Entrusted Management Sample Clauses

Entrusted Management. 1.1 Party A agrees to entrust the management of [VIE Entity] to Party B pursuant to the terms and conditions of this Agreement. Party B agrees to manage [VIE Entity] in accordance with the terms and conditions of this Agreement. 1.2 The term of this Entrusted Management Agreement (the “Entrusted Period”) shall be from the effective date of this Agreement to the earlier of the following: (a) the winding up of [VIE Entity] or (b) the termination date of this Entrusted Management Agreement to be determined by the Parties hereto, or (c) the date on which Party B completes the acquisition of [VIE Entity]. 1.3 During the Entrusted Period, Party B shall be fully and exclusively responsible for the management of [VIE Entity]. The management service includes without limitation the following: (a) Party B shall be fully and exclusively responsible for the operation of [VIE Entity], which includes the right to appoint and terminate executive director and the right to hire managerial and administrative personnel etc. Party A or its voting proxy shall make shareholder’s resolution and Board of Directors’ resolution based on the decision of Party B. (b) Party B has the full and exclusive right to manage and control all cash flow and assets of Party A. [VIE Entity] shall open an entrusted account or designate an existing account as an entrusted account. Party B has the full and exclusive right to decide the use of the funds in the entrusted account. The authorized signature of the account shall be appointed or confirmed by Party B. All of the funds of [VIE Entity] shall be kept in this account, including but not limited to its existing working capital and purchase price received from selling its production equipment, inventory, raw materials and accounts receivable to Party B (if any), all payments of funds shall be disbursed through this entrusted account, including but not limited to the payment of all existing accounts payable and operating expenses, payment of employees salaries and purchase of assets, and all revenues from its operation shall be kept in this account. (c) Party B shall have the full and exclusive right to control and administrate the financial affairs and daily operation of [VIE Entity], such as entering into and performance of contracts, and payment of taxes etc. 1.4 In consideration of the services provided by Party B hereunder, Party A shall pay the entrusted management fee to Party B which shall be equal to the earnings before tax (if any) of [VIE...
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Entrusted Management. 1.1 Party A agrees to entrust the management of Taiyuan Hongxing to Party B pursuant to the terms and conditions of this Agreement. Party B agrees to manage Taiyuan Hongxing in accordance with the terms and conditions of this Agreement. 1.2 The term of this Entrusted Management Agreement (the “Entrusted Period”) shall be from the effective date of this Agreement to the earlier of the following: (a) the winding up of Taiyuan Hongxing, or (b) the termination date of this Entrusted Management Agreement to be determined by the Parties hereto, or (c) the date on which Party B completes the acquisition of Taiyuan Hongxing. 1.3 During the Entrusted Period, Party B shall be fully and exclusively responsible for the management of Taiyuan Hongxing. The management service includes without limitation the following: (a) Party B shall be fully and exclusively responsible for the operation of Taiyuan Hongxing, which includes the right to appoint and terminate members of directors and the right to hire managerial and administrative personnel etc. Party A or its voting proxy shall make shareholder’s resolution and directors’ resolution based on the decision of Party B. (b) Party B has the full and exclusive right to manage and control all cash flow and assets of Party A. Taiyuan Hongxing shall open an entrusted account or designate an existing account as an entrusted account. Party B has the full and exclusive right to decide the use of the funds in the entrusted account. The authorized signature of the account shall be appointed or confirmed by Party B. All of the funds of Taiyuan Hongxing shall be kept in this account, including but not limited to its existing working capital and purchase price received from selling its production equipment, inventory, raw materials and accounts receivable to Party B (if any), all payments of funds shall be disbursed through this entrusted account, including but not limited to the payment of all existing accounts payable and operating expenses, payment of employees salaries and purchase of assets, and all revenues from its operation shall be kept in this account. (c) Party B shall have the full and exclusive right to control and administrate the financial affairs and daily operation of Taiyuan Hongxing, such as entering into and performance of contracts, and payment of taxes etc. 1.4 In consideration of the services provided by Party B hereunder, Party A shall pay the entrusted management fee to Party B which shall be equal to the earnin...
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Entrusted Management. 1.1 Party A agrees to entrust the management of Shandong Taiying to Party B pursuant to the terms and conditions of this Agreement. Party B agrees to manage Shandong Taiying in accordance with the terms and conditions of this Agreement. 1.2 The term of this Entrusted Management Agreement (the “Entrusted Period”) shall be from the effective date of this Agreement to the earlier of the following: (1) the winding up of Shandong Taiying, or (2) the termination date of this Entrusted Management Agreement to be determined by the Parties hereto, or (3) the date on which Party B completes the acquisition of all of the equity interests of Shandong Taiying. 1.3 During the Entrusted Period, Party B shall be fully and exclusively responsible for the management of Shandong Taiying. The management service includes without limitation the following: (1) Party B shall be fully and exclusively responsible for the operation of Shandong Taiying, which includes the right to appoint and terminate Shandong Taiying’s members of Board of Directors and the right to hire managerial and administrative personnel etc. Party A or its voting proxy shall make a shareholder’s resolution and a Board of Directors’ resolution based on the decision of Party B. (2) Party B has the full and exclusive right to manage and control all cash flow and assets of Shandong Taiying. Shandong Taiying shall open an entrusted account or designate an existing account as an entrusted account. Party B has the full and exclusive right to decide the remittance and repatriation of the funds in the entrusted account. The authorized signature of the account shall be appointed or confirmed by Party B. All of the funds of Shandong Taiying shall be kept in this account, including but not limited to its existing working capital and accounts receivable. All payments of funds shall be disbursed through this entrusted account, including but not limited to the payment of all existing accounts payable, operating expenses, payment of employees salaries and purchase of assets. All revenues from its operation shall be kept in this account. (3) Party B shall have the full and exclusive right to control and administrate all financial affairs and daily operation of Shandong Taiying, such as entering into and performance of contracts, and payment of taxes etc. 1.4 As consideration for the services provided by Party B hereunder, Party A shall pay an entrusted management fee to Party B. The entrusted management fee shall be as follow...
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Entrusted Management. The Partnership may entrust a fund management company to manage and operate the Partnership in a standardized way. The specific matters subject to entrusted management are to be specified by a separate entrustment contract between the Partnership and the specific fund management company.
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Entrusted Management. 1.1 Party B agrees to entrust the management of PSI to Party A pursuant to the terms and conditions of this Agreement. Party B agrees to manage PSI in accordance with the terms and conditions of this Agreement. 1.2 The term of this Entrusted Management Agreement shall be from the effective date of this Agreement to the earlier of the following: (1) the winding up of PSI, or (2) the termination date of this Entrusted Management Agreement to be determined by the parties hereto. 1.3 The goals of the entrusted management are to allow PSI Company, prior to being acquired by Party A through asset or equity purchase: 1) to repay its borrowings from banks, pay off its existing accounts payable; and 2) to manage its remaining assets prior to being acquired by Party A. During the entrusted period, Party A shall be fully responsible for the management of PSI. The management service includes, without limitation, the following: (1) Party B shall be fully responsible for the operation of PSI, which includes the right to appoint and terminate members of the Board of Directors and the right to hire managerial and administrative personnel. Party B or its voting proxy shall make a shareholder's resolution and a board of directors' resolution based on the decision of Party A. (2) Party A has the right to manage and control all assets of PSI. PSI shall open an entrusted account or designate an existing account as an entrusted account. Party A has the full right to decide the use of the funds in the entrusted account. The signer of the account shall be appointed or confirmed by Party A. All of the funds of PSI shall be kept in this account, including but not limited to its existing working capital and purchase price received from selling its production equipment, inventory, raw materials and accounts receivable to PSI. All payments of funds shall be disbursed through this entrusted account, including but not limited to the payment of all existing accounts payable and operating expenses, payment of employees salaries and purchase of assets, and all revenues from its operation shall be kept in this account. (3) Party A shall have the full right to control and administer the financial affairs and daily operations of PSI such as entering into and performance of contracts, and payment of taxes and the like. (4) If PSI requires additional funds to maintain its operations, Party A shall provide such additional funds through a bank loan or other resources and Party B shall provide nec...
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Entrusted Management. 1.1 Party A agrees to entrust the management of Shenyang ▇▇▇ ▇▇▇▇ Yuan Trading Co., Ltd. to Party B pursuant to the terms and conditions of this Agreement. Party B agrees to manage Shenyang ▇▇▇ ▇▇▇▇ Yuan Trading Co., Ltd. in accordance with the terms and conditions of this Agreement. 1.2 The term of this Entrusted Management Agreement shall be from November 1, 2008 (the “Effective Date” of this Agreement) to the earlier of the following: (1) March 31, 2017, or (2) the winding up of Shenyang ▇▇▇ ▇▇▇▇ Yuan Trading Co., Ltd., or (3) the termination date of this Entrusted Management Agreement to be determined by the Parties hereto, or (4) the date on which Party B completes the acquisition of Shenyang ▇▇▇ ▇▇▇▇ Yuan Trading Co., Ltd. The parties agree that no transfer or change of ownership of either Shenyang ▇▇▇ ▇▇▇▇ Yuan Trading Co., Ltd. or of Party B shall cause this Entrusted Management Agreement to terminate. 1.3 During the entrusted period, Party B shall be fully responsible for the management of Shenyang ▇▇▇ ▇▇▇▇ Yuan Trading Co., Ltd. The management service includes without limitation the following: (1) Party B’s rights with respect to the operation of Shenyang ▇▇▇ ▇▇▇▇ Yuan Trading Co., Ltd. shall include the right to appoint and terminate members of the Board of Directors and the right to hire managerial and administrative personnel etc. Party A shall provide to Party B a voting proxy effective at each meeting of the shareholders of Shenyang ▇▇▇ ▇▇▇▇ Yuan Trading Co., Ltd. (2) Party B has the right to manage and control all assets of Party A. Shenyang ▇▇▇ ▇▇▇▇ Yuan Trading Co., Ltd. shall open an entrusted account or designate an existing account as an entrusted account. Party B has the full right to decide the use of the funds in the entrusted account. The signer of the account shall be appointed or confirmed by Party B. All of the funds of Shenyang ▇▇▇ ▇▇▇▇ Yuan Trading Co., Ltd. shall be kept in this account, including but not limited to its existing working capital. All payments of funds shall be disbursed through this entrusted account, including but not limited to the payment of all existing accounts payable and operating expenses, payment of employees salaries and purchase of assets. All revenues from the operation of Shenyang ▇▇▇ ▇▇▇▇ Yuan Trading Co., Ltd. shall be kept in this account. (3) Party B shall have the full right to control and administer the financial affairs and daily operation of Shenyang ▇▇▇ ▇▇▇▇ Yuan Trading Co., Ltd., such a...
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Entrusted Management. (a) The Shareholder and Shanghai Chuangxin shall, and do hereby, entrust the management and operation of Shanghai Chuangxin to Old BVI pursuant to the terms and conditions of this Agreement, including without limitation delivering to Old BVI all business materials together with all business licenses and corporate seal (chop) of Shanghai Chuangxin, including the right, power and authority to exercise all the right, power and authority of Shanghai Chuangxin as the shareholder of any of its Subsidiaries; and (b) Old BVI shall manage and operate Shanghai Chuangxin in accordance with the terms and conditions of this Agreement.
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Entrusted Management. 1.1 As of and from the Effective Date (as defined below), Party B agrees that the management of WRCF shall be entrusted to Party A pursuant to the terms and conditions of this Agreement. Party A agrees to manage WRCF in accordance with the terms and conditions of this Agreement. 1.2 Party B agrees that 26.80 millions shares of Common Stock of WCRF, in the aggregate, shall be issued and delivered to Party A as soon as reasonably practicable following the date hereof. 1.3 Party B agrees to pay regular cash compensation and to implement a stock ownership incentive plan as further compensation for the management services of Party A. （1） During the term of this Agreement, the regular cash compensation of Party A will be paid in RMB on a monthly basis. （2） Party B shall implement the stock ownership incentive plan according to the performance of Party A. （3） For the 3 year period immediately following the date of this Agreement, if the annual return on equity rate of WCRF is lower than 5%，Party A shall not be entitled to the issuance of any WCRF Common Stock under the stock ownership incentive plan with respect to such annual period, except with the consent of Party B. 1.4 The term of this Entrusted Management Agreement shall be from the date of this Agreement (the “Effective Date”) until the earlier to occur of the following (the “Entrustment Period”): (1) the winding up of WRCF; (2) 15 years from the date hereof; or (3) the termination date of this Entrusted Management Agreement as determined by the Parties hereto. 1.5 During the Entrustment Period, Party A shall be fully responsible for the day-to-day management of WRCF. Party A’s management services shall include, without limitation, the following (except to the extent, if any, provided by applicable law): (1) Party A shall be responsible for the operation of WRCF, which includes the right to hire managerial and administrative personnel for WRCF and any of its subsidiaries. (2) Party A shall administer the financial affairs and daily operations of WRCF and its subsidiaries such as entering into and performing contracts and paying taxes. (3) Party A shall have all other customary powers and duties associated with the management authority and responsibilities contemplated hereby. Party A shall be subject to WRCF’s policies, work rules, procedures, and approval practices, as generally in effect from time to time for all employees of WCRF, to the extent necessary and appropriate.
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Related to Entrusted Management

  • SITE MANAGEMENT We reserve the right, but not the obligation, to: (1) monitor the Site for violations of these Terms of Use; (2) take appropriate legal action against anyone who, in our sole discretion, violates the law or these Terms of Use, including without limitation, reporting such user to law enforcement authorities; (3) in our sole discretion and without limitation, refuse, restrict access to, limit the availability of, or disable (to the extent technologically feasible) any of your Contributions or any portion thereof; (4) in our sole discretion and without limitation, notice, or liability, to remove from the Site or otherwise disable all files and content that are excessive in size or are in any way burdensome to our systems; and (5) otherwise manage the Site in a manner designed to protect our rights and property and to facilitate the proper functioning of the Site.

  • Workload Management 11.1 The parties to this Agreement acknowledge that Employees and management have a responsibility to maintain a balanced workload and recognise the adverse effects that excessive workloads may have on Employee/s and the quality of resident/client care. 11.2 To ensure that Employee concerns involving excessive workloads are effectively dealt with by Management the following procedures should be applied: (a) Step 1: In the first instance, Employee/s should discuss the issue with their immediate supervisor and, where appropriate, explore solutions. (b) Step 2: If a solution cannot be identified and implemented, the matter should be referred to an appropriate senior manager for further discussion. (c) Step 3: If a solution still cannot be identified and implemented, the matter should be referred to the Facility Manager for further discussion. (d) Step 4: The outcome of the discussions at each level and any proposed solutions should be recorded in writing and fed back to the effected Employees. 11.3 Workload management must be an agenda item at staff meetings on at least a quarterly basis. Items in relation to workloads must be recorded in the minutes of the staff meeting, as well as actions to be taken to resolve the workloads issue/s. Resolution of workload issues should be based on the following criteria including but not limited to: (a) Clinical assessment of residents’ needs; (b) The demand of the environment such as facility layout; (c) Statutory obligation, (including, but not limited to, work health and safety legislation); (d) The requirements of nurse regulatory legislation; (e) Reasonable workloads (such as roster arrangements); (f) Accreditation standards; and (g) Budgetary considerations. 11.4 If the issue is still unresolved, the Employee/s may advance the matter through clause 9 Dispute Resolution Procedure. Arbitration of workload management issues may only occur by agreement of the Employer and the Employee representative, which may include the union/s.

  • AGREEMENT MANAGEMENT Pinellas Community Foundation designates the following person(s) as the liaison for the ▇▇▇▇▇▇ ▇▇▇▇▇▇, CEO Pinellas Community Foundation

  • Traffic Management 9.2.1 During the Operating Period, Developer shall be responsible for the general management of traffic on the Project. Developer shall manage traffic so as to preserve and protect safety of traffic on the Project and Related Transportation Facilities and, to the maximum extent practicable, to avoid disruption, interruption or other adverse effects on traffic flow, throughput or level of service on the Project and Related Transportation Facilities. Developer shall conduct traffic management in accordance with all applicable Technical Provisions, Technical Documents, Laws and Governmental Approvals, and in accordance with the Traffic Management Plan. 9.2.2 Developer shall prepare and submit to TxDOT and the Independent Engineer for TxDOT approval a Traffic Management Plan for managing traffic on the Project and Related Transportation Facilities after the commencement of traffic operations on any portion of the Project, addressing (a) orderly and safe movement and diversion of traffic on Related Transportation Facilities during Project construction, (b) orderly and safe movement of traffic on the Project and (c) orderly and safe diversion of traffic on the Project and Related Transportation Facilities necessary in connection with field maintenance and repair work or Renewal Work or in response to Incidents, Emergencies and lane closures. Developer shall prepare the Traffic Management Plan according to the schedule set forth in the Technical Provisions. The Traffic Management Plan shall comply with the Technical Provisions and Technical Documents concerning traffic management and traffic operations. Developer shall carry out all traffic management during the Term in accordance with the approved Traffic Management Plan. 9.2.3 Developer shall implement the Traffic Management Plan to promote safe and efficient operation of the Project and Related Transportation Facilities at all times during the course of any construction or operation of the Project and during the Utility Adjustment Work. 9.2.4 TxDOT shall have at all times, without obligation or liability to Developer, the right 9.2.4.1 Issue Directive Letters to Developer regarding traffic management 9.2.4.2 Provide on the Project, via message signs or other means consistent with Good Industry Practice, non-Discriminatory traveler and driver information, and other public information (e.g. amber alerts), provided that the means to disseminate such information does not materially interfere with the functioning of the ETCS.

  • Construction Management Landlord or its Affiliate or agent shall supervise the Work, make disbursements required to be made to the contractor, and act as a liaison between the contractor and Tenant and coordinate the relationship between the Work, the Building and the Building’s Systems. In consideration for Landlord’s construction supervision services, Tenant shall pay to Landlord a construction supervision fee equal to three percent (3%) of Tenant’s Costs specified in Section 7.