bank and, for this purpose, shall, in addition to the powers assigned to it expressly by this Agreement, exercise all the powers delegated to it by the Board of Governors, and in particular:
Board of Directors: Powers. Subject to the terms hereof, the Board of Directors shall have full and complete discretion in the management and control of the affairs of the Fund, shall make all decisions affecting Fund affairs and shall have all of the rights, powers and obligations of a General Partner under the Act and otherwise as provided by law. The Board of Directors shall provide overall guidance and supervision with respect to the operations of the Fund, shall perform all duties imposed on the directors of registered investment companies by the Investment Company Act, and shall monitor the activities of the Appropriate Officers, the General Partner and any administrator to the Fund and distributor of the Fund’s securities. Except as otherwise expressly provided in this Agreement, the Board of Directors is hereby granted the right, power and authority to do on behalf of the Fund all things which, in its sole judgment, are necessary or appropriate to manage the Fund’s affairs and fulfill the purposes of the Fund. Any determination as to what is in the interests of the Fund made by the Directors in good faith shall be conclusive. In construing the provisions of this Agreement, the presumption shall be in the favor of a grant of power to the Directors. The powers of the Directors include, by way of illustration and not by way of limitation, the power and authority from time to time to do the following:
Board of Directors: Powers. (A) The Board of Directors shall have the power to make an official rul- ing and/or board policy. Such ruling or policy shall be binding on the Chapter, District Council or Assembly involved.
Board of Directors: Powers. (a) Except as otherwise provided in this Agreement, all powers to control and manage the Business and affairs of the Joint Sales Company shall be exclusively vested in * CONFIDENTIAL TREATMENT REQUESTED the Board of Directors and the Board of Directors may exercise all powers of the Joint Sales Company and do all such lawful acts as are not by statute, the Certificate or this Agreement directed or required to be exercised or done by the Members and in so doing shall have the right and authority to take all actions which the Board of Directors deems necessary, useful or appropriate for the management and conduct of the Business, including exercising the following specific rights and powers:
Board of Directors: Powers. 24 5.4 DUTIES AND OBLIGATIONS OF THE BOARD OF DIRECTORS ......................................27 5.5 REIMBURSEMENTS ........................................................................27 5.6
Board of Directors: Powers. The business of the LLC shall be managed by a Board of Directors who may exercise all the powers of the LLC except as otherwise provided by law or by this Agreement; it being understood that the Board of Directors is intended to function in a manner comparable to the board of directors of a corporation, with comparable powers and duties. The Board of Directors shall be the "MANAGER" of the LLC for all purposes under the Act. The Board of Directors may delegate any or all of its powers to one or more Officers of the LLC from time to time.
Board of Directors: Powers. Subject to the terms set out under this bylaws, the Board of Directors Chairman individually, the Board of Directors collectively and any other proxy and legal representative appointed according to the this bylaws, shall have the representation of the company before all sorts of authorities granted full powers to execute actions of ownership, administration, lawsuits and collections grated without any restriction in accordance with the law, in the terms of article 2554 of the Federal Civil Code and the corresponding provisions of the civil codes of the Mexican states where the mandate shall be exercise, including all the powers requiring a special power or clause in the terms of article 2587 of the Federal Civil Code including, but not limited to the following: -----------------------------------------------a) Withdraw even from the xxxxxx appeals. -------------------------------------------------------------------------b) Compromise. --------------------------------------------------------------------------------------------------------------
Board of Directors: Powers. In furtherance of its purposes, the Board shall have the power to:
Board of Directors: Powers
