Management Procedures Clause Samples

Management Procedures. Details of the management processes and controls to be used in the implementation of the Transition Plan.

Management Procedures. The Credit Parties have (and will continue to have and maintain) such appropriate and customary risk management and information sharing procedures and policies so as to allow the Senior Officers to be and remain informed about the material aspects of the operations of the Credit Parties’ businesses for which each is primarily responsible.

Management Procedures. The Borrowers have (and will continue to have and maintain) such appropriate and customary risk management and information sharing procedures and policies so as to allow the Senior Officers to be and remain informed about the material aspects of the operations of the Borrowers’ businesses for which each is primarily responsible.

Management Procedures. The Company and the Shareholders agree to cause the Company and its directors, officers and employees to operate in accordance with the Management Protocol attached hereto as Schedule 2.14 and made a part hereof and each party agrees that the provisions thereof are incorporated herein and are binding upon the parties hereto as if set forth herein in their entirety.

Management Procedures. In general, the PC will connect with WPLs to analyse the tasks in progress, suggest coordination activities among WPs, analyse documents drafts associated to WPs. Major issues are discussed collectively within the SB or with the members involved in the different issues. [GA – Annex I Part B 2.3.2 Management structure and procedures] [CA – Section 6] 2.6.1 Decision process and conflict resolution‌

Management Procedures. Manager will consult with Members of Owner on a periodic and regular basis with respect to the management of the Hotel. Manager on behalf of Owner may take all actions it deems appropriate for the operation of the Hotel. For purposes of communications between Manager and Owner, Owner's authorized representatives will be those individuals identified in writing by Owner.

Management Procedures. Administrative and financial co-ordination: A periodicity for compiling and sending reports to the EC is established as follows: two reporting periods for months 1-12, and 13-36. Management and Activity Reports will be delivered to the Commission after each reporting period (also see section 2.1.3). A schedule will be prepared for the distribution of the funding. Advance payment will be designated with the agreement of the partners. The coordinator IUAV will be in charge of the distribution of the payments to the partners of the project. A safe and quick accounting will be supplied and will be held open to inspections to provide clarity. Periodic financial reports will be prepared and submitted to the Commission after each reporting period. Audits will be led to certify the financial reports. Scientific coordination: This has two main goals: the coordination of different work groups and the trans- fer of the deliverables to the Commission. Regular meetings every six months will be the main opportunity for coordination and for keeping the work on schedule. Reports of these meetings will be delivered to the Commission by the project coordinator IUAV. Work Package Leaders will have to deliver the scientific deliverables to IUAV, who will be in charge of delivering them to the Commission. Short-term scientific visits across partners will allow effective integration of work and knowledge, as well as scientific progress in specific areas. A summary of meetings and visits, using a mixture of face-to-face and video-conference contacts, is reported in table 1.b. Organization and Conflict Resolution: For this project, the management structure is largely centralized, being dominated by one central figure, the Project Manager, who will be responsible for the coordination of the whole project. The Project Manager will interact with the Work Package Leaders, who will be responsible for the coordination of each work package, and with the Local Managers, responsible for work carried out by each partner. A Project Committee grouping together the Project Manager and the Local Managers is the ultimate authority for all decisions and is responsible for the overall direction of the project. Conflicts are resolved in the Project Committee by vote: each partner has a vote and the Project Manager has a casting vote.

Management Procedures