Duties of care Sample Clauses

Duties of care. 10.1 Regardless of the type of Card, the Customer shall fulfil the following obligations to exercise due care and to cooperate (“Duties of Care”):
AutoNDA by SimpleDocs
Duties of care. The recipient of Confidential Information shall hold Confidential Information in strict confidence, using at least the same degree of care that it uses in maintaining the confidentiality of its own Confidential Information, and the recipient shall not copy, reproduce, sell, assign, license, market, transfer or otherwise dispose of, give or disclose Confidential Information to third parties or use Confidential Information for any purposes whatsoever other than required by law or otherwise as contemplated by this Contract or reasonably related thereto, including without limitation the use by Authorized Purchaser contractors who need to access or use the Confidential Information for any valid business purpose, and to advise each of its employees and contractors of their obligations to keep Confidential Information confidential.
Duties of care. The Employee undertakes to carry the required vehicle documents (vehicle registration, driving licence) on all trips and to keep them in a safe place at all times. A warning triangle and safety vest must likewise be carried. The Employee must ensure that the vehicle is operated exclusively by people with a valid driving licence. The Employee must present the driving licence to the Company before provision of the company vehicle and on demand at any subsequent time. The Company must be notified immediately of any change to the driving licence. The same applies if the driving licence is taken away, seized or confiscated or if the driving of a motor vehicle is prohibited. Use of the company car must be ceased immediately in the aforementioned cases. The Employee moreover undertakes to drive the vehicle safely and carefully at all times, to observe the road traffic regulations and not to use the vehicle under the influence of alcohol or drugs. If medications are taken then the Employee must observe the relevant indication and the explanatory notes in the information leaflet. Warning and penalty fines incurred in relation to improper use of the vehicle by the Employee will be paid by the same. Substitute vehicle, replacement of the company car by the employer The Company is entitled to replace the vehicle with another equivalent vehicle at any time. Details are governed by the respective vehicle directive applicable. Revocation and termination of the company car provision, surrender The provision agreement is linked to the existing employment relationship and therefore ends automatically on termination of the employment relationship. A right of retention by the Employee(s) does not exist. The Company additionally reserves the right to revoke the provision of the company vehicle to the Employee with a notice period of two weeks if the following grounds exist:
Duties of care. The Member shall exercise its best judgment in carrying out its obligations hereunder. The Member, its Affiliates and the members of the Management Committee shall not be liable to the Company or to one another for any loss suffered by the Company or the Member which arises out of any action or omission of the Member, its Affiliates or a member of the Management Comittee, provided that the action taken or omitted to be taken by the Member, Affiliate or member of the Management Committee was taken or omitted to be taken in good faith and in a manner the Member, its Affiliate of the member of the Management Committee reasonably believed to be in or not opposed to the best interests of the Company, and, with respect to any criminal action or proceeding, had no reasonable cause to believe its conduct was unlawful.
Duties of care. 6 5.4 INDEMNIFICATION............................................................................................ 6 5.5 AGREEMENTS WITH MEMBER...................................................................... 7
Duties of care. The recipient of Confidential Information shall hold Confidential Information in strict confidence, using the highest standard of care applicable , and the recipient shall not copy, reproduce, sell, assign, license, market, transfer or otherwise dispose of, give or disclose Confidential Information to third parties or use Confidential Information for any purposes whatsoever other than required by law or otherwise as contemplated by this Contract or reasonably related thereto, including without limitation the use by Authorized Purchaser contractors who need to access or use the Confidential Information for any valid business purpose, and to advise each of its employees and contractors of their obligations to keep Confidential Information confidential.

Related to Duties of care

  • Duties of Custodian WITH RESPECT TO THE BOOKS OF ACCOUNT AND CALCULATION OF NET ASSET VALUE AND NET INCOME The Custodian shall cooperate with and supply necessary information to the entity or entities appointed by the applicable Board to keep the books of account of each Portfolio and/or compute the net asset value per Share of the outstanding Shares or, if directed in writing to do so by the Fund on behalf of such Portfolio(s), shall itself keep such books of account and/or compute such net asset value per Share. If so directed, the Custodian shall also calculate daily the net income of each applicable Portfolio as described in the Prospectus and shall advise such Portfolio and the Transfer Agent daily of the total amounts of such net income and, if instructed in writing by an officer of the Fund on behalf of such Portfolio to do so, shall advise the Transfer Agent periodically of the division of such net income among its various components. Each Fund acknowledges and agrees that, with respect to investments maintained with the Underlying Transfer Agent, the Underlying Transfer Agent is the sole source of information on the number of shares of a fund held by it on behalf of a Portfolio and that the Custodian has the right to rely on holdings information furnished by the Underlying Transfer Agent to the Custodian in performing its duties under this Agreement, including, without limitation, the duties set forth in this Section 9 and in Section 10 hereof; provided, however, that the Custodian shall be obligated to reconcile information as to purchases and sales of Underlying Shares contained in trade instructions and confirmations received by the Custodian and to report promptly any discrepancies to the Underlying Transfer Agent. The calculations of the net asset value per Share and the daily income of each Portfolio shall be made at the time or times described from time to time in the Prospectus.

  • Duties of Company The Company will at all times during the term of the Options:

  • Duties of the Custodian with Respect to Property of the Fund Held By the Custodian in the United States

  • Duties of Agent The Agent shall:

  • Duties of Trustees (a) The Trustee, prior to the occurrence of an Event of Default and after the curing of all Events of Default which may have occurred, undertakes to perform such duties and only such duties as are specifically set forth in this Agreement. In case an Event of Default has occurred (which has not been cured or waived) the Trustee shall exercise such of the rights and powers vested in it by this Agreement, and use the same degree of care and skill in its exercise as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!