Common use of Duties and Powers of Chief Financial Officer Clause in Contracts

Duties and Powers of Chief Financial Officer. Any chief financial officer of the Company shall keep and maintain, or cause to be kept and maintained, books and records of accounts of the properties and business transactions of the Company, including accounts of its assets, liabilities, receipts, disbursements, gains, losses and capital. He or she shall disburse the funds of the Company as may be ordered by the Board of Directors and shall render to the Board of Directors at their request an account of all his or her transactions as chief financial officer and of the financial condition of the Company. Authorizations with respect to the Company’s depositories, disbursement of funds and related banking matters shall be as set forth in resolutions of the Board of Directors.

Appears in 3 contracts

Samples: Joint Venture Operating Agreement (Photronics Inc), Joint Venture Operating Agreement (Photronics Inc), Joint Venture Operating Agreement (Photronics Inc)

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Duties and Powers of Chief Financial Officer. Any chief financial officer of the Company shall keep and maintain, or cause to be kept and maintained, books and records of accounts of the properties and business transactions of the Company, including accounts of its assets, liabilities, receipts, disbursements, gains, losses and capital. He or she shall disburse the funds of the Company as may be ordered by the Board of Directors Managers and shall render to the Board of Directors Managers at their request an account of all his or her transactions as chief financial officer and of the financial condition of the Company. Authorizations with respect to the Company’s 's depositories, disbursement of funds and related banking matters shall be as set forth in resolutions of the Board of DirectorsManagers.

Appears in 2 contracts

Samples: Limited Liability Company (Photronics Inc), Limited Liability Company Operating Agreement (Photronics Inc)

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