CEO Delegation to the Chief Financial Officer Sample Clauses

CEO Delegation to the Chief Financial Officer. The CEO delegates to the CFO, consistent with his existing authorities, the authority and responsibility to establish master financing agreements and master derivative agreements to provide the funding and risk management capacity to meet the needs of the portfolio. In addition, the CFO will be responsible for all cash management functions associated with the portfolio, since the liquidity of the portfolio will be managed as part of the corporate liquidity management strategy. The CFO shall establish from time to time target portfolio sizes. Finally, the CFO will be responsible for reviewing, validating and where necessary creating financial performance reporting with respect to the portfolio. The CEO delegates to the CCO the authority to review and approve proposed counterparties for transactions related to the portfolio, and to set exposure limits if he deems them necessary and appropriate. In addition, the CCO will be responsible for reviewing and approving all loan/asset credit risk policies and transaction guidance. Through the risk policies (Attachment 1), certain counterparties are deemed approved by the CCO. Unless directly exercised by the CEO individually, the CEO delegates to the CC the authority to: — Review periodic reporting by the MD, the CCO and the CFO. — Approve any transaction not approvable by, or otherwise referred to the CC by, the MD — Adopt changes to risk management policies in Attachment 1. — Evaluate and approve remediation plans with respect to any violation by the portfolio of a threshold level for a critical risk metric. Approved: Jxxx Xxxxxxx, CEO List of Attachments Attachment 1: Risk Management Policies Appendix A: Strategy and Operational Overview Appendix B: Identification of Sources of Risk and Return Appendix C: Duration, Convexity and Dollar Loss Appendix D: Rationale for 97.5% Trigger Attachment 2: Draft Investment Manager Guidelines Level 1 “Investment Grade” (Based on Structure, Collateral or Credit)
Sample 1
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Related to CEO Delegation to the Chief Financial Officer

  • Chief Financial Officer The Chief Financial Officer shall, under the direction of the Member, Board of Managers and Chief Executive Officer, perform all duties incident to the office of Chief Financial Officer and shall have such powers and discharge such duties as may be assigned to him or her, from time to time, by the Chief Executive Officer, Board of Managers or the Member.

  • Certificate of Chief Financial Officer On the date of this Agreement and on the Closing Date or the Additional Closing Date, as the case may be, the Company shall have furnished to the Representatives a certificate, dated the respective dates of delivery thereof and addressed to the Underwriters, of its chief financial officer with respect to certain financial data contained in the Pricing Disclosure Package and the Prospectus, providing “management comfort” with respect to such information, in form and substance reasonably satisfactory to the Representatives.

  • CHIEF EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER CERTIFICATION The undersigned Chief Executive Officer and Chief Fiscal Officer of the Recipient, as both are designated in Appendix B of the Agreement, hereby request the Director to disburse financial assistance moneys made available to Project in Appendix C of the Agreement (inclusive of any amendment thereto) to the payee as identified below in the amount so indicated which amount equals the product of the Disbursement Ratio and the dollar value of the attached cost documentation which was properly billed to the Recipient in exclusive connection with the performance of the Project. The undersigned further certify that:

  • OFFICER AND CHIEF FINANCIAL OFFICER CERTIFICATION Pursuant to Section 6(b) and 6(c) of the Agreement, the undersigned Chief Executive Officer and Chief Fiscal Officer of the Recipient, as both are designated in Appendix B of the Agreement, hereby request the Director to disburse financial assistance moneys made available to Project in Appendix C of the Agreement (inclusive of any amendment thereto) to the payee as identified below in the amount so indicated which amount equals the product of the Disbursement Ratio and the dollar value of the attached cost documentation which was properly billed to the Recipient in exclusive connection with the performance of the Project, or, in the case of a final disbursement request, the amount entered at Line V of this Appendix E. The undersigned further certify that:

  • Chief Financial Officer Certificate The Company shall have furnished to the Representative a certificate, dated such Closing Date, of its Chief Financial Officer, in form and substance reasonably satisfactory to the Representative.

  • President Unless the Trustees otherwise provide, the President shall preside at all meetings of the shareholders and of the Trustees. Unless the Trustees otherwise provide, the President shall be the chief executive officer.

  • Chief Operating Officer The Chief Operating Officer shall be responsible for managing the day to day operations of the Company and shall see to it that all orders of the Chief Executive Officer are carried into effect.

  • President and Chief Executive Officer The president shall be the chief executive officer of the Trust, unless the Board of Trustees designates the chairman as chief executive officer. The chief executive officer shall see that all orders and resolutions of the Board of Trustees are carried into effect. The chief executive officer shall also be the chief administrative officer of the Trust and shall perform such other duties and have such other powers as the Board of Trustees may from time to time prescribe.

  • Xxxxxx, President s/ Xxxxx Xxxx ---------------------------------- Xxxxx Xxxx

  • General Counsel The General Counsel subject to the discretion of the Board of Directors, shall be responsible for the management and direction of the day-to-day legal affairs of the Company. The General Counsel shall perform such other duties and may exercise such other powers as may from time to time be assigned to him by the Board of Directors or the President.

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