Management and Management Committee Sample Clauses

Management and Management Committee. 5.1.1 The business and affairs of the Company shall be managed under the direction and control of a management committee (the “Management Committee”), which shall consist of four (4) Persons, selected as follows:
Sample 1
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Management and Management Committee. (a) Except for situations in which the approval of the Members is required by this Agreement or by nonwaivable provisions of the Act, and subject to the provisions of subsection (b) below, the powers of the Company shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed under the direction of, Managers acting by and through a Management Committee (as defined below). The Management Committee as hereinafter defined, pursuant to a majority vote of its Managers, shall manage, control, administer and operate, and make all decisions relating to, the business and affairs of the Company and exercise all power conferred upon the Company in the Act, except such as are by law, by the Articles or by this Agreement conferred upon or reserved to the Members. The Management Committee pursuant to a majority vote of its Managers shall have the right to delegate to the officers of the Company, if any, authority to exercise any power, duty or responsibility of the Management Committee not specifically reserved to the Management Committee or the Members under this Agreement. The day-to-day operations and management of the Company shall be by or under the authority of the Chairman of the Management Committee as hereinafter designated.
Sample 1
Management and Management Committee. 6.1.1 The business and affairs of the Company shall be managed under the direction and control of a Management Committee which shall consist of five (5) individuals who need not be Members. The Management Committee shall consist of three (3) representatives appointed by Artery (the “Artery Representatives”) and two (2) representatives appointed by Beazer (the “Beazer Representatives”). The initial Artery Representatives shall be X. Xxxxx XxXxxxx, Xxxxx X. Price, and Xxxx IL Xxxxxxxx. The initial Beazer Representatives shall be Xxxxxxx X. Xxxxxxx and Xxxxx Xxxxxxxx. Such individuals shall continue as members of the Management Committee until they resign or are replaced as provided below, In the event any of the Artery Representatives resign from the Management Committee or Artery desires at any time to replace any of the Artery Representatives, Artery shall have the sole and absolute power to appoint a successor or replacement for such individual. In the event any of the Beazer Representatives resign from the Management Committee or Beazer desires at any time to replace any of the Beazer Representatives, Beazer shall have the sole and absolute Power to appoint a successor or replacement for such individual.
Sample 1
Management and Management Committee. (i) The Management Committee shall consist of three (3) individuals, each of whom shall be an Affiliate of a Member or a senior employee of a Member. SWC shall appoint one Person to serve on the Management Committee (the "SWC Manager") and Inland shall appoint two Persons (collectively, the "Inland Managers", and individually, each, an "Inland Manager"); Xxxx Xxxxxxx may be an Inland Manager notwithstanding his employment by Company. The members of the Committee are referred to herein as the "Managers". Each Manager shall serve on the Management Committee until replaced by the Member appointing such Manager or removed pursuant to Section 8.2(b). The Management Committee initially shall consist of the following persons: Xxxxxxx Xxxxxxx (SWC Manager), Xxxx XxXxxxxx (Inland Senior Manager), and Xxxx Xxxxxxx (Inland Manager). Each Member shall also designate an alternate Person(s) to act for it if its appointed Manager is unavailable. Any written act, approval, consent, or vote of a Manager or alternate(s) so designated shall be deemed to be the act, approval, consent, or vote of the Member which designated such Manager and alternate(s) and neither the Company, Manager, nor any Member shall be required to inquire into the authority of such Manager or alternate(s) as to such written act, approval, consent, or vote on behalf of the Member which designated such Manager and alternate(s). Any such Manager or alternate(s) may be replaced by a successor Manager or alternate(s) by written notice delivered to the Management Committee and to the other Member. Any such notice from Inland shall identify whether the successor Manager
Sample 1
Management and Management Committee. Each Partner shall have a voice in the management and conduct of the Partnership business. Any differences arising among the Partners as to ordinary matters connected with the Partnership business shall be decided by a majority in interest of the Partners as determined by the percentage ownership interests designated on the signature page of these Articles or such percentages as the same may be altered in accordance with paragraph 2.04. No act in contravention of these Articles, however, may be legally done without the consent in writing of all the Partners. Notwithstanding the above, the Partnership may from time to time, as a matter of convenience, employ a property management firm to control and be responsible for the day-to-day operations of the Partnership. A majority in interest of the partners shall select the property management firm. The duties and responsibilities of said property management firm and its reimbursement rate for these services shall be identified in a separate agreement. All matters not consistent with the day-to-day operations shall be decided by the vote of the Partners holding at least two-thirds (2/3) of the ownership interest in the Partnership. Should any Partner insist in writing that a matter involves decisions not in the ordinary day-to-day operation of the business, the resolution of that decision shall be made by the Partners holding at least two-thirds (2/3) of the ownership interest in the Partnership.
Sample 1
Management and Management Committee. 5.1.1. The business and affairs of the Company shall be managed under the direction and control of a management committee (the “Management Committee”), which shall consist of three (3) individuals, who are called Managers (each a “Manager,” and collectively, the “Managers”). Managers need not be Members. The Management Committee initially shall consist of two (2) individuals nominated by Trxade Health, namely Sxxxx Xxxxxxxx and Pxxxxxxx Xxxxx and (1) individual nominated by Exchange Health, namely Hxxxxxxx Xxxxxx. If Trxade Health or Exchange Health holds less than a twenty-five percent (25%) Percentage under Exhibit A, as amended, such Member shall forfeit the right to exclusively nominate a Manager to the Management Committee as described in the preceding sentence, and in such event, the right to appoint and/or remove said Manager to the Management Committee shall be vested those Member(s) holding greater than 50% of the Interests by majority vote thereof. Except as otherwise agreed by the Members, the members of the Management Committee shall serve without compensation from the Company.
Sample 1
Management and Management Committee. The business and affairs of the Company shall be managed by a management committee (the “Management Committee”), which shall consist of not fewer than three (3) individuals. The Management Committee shall be appointed by the Member. Decisions of the Management Committee shall be presumed to be within its scope of authority and shall be binding upon the Company.
Sample 1
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Related to Management and Management Committee

  • Management Committee The Members shall act collectively through meetings as a "committee of the whole," which is hereby named the "Management Committee." The Management Committee shall conduct its affairs in accordance with the following provisions and the other provisions of this Agreement:

  • Operating Committee 7.01 To coordinate the operation of their respective generating, transmission and substation facilities, in order that the advantages to be derived hereunder may be realized by the parties hereto to the fullest practicable extent, the parties shall establish a committee of authorized representatives to be known as the Operating Committee. Each of the parties shall designate in writing delivered to the other party, the person who is to act as its representative on said committee (and the person or persons who may serve as alternates whenever such representative is unable to act). Each of such representatives and alternates shall be persons familiar with the generating, transmission, and substation facilities of the system of the party he represents, and each shall be fully authorized (1) to cooperate with the other representative (or alternates) and (2) to determine and agree from time to time, in accordance with this agreement and with any other relevant agreements then in effect between the parties, upon the following:

  • Management Team Subject to any approval or consulting rights of the --------------- Joint Operations Committee, Manager shall engage or designate one or more individuals experienced in dental group management and direction, including, but not limited to, an administrator, who will be responsible for the overall administration of the Practice including day-to-day operations and strategic development activities.

  • Collaboration Management Promptly after the Effective Date, each Party will appoint a person who will oversee day-to-day contact between the Parties for all matters related to the management of the Collaboration Activities in between meetings of the JSC and will have such other responsibilities as the Parties may agree in writing after the Effective Date. One person will be designated by Merck (the “Merck Program Director”) and one person will be designated by Moderna (the “Moderna Program Director,”) together will be the “Program Directors”. Each Party may replace its Program Director at any time by notice in writing to the other Party. Any Program Director may designate a substitute to temporarily perform the functions of that Program Director by written notice to the other Party. The initial Program Directors will be: For Moderna: [***] For Merck: [***]

  • Transition Committee Prior to the Effective Time, the Parties shall establish a transition committee (the “Transition Committee”) that shall consist of an equal number of members designated by Baxter and Baxalta at all times, with each Party having the right to replace the Transition Committee members delegated by it from time to time and taking such efforts as are necessary from time to time to cause the Transition Committee to consist of an equal number of representatives of Baxter and Baxalta (in a total number determined from time to time by the Parties). The Transition Committee shall be responsible for monitoring and managing all matters related to any of the transactions contemplated by this Agreement or any Ancillary Agreements. The Transition Committee shall have the authority to (a) establish one or more subcommittees from time to time as it deems appropriate or as may be described in any Ancillary Agreements, with each such subcommittee comprised of an equal number of members representing each Party, and each such subcommittee having such scope of responsibility as may be determined by the Transition Committee from time to time; (b) delegate to any such committee any of the powers of the Transition Committee; and (c) to combine, modify the scope of responsibility of, and disband any such subcommittees, and to modify or reverse any such delegations. The Transition Committee shall establish general procedures for managing the responsibilities delegated to it under this Section 2.14, and may modify such procedures from time to time. All decisions by the Transition Committee or any subcommittee thereof shall be effective only with majority approval, and any such approval must include the approval of at least one member of the Transition Committee designated by Baxter and at least one member of the Transition Committee designated by Baxalta. The Parties shall utilize the procedures set forth in Article VII to resolve any matters as to which the Transition Committee is not able to reach a decision.

  • Advisory Committee (a) The Partnership shall have a committee (the “Advisory Committee”) consisting of Fund Investors or their representatives or designees selected by the Managing General Partner; provided that no member of the Advisory Committee shall be an Affiliate of the Managing General Partner (or a designee or representative thereof). The Managing General Partner will meet with the Advisory Committee at least semi-annually to consult on various matters concerning the Partnership, including financial statements and appraisals, the status of existing investments and such other matters as the Managing General Partner may determine or any member of the Advisory Committee may reasonably propose.

  • Investment Committee The board of directors of the insurance company shall appoint an investment committee of the investment manager as the investment committee of the insurance company. The investment committee shall meet at least once each quarter to review the investments and loans of the insurance company.

  • Member Management Except as otherwise expressly provided in this Agreement, the business and affairs of the LLC shall be managed and controlled by the Member, and the Member shall have full, exclusive and complete authority and discretion to make all the decisions affecting the business and affairs of the LLC, and to take all such actions as the Member deems necessary or appropriate to accomplish the purposes of the LLC; and any actions taken by the Member shall be binding on the LLC.

  • Development Committee As soon as practicable, the Parties will establish a joint development committee, comprised of at least one (1) and up to two (2) representatives of Omega and at least one (1) and up to two (2) representatives of Acuitas (the “JDC”). One such representative from each Party will be such Party’s Workplan Leader. Each Party may replace its Workplan Leader and other JDC representatives at any time upon written notice to the other Party, provided, however, that each Party shall use reasonable efforts to ensure continuity on the JDC. With the consent of the other Party (which will not be unreasonably withheld, conditioned or delayed), each Party may invite non-voting employees and consultants to attend JDC meetings as necessary, subject to consultant’s agreement to be bound to the same extent as a permitted subcontractor under Section 3.1(i).

  • Executive Committee (A) The Executive Committee shall be composed of not more than nine members who shall be selected by the Board of Directors from its own members and who shall hold office during the pleasure of the Board.

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