Management Role Clause Samples

The Management Role clause defines the responsibilities and authority assigned to a party or individual for overseeing and directing certain aspects of a project or organization. Typically, this clause outlines the scope of decision-making power, reporting obligations, and the specific duties the manager is expected to perform, such as supervising staff, managing budgets, or ensuring compliance with policies. By clearly delineating these roles, the clause helps prevent confusion or disputes over leadership and accountability, ensuring effective governance and smooth project execution.
Management Role. Subject to the terms and conditions of this Agreement including without limitation the waiver and indemnification by ADESA set forth in Section 9 below, ALLETE shall undertake, on behalf of the Owners, the duties of managing and scheduling the Aircraft and billing the Owners for all costs and expenses associated with the Aircraft as set forth in this Section 4 and Sections 5, 6 and 7. ALLETE may, upon ninety (90) days' written notice to ADESA, elect to terminate its management role described in subsection 4.2. Upon such notice, the Owners shall cooperate to promptly select and retain a mutually acceptable and suitable provider of such terminated management services, and upon such retention, ALLETE shall be relieved of its management role hereunder.
Management Role. Serves or anticipates serving as a director, trustee or officer of, any entity or individual that either: (i) sells goods or services to, or purchases services from, The Beacon Council Economic Development Foundation, Inc. l; or (ii) has any other transaction or arrangement with The Beacon Council Economic Development Foundation, Inc.
Management Role o The Seller shall act as the interim manager of common areas until a management committee or responsible person is established. The Buyer shall pay monthly common area management fees from the handover date. For the first six months after the first unit’s handover, the Seller shall hire a property management company, with personnel costs borne by the Seller. After this period, costs are shared by unit owners.
Management Role