Common use of Controller and Assistant Controller Clause in Contracts

Controller and Assistant Controller. The Controller shall be the principal accounting officer of the Company and shall have the custody of the Company funds and securities and shall keep full and accurate accounts of receipts and disbursements in books belonging to the Company and shall deposit all moneys and other valuable effects in the name and to the credit of the Company in such depositories as may be designated by the Board. The Controller shall disburse the funds of the Company as may be ordered by the Board, taking proper vouchers for such disbursements, and shall render to the President and to the Board, at its regular meetings or when the Board so requires, an account of all of the Controller’s transactions and of the financial condition of the Company. The Assistant Controller, or if there shall be more than one, the Assistant Controllers in the order determined by the Board (or if there be no such determination, then in the order of their election), shall, in the absence of the Controller or in the event of the Controller’s inability to act, perform the duties and exercise the powers of the Controller and shall perform such other duties and have such other powers as the Board may from time to time prescribe.

Controller and Assistant Controller. The Controller shall be the principal chief accounting officer of the Company and shall have the custody of the Company funds and securities and Company. The Controller shall keep full and accurate accounts of receipts the assets, liabilities, commitments, receipts, disbursements and disbursements in other financial transactions of the Company; shall cause regular audits of the books belonging to and records of account of the Company and shall deposit all moneys and other valuable effects in supervise the name and to the credit of the Company in such depositories as may be designated by the Board. The Controller shall disburse the funds of the Company as may be ordered by the Board, taking proper vouchers for such disbursements, and shall render to the President and to the Board, at its regular meetings or when the Board so requires, an account of all of the Controller’s transactions and of the financial condition preparation of the Company’s financial statements; and, in general, shall discharge such other duties as may from time to time be assigned by the Board or the President. The Assistant Controller, or if there shall be more than one, the Assistant Controllers in the order determined by the Board (or if there be no such determination, then in the order of their election), shall, in the absence of the Controller or in the event of the Controller’s inability to act, perform the duties and exercise the powers of the Controller and shall perform such other duties and have such other powers as the Board may from time to time prescribe.

Controller and Assistant Controller. The Controller shall be the principal chief accounting officer of the Company and shall have the custody of the Company funds and securities and Company. The Controller shall keep full and accurate accounts of receipts the assets, liabilities, commitments, receipts, disbursements and disbursements in other financial transactions of the Company; shall cause regular audits of the books belonging to and records of account of the Company and shall deposit all moneys and other valuable effects in supervise the name and to the credit of the Company in such depositories as may be designated by the Board. The Controller shall disburse the funds of the Company as may be ordered by the Board, taking proper vouchers for such disbursements, and shall render to the President and to the Board, at its regular meetings or when the Board so requires, an account of all of the Controller’s transactions and of the financial condition preparation of the Company’s financial statements; and, in general, shall discharge such other duties as may from time to time be assigned by the Board or the President. The Assistant Controller, or if there shall be more than one, the Assistant Controllers in the order determined by the Board (or if there be no such determination, then in the order of their electionset forth on Schedule E hereto), shall, in the absence of the Controller Comptroller or in the event of the ControllerComptroller’s inability to act, perform the duties and exercise the powers of the Controller Comptroller and shall perform such other duties and have such other powers as the Board may from time to time prescribe.