Duties of Board. Without limiting the general duties and authority of the Board as set forth in this Article 4, except as otherwise provided in this Agreement, the Board shall have all of the powers of the board of directors of a corporation organized under the General Corporation Law of the State of Delaware, as from time to time in effect (the “DGCL”), including the power and responsibility to manage the business of BOX Options, select and evaluate the performance of the Officers, and establish and monitor capital and operating budgets.
Duties of Board. In addition to other duties and powers conferred upon the Board, it shall have the following duties and powers:
1. To give or loan appropriate financial and other assistance to district directors in carrying out any of their powers and programs.
Duties of Board. In addition to other duties and powers conferred upon the Board, it shall have the following duties and powers:
Duties of Board. Except as provided in Section 11.3, the administration of the Plan shall be under the exclusive control of the Board. The decisions of the Board shall be final, binding, and conclusive on all interested persons for all purposes. No member of the Board shall be entitled to act on or decide any matters relating solely to himself or herself or any of his or her rights or benefits under the Plan. To the maximum extent permitted by law, each member of the Board shall be held harmless for all acts performed in good faith in connection with the Plan.
Duties of Board. A. The BOARD shall make available to the ACCOUNTANT no later than August 2, 2020, all books, accounts, reports, vouchers, correspondence files, records, money, and property under its control which may be requested by the ACCOUNTANT in the course of performing the audit.
Duties of Board. The directors shall govern the business and affairs of the Authority. The directors shall also comply with all provisions of parts 1, 5, and 6 of article I of title 29 of the Colorado Revised Statutes, which provisions relate to the obligations of local governments with respect to budgets, accounting, and audits, as such provisions may be amended from time to time.
Duties of Board. The Board shall manage, or cause to be managed, the affairs of the Company in a prudent and businesslike manner and shall devote such time to the Company affairs as the Board determines to be reasonably necessary for the conduct of such affairs. Without limiting the generality of the foregoing, the Board's duties shall include the following:
(a) To render periodic progress reports to the Members with respect to the operations of the Company;
(b) To deposit all funds of the Company in one or more separate bank accounts with such banks or trust companies as the Board may designate;
(c) To maintain complete and accurate records of all operations of the Company and to maintain accurate books of account (containing such information as shall be necessary to record allocations and distributions of Company items) and to make such records and books of account available for inspection and audit by any Member or its duly authorized representative (at the expense of such Member) during regular business hours at the principal office of the Company;
(d) To prepare and distribute to all Members, all reason- able tax reporting information;
(e) To prepare and distribute to each Member, all financial and other information necessary for such Member to file all of its required public reports in a timely manner;
(f) To cause to be filed such certificates and to do such other acts as may be required by law to qualify and maintain the Company as a limited liability company under the Act; and
(g) To make distributions of net cash flow pursuant to SECTION 4.8.
Duties of Board. (a) The Board will manage the affairs of the Company in a prudent and businesslike manner and will devote such part of their time to the Company affairs as is reasonably necessary for the conduct of such affairs.
(b) In carrying out their obligations, the Board will or will cause the duly-elected and acting officers to:
(i) Cause to be obtained and maintained such public liability and other insurance as may be available and as the Board deems necessary or appropriate;
(ii) Cause to be deposited all funds of the Company in one or more separate bank accounts with such banks or trust companies as the Board may designate (withdrawals from such bank accounts to be made upon such signature or signatures as the Board may designate);
(iii) Cause to be maintained complete and accurate records of all assets owned or leased by the Company and complete and accurate books of account and all other records required by the Act (and containing such information as shall be necessary to record allocations and distributions), and make such records and books of account available for inspection and audit by any Member or his duly authorized representative (at the expense of such Member) during regular business hours and at the office specified in Section 1.4 hereof;
(iv) Cause to be prepared and distributed to each Member all tax reporting information reasonably required for the preparation of such Member's federal, state, local or foreign tax returns within ninety (90) days after the end of each Fiscal Year or as soon thereafter as is reasonably practicable;
(v) Cause to be filed such instruments or certificates and amendments thereto and do such other acts as may be required by law to qualify and maintain the Company as a limited liability company in all states in which the Company transacts any business; and
(vi) Cause to be prepared and distributed to each Member audited annual financial statements within ninety (90) days after the end of the Fiscal Year or as soon thereafter as is reasonably practicable.
(c) The Managers shall not be personally liable for the return of all or any part of the Capital Contributions of the Members to the Company. Any such return shall be made solely from the assets of the Company.
Duties of Board. The Board shall advise the Secretary regard- ing the establishment and implementation of the HOPE for Homeowners Program.
Duties of Board. It shall be the duty of the Board to hear disputes on subjects within its jurisdiction certified to it by the Union or the Company after the grievance procedure of the Agreement has been exhausted. Such hearings shall be held in the following designated locations unless the local parties mutually agree to an alternate location: Xxxxxxxxx - Peoria, IL Lafayette - Indianapolis, IN Massena - Syracuse, NY Xxxxxxx - Louisville, KY The Board may, by unanimous vote, designate an agent or agents to hear a case or cases at any Company location and to report such cases in full to the Board with findings of fact, conclusions, and recommendations which the Board shall upon review adopt, reject, or modify. Grievances concerning termination of seniority under Section 17, Paragraphs C and E and grievances concerning dismissal or discharge under Article XVI shall be given first priority for hearing. Grievances involving continuing liability or other significant issues may be given priority for hearing by agreement between the parties. Both parties will exercise reason and sound judgment in jointly determining whether such grievances should be given priority.
