Management Body Sample Clauses

Management Body. The joint body within the meaning of the Legislation that fulfils the WEEE Take-back obligation imposed by the Legislation on behalf of the Co-contractor. Through 31 December 2022, Recupel Audio-Video npo, LightRec npo, MeLaRec npo, Recupel ICT npo, Recupel E.T. & GARDEN npo, Recupel SDA npo and B-W-REC npo – depending on the case – qualified as Management Bodies. As of 1 January 2023, Recupel npo qualifies as Management Body (hereafter referred to as "Recupel" in this Entry Agreement). The action whereby the appliance imported into or produced in Belgium, whether or not new, is for the first time (i) sold, rented, leased or made available to a third party in Belgium or (ii) is intended for own use (as further explained on the Website specified by Recupel). This action can be taken by x.x. x producer, importer, distributor, wholesaler, retailer, online seller (including sale via online platform).
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Management Body. Article 10 The management body for this phase shall implement the director accountability system under the leadership of the board of directors. The management body will have one executive director to be recommended by Party B and one business director to be recommended by Party A, both of which shall be determined and engaged by the board upon consideration. The directors shall serve a term of four years and may be reelected if they are found qualified after review and assessment. Article 11 The executive director shall be responsible for implementing all resolutions of the board of directors, shall be subject to the review by the board in terms of the annual operating indicators and their operation and management work, shall organize and direct the daily business management of the Center, and shall have responsibility over the administration and human resources, accounting and marketing organization matters of the Center. The business director shall be responsible for medical treatment technology and research work. The management body may have divisional supervisors who shall be in charge of the work of relevant divisions, shall carry out matters delegated by the directors and shall report to the directors. Article 12 If either of the executive or business director abuses his/her office for personal gain or is in gross breach of his/her duties, he/she may be removed at any time by the board of directors under a board resolution. Article 13 The Center will reasonably decide the headcount and staffing according to the needs of the current phrase of business of the Center. The medical and technical staff will be recommended by both Parties. The Center will adopt a system of all-personnel employment and employees will be engaged upon satisfactory review and assessment by the board.
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Management Body. The Center will establish a management body which shall be responsible for the Center’s daily management work. The management body will have one director to be recommended by Party A and one vice director to be recommended by Party B, and both will serve a term of four years upon consideration, approval and appointment by the board.
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Management Body. 10.1 The Company shall establish an operation and management body to be responsible for its daily operation and management. Such operation and management body shall be headed by the general manager of the Company (the “General Manager”), and be constituted by such General Manager and other managers as may be appointed by the General Manager with Board of Directors’ approval. 10.2 The term of office of the General Manager shall be one (1) year and is renewable if he or she is continuously employed. 10.3 The duties of the General Manager are stated in the Articles, including, but not limited to, carrying out all resolutions of the Board of Directors and organizing and conducting the daily operations and management of the Company pursuant to the Articles. With the Board of Directors’ approval, the General Manager may designate department managers as needed to handle matters assigned by the General Manager and report to the General Manager. 10.4 The Company shall also have a deputy general manager of the Company (the “Deputy General Manager”). The term of office of the Deputy General Manager shall be one (1) year and is renewable if he or she is continuously employed. The Deputy General Manager shall assist the General Manager in carrying out his functions and duties. 10.5 Both the General Manager and the Deputy General Manager will be nominated by Party A and then employed by the Board of Directors of the Company. The terms and conditions of the employment of the General Manager and the Deputy General Manager shall be determined and approved by the Board of Directors of the Company. The Parties shall cause their directors on the Board of Directors of the Company to vote for such employment. The General Manager and the Deputy General Manager can be replaced and dismissed by the Board of Directors in accordance with the Articles. 10.6 Except as specified in this Agreement, the Articles or as required pursuant to PRC laws and regulations, any reasonably incurred costs by the operation and management body of the Company for its daily operation and management shall be reimbursed by the Company.
Sample 1
Management Body. The Company shall establish a management body in charge of the operations of the Company. The Company shall have a general manager and several deputy general managers. The Company shall have a person in charge of finance and accounting, a chief actuary and a compliance officer. The general manager shall be nominated by the chairman of the board and appointed by the board of directors. The chairman of the board shall not serve as the general manager. Deputy general managers and other senior management (except secretary to the board) shall be nominated by the general manager and appointed by the board of directors.
Sample 1

Related to Management Body

  • Management Board The Management' Board is responsible for the overall strategic direction of the Integrated Service. Its functions and terms of references are set out in Schedule 3 Part I to this Agreement. REGIONAL ADOPTION SERVICE MANAGER

  • Management Authority Except as otherwise expressly provided herein or in the Act, responsibility for the management of the business and affairs of the Company shall be wholly vested in the Manager, which shall have all right, power and authority to manage, operate and control the business and affairs of the Company and to do or cause to be done any and all acts, at the expense of the Company, deemed by it to be necessary or convenient to the furtherance of the purpose of the Company described in this Agreement. Any action taken by the Manager which is not in violation of this Agreement, the Act and other applicable law shall constitute the act of, and serve to bind, the Company. Any and all actions taken or approved by the Manager pursuant to this Section 5.1 may, but need not, be evidenced by written resolutions. Without limiting the generality of the foregoing, the Manager may appoint, remove and replace officers of the Company at any time and from time to time, and the Manager may retain such Persons (including any Persons in which the Manager shall have an interest or of which the Manager is an Affiliate) as it shall determine to provide services to or on behalf of the Company for such compensation as the Manager deems appropriate. The Manager may designate individuals as authorized signatories to bind the Company and/or serve as “authorized persons,” within the meaning of the Act, to execute, deliver and file any amendments or restatements of the Certificate and all other certificates (and any amendments and/or restatements thereof) required or permitted by the Act to be filed in the office of the Secretary of State of Delaware. Without limiting the generality of the foregoing, the Secretary or any Vice President of DHC is hereby designated as an authorized person, within the meaning of the Act, to execute, deliver and file, or cause the execution, delivery and filing of, all certificates (and any amendments and/or restatements thereof) required or permitted by the Act to be filed in the office of the Secretary of State of Delaware.

  • Management Agent Borrower shall cause the Development to be managed by an experienced management agent reasonably acceptable to the County, with a demonstrated ability to operate residential facilities like the Development in a manner that will provide decent, safe, and sanitary housing (the "Management Agent"). The County has approved the Xxxx Xxxxxxx Company as the Management Agent. Borrower shall submit for the County's approval the identity of any proposed subsequent management agent. Borrower shall also submit such additional information about the background, experience and financial condition of any proposed management agent as is reasonably necessary for the County to determine whether the proposed management agent meets the standard for a qualified management agent set forth above. If the proposed management agent meets the standard for a qualified management agent set forth above, the County shall approve the proposed management agent by notifying Borrower in writing. Unless the proposed management agent is disapproved by the County within thirty (30) days, which disapproval is to state with reasonable specificity the basis for disapproval, it shall be deemed approved.

  • Management In accordance with Section 18-402 of the Act, management of the Company shall be vested in the Member. The Member shall have the power to do any and all acts necessary, convenient or incidental to or for the furtherance of the purposes described herein, including all powers, statutory or otherwise, possessed by members of a limited liability company under the laws of the State of Delaware. The Member has the authority to bind the Company.

  • Management and Control (a) Management and control of the business of the Fund shall be vested in the Board, which shall have the right, power, and authority, on behalf of the Fund and in its name, to exercise all rights, powers, and authority of managers under the Delaware Act and to do all things necessary and proper to carry out the objective and business of the Fund and their duties hereunder. No Manager shall have the authority individually to act on behalf of or to bind the Fund except within the scope of such Manager's authority as delegated by the Board. The parties hereto intend that, except to the extent otherwise expressly provided herein, (i) each Manager shall be vested with the same powers, authority, and responsibilities on behalf of the Fund as are customarily vested in each director of a Delaware corporation and (ii) each Independent Manager shall be vested with the same powers, authority and responsibilities on behalf of the Fund as are customarily vested in each director of a closed-end Management investment company registered under the 1940 Act that is organized as a Delaware corporation who is not an "interested person" of such company, as such term is defined by the 1940 Act. During any period in which the Fund shall have no Managers, CSFB Alternative Capital, as the initial Member, shall have the authority to manage the business and affairs of the Fund. (b) Members, in their capacity as Members, shall have no right to participate in and shall take no part in the management or control of the Fund's business and shall have no right, power or authority to act for or bind the Fund. Members shall have the right to vote on any matters only as provided in this Agreement or on any matters that require the approval of the holders of voting securities under the 1940 Act or as otherwise required in the Delaware Act. (c) The Board may delegate to any other person any rights, power and authority vested by this Agreement in the Board to the extent permissible under applicable law, and may appoint persons to serve as officers of the Fund, with such titles and authority as may be determined by the Board consistent with applicable law. (d) The Board shall have full power and authority to adopt By-Laws providing for the conduct of the business of the Fund and containing such other provisions as they deem necessary, appropriate or desirable, and, subject to the voting powers of one or more Classes created pursuant to this section 3.1, to amend and repeal such By-Laws. Unless the By-Laws specifically require that Members authorize or approve the amendment or repeal of a particular provision of the By-Laws, any provision of the By-Laws may be amended or repealed by the Board without Member authorization or approval. (e) The Board shall have the full power and authority, without Member approval, to authorize one or more Classes of Units; Units of each such Class having such preferences, voting powers and special or relative rights or privileges (including conversion rights, if any) as the Board may determine and as shall be set forth in a resolution adopted in accordance with the By-Laws.

  • Management of Company 5.1.1 The Members, within the authority granted by the Act and the terms of this Agreement shall have the complete power and authority to manage and operate the Company and make all decisions affecting its business and affairs. 5.1.2 Except as otherwise provided in this Agreement, all decisions and documents relating to the management and operation of the Company shall be made and executed by a Majority in Interest of the Members. 5.1.3 Third parties dealing with the Company shall be entitled to rely conclusively upon the power and authority of a Majority in Interest of the Members to manage and operate the business and affairs of the Company.

  • Management Grievance The Employer may initiate a grievance at Step 3 of the grievance procedure by the Employer or designate presenting the grievance to the President of the Union or designate. Time limits and process are identical to a union grievance.

  • 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.

  • Change in Management Permit a change in the senior management of Borrower.

  • Management Company 14 Maturity....................................................................14