Duties, Obligations and Compensation of Gengate Sample Clauses

Duties, Obligations and Compensation of Gengate. (a) In addition to such duties as are described elsewhere in other provisions of this Agreement, GHGP, in consultation with the Property Manager and the Asset Manager, shall, using (and subject to the availability of) the Company’s funds: (i) prepare and deliver to the Managing Members (or cause to be prepared and delivered to the Managing Members) an Annual Budget and a proposed Business Plan for each Budget Year (provided that Property Manager provides GHGP with the information requested by GHGP that is reasonably necessary to prepare such Annual Budget and proposed Business Plan); (ii) deliver to the Managing Members promptly upon its receipt, copies of all (x) summonses and complaints served on the Company or GHGP (as a Member of the Company or otherwise relating to or affecting the Company) and (y) notices of default on any loan or other indebtedness of the Company or on any liens against the Property or any Company Asset; and (iii) to the extent otherwise permitted under this Agreement and except to the extent that the Property Manager is required to do the same under its respective property management agreement, take such steps as may be necessary or appropriate to cause the Company or any Subsidiary to comply with the terms of any Loan Agreements and other material agreements to which the Company or any Subsidiary is a party or by which the Company or any Subsidiary is bound (and shall take reasonably appropriate steps to cure any non-compliance to the extent permitted under this Agreement and will otherwise promptly notify the Managing Members of any non-compliance); provided, that GHGP acknowledges that it, and not the Property Manager, is primarily responsible for the Capital Improvement Program and ensuring that the Capital Improvement Program does not conflict with the terms of the Loan Agreements and other material agreements.
Sample 1
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Related to Duties, Obligations and Compensation of Gengate

  • Duties and Obligations of Employee Employee shall serve as Chief -------------------------------------- Operating Officer (COO). Employee shall report to Chief Executive Officer or other individual designated by the Board of Directors of the Company. Employee shall faithfully and diligently perform all professional duties and acts as may be requested and required of Employee by Company or its Directors. Employee shall devote such time and attention to the business of Company as shall be required to perform the required services and duties. Employee at all times during his or her employment with Company shall strictly adhere to and obey all policies, rules and regulations established from time to time governing the conduct of employees of Company

  • Employment, Duties and Agreements (a) The Company hereby agrees to employ the Executive as its Senior Vice President and the Executive hereby accepts such position and agrees to serve the Company in such capacity during the employment period described in Section 3 hereof (the “Employment Period”). The Executive shall report to the Office of the Chief Executive Officer (the “Office of the CEO”) of the Company and shall have such duties and responsibilities as the Office of the CEO may reasonably determine from time to time as are consistent with Executive’s position as Senior Vice President. During the Employment Period, the Executive shall be subject to, and shall act in accordance with, all reasonable instructions and directions of the Office of the CEO and all applicable policies and rules of the Company.

  • Duties and Obligations of BNY (a) Subject to the direction and control of each Fund’s Board and the provisions of this Agreement, BNY shall provide to each Fund (i) the administrative services set forth on Schedule I attached hereto and (ii) the valuation and computation services listed on Schedule II attached hereto.

  • DUTIES OF GFS GFS’s duties with respect to Fund Accounting, Fund Administration and Transfer Agency services are detailed in Appendices I, II and III to this Agreement.

  • Performance of Duties and Responsibilities Executive shall serve the Company faithfully and to the best of her ability and shall devote her full working time, attention and efforts to the business of the Company during her employment with the Company hereunder. While Executive is employed by the Company during the Term, Executive shall report to the President and to the Chairman, Chief Executive Officer or to such other person as designated by the Board of Directors of Texas Roadhouse, Inc. (the “Board”). Executive hereby represents and confirms that she is under no contractual or legal commitments that would prevent her from fulfilling her duties and responsibilities as set forth in this Agreement. During her employment with the Company, Executive shall not accept other employment or engage in other material business activity, except as approved in writing by the Board. Executive may participate in charitable activities and personal investment activities to a reasonable extent, and she may serve as a director of business organizations as approved by the Board, so long as such activities and directorships do not interfere with the performance of her duties and responsibilities hereunder.

  • DUTIES AND REPRESENTATIONS OF THE TRUST (a) The Trust shall furnish to NLD copies of all financial statements and other documents to be delivered to shareholders or investors at least two (2) Fund Business Days prior to such delivery and shall furnish NLD copies of all other financial statements, documents and other papers or information which NLD may reasonably request for use in connection with the distribution of Shares. The Trust shall make available to NLD the number of copies of the Funds’ Prospectuses as NLD shall reasonably request.

  • Effect of Termination on Compensation In the event this Agreement is terminated prior to the completion of the Employment Period or any period of renewal, Employee shall be entitled to the compensation earned by him prior to the date of termination as provided for in this Agreement computed pro rata up to and including that date. Employee shall be entitled to no further compensation as of the date of termination.

  • Severance Compensation and Benefits Not in Derogation of Other Benefits Anything to the contrary herein contained notwithstanding, the payment or obligation to pay any monies, or granting of any benefits, rights or privileges to Executive as provided in this Agreement shall not be in lieu or derogation of the rights and privileges that the Executive now has or will have under any plans or programs of or agreements with the Company, except that if the Executive received any payment hereunder, the Executive shall not be entitled to any payment under the Company’s severance policy for officers and directors.

  • Duties of the Employee The Executive represents and warrants that the performance by Executive of the Executive’s duties and obligations under this Agreement will not violate any agreement between the Executive and any other person, firm, partnership, corporation or other organization.

  • Employment Duties and Responsibilities A) The Company shall employ the Executive, and the Executive shall serve the Company, as President and Chief Executive Officer, with such duties and responsibilities as may be assigned to the Executive by the Board of Directors of the Company (“BOD”) and are typically associated with a position of that nature.

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