DEPENDENCE ON MANAGEMENT Sample Clauses

DEPENDENCE ON MANAGEMENT. The development of the Company's business and operations is dependent upon the efforts and talents of its managers. The loss of the services of one or more of the key managers could have a material adverse effect on our business and financial results. We do not currently maintain key-man insurance on any of its key members. LACK OF CONTROL. You will have no opportunity to evaluate the prospective assets or other factors involved in making the selection of assets to include in our portfolio. You are dependent upon management making such decisions. If management is not successful in acquiring appropriate assets for our portfolio, it could have a material adverse effect on our business and operations.
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DEPENDENCE ON MANAGEMENT. The success of the Company is and will continue to be substantially dependent on the efforts of Jon Northrop, CEO and Jere Northrop, President. Pursuxxx xx xxxxting empxxxxxxx xxxeements, Messrs. Northrop devote substantially all of their time to the Company's affairs. The Company is wholly dependent, at present, upon the personal efforts and abilities of certain of its officers and directors. Loss of the services of these key employees would have a material adverse effect on the Company. The Company carries key-man life insurance in the amount of $1,500,000 on the lives of Jere Northrop, President, and Jon Northrop, CEO.
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DEPENDENCE ON MANAGEMENT. The Company's prospects for success currently are greatly dependent upon the efforts and active participation of its management team, including its current President, Geraxx X. Xxxxxxxx, xxd upper level management of the subsidiary companies. The Company has no employment contract with Mr. Xxxxxxxx.
Sample 1
DEPENDENCE ON MANAGEMENT. The Company's success is principally dependent on its current management personnel for the operation of its business. Broad Discretion in Application of Proceeds. The management of the Company has broad discretion to adjust the application and allocation of the net proceeds of this offering, in order to address chanced circumstances and opportunities As a result of the foregoing, the success of the Company will be substantially dependent upon the discretion and judgment of the management of the Company with respect to the application and allocation of the net proceeds hereof. Pending use of such proceeds, the net proceeds of this offering will be invested by the Company in temporary, short-term interest-bearing obligations. See "Use of Proceeds.
Sample 1
DEPENDENCE ON MANAGEMENT. The possible success of the Company is expected to be largely dependent on the continued services of its President, Xxxxx Xxxxxxx. Virtually all decisions concerning the marketing, distribution and sales of the Company's products and services will be made or significantly influenced by the Company's officers. These officers are expected to devote only such time and effort to the business and affairs of the Company as may be necessary to perform their responsibilities as executive officers. The loss of the services of any of these officers would adversely affect the conduct of the Company's business and its prospects for the future.
Sample 1
DEPENDENCE ON MANAGEMENT. Juma is dependent upon the efforts of its Management. The ability of Juma to successfully conduct its business affairs will be subject to the capabilities and business acumen of Management. Furthermore, the loss of any member of Management could have a material adverse effect on Juma’s continued operations. Juma is in the process of hiring additional management personnel. Any failure by Juma in hiring appropriate management personnel may have a materially adverse effect on its business, financial condition, results of operations and future prospects.
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Related to DEPENDENCE ON MANAGEMENT

  • Virus Management Transfer Agent shall maintain a malware protection program designed to deter malware infections, detect the presence of malware within the Transfer Agent environment.

  • Account Management A. The repayment account opened by the Borrower with the Lender (the account stipulated in Article 5) is a special capital withdrawal account, which is used to collect the corresponding sales revenue or the planned repayment fund. Where the corresponding sales revenue is settled in a non-cash manner, the Borrower shall ensure that it will be promptly transferred into the capital withdrawal account upon receipt.

  • Program Management (WBS 1.1) All components of the Project Management Plan as implemented for the Base Contract and Options 1-4 will be reviewed and amended to reflect specific needs for Option 5 and the outcome of continuous process improvement evaluations.

  • Transportation Management Tenant shall fully comply with all present or future programs intended to manage parking, transportation or traffic in and around the Building, and in connection therewith, Tenant shall take responsible action for the transportation planning and management of all employees located at the Premises by working directly with Landlord, any governmental transportation management organization or any other transportation-related committees or entities.

  • Management of Company All decisions relating to the business, affairs, and properties of the Company shall be made by the Member. The Member may appoint one or more managers and/or officers of the Company using any titles, and may delegate all or some decision-making duties and responsibilities to such persons. Any such managers and/or officers shall serve at the pleasure of the Member. To the extent delegated by the Member, managers and/or officers shall have the authority to act on behalf of, bind, and execute and deliver documents in the name and on behalf of the Company. In addition, unless otherwise determined the Member, any officer(s) so appointed shall have such authority and responsibility as is generally attributable to the holders of such officers in corporations incorporated under the laws of the state of Delaware. No delegation of authority hereunder shall cause the Member to cease to be a Member.

  • Incident Event and Communications Management a. Incident Management/Notification of Breach - Transfer Agent shall develop, implement and maintain an incident response plan that specifies actions to be taken when Transfer Agent or one of its subcontractors suspects or detects that a party has gained material unauthorized access to Fund Data or systems or applications containing any Fund Data (the “Response Plan”). Such Response Plan shall include the following:

  • Auditors’ Management Letters Promptly after the receipt thereof, any auditors’ management letters are received by the Borrower or by its accountants;

  • Change Management BNY Mellon shall require that changes to its network or software used to provide the services are tested and applied pursuant to a documented change management process.

  • Relationship Management 1. Provide client service support to the Fund, including access to day-to-day points of contact and to points of escalation as necessary.

  • Management Generally (a) The management and control of the Partnership shall be vested in the General Partner; however, the Limited Partners shall have certain rights with respect to certain matters of the Partnership as described in this Agreement. The Limited Partners shall have no authority or right to act on behalf of the Partnership in connection with any matter and shall not engage in any way in the day-to-day business of the Partnership.

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