MANAGEMENT AND REPRESENTATION Sample Clauses

MANAGEMENT AND REPRESENTATION. 5.1 The management and the representation shall be the right and the obligation solely of the General Partner. The General Partner shall manage the affairs of the Partnership in accordance with the statutory provisions and this Limited Partnership Agreement. The Second General Partner shall always be excluded from the management and the representation.
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MANAGEMENT AND REPRESENTATION. 2.1 The parties shall form a Management Committee (the "Committee") consisting of equal numbers of representatives appointed by PPG and UDC reporting to the President of UDC. The number of representatives appointed by each party shall be not less than one and not more than three. Each party shall designate one representative to be its spokesperson; UDC's spokesperson shall chair the Committee (the "Chair"). The parties agree to cause their respective representatives to comply with all terms and conditions set forth in this Agreement and all applicable laws.
MANAGEMENT AND REPRESENTATION. (1) The Managing Director is entitled and required to represent the Company according to the law, the articles of incorporation, and any management rules jointly with the other managing directors and to manage the Company’s businesses. Instructions issued by the shareholders’ meeting shall be followed as long as they do not contradict agreements contained in this Contract.
MANAGEMENT AND REPRESENTATION. In the event of any Joint Invention, each concerned Party will appoint a representative with patent and intellectual property expertise. Such representatives will meet (in person, by telephone or videoconference) upon request by any Party jointly owning such Joint Invention (with each Party responsible for the expenses of its representative) during the term provided for in Article 19.1(e) and the pendency of any patents or patent applications claiming any such Joint Invention, to coordinate, discuss, and review strategies, and allocate responsibilities and Patent Cost sharing, in good faith and according to the legitimate interest, rights, and Respective Territories of the Parties concerned, with respect to filing, prosecuting, maintaining, enforcing and defending patent applications and patents, in the names of the Parties jointly owning such Joint Invention, that claim such Joint Invention, subject to the provisions of Article 12.1(b) and (c).
MANAGEMENT AND REPRESENTATION. 8.1. The Partnership will be managed and ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ , ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ;
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MANAGEMENT AND REPRESENTATION. (I) The company’s affairs shall be managed by a Board of Directors comprised of eight (8) regular directors and eight (8) alternate directors. At least two (2) regular directors and two (2) alternate directors shall meet the independent director requirements in accordance with the rules of the Argentine Securities Commission. Whenever an alternate director is appointed, a record shall be kept as to which regular director he shall replace in the event of a vacancy and, if a vacancy exists in the company’s Board for any reason, it shall be filled by such alternate director. (II) Directors shall remain in office for three (3) fiscal years and may be reelected an indefinite number of times; they shall remain in office until their successors are elected. Regular and alternate directors shall be elected by the majority of votes at a General Meeting of Shareholders. (III) Irrespective of the provisions of VIII below, the amount of compensation payable to the directors shall be established by the shareholders. (IV) All directors, irrespective of their place of residence, shall establish an address for notices in the City of Buenos Aires or in the greater Buenos
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MANAGEMENT AND REPRESENTATION. 1. The Corporation shall have one or several managing directors. If only one managing director has been nominated, he shall be the sole representative of the Corporation. If several managing directors have been nominated, the Corporation shall be represented jointly by two managing directors or by one managing director together with a person granted power of attorney according to the Commercial Code [Prokurist].
MANAGEMENT AND REPRESENTATION. 6.1 Xx. Xxxx Xxxxxxx and Xxxxxx Hilverkus were appointed as the initial managing Limited Partner (geschäftsführender Kommanditist) (a “Managing Limited Partner”) Messrs. Xxxxxx Xxxx (Chairman) and Xx. Xxxxxxxxx Xxxxxxx-Wolf (CFO) are hereby each appointed as further Managing Limited Partners, their respective appointment becomes effective upon them acquiring their respective Limited Partnership Interests and registration thereof in the commercial register. Further Managing Limited Partners may be appointed and the appointment of Managing Limited Partners may be rescinded by way of a resolution of the Partnership. The appointment as a Managing Limited Partner shall become effective when accepted by the new appointee in writing vis-à-vis the General Partner or a Managing Limited Partner (if any). The rescission of the appointment shall become effective when notified in writing by the General Partner or a Managing Limited Partner to the other Managing Limited Partner. The individuals at any time appointed as Managing Limited Partners under or in accordance with this Partnership Agreement are herein referred to as “Managing Limited Partner”.
MANAGEMENT AND REPRESENTATION. The rights and duties of the Managing Director are governed by the law, the articles of association of the Company, this service contract and [the rules of procedure, which may be adopted by the Company at any time]. The Company may modify or limit the Managing Director's power of representation at any time.
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